2.75 hectare Development Property in Excellent Location Near David - Land for Development, Real Estate - David, Chiriqui, Panama

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2.75 hectare Development Property in Excellent Location Near David
Date & Time Listed: 2013-12-17 20:27:24 (GMT)

Posted in Categories: Real Estate, Land for Development
Posted From: Panama, Chiriqui, David

Ad Details:

San Pablo just a few years ago was just another pretty rural area just ten minutes from David. However, with its paved highway that connects it to the Interamerican and the Boquete highway, the dynamic has changed and the San Pablo/San Carlitos is seeing increasing numbers of Chiricanos returning home from Panama City looking for a better life for themselves and their families as they are tired of the traffic congestion, crime and high cost of living in the capital .
New housing developments have begun and more are in the planning stages. Foreigners as well are finding the area to their liking with its proximity to David and Boquete, its cooler climate and its natural surroundings. And there is plenty of room for more housing developments without compromising the country feel of San Pablo.
The owner owns five and a half hectares (thirteen and a half acres) right on the San Pablo highway. The land has always been used for grazing purposes but the owner is interested in developing the land and creating a residential area and take advantage of the growing interest in residing there.
Electricity is at the property and there is an excellent and very steady supply of potable water from the aqueduct. The Majagua River borders the property.
The owner’s preference is to sell half (2.75 hectares) with corresponding highway frontage or enter into a joint venture with a like-minded partner and develop the property now before land values take off more than they already have. He will consider selling the entire property for $350,000.
This translates into $6.35/m2, a very reasonable price given the upward movement of selling prices recently.
Price: 175,000.00 USD

For more details about this listing please click here to access the webpage provided by listing owner.

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Posted in Categories: Real Estate, Land for Development Posted From: Panama, Chiriqui, David

Posted in Categories: Real Estate, Land for Development
Posted From: Panama, Chiriqui, David