Agent: Allen Rosen
Company: Chiriqui Coastal Real Estate
Price: USD $ 1,800,000

Working dairy farm with 62 hectares (155 acres) near Potrerios in Chiriqui province. The property comes with an owner's home and out-buildings.  The asking price for the land and buildings is $1,800,000.

The owner will sell the dairy cattle, all farm equipment, including tractors and milking machines, plus contracts and licenses to sell Grade "A" milk to a local dairy, for an additional $200,000. This is a turnkey operation. At full capacity, the farm operates with 120 dairy cattle. The owner plans to retire soon, however, and currently has 63 milk cows on the farm.

Panama has a shortage of domestically produced dairy products. 50% of all milk sold in the country is imported, and the government has several programs to encourage dairy production, including low interest loans to buy cattle. Milk prices are good. This is a profitable business in Panama. 

The farm is also extremely attractive, with outstanding ocean and mountain views. Since the property is not only a working dairy farm, but is also very beautiful, an enterprising buyer could combine a working farm with a development project selling lots or hobby farms within the larger property.

The climate in this area is also very pleasant, cooler than the coastal plain, but warmer than highland areas such as Boquete or Volcan.

The property is a few hundred meters from an excellent newly paved road, and 30 minutes from the city of David, where there is an airport and plenty of stores selling everything you need.