INVEST 3.36 Acres with frontage on the Pan-American Highway. Bágala, between David and Bugaba, Chiriquí.

$ 1,362,000
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ID : 926
Price: $ 1,362,000
Lot Size: 13,620 m2

Description

This 3.36-acre lot is strategically located in front of the Pan-American Highway, with 75 meters of frontage on it, a high-traffic road ideal for commercial or industrial development.

  • Key location: Just 300 meters from the Molino Flor de Chiriquí, and equidistant between David and Bugaba, offering quick access to both cities.
  • Existing structure: The lot has a roofed structure that was previously used as an auction area, which adds versatility for future developments.
  • Compact terrain: Part of the land is already compacted, ideal for supporting heavy truck traffic, which reduces preparation costs for commercial or industrial constructions.

Development opportunities:

The land is ideal for:

  • Shopping malls: This strategic area, located between David and Bugaba, has a constant flow of vehicles and a growing demand for businesses. A commercial space will attract both locals and travelers along the Panamericana.
  • Industrial park: The property already has compacted terrain that supports heavy traffic, making it ideal for the development of an industrial park. Companies that require quick access to the province’s two main cities could establish their operations here, whether for storage, distribution, or production.
  • Space rental: For those interested in generating passive income, the land can be divided to rent spaces to companies that need centralized access between David and Bugaba.

This lot represents a strategic investment with excellent connectivity and multiple options to maximize its value.

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Area:
County:
Country: Afghanistan
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Asphalt Road
Commercial Area
In front of the Pan-American HWY
Visitors Parking
Water Access

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Testimonials

From the USA - Being a foreigner, buying a property in Panama is different and sometimes confusing.
Chris (Retired)
PRESTIGE helped me find a central and convenient commercial space
Evagelista Segunda Marquéz (Heavy Equipment Driver)
I have all my trust in Prestige Panama Realty, they manage my properties very professionally.
Dionisio Perez (Entrepreneur)

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Wee-Yiong Fung