Bocas del Toro Realty, Inc. Exclusive Developments, Real estate Rentals Panama

Assigned Property Number 2009000151

Featured Property
Category: Acreage

Assigned Property Number	2009000151
Price	$305,000
Owner Financing	N/A
Location	District of Bugaba 13 km off the Costa Rican Border
Size of Property	30 Acres
Size Selection	Large
Water Frontage	N/A
Water Frontage Feet	N/A
Water Type	Creek
Water Depth	Creek
Year round boat access	N/A
Current Rental Income	N/A
Type of Ownership	Title
Type of Property (Main)	N/A
Type of Property (Sub)	Farm
Improvements on the property	Fenced, Caretaker shag, bridge over the creek, cow milking area
Road Access	Yes
Municipal Electric	Yes
Municipal Water	Community water

Property is in use as a dairy farm. The seller has 15 cows (not included in the sale) for milking. It has 10 hectares of improved pastures to properly feed the precious cows, a creek that runs in the property provides water to the farm and there is water in the creek even in the dry season from late Nov. to early May. There is also spring water. The owner’s house was used in the past to stay over the weekends or as needed by the owner, their is a caretaker’s house and a milking barn on the property. Located approx. 11 km or less than 7 miles on a paved road north off the Pan-American Highway, approx. 15 minutes from the Costa Rican border, 25 minutes from the Enrique Malek Airport (David Airport), less than 1 hour driving to Boquete and the Pacific beaches in the Province of Chiriqui. The property also has around 150 fruit trees: Sour sop, lemon, oranges, mango, ice cream pops, lemon grass. 1 hectare or 2.5 acres of sugar cane is dedicated to supplement the cows diet for the best milk. The location is approximately 220 meters or 726 feet above sea level and the Pacific Ocean can be seen from the property, making the area cooler and with fresh breezes from the surrounding hills. A population of 10,514 habitants lives on the surrounding neighborhoods and counties. On the higher lands of Bugaba, pure breed racing horses are born and raised; most of the stallions are bought in the U.S. Also developed in Argentina, Falabella miniature horses are breed by a local farm. Sitio Barriles a very important archeological site where ancient artifacts and human sculptures; shows evidence of the population that lived in the area many years ago; The Cavern of Porton gives an attractive mystic with its stalactites and surrounded by a secondary tropical dense forest; creeks, rivers and waterfalls; are among the places of interest on this area. Every year, the community celebrates The Corn Festival and Tomato Festival. The fertile dark soil of this region produces vegetables and fruits (potato, cabbage, lettuce, carrots, strawberry, wild berry, coffee, corn, tobacco, passion fruit, and others) that the farmers exports to other countries and provide to the markets in Panama.