Key Features

• • • Prime Location – Located near Paso Canoas, the border between Panama and Costa Rica, offering easy access to local shops, customs, and immigration facilities.
    • Total of 16 Rental Apartments – The commercial building includes 16 apartments, offering a mix of one and two-bedroom units, plus additional office space and storage.
    • Proximity to Beaches – Just a short distance from the beaches of Puerto Armuelles.
    • Land Area – Spans 3,480.19 m² with a 45.89-meter frontage.
    • Residential Home – The residential building features a 95.27 m² home with two bedrooms, two bathrooms, living-dining area, kitchen, and external laundry.
    • Commercial Development Potential – The property's location near the Costa Rican border makes it an attractive opportunity for business ventures, especially with its established infrastructure.

Listing Description

This property is located just 4.0 kilometers from the Pan-American Highway and 100 meters from the Paso Canoa - Puerto Armuelles road, 200 meters before reaching Rodeo, in the area known as Canoas Abajo, within the Progreso District of Barú, Chiriquí Province. The land spans 3,480.19 m², with a frontage of 45.89 meters and an irregular shape with a flat topography.

The property features two separate buildings: one commercial and one residential.

The commercial building consists of two apartment modules with a total of 16 rental apartments. Module 1, with an area of 365.69 m², contains 10 apartments. Two of these are two-bedroom units with a porch, living-dining room, kitchen, bathroom, and external laundry area. The remaining eight apartments are one-bedroom units with a similar setup, plus one office space and a storage room. Module 2, covering 298.70 m², has 6 two-bedroom apartments, each with a porch, living-dining room, kitchen, external laundry, and a complete bathroom.

The residential building is a single-story home with an area of 95.27 m², featuring a living-dining room, kitchen, two bedrooms, two full bathrooms, and an external laundry area. The property also includes a 24.64 m² porch.

The property's strategic location is a key highlight. It lies near Paso Canoas, the border crossing point between Panama and Costa Rica, where various shops, customs, and immigration facilities are located, making it ideal for business or residential purposes. Furthermore, the property is close to the beautiful beaches of Puerto Armuelles, adding value for those who enjoy coastal living. This area also offers significant commercial potential due to its proximity to the border and established infrastructure, making it an attractive option for both residential and commercial development.

Contact Information

Please contact Casa Solution for more information or to visit this Investment Opportunity: Commercial and Residential Property near Paso Canoas with 16 rental apartments for Sale in Progreso, Baru, Chiriqui

If you're looking to buy real estate in Progreso, Baru, Chiriqui or properties anywhere in Panama, please take a look at our page for buyers, and if you're considering selling your real estate in Panama please visit our page for sellers.

Stay updated on our latest listings and area news by following us on  Facebook, Instagram, and subscribing to our Youtube channel. We look forward to helping you find your next home or property in Panama!