Bugaba District, Bugaba District, Chiriqui

With 330 Teak Trees, River Views, and easy access to Concepción and David This 1.5-hectare (15,056.53 sqm) lot for sale in La Estrella de Bugaba, Chiriquí, offers an excellent opportunity for investment, whether you're interested in teak tree cultivation or developing a property with long-term potential. Located just 4.9 kilometers (about 5 minutes by car) from Concepción, the lot fronts the Interamericana highway and borders the Escarrea River, with approximately 200 meters of river frontage, providing scenic views of the river. The lot is mostly flat, with a gentle slope in one area, making it ideal for various types of development. A key feature of the property is the 330 teak trees already planted, which offer substantial growth potential and could provide significant future returns, especially for those focused on sustainable timber production. Additionally, the upper portion of the lot is flat, with tracks that provide access to the lower flat area. This land is both residential and commercial, offering flexibility for future development. A key highlight is the potential for a future Bed and Breakfast project. The property also has access to electricity and water connections, offering convenience for future projects. Located 30 minutes (33.4 km) from David, Chiriqus capital, the property is close to essential public services, shopping centers, hospitals, and the airport. It is also 25 minutes (23 km) from the Paso Canoas border crossing to Costa Rica, providing easy access to both countries. Owner financing is available, with a 30% down payment. This lot presents a great opportunity for those looking to invest in the growing value of teak trees or develop a profitable future project in a prime location. "A Pleasure to Work With. We Highly Recommend Them." - Tom & Anita Stevens For more information, a more complete description and updated prices for this property, please visit Casa Solution's website.