Welcome to Chiriqui Coastal Real Estate
Amidst all the political and economic uncertainty in the world today, Panama is a haven of safety where you can live and invest without fear of the confiscatory taxes looming in the US and Europe to cover massive government deficits. Panama is a stable democracy and the fastest growing economy in Latin America with sound government finances.
Chiriqui Coastal is a full-service Canadian-owned real estate, property management and legal services firm with two offices in Chiriqui province, Panama. Whether you are interested in buying a home, a farm, beachfront, oceanfront real estate, commercial income property, obtaining permanent residence visas, or establishing a corporation or private foundation, Chiriqui Coastal can provide you with the best options and the best service.
- USD $ 59,990
This property is a titled beachfront lot in one of the most popular beachfront communities in Chiriqui province -- La Barqueta.
You will never see a price like this again --- $59,990 for a 1000 square meter (1/4 acre) titled beachfront lot, with electricity, water, and a paved road, 25 minutes from the city of David, where you can do all your shopping and catch a flight to the US, Canada or Europe connecting through Panana City.
These lots were selling at $120,000--$140,000 during the height of the boom before the crash in 2008. Now you can buy this property for less than half of that price.
If you want a great place to build your dream home or just a very smart investment, you need to look at this property right now, before someone else steals it.
- Barqueta Beach
- USD $ 230,000
Penthouse condo in Las Olas development directly on Playa Barqueta, with three bedrooms, two bathrooms, living/dining room, kitchen and outdoor patio on the third floor of a low-rise development. This unit is in excellent condition, comes with most of the furniture, features central airconditioning, is very quiet, and has great views of the Pacific which is right in front of your bedroom and living rooms windows.
This is a new exclusive listing with Chiriqui Coastal. The condo is well-maintained and is good value for the price. We expect it to sell quickly, so contact us right away to arrange a showing.
Playa Barqueta is a 25 minute drive from the City of David, capital of Chiriqui province, where you will find all the shopping you need, plus an airport through which you can connect to major cities on the US, Canada and Europe.
- USD $ 395,000
Incredible property in Boca Chica with great commercial potential. This is the last undeveloped plot in this commercial prime area of Boca Chica with beach and view. It is right in the middle of the hotel district. This area is zoned Tourism District which gives value and is easy to get permits. Ideal for a fishing lodge ( has possibility for a deep water dock) or an inn/hotel. Also ideal for a condo project. And of course if somebody wants, one can build its premium estate house.
The property is 4,500 m2 ( over an acre) with double the frontage on the beach than on the road. It has electricity and a good road access and a well. There is also a quaint 1000 sq ft cottage on the property, to use while building or keep for staff or rental.
This property is still in the legal format of right of possession and can be titled easily ( very easy now since the new law has declared the area a tourism district and facilitate the conversion from right of possession to property title and stimulate investment and development).
Boca Chica is the gateway to the archipelago of a great number of islands with desert white sand beaches and one of the best spot of Panama for fishing and scuba diving. Although a bit further away, the world famous Hanibal bank is within fairly easy reach from Boca Chica.
Boca Chica is developing and it is 50 minutes from Panama’s 3rd largest city. David is booming and has now its international airport. There are 2 very good private hospitals and almost everything you need for shopping and supplies. If you can’t find it in David, there are 3 daily 35 minute flights to Panama City. The new 4 lane highway is to be completed in the next 18 months.
- USD $ 354,000
Well-built and well-maintained home in Los Molinas, one of the finest gated communities in Panama. This home has 3 bedrooms, 3 bathrooms; spacious open-plan living, dining, kitchen area with cathedral ceiling; stone walls on exterior and interior; wrap around outdoor patio; air-conditioning in all principal rooms; and car-port. Furnishings can also be purchased.
Los Molinas is one of the best quality and most popular communities in the Boquete area. The climate is milder there than on the coastal plain, but warmer than Boquete, which can get very cool at night.
The location is also very convenient -- 20 minutes to David and 20 minutes to Boquete for all your shopping needs.
The market for properties in Las Molinas is very hot right now. Don't lose out on a great home in an excellent community
- USD $ 849,000
This is a 6000 square foot luxury beach villa with 4 main bedrooms, all with ensuite bathrooms. The home has travertine floors throughout, an open-concept main floor, which includes a two story great room with coffered ceiling, large dining area and well-equipped kitchen with breakfast nook. The property comes fully furnished and has a 3 car garage. Wireless internet and satellite TV have been installed. There is also a customer designed pool and poolside ranchito, as well as maid’s quarters.
The villa is 25 minutes from the city of David, where there is a regional airport and all the shopping and restaurants you will ever need, including Costco (called Pricesmart in Panama), Target (Conway here) MacDonalds, KYC, TGIF, Dominoes
If you want to live large in the tropics, and make a great investment, this luxury property -- just reduced from $1,200,000 to $849,000 – has it all. At this price, it will prove to be an excellent investment. Prices of beach properties in this area dropped after the financial crisis in 2008, but have bottomed out and are now starting to rebound. This is your chance to buy a luxury beachfront property in a well-established community at well-below replacement cost. Opportunities like this will not be around much longer.