I have watched this project grow, albeit at a slower pace but with the new highway from Boquete to David, this project will do well and attract both foreign as well as Panamanian buyers who want to be closer to a warmer climate and can be in David in 15 minutes when the road is finished this year.

With an investment of nearly $14 million, the company Canion Properties Corporation is to build two new stages of its project Hacienda Los Molinos in Boquete.

“But this is not the only mountain residential project being developed in the country, in fact, in Boquete foreign investor Sam Taliaferro developed the Valle Escondido Resort, Golf & Spa project, a resort style residential community in the highlands of Panama, whose main attractions are its location, climate, and topography, but this project is targeting international buyers,” noted an article in Capital.com.pa