Overview
Description
This 1.5-hectare (15,056.53 sqm) lot for sale in La Estrella de Bugaba, Chiriquí, offers an excellent opportunity for investment, whether you’re interested in teak tree cultivation or developing a property with long-term potential. Located just 4.9 kilometers (about 5 minutes by car) from Concepción, the lot fronts the Interamericana highway and borders the Escarrea River, with approximately 200 meters of river frontage, providing scenic views of the river. The lot is mostly flat, with a gentle slope in one area, making it ideal for various types of development. A key feature of the property is the 330 teak trees already planted, which offer substantial growth potential and could provide significant future returns, especially for those focused on sustainable timber production. Additionally, the upper portion of the lot is flat, with tracks that provide access to the lower flat area.
Additional Details
- Possession: inmediata
Properties Common Note
"All our properties come with the option to obtain legal residency in Panama through our main law firm, Expat-Tations, as an integrated service.
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