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Chiriqui Gulf, Panama


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“The Lost Coast” of The Republic of Panama, located on the Pacific Ocean in the Chiriqui Lowlands near the city of David -- accessible by land, sea, and air.   This gulf is famous for dozens of little islands, world class fishing, scuba diving and boating.  It is among the most picturesque regions of Panama.

By land, travel time is approximately 20 minutes from Horconcitos, District of San Lorenzo, Province of Chiriqui, a one hour drive from the city of David, or five hours drive from Panama City.  There are several daily flights between David and Panama City, as well as between David and other cities in Panama.

The Chiriqui gulf region encompasses Coiba Island to the East, home to some of the best sport fishing in the Pacific, and stretches West to the Costa Rican border in the Province of Chiriqui. This area includes the 14,600 acre National Wildlife Reserve-La Barqueta Beach, the 36,400 acre Gulf of Chiriqui National Marine Park and the 667,000 acre Coiba Island National Park - which is only 20% terrestrial. The Pedregal Marina in David has mooring available as well as a concrete pier and boat launch with dry dock storage facilities for boats of 30 feet or less in length.

Development in this area, with an emphasis on Boca Chica and Boca Brava, has been taking off fast. Several sport fishing businesses have opened for business and a 5 star Sport Fishing lodge will be opened within a year on the one of the prettiest beaches in the Paridas Archipelago, at 20 minutes from Boca Chica. A dive operation is under construction, and several small hotels will be built in the area of Boca Chica and Boca Brava soon.  A large reforestation project is being planted as we speak, and several of our customers will be building their new tourism related businesses either on the mainland shores or on one of the islands this year.

The paving of the road from Horconcitos to Boca Chica is still a wish that we all have; hopefully under the new government we will finally see the day we can drive from David to our properties in Boca Chica in 45 minutes or less.

Why We Like The Chiriqui Gulf For Investment:

1. Private Islands -- there are a number of private islands where investors can purchase

2. Unspoiled Beauty -- this region remains pristine with white sand beaches, dense tropical forest and abundant wildlife.  The tourism potential in this area is huge.

3. Potential Boating Mecca -- this is a yachting and sailing fan's fantasy.  Dozens of little islands, protected harbors, fantastic scenery, marine life, and an aquatic National Park.  The future of Panama's Pacific boating could lie in this zone.

 

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Copyright, 2008.  Panama Real Estate Pros is a division of New World Real Estate, Inc.
Panama City 
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