Main Listings Development Lands

Development Lands

  • 54_P1000103.JPG104 Hectare Ocean View Development Property -- Torio

    Agent
    Allen Rosen
    Veraguas
    Price
    USD $ 1,560,000

    If you are looking for an excellent long-term development property at a very attractive price, you won't do any better than this 104 hectare (260 acre) property, currently used as cattle farm, with remarkable ocean views, capable of being subdivided into a large number of residential lots, each with its own view of the Pacific.

    The Torio area is one of the emerging development regions of Panama, notable for its spectacular ocean views from hills sloping gently toward the Pacific. This property is separated from the ocean by a good paved road leading to the provincial capital Santiago, about 1 hour away. There are excellent public beaches nearby.

    Torio already has four residential developments which have started selling ocean view lots.  Two other large parcels of land have been purchased for development by foreign owners.

    This is a good opportunity to get into an area of Panama where prices are still low, but which is likely to see considerable development and price appreciation over the next 3-5 years.

    We rate this property as one of the smartest and best development opportunites in Panama.

    Priced at $1.50 per square meter, the property is a fraction of the cost of similar properties in other comparable areas such as Boca Chica or Pedasi, but we believe the Torio region will develop steadily and currently offers some of the best medium to long-term development opportunites in Panama.

  • 4_DSC00528.JPG43 Hectares Dolega

    Agent
    Allen Rosen
    Dolega
    Chiriqui
    Price
    USD $ 1,720,000

    43 hectare titled development parcel near David. Unique property consisting mostly of flat, easily buildable land, with several hectares of extremely beautiful river valley, including large amounts of river frontage and three waterfalls. 10 minutes to David for shopping, medical care, and restaurants. Vendor is asking $4 per meter, but price is  negotiable.  This would be a good location for a sizeable development. Many retirees are concerned about quick access to medical care and proximity to stores for shopping, without a long drive. This property answers such needs and would therefore have a strong appeal to a large segment of potential local and foreign home buyers. In our view, this is the best development property near David.

  • 39_PICT0710.JPGAlanje -- 5.5 Hectares

    Agent
    Allen Rosen
    Akanje
    Chiriqui
    Price
    USD $ 220,000

    This is a 5.5 hectare (13.75 acre) titled parcel of flat land in the town of Alanje, perfect for a small residential development of 20-30 homes, with electricity, minicipal water, telephone lines, and asphalt road. Fifteen minutes away is Barqueta beach, one of the longest and most popular in Chiriqui. David, the capital of Chiriqui province, and the best place for major shoppping trips, is 20 minutes away along excellent roads.

    Alanje is one of the oldest towns in Panama, with a history going back over 500 years to the early Spanish explorers. It is also one of the prettiest and most appealing in Panama -- clean and well-kept, reflecting residents´ pride in their historic birth-place.  There is an attractive central square, along with lots of small stores and restaurants.