Panama Advisory International Group

Is pleased to announce that we have been retained by the shareholders of this property on an exclusive basis

This fully titled property consists of 509 hectares or approximately 1,250 acres in several large tracts.The property has numerous streams providing a constant supply of good water and there is canyon frontage on a major river with a huge waterfall. There is a section of the land that has three sources of water that could power a 10 MW hydro facility.It has cross fenced pasture land that cover around 400 hectares that is in cattle and there are some old forest lands and mature pine that could be sold for timber. The property has spectacular mountain views and of the Pacific Ocean. Located in the Chiriqui province of Panama, Boquete has been written up in newspapers around the world as one of the top places in the world to retire.It’s eternal spring weather, jagged peaks, rivers, waterfalls proximity to excellent shopping and healthcare has made this a perfect place to live.There are two major projects nearby including Lucero. Lucero offers resort style living at its best.Lucero has the only 18-hole Championship Golf Course in the Province of Chiriqui.Estate residences enjoy views to the spectacular Baru Volcano, the jagged peaks of the Talamanca Mountains, the Pacific Ocean and islands and the towering Jaramillo Mountain to the north.An adjoining tract of 700 hectares known as Las Huacas has sold again in less than 2 years that has an improved roadway that leads into the subject property.A 130 hectares parcel was subdivided for the original Las Huacas finca and sold for $3.75 per square meter.  This adjoins the subject property.   Asking $6,000,000 or $1.17 per square meter.

Boquete

The Property

Has multiple sources of water and more…

The Location

The property is located just 15 minutes from Boquete town.  We turn off the main highway and head east towards Lucero formerly known as Cielo Paraiso.

We start the video tour by driving to the Rotunda at the end of the Las Huacas project and down to the 509 hectares

Driving to the Rotunda

At the Rotunda, I pan from East to West (left to right)

We continue down to the entrance to the property.

Here we enter the property and travel through about 30 hectares of pine forest and secondary forest down to his pastures. The pine timber is ready to harvest and be used for construction material.

Here I am panning North to South over some of the lower and upper pasture that is a small fraction of the property. Lucero is in the distance in the beginning of the video.

Here is another shot of his upper pasture and looking back to El Penon where we entered the property and back North again.