WhatsApp/Cell (+507) 6049-7736 — US/Canada (949) 630-9427 — info@origenrealestate.com — Lic. : PJ-0881-2011
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TB299 - RIVERFRONT PROPERTY WITH GREAT POTENTIAL

Description

A 1.5-hectare property featuring mature teak trees, river frontage, and location along the Pan-American Highway is available for purchase. The property contains approximately 330 teak trees, each at least 50 years old, which are suitable for harvesting and may have a total estimated value of up to $25,000. Two sides of the property have river frontage measuring 335 meters. The land consists of two flat sections with an approximate elevation difference of 60 feet.

The property is in the Western province of Chiriqui, 5 kilometers from La Concepcion, 25 minutes from the Costa Rican border, and 30 minutes from David and its international airport. All standard services are available. The land is zoned for commercial or residential use and may be used for farming, eco-lodging, or future development. The investment meets requirements for Panamanian residency through sustainable forestry investment. Owner financing is available.

POSSIBLE USES FOR THE PROPERTY

  • Following the harvesting of teak trees, replanting efforts may be undertaken to establish a new generation of trees.
  • Furthermore, following the harvest, the nutrient-rich soil, enriched by five decades of teak leaf deposits, allows for vegetable cultivation up to three or four times annually for commercial purposes. Portions or the entirety of the property may also be converted into an orchard producing a diverse range of fruit.
  • Due to its scenic qualities and strategic location, this property has potential for inclusion in Panama’s tourism sector. The development of cabins in this area could address an existing market gap, providing accommodations currently unavailable in the region.
  • A six-bedroom residence situated on the highest level overlooking the river presents an excellent opportunity for development and operation as a bed and breakfast establishment.
  • One innovative proposal involves developing an amusement park that leverages the site's natural elevation. This could include the installation of slides leading to the river, a mini golf course positioned on the upper level, and a playground situated near the waterfront. Additionally, the property benefits from four existing natural swimming pools along the river boundary.
  • A more modest investment might be a restaurant on the upper elevation, with the possibility of adding some type of recreational facility on the lower level.

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Listing Id :  TB299
Fence :  Yes

 Location

  Terry Bradford-Gugel, Owner

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