Boquete

Boquete, nestled at the foot of Volcan Baru at 3,478 ft (1,060m), is famous for its cool climate, green valleys, rushing rivers and mountain vistas.  The rich, fertile soils in the area provide an ideal setting for floral exportation and coffee growing.  On some nights you’ve got to wrap up warm as the temperatures can dip to 50 F (a rarity in Panama), but mostly night time temperatures stay in the mid 60s.  By day, visitors spend their time bird watching, horse-riding, white-water rafting, hiking and fishing.

The Boquete real estate buzz started several years ago with Valle Escondido, a gated resort community with a 9 hole executive golf course, just outside town. This buzz is set to get louder as the $30 million upgrade to the primary runway at the Enrique Malek International Airport in David gets underway.  The runway is being lengthened to allow 737s and the facilities to handle international traffic are being added.  The ability to accept international flights to David will be a strong boost to the second home market in Boquete, located just 45 minutes away on a recently improved road.

There is no doubting that Boquete is firmly on Panama’s real estate map.  It's becoming a well established second home and retirement destination with some of the county's finest boutique hotels and restaurants, bilingual medical services, many banks, as well as golf.  Property investors can choose from a range of offerings, at different price points, all designed to make best use of the spring-like climate and pleasant natural setting.

The financial crisis of 2008/9 shook things up a bit, and in it's aftermath we're seeing the real estate dollars trend towards the more established projects with completed property and ready infrastructure, and away from the more speculative offerings.

Getting to Boquete, Panama

Instead of driving the 7 hours from Panama Ciity, most visitors fly to the domestic airport at David (which is currently undergoing an updgrade to receive international flights) and drive the 45 minutes to Boquete.  The road from David is paved as are most secondary roads in the area.

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Overview of the Area

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