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Real estate in Panama is one
area of its economy that has been consistently growing the
past several years. This is relevant all around Panama. Both
coasts, the north and south, mountainous areas, and Panama
City itself. With the available property and the reasonable
costs, paired with the tropical climate and its tranquil status
throughout the world, Panama real estate will most definitely
continue to grow into the future. The Carribbean areas such
as Bocas del Toro, as well as the Panama Pacific as in Chiriqui
both continue to draw foreign investors, retirees, and travelers
to this beautiful country.
Chiriqui is located on the Panama Pacific side, in the extreme
southwestern point of the country. It borders Bocas in the
north, Veraguas in the east, Costa Rica in the west, and,
of course, the majestic Pacific Ocean to its south. It is
a very geographically diverse area that includes volcanic
areas, mountainous regions, and the coast. With the presence
of the native Indians in this area, Chiriqui Panama has a
unique cultural flair. Its convenient location on the Panama
Pacific makes potential investors and buyers smile. There
is a multitude of nearby areas making travel and exploration
convenient and easy. Just a few of these easily visited areas
include Boquete, Caldera,
Cerro Punta, among others. Potential buyers and investors
also are discovering these areas.
Boquete real estate is one of the many reasons Panama
real estate is flourishing today.
Real estate in Chiriqui, Panama has certain qualities hard
to find elsewhere. Given its unique geography, it is often
easy to see a Caribbean sunrise, and a Panama Pacific sunset
in the same day. Affordable public transportation, and the
size of the country make traveling around the country very
doable.
Some of the real estate companies that can be utilized to
find property in the Panama Pacific are Chiriqui Real Estate
– where you can find lots, small and large homes, farms,
and the only pacific coastal housing development. Another
option would be Panama Realtors where you could find anything
from oceanfront properties, homes for rent, apartments, to
resort properties. Some of the areas developed in Chiriqui
are Casco Viejo located quite near the Panama Pacific. Other
areas one can find beach properties are the towns of El Valle
or San Carlos. Lots can start around $50,000 USD, whereas
prices for fully constructed homes can climb all the way into
the millions. For example a lot with an ocean and mountain
view in an underdeveloped area may cost $55,000 USD; a price
considered reasonable by United States’ or European
standards. But a fully developed luxury home with a similar
view may cost $1.5 million. The price difference from one
area to another makes investors jump on Panamanian real estate
opportunities, due to the probable massive jump in the value
of these lands in the future.
For more information about real estate or tours to Panama
locations please contact
us, or view our available Panama
property listings.
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