Located at the entrance to Hacienda Los Molinos in El Francés, Alto Boquete, this lot offering includes four individually titled parcels with established zoning and one servitude parcel. The total registered area is 7 hectares + 2,146.94 m². Positioned just 15 minutes from downtown Boquete and 25 minutes from the city of David, the site benefits from direct access to the David–Boquete highway.

The parcels are available for purchase together or individually. The location is characterized by increasing residential and commercial development, and its zoning (R-2 and C-2) allows for a variety of permitted uses.

Property Overview

These lots are sold individually. 

Parcel Information

Parcel A

• • Zoning: R-2

  • Size: 16,561.42 m²

  • Price per m²: $70.00

  • Total Price: $1,159,299.40

Parcel B

• • Zoning: C-2

  • Size: 10,070.72 m²

  • Price per m²: $90.00

  • Total Price: $906,354.80

Parcel C

• • Zoning: R-2

  • Size: 40,514.80 m²

  • Price per m²: $50.00

  • Total Price: $2,025,749.00

Parcel D

• • Zoning: C-2

  • Size: 5,000.00 m²

  • Price per m²: $105.00

  • Total Price: $525,000.00

Servitude Area

• • Zoning: Not defined

  • Size: 6,894.76 m²

  • Price per m²: —

  • Total Price: Not assigned

The 6,894.76 m² servitude parcel is included for continuity but not priced, as it is expected to be transferred to the State.

Land Use Potential

The property’s combination of zoning types and strategic location enables a wide range of development possibilities:

Residential (R-2):

Suitable for mid-density residential projects including houses, townhomes, or low-rise apartment buildings. The area benefits from proximity to existing neighborhoods and services.

Commercial (C-2):

Parcels facing the main road offer visibility and access for commercial uses such as supermarkets, medical offices, pharmacies, or retail establishments serving both Boquete and the Los Molinos area.

Mixed-Use Development:

The zoning supports ground-floor commercial use with residential units above, promoting a walkable community model.

Hospitality and Tourism:

With views of Volcán Barú and Chiriquí Bay, along with a climate that attracts year-round interest, the site is appropriate for tourism-related uses such as a boutique hotel or eco-lodge.

Community and Public Services:

The scale and layout also support complementary uses like parks, plazas, or essential services infrastructure. One section has been identified as a potential site for a wastewater treatment facility.

Location Context

The area of Alto Boquete where this property sits continues to experience steady urban expansion. It lies at a key access point—along the David–Boquete highway and near the entrance to Hacienda Los Molinos—providing convenient connectivity. The surrounding area features:

• Established Residential Communities: Including growing housing developments that increase local demand for services.

• Nearby Urban Amenities: Access to schools, clinics, grocery stores, and other commercial establishments within short driving distance.

• Climatic Appeal: The area enjoys cooler temperatures during the dry season due to northern winds, and a misty, green landscape during the rainy season.

Regional Development Considerations

El Francés is part of a broader zone with strategic relevance for urban and tourism planning. Past project studies have identified this area as suitable for residential, commercial, and tourism-driven growth due to its:

• Gentle topography suitable for infrastructure

• Strategic midpoint between David and Boquete

• Role in the gateway corridor to Chiriquí’s primary tourist destinations

Prior land use studies have explored potential scenarios involving residential housing, commercial nodes, recreational areas, and hotel development—all feasible under current zoning regulations.

For developers or investors seeking well-positioned land in one of Boquete’s key growth areas, this site offers flexibility, road access, and the zoning foundation to move forward.

🔗 This property is also available as individual lots or as a whole:

• Residential Lot for Sale in El Francés, Alto Boquete – 16,561 m² R-2 Zoned Land
  https://www.casasolution.com/listings/16561-m%C2%B2-r-2-zoned-lot-for-sale-in-el-frances-alto-boquete-ready-for-residential-development-in-a-growing-area-with-road-access/

• Commercial Lot for Sale in Alto Boquete – 10,070 m² C-2 Zoned Property Near Main Access Road
  https://www.casasolution.com/listings/10070-m%C2%B2-c-2-zoned-commercial-lot-in-el-frances-alto-boquete-high-visibility-near-the-david-boquete-highway-ideal-for-retail-or-services/

• Large Residential Lot for Sale in Alto Boquete – 40,514 m² R-2 Zoned Development Land
  https://www.casasolution.com/listings/40514-m%C2%B2-r-2-zoned-land-for-sale-in-alto-boquete-suitable-for-residential-community-or-multi-phase-housing-project-near-boquete-and-david/

• Corner Commercial Lot for Sale on David–Boquete Highway – 5,000 m² C-2 Zoned Land
  https://www.casasolution.com/listings/5000-m%C2%B2-c-2-zoned-corner-lot-for-sale-along-the-david-boquete-highway-great-visibility-and-road-access-ideal-for-commercial-use/

Contact Information

Please contact Casa Solution for more information or to visit this Development Lots for Sale in El Francés, Alto Boquete – Zoned R-2 and C-2, Close to David and Boquete

If you're looking to buy real estate in El Frances, Alto Boquete, Chiriqui or properties anywhere in Panama, please take a look at our page for buyers, and if you're considering selling your real estate in Panama please visit our page for sellers.

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