Panama ~ Chiriqui province ~ Lots from US $27,744


This property is located in the province of Chiriqui, just outside Rovira Arriba, a tiny mountain village about 25 minutes from Boquete (to the North) and the larger city of David to the south. 

The development is at an elevation of approx. 2,000 feet.  High enough to be quite a bit cooler than the hotter temperatures found at sea level.  The beaches of the Pacific are less than an hour away and the Caribbean beaches are about 3 hours.  The border with Costa Rica is approx. 1 hour away.

The development offers stunning mountain vistas, hundreds of mature trees, an orange grove with 400+ trees, two streams that meander across the property and the Rio David runs along part of the North Boundary.  There will be walking paths, riding trails, acres and acres of green space and the developers are preserving a jungle area down by the Rio David creating the developments own rain forest which will have hiking trails & sitting areas from which to enjoy the natural beauty.

The development offers:

  • Stunning mountain vistas,
  • Hundreds of mature trees,
  • Orange grove with 400+ trees,
  • 2 streams that meander across the property
  • Rio David runs along part of the North Boundary.
  • Walking paths
  • Riding trails
  • Acres and acres of green space
  • Rain Forest down by the Rio David which will have hiking trails & sitting areas from which to enjoy the natural beauty.

The Orange grove will be the location of the outdoor barbecue areas, benches and a gazebo – it will provide a great location to gather to entertain, meet fellow residents and have a picnic.

There are plans for green houses to grow hydroponic tomates, lettuce & other vegetables that will be available to the residents of the project

Segregated green area, surrounded by rock walls, where you can graze your horses;  fabulous location  to go riding, hiking and enjoying nature’s splendour.

Phase I of the infrastructure is close to completion; Phase II of the infrastructure is scheduled for completion in the Spring of 2010.

Lot prices vary depending on size, location and view.  Prices start at US$27,744(.36 acre) to US $132,319 (1.45 acres).

It is possible to buy a lot purely for investment.

If you wish to build the developer has a couple of contractors that they can recommend.  Building will commence in the Spring of 2010.

Construction of an average size home (2000 sq.ft) will take 6 – 8 months & the price of the home will be approx. US$55 ~ US$75 per sq.ft. depending on finishings, style, etc. in addition to the cost of the lot.

Information taken from sources believed reliable but not guaranteed

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