Development Opportunities Real Estate

For Sale

Approved Land Development Project in Sora, Altos del Maria

$ 6,000,000

Approved Land Development Project in Sora adjoining Altos del Maria. This project consists of 104 acres of prime land with panoramic hill views adjoining famous Altos del Maria project. This site is approved to build houses in lot sizes varying from 1000sq. mt. to 3000sq. mt. This site is an exclusively suitable for developing mountain residential community living. The land is located about 25 km from Pan American highway and 100 km from the Panama City. And only 25 minutes away from the Pacific coast beaches. Some resorts are operational and many more are coming up on this hill side. Climate is cool due to hilly location and is most suited for those who prefer cool climate to humid beach locations. The nearest shopping area is Coronado.

Sora 104m²

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Fire sale: 2 hectares on a hill with ocean views above Boca Chicaa

$ 240,000 - $ 420,000

This property is the best buy in the Boca Chica area! Just 5 km before the village Boca Chica, it lies on a vantage point with easy access to the main road leading to the ocean. With prices at less than half the going rate and with a much nicer view than most offers, you do not have to think twice, if you are considering purchasing acreage in the area. You have the option of the main hill with 2 hectares (5 acres) for $ 240,000 ($ 12 / square metre) the hill, the sea front and the area in between for $ 420,000 ($ 7 / square metre) the hill, the sea front, the area in between plus an additional adjacent 20 hectares for $ 1,4950,000 ($ 5.75 / square metre). The property would be ideal for a residence on the top of the hill and / or a residential development with individual houses, which are much sought after in the area. The access to the sea is being improved and a dock is being built. The owner must sell and is open to reasonable offers. In Chiriqui National Marine Park, near the Costa Rican border, lies a stunning new coast and island destination known as Boca Chica. Chiriqui province, famous as a mountain destination, is now also a new world-class beach and island destination. Boca Chica offers pristine ocean views of tropical blue seas, lush vegetation, picturesque islands of white sand and swaying palms, world-class fishing, diving and snorkeling. Just starting to develop as a destination it already has several very attractive lodgings options from an eco- boutique hotel to a fishing lodge. Boca Chica In Chiriqui National Marine Park, near the Costa Rican border, lies a stunning new coast and island destination known as Boca Chica. Chiriqui province, famous as a mountain destination, is now also a new world-class beach and island destination. Boca Chica offers pristine ocean views of tropical blue seas, lush vegetation, picturesque islands of white sand and swaying palms, world-class fishing, diving and snorkeling. Just starting to develop as a destination it already has several very attractive lodgings options from an eco-boutique hotel to a fishing lodge and a top-class hotel with gourmet restaurant. is a town and corregimiento in San Lorenzo District, Chiriquí Province, Panama. It has a land area of 88 square kilometres (34 sq mi).]There is only one road (paved in 2008) to this town and it ends at the estuary of the Pedregal River with the island of Boca Brava just across the water. Boca Chica is the main jumping off point for the islands in the Gulf of Chiriquí. The village is known for its sport fishing (black marlin, dorado and tuna are abundant) and many businesses in the area are geared toward that activity. Boca Chica is the home to the Annual International Jigging and Popping Tournament (the first held on June 11, 2009) where the winner took in a 130 lb. yellowfin tuna for a $10,000 prize. Its popularity as a prime fishing destination has attracted a number of developers to the Boca Chica area and as a result, a growing expat population has been established in recent years. What To Do: Snorkeling Superlative Beaching Diving:The area's abundant sea life is world famous. Deep-sea fishing: Nearby is some of the world's best fishing grounds!! Hannibal Bank and Coiba Island, one of the best places to catch Black Marlin and Yellow Fin Tuna. From November to April, you can catch Blue Marlin, Pacific Sailfish and Dorado. Fishing close to shore and around the numerous islands, will delight novices and experienced fisherman alike. Video by: John R Hampton, NotSereyus Productions

Boca Chica 2m²

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36-hectare farm betweeen David and Barqueta with great potential

$ 600,000 - $ 1,800,000

This farm is on the road that leads from David to Querévao, just a few minutes from David and also from the tourist development area La Barqueta. It lies in the community of Querévalo, district of Alanje, province of Chiriquí, and has a size of about 36 hectares. David is growing towards the ocean so that this property has a great real-estate potential. (At the moment is is being used for agricultural purposes). A baseball stadium has been planned and approved and the construction is expected to be taken up again in the near future. In the vicinity a new Commercial Centre has been built and just 6 minutes away from the property, low-cost housing projects for middle-class families are being constructed. The seller has already sold a neighbouring piece of land for this purpose. Such projects are in great demand, as young middle-class families are now earning enough money to buy a family house, but there is not much on the market . Its proximity to the second largest town in Panama and also to the beach makes this property a very attractive proposition for investors. You can either buy and construct now or buy and wait for the prices to increase even more and build then. The farm has a solid topography and is flat at the level of the road, thus offering itself to the development of houses and shops. Electricity is available on the main road and there is a well on the property. sub-terranean water has been found in the area, thus enabling self-supplying water and independence from any municipal water. A secondary road at the rear of the farm increases the accessibility even more and agricultural roads pass through the property. There is the possibility of subdividing the property into smaller parcels and three lots have been defined, each one with access to the main road via an easement of 15 metres width and 500 metres length. In addition, lot number 1 has direct access to the main road. The meterage is approximate, as the subdivision would take place at the moment of the sale. The sizes and the prices of the three lots would be: Lot 1 has 14.3 hectares and the price is $7.00 per m2. This lot has metres of road frontage, which are very valuable for shops. A small strip mall for instance would be welcomed in the area. Lot 2 has 10.1 hectares and lot 3 has 10.9 hectares. The price for both is $6.00 per m2. Prices are negotiable and the seller is flexible. any segregation will be paid by the seller.

David 36m²

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Small flat farm 15 minutes from David

$ 230,000

Only 15 minutes from the bustling town of David, where you can find everything from hospitals, to high-class hotels and restaurants to all the shops you need, lies this small farm on the edge of the village Cochea Abajo. Nice views to the mountains and a babbling stream during the green season give it a relaxed feeling. Rectangular, completely flat, it is at an elevation of approximately 300 metres above sea level which guarantees a comfortable climate with a constant little breeze and cool nights. It lies on the old road to Boquete which is black top up to a few hundred metres from where it is gravel. There is a promise to have it asphalted. Roads on three sides give the property easy access. Fully titled, the property would lend itself perfectly to a generous private residence, an upper-class community project or a rural hotel.

David 23,000m²

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Santa Isabel

$ 2,475,000

Santa Isabel 9.9m²

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Paradise in the form of three titled islands!

$ 4,500,000

If you lean back, close your eyes and think of the most beautiful spot on earth, you will probably see the three tropical islands in the Gulf of Chiriquí called Islas San José. Lying in the Marine Park Chiriquí, just off the finger of Boca Brava and only 20 minutes from the mainland village of Boca Chica, they offer the most spectacular sightings of humpback whales and their babies frolicking during the months of September to November. Imagine whale-watching form your balcony! These islands have never been inhabited and are now for sale. The photographs show a beautiful property, but they cannot do justice to the real islands. All of the three islands have stupendous white-sand beaches, most of them ideal for swimming. The main island offers various locations that would be perfect for a marina, as they are sheltered from the open sea by the two smaller islands. All islands have perfect sites for building houses. The main island measures over 16 hectares and has a fresh-water well, the second island 3.3 hectares and the smallest 1.3 hectares. The islands are fully titled and are being sold together. Video by: John R Hampton, NotSereyus Productions

Boca Chica 20.3m²

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18 hectares titled land in Dos Rios Abajo, Dolega

$ 585,000

18 hectares of titled land with roads on 3 sides, located at 3 kilometers form downtown Dos Rios Abajo. Dos Rios Abajo is a quiet little town where the majority of the population works in agriculture and cattle raising. This property is 95 % usable as it is only slightly rolling in places. This feature makes developing this property very attractive. The neighboring properties are all gently rolling farmland. From the property you can see the volcano Barú, the highest mountain in Panama, and the Meseta de Chorcha, as well as the mountains of the Talamanca Range. Access from David is an easy 15-minute drive on the new highway from David to Boquete. Boquete is 20 minutes away on this road and the Pacific beaches can be reached in an hour. The close vicinity to David and the gentle topography make this property ideal for a residential development. David is growing fast and currently there are more than 20 residential developments under way. This particular property would lend itself perfectly for development of middle-price-range homes, as there is a great demand, but practically no supply of homes in the $99K- $199K price range. We have planned a residential development of 108 homes on lots of 1000 square meter which would leave over 7 hectares for green zones and infrastructure. Included in the sale are an approved masterplan plus permits for a 108 home subdivision. The masterplan will be designed by the architects Cetsa s.a, masterminds behind the beautiful well-known residential subdivisions of Los Molinos near Boquete. The farm is titled and surveyed and has no liens. Electricity is 2 kilometers away and can be brought to the property together with Union Fenosa, the local energy company.

David 18m²

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Isla Boca Brava exclusive titled waterfront development with all permits

$ 4,600,000

Investment-Development Opportunity for the Water-Man and Entrepreneur: An Island in the Sun Isla Boca Brava, the esteemed gem of Boca Chica, located off the Pacific coast of Panama, is a permit ready, almost fully titled, waterfront property that beckons prime real estate. Whether you are a group of property investors, a developer or a private financier, Isla Brava is an investment-development opportunity that is the prospect of a lifetime. After an arduous period of scouting, Vesta Group has undertaken a wide variety of activities which now leaves the island ready for construction. With environmental impact studies complete, Master Plan approval from the Panamanian government and additional infrastructure in process, the land is prepared for 50 residential lots and a hotel, with all design concepts remaining available. The overarching idea is to offer elite luxury in a natural setting and one of the main appeals of this emergent island development is most definitely the natural beauty it presents, truly making it priceless and unequaled. The 140 acres of untouched land, with additional public space built in the plan, nearly one mile of coastline, natural bay marinas, and views of the neighboring archipelagos, Isla Brava is a distinctive destination unlike no other, and one you need to experience for yourself. The peaceful waters, located outside hurricane zones, with an evenly steady climate of 85 degrees F / 30 degrees C, make way for adventure. The clean beaches of white sand are ready to discover and explore. Views reach as far as the Baru Volcano to the East, located on the mainland, and when one looks to the South, the archipelago of islands in the Gulf of Chiriquí National Marine Preserve are a breathtaking sight to see. Throughout the development of this project, a philosophy of leading by example and taking it slow was fostered. It was only natural for a deep appreciation of the beauty that was found on the island to remain a high commitment, and this project strives to be one of minimal impact. It is, the “perfect chance to make it right, the first time”, truly being a developer’s playground and paradise in one. The island hosts a rocky rimmed Peninsula, the "Canacilla”, which stretches out into the ocean, also equipped for a helicopter landing pad, and sits at an elevation of 140 feet above sea level. With a tranquil protected bay, Puerto Escondido, perfect for a boutique marina, the coastline offers two beautiful beaches, both with mature palm trees lining the beach front and one coupled with a fresh water stream. The calm waters make for perfect ocean sports, whether kayaking, diving or boating are on the agenda, the surrounding environment paves the way for a little (or a lot!) of fun in the sun. And sport fishing amateurs be advised, the Hannibal banks are just an hour run, so you may just want to plan a few extra hours on the open waters of the South Pacific Ocean, as nearby in the reefs, that adrenaline pumping catch, is just a reel away. And rest assured, for those who may be pressed for time, although the island is secluded and private, it remains highly accessible from the mainland, with David International airport easily reached by car or boat, and travel time being as little as an enjoyable 40 minute boat ride. And with that, we encourage you to join us and feel the island breeze, hear the monkeys howl and let our eyes feast on the 360 degree panoramic views.With the rolling of thunder off the main land, the birds of paradise that grow wild and the tempting neighboring islands that beckon a visit, you will wish you could stay. And so, wake up with the surrounding views of the Panamanian coastal mountain range; no longer figments of your imagination, come park your boat in the bay, whilst your worries float away. The when and how is up to you. This is the life, this is the dream, and we invite you to experience our piece of paradise, we call Isla Brava... For more information visit us online at www.islabravapanama.com The property is fully titled with the exception of 18 hectares which are in Right of Possession and have n o view. the masterplan has been approved by ANAM. Two deepwater wells of 400 feet offer good and plentiful water. The nearest marina is 4 minutes away from the mainland on the bayside and 15 minutes going around the ocean side. The marina has fuel and a ramp. Electricity is projected and estimates are in place. Basic roads lead to all the lots which are clearly defined and well marked. the property has some of the best views on the island and tranquil and safe swimming beaches. Prices: a. Entire Project-$4,600,000.00 b. Canacilla Peninsula- $1,900,000.00 c. Ocean side $2,200,000.00 d. Bay side $900,000.00 Video by: John R Hampton, NotSereyus Productions

Boca Chica 56m²

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