This property consists of 20 hectares (50) acres) of land near Boca Chica, in Chiriqui Province, Panama. 15 hectares are titled flat land suitable for agriculture or development. The other 5 hectares (12.5 acres) are held by Right of Possession and border a navigable estuary that opens into the Pacific a few miles away near the town of Boca Chica.

There are at least a dozen excellent building sites along the estuary that provide outstanding views of the ocean and the mountains inland.

At $2.50 per square meter, this property is very well-priced. Comparable land, somewhat closer to Boca Chica, sells for $7-$12 per meter.

The recent passage of Law 459 means that coastal Right of Possession properties such as this are now eligible for titling at a marginal cost of $50 per hectare.

This is an exceptional property. Make an offer.