New

Large Development Site in Bajo Boquete

$3,926,254

Description

An exceptional large-scale development opportunity in Bajo Boquete. Development sites of this size, with mostly level topography and located just minutes from downtown Bajo Boquete, have become increasingly rare. Spanning 19,631.27 m², this exceptional property offers the scale, location, and development flexibility sought by investors looking to create a landmark residential, hospitality, or mixed-use project in one of Panama's most desirable mountain destinations. Featuring R2C2 zoning and a maximum permitted building height of 15 meters (49 ft.), the property is well suited for apartment buildings, luxury villas, boutique cabin communities, hospitality concepts, or upscale mixed-use developments, offering outstanding versatility for a wide range of investment strategies. Its strategic location provides convenient access to downtown Boquete, restaurants, cafés, shopping, and essential services while preserving the peaceful surroundings and mountain lifestyle that continue to attract residents, retirees, and visitors from around the world. As the supply of large development parcels within Bajo Boquete continues to diminish, this property represents one of the area's most compelling opportunities for a signature project with exceptional long-term appreciation potential. Property Highlights: • Land area: 19,631.27 m² (211,310 sq. ft.) • R2C2 zoning • Building height allowance up to 15 meters (49 ft.) • Mostly level topography • Excellent frontage with access via a short stone road from the main road • Ideal for residential, hospitality, or mixed-use development • Prime location in Bajo Boquete, just minutes from downtown • Close to restaurants, shopping, and essential services • One of the few remaining development parcels of this scale in the area • Exceptional long-term investment and appreciation potential
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Engel & Völkers

Your advisor: Yemile Suarez

Property ID: AM-5529057

Property details
  • Object type

    Land

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