$4,947,040

76.68 Hectares With Strategic Highway Frontage

  • Updated: October 3

About the Property

This exceptional 176.68-hectare property in El Chumical, Veraguas, offers a rare combination of scale, strategic location and diverse development potential directly along the Pan-American Highway.

Located approximately 2.8 km from the entrance to La Mesa, the property features approximately 1,280 meters of frontage along the Pan-American Highway connecting David and Santiago. This strateg
This exceptional 176.68-hectare property in El Chumical, Veraguas, offers a rare combination of scale, strategic location and diverse development potential directly along the Pan-American Highway.

Located approximately 2.8 km from the entrance to La Mesa, the property features approximately 1,280 meters of frontage along the Pan-American Highway connecting David and Santiago. This strategic exposure provides strong potential for commercial, industrial and residential development, while also allowing agricultural and livestock uses.

The land is predominantly flat with gentle undulations, particularly around its natural water sources. Its location and accessibility make it suitable for a range of potential projects, including a commercial center, service station, warehouses, logistics facilities or other large-scale developments, subject to applicable approvals and regulations.

The property also benefits from immediate access and connectivity, mobile phone coverage, three-phase electricity and potable water. The Bacay River and several streams cross or supply the property throughout the year, providing a valuable natural water resource with reported good water quality.

The property consists of two titled parcels and two possessory-right parcels currently undergoing the titling process, with approved plans.

With substantial highway frontage, access to essential utilities and multiple potential uses, this property offers an opportunity to acquire a large strategic landholding in an area experiencing commercial development.

An alternative purchase structure is available through a progressive purchase model with annual interest-free payments. Contact us for further details, legal documentation or to arrange a private visit.

Property Highlights
• 176.68 hectares / 436.59 acres / approx. 19.02 million sq ft
• Approximately 1,280 meters of Pan-American Highway frontage
• Direct access from the Pan-American Highway
• Predominantly flat terrain
• Suitable for commercial, industrial and residential development
• Potential for agriculture and livestock
• Potential for commercial center, service station or warehouse facilities
• Three-phase electricity available
• Potable water available
• Year-round water resources from the Bacay River and streams
• Excellent connectivity and mobile coverage
• Approximately 2.8 km from the entrance to La Mesa
• Two titled properties and two possessory rights under titling process
• Approved plans
• Average price per hectare: USD $28,000
• Total price: USD $4,947,040
• Progressive purchase option with annual interest-free payments available

A strategic large-scale landholding with exceptional highway exposure, utilities and versatile development potential in one of Veraguas’ growing commercial corridors.
…
  • Property type

    Land

Features

Explore the Area

Santiago, Chumical, Veraguas Province, Panama View on Google Maps
Price per sqft
Low
High

Ciara Caponi Ciara Caponi background

Ciara Caponi

5

Joined 3 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Ciara Caponi
Panama
View agency profile
Ciara Caponi Ciara Caponi background
236
Listings
2024
Joined
5
0 reviews

Book home tour with Ciara Caponi

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Engel & Völkers Panama City
Engel & Völkers Panama City
0101, Panama City, Panama
View agency profile
Last updated
October 3
First listed
October 3
Agent licence
#PN-4885
Listing reference
AM-5536158
Call

Start phone call with:

Hello, I’m calling for the property with the reference AM-5536158, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.