Prime Home Site or Commercial Lot for Sale in Palo Alto, Boquete – with Permits to Build Condos or up to 13 Homes
Rare opportunity to acquire an impressive piece of land (3,704.31m2) on prestigious Avenida Buenos Aires, Boquete’s ‘Golden Mile’. Multiple zoning options and all permits included in the price – ready to build.
Only a 2.5-minute drive to town (and once the Panamonte bridge is complete, a 1-minute drive to the top of town), the property is located in Palo Alto across the street from the beautiful Boquete Garden Inn Hotel.
This square, predominantly flat lot is raised approximately 20 feet above the road and comes with an abundance of curb appeal, space to build, seclusion, soaring mountain views and fruit trees.
Receiving building permission for larger projects is a challenge in Panama and it has all been done for the buyer of this incredible property (securing permits, licenses, zoning, electricity, potable water and more, even expedited, has taken 3 years). Zoned residential, with potential for commercial applications, permission has been obtained to build 1 to 13 homes or a condo up to three stories high.
Whether you’re looking to build one home or have a larger plan in mind this land offers multiple use.