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120 Hectares (296 Acres) of Prime Boquete Land
Location:
Boquete
Price:
$6.85/m2
Size:
120 HEC
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Description
This is an astonishing piece of land, ideal for a master-planned development project, just 22.5 km from Downtown Boquete and 3.8 km from the nearest high-end Boquete development. It's eco-system and topography is one of the best in the area which facilitates future lot developments and low constructions costs in about 75% of the total area. The views to the surrounding mountains, the river, and the ocean in the distance, combined with the topography, facilitate the segregation of lots and the preservation of magnificent views all throughout the property.
Currently, the land has an absolute right of possession, but is going through a final phase to obtain title, which should take an additional 6-10 months. This allows for private investors to capitalize about 30-35% below the present market values of comparable properties. The owner is willing to work with a refundable deposit on escrow account if title is not granted, therefore freezing the actual price.
For more information on this magnificent property, please contact us.
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