Future Resort Community And High Return Cattle Farming Op

Asking Price: $3,500,000 - $4,500,000 USD  (Negotiable - Financing Available)

This is the best land deal you will probably find this close to the city of David (10- 15 min. drive). IT WILL PAY FOR ITSELF while you develop. There is a high return cattle operation in place with over $600 K in sales per year. The farm can carry up to 5 head of cattle per Hectare.

The property is 147 Ha. and is located next to the Chiriquí river. There is also a creek that runs through it. It is only 30 minutes from Boquete, 35 minutes to the beaches of Las Lajas or Boca Chica and 2 hours to Bocas del Toro.

The land is currently used for cattle farming, so it is all green pastures and some trees. The property is on the road to Bocas del Toro, and 5 minutes from the Pan-American Hwy. It has access to electricity, Internet, phone service, good quality cell phone reception, and has a great source of underground water.

The property is so well located that it lends itself for a Resort Community type development with a "Country Club" feel. The owners are willing to sell at around $2.35 per m2 ($3.5 million negotiable for the whole property $4.5 million if financing is approved) or about $3.50 per m2 ($2.7 million) for half the property. Lots for $18 per m2 or $18 thousand per 1000 m2 lot. There is also a possibility for a partnership deal for the cattle and developing project depending on the proposal.

The property could also be developed into a Resort and Casino, with commercial spaces, water park etc. The land owners could participate depending on the proposal...

Don't miss out on this great opportunity and call Mr. Fung at the numbers provided above for a free tour of the property. Only serious inquiries please.

About This Property

Category: Lots/Land Address: Outskirts David Chiriqui 0426-00499 Panama For Sale By: Owner Construction Year: n/a Area: 147 Hectares

Bedrooms: n/a Bathrooms: n/a Sleeps: n/a Stories: n/a Parking Spaces: n/a

Features - Amenities

Pet Friendly Mountain View Phone Electricity Cell Phone

High Speed Internet Access Availability River Views And Access Creek Access 10 Min. Drive City Access 30 Min. Drive To Boquete

35 Min Drive To Local Beach Sites 40 Min. Drive To Costa Rica 2 Hour Drive To Bocas Del Toro

Contact - More Information

Wee-Mingh Fung   Phone:   507 66182251  (Cell from 9 AM to 5 PM) Your Name: Your Email: (will not be stored, we will never send you unwanted emails) Your Phone: Your Comments:

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