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5 Ha. For Sale, For Home Development $150K ($3 /m2)

Asking Price: $150,000 USD  (Financing Available)

Take the opportunity to buy property 15 min. away from David to develop homes for the local market. Right now business in David is growing very rapidly. Also, the employment level has increased, therefore there is a growing demand for homes that are around $35 thousand. Additionally, demand is increasing because for these types of homes, there are several incentives given to home buyers: tax exemption for 20-years, 2% annual loan interest, $5 thousand subsidy given by the government to the buyer, up to 30-years to pay.

We own the land and we will be offering only three - 5 Hectares lots (12.35 Acres) at this price of: $3 per m2 or $150 thousand per 5 Ha. lot. The whole project will be master planned and after the first home is sold the selling price to prospect buyers will be around $25/m2. If you wanted to invest your money into "land banking" or into a development project this is your chance.

The land has direct access to main road to Bocas, but is only 2 minutes away from the intersection with Pan-American Highway. It also has direct access to electricity, good cell phone reception, good underground water.

Buy to develop or buy to live close to David, or both. Don't miss the opportunity. Contact us now.

For inquiries Call Mr. Fung at 507-6983-8183 or email at

About This Property

Category: Lots/Land Address: David Chiriquí Panama For Sale By: Owner Construction Year: n/a Area: 5 Hectares

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

Features - Amenities

Mountain View

Property 15 Min. Drive From David.

Buy At $3/m2 And After Developed See You Property Appreciate In Value To $25/m2

Pictures  (click to view a larger image)

Contact - More Information

Wee-Mingh Fung   Phone:   507 6983-8183  (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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