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Incredible 7 Residence Property – House Plus 6 Apartments on 13.75 Acres for Sale Near Costa Rica in Chiriqui Province, Panama
Gariche, Bugaba, Chiriqui
$649,000
  • 14 Beds

  • 14 Baths

  • 55,650 SQ. M

    13.75 Acres

    (Lot Size)

This income-producing property for sale in Gariché, Bugaba, Chiriquí offers a rare scale of improvements, land, and rental flexibility in one complete package. Set on almost 14 acres, or approximately 5.65 hectares, the property currently operates as an Airbnb and includes six 2-bedroom, 2-bathroom apartment-style units plus a separate 2-bedroom, 2-bathroom house.

For buyers looking for a short-term rental business, long-term rental compound, small hospitality project, or countryside retreat with multiple residences already in place, this property presents a strong foundation. The layout gives guests and residents privacy, while the land provides room to expand, improve amenities, or shape the property further over time.

A Multi-Residence Property Designed for Rental Flexibility

The main complex includes three two-story condo-style buildings arranged around a swimming pool. Together, these buildings hold six individual apartments. Each apartment includes two bedrooms, two bathrooms, a kitchen, living room, and laundry room, giving every unit the practical layout guests or long-term tenants usually look for.

This configuration makes the property especially useful from an operational standpoint. Rather than starting from raw land or renovating one large house into rentals, a buyer steps into a property where multiple independent units already exist. As a result, the property can continue as a vacation rental complex, transition toward longer-term rentals, or support a boutique lodging concept with additional planning.

A Separate House with More Privacy

In addition to the six apartments, the property includes a separate single-story house set apart from the main buildings. This residence also offers two bedrooms, two bathrooms, a kitchen, living room, and laundry room. It features a large wraparound balcony, which gives the home a more private and relaxed feel within the larger property.

Because of its separation from the main rental buildings, the house may work well as an owner’s residence, manager’s home, premium rental unit, or private guest accommodation. This adds another useful layer to the property’s commercial potential.

Pool, Social Area, Storage, and River Frontage

The swimming pool sits at the center of the main buildings, creating a natural gathering point for guests. Nearby, the property also includes a social area and a storage room, both of which support day-to-day rental operations.

Beyond the developed area, the land extends to river frontage. This section of the property has a tropical setting with large trees and palms, adding shade, greenery, and a cooler natural atmosphere during the warmer months. The riverfront area also gives the property a feature that many countryside rental properties do not have: a stronger connection to the landscape beyond the buildings themselves.

With almost 14 acres, the property offers much more than the existing residences. There is room to consider future improvements, additional guest areas, trails, gardens, outdoor seating spaces, or other hospitality-related uses, depending on the buyer’s plans and applicable approvals.

A Countryside Location with Access to Key Services

The property is located in Aserrío de Gariché, in the Bugaba district of Chiriquí. This countryside area appeals to buyers who want more land, a quieter setting, and a stronger connection to nature, while still keeping practical services within reach.

The Pan-American Highway is about 10 minutes away, which makes access straightforward for guests, staff, suppliers, and owners. La Concepción is approximately 25 minutes from the property and offers grocery stores, banks, restaurants, clinics, and other daily conveniences. For a larger commercial center, David is about 40 minutes away and serves as one of Panama’s major regional cities.

The property also benefits from its proximity to Paso Canoas, commonly known as “La Frontera,” on the Costa Rica border. This area is known for shopping options and a wide selection of retail goods, which can be useful for both personal needs and property operations.

About Bugaba, Chiriquí

Bugaba is one of Chiriquí’s most productive and varied districts, with landscapes that range from lower countryside areas near the Pan-American Highway to higher-altitude communities closer to Volcán and Cerro Punta. The district is known for agriculture, fertile soils, traditional craftsmanship, and a grounded local character.

For international buyers, Bugaba offers a practical alternative to more developed tourist markets. It provides access to land, local services, and regional connectivity, while still feeling rural and spacious. From this property, buyers can reach La Concepción, David, the Costa Rica border area, and other parts of Chiriquí with relative ease.