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 $ 899,000
There are bigger houses, and some with more marble floors and counters, but there is not a more tasteful, well-designed or beautifully furnished home in the whole of Panama than this lovely property set in a tranquil, secluded area of one of the most exclusive gated communities in Boquete.
Hidden away in a quiet side street, only a few minutes walk from the stores and restaurants of downtown Boquete, this three bedroom, 3 bathroom home, has exquisite gardens in the front and back, with a creek running through the property. All of the principal rooms are spacious and open, especially the master bedroom, living and dining rooms and kitchen.
The house is being sold with most of the furniture included and with an extra lot adjacent to the property with the main house at an addtional $165,000. The extra lot would be a perfect place to build a build a guest house.
- USD $ 1,350,000
Plaza Pacifica consists of two recently renovated commercial buildings in the city of David constructed 14 years ago. The first building contains 6 retail/office units on the ground floor and 12 office units on the second floor, with approximaely 10,000 square feet (930 square meters) on each floor, plus parking for 20 cars. The second building is a warehouse of approximately 7000 square feet (650 square meters) containing two separate units -- one is a auto mechanic's shop, the other is a nightclub/disco.
The buildings are in a busy, high-traffic area of David and are 100% occupied. Gross annual rents are $143,160 and expenses (water, garbage disposal, insurance, realty taxes, cleaning and maintenance) average $10,285 per annum (realty taxes are low because the building still benefit from a partial 20 year tax exemption for new construction).
Net income is $132,875. The sale price of $1,350,000 is well below current replacement cost and yields a net return of almost 10% per annum.
Full financial disclosure will be provided to serious potential buyers after they have inspected the buildings and met with representatives of the owners.
Financing is also available at 7% for qualified purchasers with a downpayment of $600,000, which will yield a 12.4% ROI.
- USD $ 224,900
*Click here for slide show of property*
Act quickly and save $50,000 today.New price -- just reduced from $274,900 to $224,900.
Financing available with $60,000 down.This new ocean-view home in Boca Chica was designed by an award-winning Canadian architect with 15 years experience building custom homes in Panama, Nicaragua and Honduras. The home has 2120 square feet of living space, including exterior patios; 2 large bedrooms; 2 and 1/2 bathrooms; kitchen with granite counters, refrigerator and built in stove and oven; open-concept living/dining area with cathedral ceiling; laundry room with washer and dryer; infinity-edge plunge pool; air-conditioning; covered patios in front of each bedroom and the lving room, plus a car port.
This is a gorgeous, high-quality home, built with the best materials, including a clay tile roof, custom woodwork throughout and new appliances. The lot is over one half acre (2,500 square meters), with outstanding views of a Pacific estuary.
The owner of this home will be eligible for a 20 year tax exemption -- no realty taxes will be paid for 20 years.The Boca Chica area is very scenic, with wonderful views of the Pacific ocean and inland mountains. It is close to beaches, marinas, small luxury resorts, the Gulf of Chiriqui marine national park, and less than 1 hour to the city of David (the capital of Chiriqui province) where there is a regional airport with frequent connections to North America and Europe via Panama City.
For fishing enthusiasts, the Boca Chica area offers easy access to some of the best sport fishing grounds in the world, including the Hannibal Bank and Coiba island, where yellowfin, black marlin and many other species are plentiful.
There is a charge of $50 per month, payable once a year, for maintenaince of interior roads, water system and electrical lines.
- USD $ 4,500,000
- There are properties that appeal to you, and then then are properties you dream about, ones that keep you awake at night. This is one such property, or rather three. You only need to look at the photographs to see that this group of three rare tropical islands presents a once-in-a-lifetime opportunity.Situated in the Gulf of Chiriqui, Panama, the main island has several beaches, including two perfect for swimming, along with three excellent locations for boat docks and marinas where you can park your yacht in a calm bay protected from the open ocean by the two smaller islands.
The interior of the largest island is covered with pristine tropical forest. Enormous vines hang from the canopy top and snake along the forest floor. Yet the woods are remarkably free of undergrowth, making them perfect for walking paths throughout the lenght and breadth of the island. The smaller islands are also forested and offer breathtaking building sites, as of course does the main island.
The islands have never been inhabited -- apart, perhaps, from Captain Morgan and his crew of privateers who long ago cruised the Gulf of Chiriqui in search of Spanish plunder.Totalling 20.6 hectares (51.5 acres), the group conists of the principal island having16 hectares (40 acres), together with one 3.3 hectare (8.25 acres) island and another with 1.3 hectares (3.25 acres)
All three islands are titled.Come and build your dream home on these very real phantasy islands.
- USD $ 499,000
Fully furnished and equiped five bedroom beach house with five bathrooms, large kitchen with breafast area, dining room, living room, maid quarters, laundry room, lage walk-in closets with a huge amount of storage space, two car garage, full-size pool with ranchito, and much more, all on a 1000 square meter titled lot on Barqueta Beach in Chiriqui province, thirty minutes from the city of David and the regional airport.
Did I mention that this beach house is fully furnished? And did I mention that the price -- just reduced by $100,000 -- is incredible for a home of this quality on titled beachfront? Whether you are looking for a retirement home or an investment property, or both, you owe it to yourself to see this outstanding home at a remarkable price.