Living Space: 2800 sq. feet
About the Property
Amazing View ~Beautiful spacious 3 Bdrm, 3 Ba home on the rim of a deep canyon in the mountains of Boquete, overlooking a major river with an incredible view of the tallest mountain in Panama. Retire in comfort, entertain in style al fresco, and locate near other expats.
Asking Price: $245,000 USD (Negotiable)
This is a beautiful piece of property, comfortable for retirement living, perfect for entertainment, roomy, neutral colors, and well-built. The view from this canyon rim home is splendid due to its location on the edge of the canyon which looks into a lush valley and the Cochea River some 350 ft below and has a clear view of the highest mountain in Panama, Baru, but at the same time the beach is just 40 minutes away. Well kept, and freshly painted, American built. This amazing home is a must see in the land of the "eternal spring" (meaning springlike weather), Boquete, Panama.
Based on factors that are important to expat retirees, such as the cost of living, affordability of real estate, low or no property taxation, good infrastructure, residency options, zero income taxes on Social Security income, excellent health care, recreation, international access, low crime, and whether English is spoken, International Living ranks Panama as Number 1 for the 10th time in a row.
Panama also nabbed the highest score for the ability of Americans to get visas (the program is called the Pensionado) and for the category of benefits and discounts for expat retirees. It is a peace-loving Democracy and the people are patient and kind. Expat retirees get 25% off the cost of electricity and phone bills and pay half price for entertainment. Plus the nation's affordable health care comes with an additional 20% discount for expat retirees who typically pay about $2,500 a year for coverage (much less than what they would in the U.S.) with a $250 deductible, and 15% discounts on medicines and doctor visits.
In Boquete, Panama 1) the weather is cool and temperate, and 2) safely walk the entire town of Boquete 3) the whole country is outside of the hurricane belt and 4) the currency is the U.S. dollar.