You are here :: Panama Real Estate » Panama-locations » Baru

Volcan Baru is one of Panama’s many national parks. Panama is the country that bridges North and South America. Between the Caribbean and Pacific its climate is tropical. This is a place where you cast little or no shadow at midday.

How is it that real estate near Volcan Baru, Panama has temperatures of 50 degrees Fahrenheit in the evening? The highest Point in Panama is the extinct volcano, Volcan Baru. As part of the central mountain range that runs through Panama the summit of Volcan Baru is over 11,000 feet above sea level. The village of Volcan, Panama in the province of Chiriqui sits on real estate at the base of Volcan Baru. The town is a famous tourist destination with restaurants, cabins, guided tours of nearby Volcan National Park, as well as medical dental clinics.

The surrounding countryside is typical of mountainous terrain. There are waterfalls, alpine lakes, cascading rivers, and mountain meadows. In the lower areas of Volcan, Panama real estate there are plantations famous for their coffee as well as dairy farms.

Property Values near Volcan Baru, Panama Real Estate

Available real estate around Volcan Baru, Panama is being offered for $40,000 an acre for large acreage suitable for development. Similar property in nearby Boquete in Chiriqui Province, Panama is similarly priced. New three bedroom homes in the area go for $400,000. As with the rest of Panama property, new construction does not have property taxes for up to 20 years.

Volcan Baru National Park

The primary attraction near Volcan, Panama real estate is Volcan Baru National Park. The park contains the headwaters of ten rivers. Because of the different elevations in the park, Volcan Baru National Park has a variety of life zones each with its own flora and fauna. For example the park features temperate forests separated from rain forests by volcanic cliffs. Two hundred fifty bird species have been identified here including the exotic quetzal.

The Future of Chiriqui, Panama Property

The economy in Panama is growing. There is a great deal of foreign investment. In Panama City high rises are springing up all over. In the highlands of Chiriqui Province, retirees moving to Panama and second home buyers are purchasing Panama real estate in areas like those around Volcan Baru. With all the activity property values have gone up in Panama. Nevertheless real estate values in areas like Volcan, Panama still beat the competition. This brings up the issue of just what property competes with Volcan Baru, Panama real estate.

Panama is a democratic, prosperous country in the tropics. Unlike other parts of Central America, the Caribbean, or southern USA Panama does not get earthquakes nor hurricanes.  Panama’s economy is growing as the USA sinks into a recession. Panama does not tax US income and if you buy property in Panama and retire here Panama makes residency easy. Last, but perhaps more to the point. Places like Volcan, Panama are unique. Real estate here is not duplicated in many parts of the world. Mountain property in the USA is not tropical and mountain property in other parts of Latin America is often so remote as to be unusable. Come take a look at Volcan Baru, Panama real estate and talk to us at ABPanama if you want to buy your Panama property here in the land of eternal spring.