Boca Chica, Beaches Near Panama City, Chiriqui

This property includes 12 segregated titled lots, additional land parcels, existing infrastructure, and a completed home, creating a foundation for a small residential or hospitality development in the coastal area of Boca Chica.

The land totals approximately 2.6 hectares (26,613 m²) and has already been partially prepared for construction.

Land Distribution

• 12 titled lots: 14,926 m²

• 4 additional land parcels: 11,687.18 m²

• Total land area: 26,613 m²

Much of the groundwork that developers typically need to complete has already been addressed. The property includes internal roads, electricity infrastructure, and a large water system consisting of a well, pump, and storage tanks designed to serve up to 15 homes.

In addition, 12 building platforms have already been prepared, significantly reducing the amount of site work required before construction can begin.

All 12 platforms enjoy great views.

Ridge Lots with 360° Views

At the highest point of the property are two larger ridge-top lots that stand out within the project.

These lots measure:

• 1,203 m²

• 1,467 m²

Together totaling 2,670 m², they feature relatively flat terrain and wide 360-degree views.

Because of their size and position, these two lots are well suited for a main hospitality building, owner’s residence, or one or two larger homes positioned to take advantage of the elevation and views.

The remaining building platforms are generally smaller, making them well suited for vacation homes rather than large full-time residences, which aligns with the type of rental demand currently seen in the Boca Chica area.

Existing Home

Existing Home on the Property

The property includes an existing two-bedroom home with a total construction size of 91.84 sqm, consisting of 67.24 sqm of interior construction and a 24.60 sqm terrace.

While the main value of this property is in the land itself and its development potential, the existing home adds useful flexibility from the beginning. It can serve as a temporary residence for the owner, a caretaker’s home, or a practical base during the planning and construction stages.

Depending on the direction of the project, the home could also later function as a manager’s residence or as a rental unit.

Estuary Social Area and Dock

The property also includes access to approximately 3,000 m² of shared social area located along the estuary, which features a dock (muelle).

This waterfront area could serve as a shared gathering space, kayak or boat launch point, or common social area for residents or guests.

Possible Development Approaches

Because the property already has titled lots and infrastructure in place, it lends itself to several development strategies:

Family or Friends Compound

A group of homes where each owner holds an individual titled lot while participating in shared infrastructure and common areas.

Hospitality Development

A small hospitality concept with a main building on the ridge and guest homes across the prepared platforms.

Owner-Operator with Rental Homes

An owner living on site while operating vacation rentals across the remaining homes.

Residential Developer

Building homes across the lots and selling them individually once completed.

Hybrid Development Model

A model similar to those used by some Panamanian developers: building turnkey vacation homes for buyers and offering property management and rental services when owners are not using their homes.

Market Opportunity

Boca Chica has grown steadily as a destination for visitors exploring the Gulf of Chiriquí and its surrounding islands, yet the supply of well-designed vacation rental homes remains relatively limited.

This creates an opportunity for projects that combine short-term rentals, vacation homes, and hospitality experiences connected to the nearby islands and marine activities.

There may also be potential to partner with existing hospitality businesses in Boquete or Panama City, allowing them to extend their offerings to the coast while keeping guests within their network as they travel between destinations.

About Boca Chica

Boca Chica is widely known as the gateway to the islands of the Gulf of Chiriquí. From the local marina, boat trips of about 20 to 30 minutes reach destinations such as Isla Bolaños, Isla Gámez, and the Secas Islands, which are known for white sand beaches, snorkeling reefs, and quiet anchorages.

The area is also popular for sport fishing, island hopping, and marine exploration.

Despite its coastal setting, Boca Chica remains accessible. The town is approximately 45 minutes from David, Panama’s third largest city, where you’ll find shopping centers, hospitals, and the regional airport.

Boquete, with its mountain climate and international community, is roughly 1 hour and 20 minutes away.