Property For Sale Chiriqui,Panama

For sale by owner - Chiriqui

Property for sale

42 acres Development Project in Panama for sale or trade

$845,915 | £608,494 | €700,000
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ForSale 0 SqMt Area 0Baths 0Beds

Investors attention!

42 acres development project in Panama ready to build!

Motivated seller due to health issues. Clear property no mortgages lawsuit or depts. Sealing or trade/swap to similar value property BC Canada but can be considered other location

Panama is a very attractive market for investors worldwide
Panama: First - World Convenience at Third-World Prices. Sun and blue year-round. The stable economy, offshore zone, lower crime, and great business opportunity country.

Panama has long been considered one of the top places in the world to retire and rightly so. Thousands of contented expats already enjoy a laidback, low-cost lifestyle.

 Panama has the biggest copper mining in the world. $5.48 billion copper project in Panama, one of the largest, Cobre Panama is expected to yield 320,000 tons a year. recently was big copper mine discovered on the neighbor's property, so great potential with arranging the geological survey of the property

Details about the Property: Located on Pan-American Hwy close to 2nd largest city in Panama - David and 2 hours drive to Costa-Rica Boarder

The property bordered 4 km by Fonseca river( Fishing in Panama is the best well known worldwide)

Initially was an idea for Residential Gated Community with 22 lots,( sale by 50,000 each land only already giving 60% profit, parcel with houses 150,00-200,00 each will 75% profit)
Late the business plan was changed and included tourist attraction projects with cafe, restaurants, Spa, gas station, sports fishing, horse ride, etc.

phase 1 accomplished- Land ready to build- drilled water, electricity, road, permits and was received local permits and approvals to build local eco market

We are  living the opportunity to the new owner to decide to continue to develop existing business ideas or create a new business concept, or build as own kingdom or do the mining business

More additional information about doing business and living in Panama easy to find in the web
One of the biggest benefits of living in Panama is being able to take advantage of Panama's Pensionado program--the best program of its kind in the world.
Pensionados are entitled to 15% off hospital and doctor bills; 25% off airline tickets and restaurants; 30% off bus, boat, and train fares; and 50% off entertainment--movies, theatre, sports, and concerts--and hotel stays.
No Property tax for 20 years! Business offshore zone and much more!
For all details about property pls contact

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