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Boquete, Panama Real Estate, escape to the highlands of Chiriqui Province
Boquete
Come and look at Boquete real estate. Boquete is a city located in the highlands of Western Panama, in Chiriqui Province, near the border with Costa Rica. Because of its altitude (about 1,000 m above sea level) its climate is cooler than the lowlands in Panama.
Boquete, Panama real estate has become very popular as a pleasant escape from the lowland tropical heat. Real estate in Chiriqui, Panama in general has become popular with tourists worldwide for its natural beauty. Boquete, Panama real estate near the extinct volcano, Volcan Baru produces some of the world’s best coffee. Mountains near Boquete, Panama real estate provide outdoor enthusiasts with opportunities for rafting, hiking, mountain biking, and birding just 30 minutes from the city of David, Panama. Ecotourism is especially popular around Boquete.
The Value of Boquete, Panama Real Estate
A two bedroom, two bath Boquete, Panama property with carport and laundry room goes for $350,000 in a secure gated community. The upstairs master bedroom has a view of Volcan Barú and the Pacific Ocean.
A three bedroom, two bathroom home has wonderful views of Volcan Barú. It is fenced with an alarm system and is offered for $149,500.
A two bed, two bath, 1000 sq meter home is offered for $195,000. Take a look at these Boquete, Panama real estate gems.
Boquete, Panama Real Estate as a Retirement Destination
Panama has become the world’s top retirement destination. With a first world economy and rich natural resources for ecotourism Panama has passed Mexico and Costa Rica for tourism and retirement. The people are friendly and there is plenty of natural beauty. Throughout the highlands of Chiriqui Province, Panama you will have the space and time in which to enjoy both.
You can retire to Boquete, Panama real estate taking advantage of Panama’s advantageous laws. You do not pay taxes in Panama on US income. As a "jubilado," or retired person, you can register and by paying $500 a month plus $100 for each dependent obtain a visa to stay indefinitely.
Buy real estate in Boquete, Panama and enjoy the natural beauty of Volcan Barú, the highest point Chiriqui Province and in the country. See the sun set over the Pacific Ocean in the distance as you sip world class Boquete, Panama coffee on your patio.
Advantages of Panama
New construction on Boquete, Panama land is free of property taxes for up to 20 years. Ecotourism projects can be free of property and income taxes for up to 15 years and provide for importation, free of import fees, for business related items not readily available in Panama.
When you buy Boquete, Panama real estate you have the same rights as a Panamanian citizen. Other advantages are that spoken English is very common and, although Panama mints its own coins, US coins are interchangeable and as Panama does not print paper money US paper money is used and equal to the Balboa.
Come to Boquete to purchase your retirement home, investment property, or vacation home and watch your investment grow. Contact us at ABPanama for more information regarding property in Boquete or throughout Panama.
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