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Boquete is the current hot spot in the province of Chiriqui.
This area, near the border of Costa Rica and approximately 7
hours from Panama City, is home to a wonderful cool climate,
mountainous regions (some with ocean views) and a growing expat
community.
Boquete is a quiet country town with only a few
shops and hotels. But the growing number of foreign
residents is making this area somewhat of a new bohemia.
The restaurants, nightlife and area activities are slowly
adjusting to meet the growing demands of tourists and foreign
locals.
Otherwise, this country retreat is a calm, quiet
getaway from the hustle and bustle of Panama City and other more
populated areas. Chiriqui is a lush, naturalist's
paradise.
Why We Like Boquete For Investment:
1. Weather -- Boquete's highlands have mild, cool
weather that many Europeans and Americans have found to
their liking. The climate reminds one of Switzerland
during warmer months.
2. Location -- Boquete is near Panama's border with Costa
Rica and a quick drive or flight across the border. It
is also the only area outside of Panama City with a flight
(from David) to Bocas del Toro, so this is a one-two punch that is common
with tourists and also an easy getaway for local residents
in either direction.
Because of the proximity to Costa
Rica and ease of travel between two popular tourism
destinations, this location is poised for growth.
Because many parts of Boquete are at high altitude, some
parts of the highlands have incredible ocean views.
3. Environment -- Many retirees and investors are
flocking to Chiriqui. As a result, there's a communal,
fun feeling that only comes in these "town of transplants".
Retirees find there are many folks willing to take them
under their wing and help them learn the ropes of life
abroad.
4. Tourism -- Boquete is to Panama what Monteverde and
Arenal are to Costa Rica. Many tourists visiting Panama work
their way to the Boquete area during their travels as a
perfect cool weather complement to their beach time.
The combination of tourism, foreign retirees and local
investment make this region a safe bet for continued future
growth.
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