Panama‘s reputation for excellence continues to grow on the world stage as Boquete-based Elida Estate coffee recently commanded an astonishing $10,013 per kilogram at the prestigious Best of Panamá Auction. This premium product is now being served at exclusive cafés across Asia, with Simple Kaffa in Taipei charging $635 for a single cup of this exceptional brew.
GLOBAL RECOGNITION HIGHLIGHTS BOQUETE’S PREMIUM STATUS
The record-breaking coffee from Lamastus Family Estates in Boquete has created international buzz among connoisseurs. Simple Kaffa, founded by World Barista Champion Berg Wu, features this exclusive Panamanian coffee at their high-end tasting bar in Taipei, where customers make reservations for 90-minute coffee experiences.
“I’m not surprised by the price, but I am surprised they have my coffee,” remarked Wilford Lamastus Jr., multi-generational owner of Lamastus Family Estates, when asked about seeing his coffee featured prominently in Taiwan.
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The meticulous care invested in these beans mirrors the attention to detail found in Boquete’s premium properties, where exceptional quality and craftsmanship command corresponding value in the real estate market.
INVESTMENT IMPLICATIONS FOR PROPERTY BUYERS
This international recognition reinforces Panama’s, and specifically Boquete’s, reputation as a producer of world-class commodities. For property investors, this represents several significant advantages:
- Increasing Global Visibility: As Panamanian products gain worldwide recognition, interest in property ownership follows closely behind.
- Agricultural Investment Potential: Coffee plantations and agricultural properties in the Boquete region continue to demonstrate strong value appreciation and income potential.
- Luxury Market Validation: When consumers willingly pay premium prices for Panamanian products, it validates the country’s position in the luxury market across sectors.
REAL ESTATE MARKET OUTLOOK
The extraordinary prices that Boquete coffee commands reflect the region’s unique terroir and exceptional natural conditions. These same characteristics make Boquete real estate particularly valuable, especially properties with suitable growing conditions for premium crops.
Agricultural properties with established coffee plantations, especially those at optimal altitudes with the right growing conditions, continue to be highly sought after by both investors and lifestyle buyers seeking diversification. The international acclaim for Boquete’s coffee strengthens the area’s brand and, consequently, supports property values.
For expats and retirees, living in a region internationally celebrated for quality offers both pride of place and potential investment security. Properties adjacent to renowned coffee estates often benefit from association with these prestigious neighbors, while the continued influx of coffee tourism creates opportunities for rental properties and hospitality ventures.
CONNECT WITH CASA SOLUTION
Whether you’re interested in agricultural investment properties in Boquete, luxury homes with coffee plantation views, or exploring Panama’s diverse real estate opportunities, Casa Solution has the expertise to guide your journey. Our team understands the unique value propositions of different regions throughout Panama and can help you find the perfect property to match your investment goals or lifestyle dreams.
Contact us today to learn more about how Panama’s growing international reputation can benefit your real estate portfolio.
