Panama Real Estate Blog

Chilling in Chiriqui

The town of Puerto Armuelles, located on the western coast of Panama within the Chiriqui province provides some of the most remarkable scenery in this region. Literally a stone’s throw from the Costa Rican border, the Pacific facing locale of Puerto Armuelles overlooks the Gulf of Chiriqui providing scenery and natural beauty that is nothing short of breathtaking.

The prevailing climate of the immediate region surrounding Puerto Armuelles offers predominantly moist climatic conditions, with both low lying and highland regions, from a geographic layout perspective. The quiet country-like atmosphere is largely rooted in the regions development as an agricultural center for the country of Panama.

This has not however removed Puerto Armuelles from the popularity of real estate options and developments, with some of the latest value to be had from a solid real estate investment within this developing region of Panama.

Puerto Armuelles has enjoyed somewhat of a closer attention with the prospect of massive investment being made within the region with respect to the development of various commercial projects within and around the deep water port close by. Arguably this attention and investment spills over into the immediate community and brings new opportunity to the real estate and property investor. However that being said, one of the latest developments provides for idyllic residential homes, and is geared for those looking for a tranquil and beautiful place to call home. Residential lots in Puerto Armuelles can be scooped up at value added prices, which aren’t expected to remain at their current levels, and more so considering the increasing popularity of Panama as a whole in terms of real estate. From as little as just over $36 per sq. m. plots can be purchased within the ever popular gated residential communities that are to be developed within Puerto Armuelles. The size of available plots, within these developments start from around 1200 sq. m. with various options including full ocean front properties, that will be included in communities with comprehensive facilities and amenities within the very near future.

Within a reasonable proximity of Puerto Armuelles is the capital of Chirqui, namely the town of David, and not too far is the beautiful highland town of Boquete, nestled on the slopes of Volcan Baru, Panama’s very own volcano, albeit dormant. Boquete is one of the most well known areas in Panama, specifically amongst expats who have settled in this town and the surrounding regions. The overall infrastructure in terms of road networks, town planning and amenities far exceeds many other typical central and South American countries as the government of Panama recognizes the importance of such an infrastructure to their economy. Hence even Panama City, although being a fair distance can be easily accessed, thanks to the well maintained Pan American Highway and numerous arterial routes.