Riverfront Acreage for Sale in Boquete/Caldera, Chiriqui, Panama
Triple Your Investment - 20 Hectares Priced Below Market
Features: great views, pretty trees, year-round quebrada (creek) that tumbles into Panama's second largest river, waterfalls, abundant bird-life, easy access, moderate temperatures.
Located 1.5 miles past Caldera, this gem of a location is quickly attracting saavy expats who recognize a great opportunity for fine living when they see it.
This parcel is ideally suited for a small development which could feature acreage lots and a river park for residents. See the map below for an idea on how the property could be subdivided.
Raw land (without live water) in this area is selling for $3 to $5 per square meter. This property is being offered at only $3 per square meter ($600,000 total), subject to survey. Investors could simply flip the land for a modest profit, or subdivide and potentially triple their investment (or more).
An adjoining 26 hectares with multiple improvements (internal roads, custom home with tax exemption, party pavilion, etc) is also available. Asking $994,500.
About This Property
Category
Other Properties
Sold by
Owner
Address
Boquete/Caldera
Chiriqui
Panama
Chiriqui
Panama
Area
20 Hectares
Features - Amenities
- Mountain View
- Riverfront