Development Opportunities Real Estate

For Sale

Private residence with option as boutique hotel

$ 1,370,000

Income Producing

This beautiful property used to be a top-end hotel and restaurant. It has given up business and is now being used and will be sold as a private residence. However, the option of turning it back into a hotel is available. The main house consists of a professional kitchen with deep fryer, grill, broiler in addition to the usual appliances a huge lounge / restaurant outside bar and restaurant with incredible view over the ocean and the islands the east wing with private quarters with an expansive master bedroom with a wide private terrace and a private fenced garden, walk-in closet and bathroom with jacuzzi plus a secondary bedroom with bathroom the west wing with two guest rooms with en-suite bathrooms and private terrace plus two employee rooms with a shared bathroom The casita has two bedrooms with private terraces and bathrooms,. Each room has its individual entrance. The property has any fruit trees, a 30 gallon well, underground electricity on the grounds with 600 Amps, a 15° ramp allowing continuous visual contact while reversing. The owner is renewing and extending the dock to 60 ft. A pool offers a refreshing dip and the property goes down to the ocean with the dock. The restaurant had all the necessary permits which have lapsed due to the owner's downsizing. All the documentation to title the property is available and the owner has written confirmation of the titling acceptance by the Government. The fishing is fabulous here and the guests regularly bring record fish back after a day out on the ocean. The available fishing grounds of the Gulf Of Chiriquí Hannibal Bank, Montuosa, Ladrones Formation and other World Record fishing grounds. Video by: John R Hampton, NotSereyus Productions

Boca Chica 6 5.5 11,500m²

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Building for Sale in Casco Viejo

$ 2,200,000

History & Location Casa del Baile is located in prime location in the touristic heart of Casco Viejo, within the World Heritage Site of UNESCO. Calle Boquete is a very small, almost hidden residential street between Calle 8 and 9. There are two houses, one either side of Casa del Baile: Magnolia-Inn is a beautifully renovated landmark corner building on one side. On the others side a bar and Rum distillery & museum, owned by Panama's president, which is currently under construction. Across the street from Casa Baile is a new beautiful boutique hotel is in its final construction stages. Several major attractions of Casco Viejo are within just steps of Casa Baile, these attractions include: Iglesia de la Merced, Plaza Herrera, Plaza de la Independencia, Hotels (American Trade Hotel, Tantalo Hotel etc), restaurants, museums, nightlife etc. Layout & Interior Distribution Currently there are 2 commercial spaces on the street level,and a total of 6 apartments. The approved plan includes: 2 commercial spaces in the street level,and 6 apartments. Commercial space 1 - 103.3m² Commercial space 2 - 80.2m² Apartment 1 - 92.9m² Apartment 2 - 116.9m² Apartment 3 - 117.5m² (23.4m²personal rooftop) Apartment 4 - 124.7m² (38.4m²personal rooftop) Apartment 5 - 81m² (46.7m²personal rooftop) Apartment 6 - 112.8m² (55.2m²personal rooftop)

Casco Viejo 328m²

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72 Hectare Gem, Ideal for Development just 9 km from Center of Penonome

$ 720,000

Stunning 72 Hectare property with excellent investment potential. The sellers are asking approximately approximately 1 USD per m2. This parcel of land would be ideal for a small residential project or large country home, as it is located less than 9 km from the center church plaza of Penonome. The farm for sale is located in a fertile valley and has beautiful mountain views in every direction. The property is composed of 72 hectares, all of which are duly titled. With an altitude of about 280 meters, this farm offers cool and constant breezes year round. Apart from a 4 hectare parcel surrounding the spring near the highest point of the property, the rest is cleared and planted with a variety of specialized grazing grasses. In the 4 hectare section that has not been purposely cleared, it is possible to find such wild life as deer, agouti, painted agouti and a very large variety of birds. The property has approximately 1.5 km of road frontage, borders with a river and has a creek and spring within the property boundary lines. The road to the property is a compacted gravel road with the exception of the last 3 km to the property, which is a simple gravel road. The trip to the farm for sale from the center church square of Penonome, although short, is very scenic.

Penonome 72m²

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1/2 acre, titled, beach-front lot for sale in Punta Chame

$ 240,000

Punta Chame 2000m²

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6 HA working farm with Nearly 1/2 Km of River Frontage

$ 240,000

Beautiful 6 hectare property with good road access as well as hook ups for electricity, phone and potable water. The topography of the farm for sale is made almost entirely of gentley rolling hills, with very nice mountain views, including views of the well-known Cerro Guacamaya. A clear mountain river is the boundary of the property and provides nearly 1/2 kilometer of frontage. Throughout the river frontage one can find a variety of natural swimming pools including 3 exceptionally large natural swimming pools each with sandy beach entry. The river property is located in Llano grande, within the district of La Pintada and on the new road being constructed to the Caribbean Coast of Panama. The working farm for sale is currently planted with a variety of mature trees, and is currently producing plantain, spinach, mustard greens, tomatoes, rice, yucca, and a variety of other produces. Additionally it has several fresh water springs within the property lines which can be damned for production of tilapia. The asking price is 3 USD per m2

La Pintada 6m²

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Land/Farm for Sale in San Isidro

$ 336,000

The farm has 12 hectares with 1195 m2, is located in San Isidro, Paso Canoas. 25 minutes from David airport, accessible road, electricity, drinking water, 1 cement house with 2 bedrooms, 2 storerooms. View of the Pacific Ocean, Puerto Armuelles. On the property you can find fruit trees like guanabana, oranges, lemons, 1 hectare cane, pipes, guavas, mandarins. Living water runs all year through the middle and joins with another eye of water that runs all year too. It has chutra, corral, iron gates, improved pasture, galley indoors with large troughs. It has 5 hectares of palms of 4 years of deliporghana variety, already producing. The rest is improved grazing for livestock. The owner is willing to offer financing.

San Isidro 12m²

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Beautiful ocean-front lots on Boca Brava - Incredible Real Estate Opportunity

$ 427,000 - $ 628,000

Five beachfront lots, each approximately 2.0Ha (20,000 sq. meters / 5.0 acres). Located on the Pacific island of Boca Brava in the Chiriqui province of Panama. The island can be reached by a 5 minute boat trip across the estuary from the town of Boca Chica, a small fishing village on the mainland. Water taxis operate frequently there taking tourists/guests and locals to and from the island. The estuary is a sheltered and deep water channel suitable for boat mooring. Boca Chica is approximately 1 hour from David, Panama´s second largest city, and approximately 6 1/2 hours from Panama City by car. Boca Chica can be reached by either flying from Panama City to David and then driving to Boca Chica or by driving directly from Panama City. The island can be reached by a 5 minute boat trip across the estuary from the town of Boca Chica, a small fishing village on the mainland. Water taxis operate frequently there taking tourists/guests and locals to and from the island. The estuary is a sheltered and deep water channel suitable for boat mooring. Boca Chica is approximately 1 hour from David, Panama´s second largest city, and approximately 6 1/2 hours from Panama City by car. Boca Chica can be reached by either flying from Panama City to David and then driving to Boca Chica or by driving directly from Panama City When looking at the island, a narrow area of land can be seen and this is where the lots are located. All lots extend across the island with beautiful oceanfront at the front of the property and the estuary offering deep water anchorage at the back. Each lot offers: § Full title and recorded documentation. § Approximately 40m of ocean beachfront. § Rises to a small ridge and then declines again to the estuary, with a gentle slope. § Has great views of the ocean to the south (front of the property) and towards the mountains of Chiriqui Highlands (Boquete) to the north. § Has been cleared of the undergrowth, but mature trees still remain. Well water is readily available and it is expected that the lots will soon be connected to the electricity that is already available on the island. There is a definite interest in this area, with quite a few different nationalities buying small pieces of land. The region offers a very laid back lifestyle, with a wonderful climate and beautiful surroundings. This area has a temperate and predictable climate with gentle ocean breezes and northerly winds blowing of the central cordillera on the mainland. The island is located outside of hurricane activity that can plague the Caribbean and other parts of Central America. The property is readily accessible by land or by water. If coming by water, it is a 45 to 60 minute ride from Port Pedregal in David. Land access is via Horconcitos, 40 km east of David on the Pan-American highway, and then another 16 km on a secondary road to Boca Chica (accessible all year around), it is then 10 minutes by boat from Boca Chica to the property. The town of Boca Chica is a fishing and agricultural center with about 300 inhabitants and offers facilities such as: gas station, 2 small grocery stores, school, health center, public port and 2 bar/restaurants. Construction does require some coordination but as is evidenced by the number of properties already developed in the area, such as cabins, big game fishing lodges, eco resorts and private houses, it is certainly a viable proposition. It is our intention to construct a residence on an adjoining lot. Available Lots Lot 1 - 2.61 hec / 6.42 acres - $ 575,000 Lot 2 - 1.94 hec / 4.79 acres - $ 427,000 Lot 3 - 2.06 hec / 5.11 acres - $ 455,000 Lot 4 - 2.13 hec / 5.28 acres - $ 470,000 Lot 5 - 2.85 hec / 7.05 acres - $ 628,000

Boca Chica 2m²

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Ocean view lot for sale

$ 95,000

Tonosi 5000m²

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