One of the three best, most popular restaurants in the city of David is for sale. How do I know? Because I live in David and I know all the good restaurants -- all the bad ones, too. I eat at this restaurant often, so I can personally vouch for the fact that the food is excellent and it does good business.

The restaurant specializes in pizza, pasta and steaks. The pepperoni pizza with roquefort is to die for. The imported argentine steaks are the best in town.

The Argentine owner has figured out what people want and he gives it to them -- good food, not too fancy, with prompt, friendly service, at reasonable prices. Not rocket science, but you would be amazed at how few restaurant owners have grasped this basic reality of the food service business, especially in Panama.

The restaurant seats approximately 150 people and comes fully furnished and equipped with 2 pizza ovens, commericial gas barbecue, gas grill, 10 burner gas stove, refrigerators and everything else required for a turn-key operation. Gross revenues average $250,000-$300,000 per year, with net income of roughly $60,000-$70,000. There are two years left on the lease, currently $1000 per month, and the landlord is willing to extend the lease for 3 more years.

If you are interested in opening a restaurant in Panama, you could probably start from scratch with an investment of maybe $100,000--$150,000 for a restaurant of this size. But the vast majority of all new restaurants fail in the first two years. I have seen plenty open and close within a year or two in David.

Or, for roughly the same investment, you can buy this very successful restaurant which has been in business 5 years with an excellent reputation, strong revenues, and a proven track record.

It is hard to understand why anyone would want to open a new restaurant, with a high risk of failure, and all the headaches of getting started in a new business, when you could buy an existing one like this with a successful business formula, a proven track record, and strong revenues, for the same amount of money.

The owner is in his 60s and no longer has the energy to run a business that is open 6 days a week for long hours. He wants to retire, but will stay on with a new owner for a 3-4 month training and transition period.

Large 3/4 acre beachfront lot in a gated community near Boca Chica on the Pacific coast of Chiriqui province, Panama. This property has a beautiful beach as well as a large building area with mature shade trees. The gated community is first-class, with good services, low fees, and excellent, friendly neighbors.

Las Lajas beach is one of the longest and best light sand beaches in Panama. This is an opportunity to buy two lots a few minutes walk from this gorgeous beach.

One lot is 1000 sq. meters (half acre), priced at $40,000. The other is 1500 sq. meters, priced at $72,000. Both are titled and have electricity and water wells. Internet is available. Each lot can be purchased separately.

Lots directly on the beach at Las Lajas are priced at $100 per sq. meter. You save 60% by being a couple of blocks from the beach.

For under $100,000 you could buy the smaller of these lots and build a nice beach-house, instead of paying $500,000 for a lot and house in the nearby residential development.

If you want to be close to the beach, without spending lots of money, this is an option you need to consider.

Three hectare (7.5 acres) titled property with a 100 foot waterfall, located just outside of the town of Volcan in Chiriqui province. The very high waterfall is what makes this property special, unlike anything else you will find in Panama. The views facing other directions are also outstanding.

The owners have spent two years landscaping the property with thousands of shrubs and flowers. It would be suitable for a number of purposes: a small high-end resort hotel; a family estate; or a small, exclusive development of 3-4 detached homes or 6-8 townhouses.

Great coffee farm in a spectacular natural setting. This is a 68 hectare (170 acre) titled coffee farm in the western highlands of Panama near Volcan. There are currently 24 hectares (60 acres) of mature coffee plants draped on fertile hillsides, shaded by tall pines. The remainder of the farm is used for cattle grazing, although much of it could also be planted with coffee.

The coffee is high-quality, export-grade that fetches a good price on the wholesale market.

This is a profitable business with excellent potential, particularly for a buyer who has the marketing acumen to sell directly to coffee companies in North America or Europe.

Some of the best and most expensive coffees in the world now come from Panama -- for example, Geisha from another highland farm in Chiriqui province, which most recently sold for $170 per pound on the wholesale market, the highest price in the world, giving highland Panamanian coffees extra cache on the world market.

Along with the coffee, what makes this farm very special is the beauty of the property and surrounding region, plus the river that borders the property on one side, and the stunning landscaping of the area around the main house -- manicured lawns, ponds with waterfalls, and a mature pine forest.

This is a unique property.

The owners have operated the farm for decades but are now elderly and are no longer able to run the farm on a day-to-day basis. Their children have grown up and moved to Panama City to pursue different careers. Since their children do not want to continue in the coffee business, the owners are forced to sell the property.

If you are interested in buying a coffee plantation, you owe it to yourself to look at this spectacular property, which is located 5 miles from the town of Volcan, and about 1 hour from the provincial capital David, where there is an airport with international connections and all the shopping you will ever need.