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This property is free and clear without liens or encumbrances and held by the same area pioneering family for over a hundred years. The property is located in the southern portion of downtown Boquete directly on the main road, Central Avenue, coming from David. This avenue is the extension of the four-lane highway from the provincial capital of David. Boquete is (and has been for a number of years) considered one of the top retirement destinations in the world.
The Boquete/David Highway (in Boquete called Central Avenue) divides the property into two lots. The Domingo Médica Park, the central park of Boquete, is located one kilometre away in the town centre. You can buy one or both!
Lot A with 5869.69 m2 is located to the left of the highway and the larger Lot B with 4 hectares + 1986.46 m2 is on the right side of the highway. Both are titled.
Lot A has frontage on Central Avenue with 118.89 linear meters. Lot B has 187.64 linear meters on Central Avenue within thirty metres of the bus terminal, In the area is the best that Boquete has to offer. Restaurants, hostels, shopping and government services.
There are stands of trees of different types. The terrain is level with the ground being very furtile volcanic black colored earth.
The lots’ appraisal value of $12,551,000. was taken from a government sanctioned inspection done on May 29, 2009 and the property is offered for an incredible discount from that appraisal for a quick sale. Boquete is in need of a number of services to support the growing populace of affluent residents, both Panamanians and ex-pats. Several possibilities are very evident as research will prove out. “Health or Medical Tourism” is a growing nitch of huge proportion in Panama. Such an enterprize will thrive as the commercial potential of this property straddling the main road close to downtown Boquete is enormous. Why? The major hospitals in Panama that cater to this nitch are doing a thriving business but mostly they are located in Panama City, a large, growing city with all the shortfalls to the “tourism” aspect that a “city” has. It`s unique and beautiful but it`s also HOT! Boquete, home to several thousands of full time resident Ex-Pats has some of the coolest weather in Panama due to its altitude. Spring like most of the time. This gives tourists the opportunity to get out of doors for a number of activities and, being the highest ratio of foreigners to Panamanians, English is widely spoken.
Many other businesses would be a fit here and with its large size, several different developments could be put in. Check this one out and compare!
Lot A (5,869.69 m2) is being offered for $290/m2 or $1,702,210.10
Lot B (41,986.46 m2) is being offered for $150/m2 or $6,297,969.00

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