Income Generating Business & Property
Only $310,000 neg (less than $1.30 per sq mtr)
Perhaps the best kept secret of Panama is the jewel in her crown, the agricultural and wildlife region of Chiriqui. With Chiriquí’s majestic volcanic mountain ranges around Volcan Baru as the backdrop, her trout filled mountain rivers, and beautiful scenery and beaches, will leave you with a feeling of breathlessness and enchantment.
There are so many attractions in this region but as an opportunity for businesses and land purchase, Panama, especially in her outer reaches, is still regarded in the top 3 regions of the world. Panama has financial and political stability, very low crime rates and an abundance of opportunities.
In this offer, we present an idyllic tract of land of some 24 hectares which is situated in Los Olivos on the outskirts of Chiriquí’s second largest city Puerto Armuelles. Puerto Armuelles is a city on Panama's wonderful Pacific Coast in the western province of Chiriqui right up next to Costa Rica and has deep water ports and safe moorings. Puerto Armuelles is a mere 30 minute drive from the border with Costa Rica and about an hour's drive from David the capital of Chiriqui. Google earth has been updated in 2008 showing much clear images of Puerto Armuelles. The images show from the bridge entering town all the way down the coast.
This particular and special opportunity is a full income generating business of an agricultural nature of which this year’s crop is already fully sold. The property itself is Fully Titled and properly Registered.
22 hectares are presently in production with 44,000 plantain trees.
On the other 2 hectares, there are good quality production/packing buildings and a stand of lemon trees.
In addition there is an office with 4 rooms and another separate office/house (2 rooms) currently used by the farm workers. There is a good quality Empacadoro (packing shed), Bodega and Rancho.
Upgrades on the property include: a comprehensive new irrigation system and upgraded electrical systems (for running the pumps and other large electrical equipment)
This is a fully producing farm with an existing and loyal customer base. The property perimeter is fully fenced.
The location of the property is about a 5 minute drive from the main highway that enters Puerto Armuelles and is a five minute walk to a good and clean public access beach that is very seldom used.
The Owner is open to negotiation as to selling as a complete and intact income generating business or to subdivide and sell as Lot parcels or even to be used for a Resort Development.
Rarely do these types of opportunities arise. Act now!
