A Major (12.6 acre) Development Property In Downtown Boquete, Panama! (MD1584771)
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This property, named the Fundacion Hermanos Landau Del Cid or The Landau Del Cid Brothers Foundation, free and clear property without leins or encumberences and held by the same area pioneering family for a hundred years or more. The property is located at the southern portion of Downtown Boquete in the province of Chiriqui, directly on Central Avenue coming from David. This Avenue is the extention of the 4 lane (being completed as of this writing) Highway from the provencial capital of David. Boquete is (and has been for a number of years) considered one of the top retirement destinations in the world. The Boquete/David Highway (in Boquete named Central Ave) separates the two properties and the Domingo Médica (the Downtown) Park is located another 1000mts to the town center. Heading into Boquete, Lot A with 5869.69m2 is located to the left of the Highway and the larger Lot B with 4 hectares + 1986.46m2 on the right side of the Highway. Historically the farm was joined but with the construction of Central Ave leading into Boquete, was divided into two parts, both are titled and recorded. The two lots boundry on the sides with asphalt roads. The central road is the David/Boquete Highway or Central Avenue. At the left side of Lot A is the Espinoza Property (Finca 2165) and Avenue "A West" and at the right side of lot B is Via Porras. Both lots have perimeters of about 75% paved streets and 25% mostly unnamed unpaved roads and drives. Lot A has frontage on Central Ave. with 118.89 linear meters. At street level there is natural drain gradient towards this side of the property. Lot B is 187.64 linear meters on Central Ave. within 30 mts of the bus terminal, the Municipal Gym and a Gas Station. Natural drainage of Lot B is into several small creeks. In the area can be found Hostels, restaurants and other businesses and a further 600mts the offices of government public services. Those services include IDAAN (water delivery), Edemet Edechi (Electricity), Cable and Wireless (Telephone System) and additional paved streets with businesses.Throughout this area some small creeks help to drain the land.There are stands of trees of different types. The terrain is level with the ground being very furtile volcanic black colored earth. The lots are valued at a price resulting from an inspection and valuation apprasial with the work performed by The Corporacion de Avaluos Y Bienes, Engineer Luis Ricardo Guerra M. on 29 May, 2009 and is offered at that valuation. Boquete is in need of a number of services to support the high economic level population including many foreign to Panama expatriat permanent residents numbering several thousand. A local hospital is one outstanding critical need. A major, luxury hotel would also fit well here. Offices and shops are also in very high demand. Lot A 5869.69m2 = $2,054,391.50 Lot B 41986.46m2 = $10,496,615.00 TOTAL = $12,551,006.50
This property is located in: Bajo Boquete, Boquete (Chiriqui, Panama).
For more details about this listing please click here to access the webpage provided by listing owner.
Neighborhood
Tourism 9 landmarks in the vicinity
Food and Drinks 5 landmarks in the vicinity
Transportation 3 landmarks in the vicinity
Shops and Stores 3 landmarks in the vicinity
Natural Landmarks 1 landmarks in the vicinity
Leisure 1 landmarks in the vicinity
Learning 1 landmarks in the vicinity
Religious 1 landmarks in the vicinity
Tourism
Shops and Stores
Food and Drinks
Transportation
Natural Landmarks
Leisure
Learning
Religious
Hostel
Hotel
Viewpoint
Other
Shop
Cafe
Restaurant
Car Rental
Fuel
Other
Sports Centre
Library
Church
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Tourism
The Haven Hotel ~ 0,375 km
Stone Cabins Boquete... Hotel ~ 0,499 km
Mirador de Alto Boqu... Viewpoint ~ 0,680 km
Hostal Bora Bora Hostel ~ 0,684 km
Hotel Fundadores Hotel ~ 0,807 km
Pension Topas Hostel ~ 0,879 km
Apartamentos Colibri... Hostel ~ 0,886 km
Hostal Gaia Hostel ~ 0,920 km
Hostal Beiro Hostel ~ 0,961 km
Food and Drinks
Pizzería y Ristoran... Restaurant ~ 0,514 km
La Casona Mexicana Restaurant ~ 0,550 km
Kotowa Coffee House Cafe ~ 0,788 km
Mike's Global Br... Restaurant ~ 0,914 km
Antojitos Mexicanos Restaurant ~ 0,988 km
Transportation
- Fuel ~ 0,323 km
Boquete Visitor Cent... Car Rental ~ 0,610 km
Hilary Rent-A-Car Car Rental ~ 0,629 km
Shops and Stores
Licoreria Tomy Other ~ 0,314 km
Lavamatico Super Cle... Shop ~ 0,748 km
Sugar & Spice Other ~ 0,920 km
Natural Landmarks
- Other ~ 0,338 km
Leisure
Gimnasio El Cacho Sports Centre ~ 0,347 km
Learning
Biblioteca de Boquet... Library ~ 0,672 km
Religious
Boquete Bible Fellow... Church ~ 0,731 km
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Banner Panama Realty (Real Estate Agent) from Panama
About Banner Panama Realty
We have over 250 listings all over Chiriqui Province (and selected listings through-out Panama) with an emphasis on the greater Boca Chica area where our office is located. We provide a complete package of real estate services to foreign buyers of property in Panama. Buying property in any foreign country, including Panama, can be a complex and sometimes frustrating process, with numerous pitfalls for the unwary. We understand the complexities of real estate in Panama and will ensure that the entire process is as pleasant and worry-free as possible for you. • Real Estate Services. • Bank Escrow Services. • Property Purchase / Sale. • Title Investigation
and Title Insurance
• Project Development
o Project Management. o Accounting
o Attorney Referrals. o Accountant Referrals
o Architect Referrals. o Contractor Referrals. o Bank Introductions
and Account Assistance