| Sell Price: |
|
2000000 |
| Location: |
|
Chiriqui
Panama |
| Property Type: |
|
Farm/Ranch |
| Property Details: |
|
For sale 66+ hectacres (163+ acres) of reforested land 10 minutes minutes from one of the nicest beaches in Chiriqui. This land was reforested under ANAM which is a program that includes many benefits for the owner including tax free sale of the wood, including export of the wood. As well as citizenship priveleges. This property contains 20 hectares in Teak (Tectona Grandis) and 42 Hectacres of Caoba Africana (Khaya Sengalensis) the trees have been growing for 19 years and most are ready for harvesting. The property has been valued at $4.80 per square meter including the wood, which gives the entire property a value of nearly 3 million dollars, and will increase year after year. The property also has salt water creeks and estuaries and that can be used for shrimp, clam and fish farms, or you could create a marina as these creeks exit to the pacific ocean. This property could be utilised for eco tourist projects as well, or could be subdivided into smaller lots for housing development in this popular area near Playa Hermosa and the town of Horconcitos, which is about 45 minutes from the capitol of Chiriqui David. This area has many exciting projects nearing completion and there is a new road as of January 2009. The area has many hotels and residencial projects underway, there is electricty and water. Including several springs that provide year round water. The land is perfect for building or could be used as a long term source for high quality woods and ideally a furniture workshop could be established on the property to produce high quality tropical wood furniture for domestic and foriegn sale, there is practically an unlimited amount of Teak and Caoba on the property. We will also consider selling land subdivided into lots of 5-10 hectacre lots each for reasonable offers. Update: There are 800 trees per hectacre that equals one 19 year old tree every 4 meters. |
| Date Published: |
|
26-Oct-2009 |
| Date Updated: |
|
26-Oct-2009 |
|

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michael esterson
Contact now
Phone: 2122197000
(extension 7776)
Phone: 8456792592
Fax: 2122534320
|
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