Luxury Estate near Boquete Panama

Price
$1,599,000 Reduced 6%
Price/M²
$2,562
M² of construction
624
Bedrooms
4
Bathrooms
4
Parking
4

Luxury Estate near Boquete Panama

Category

Sale

Published

03/12/2025

Location

Palmira

Price

$1,599,000 Reduced 6%

Price/M²

$2,562

Lot Size

137997

Address of Property

8.7016723, -82.5143080

Balcony/Terrance

balcon

Swimming pool

no

Type of Floor

Ceramic

Benefits

Refrigerator
Microwave
Stove
Dishwasher
Washer
Dryer
Mountain View
Roofed Parking
Guest Parking
Laundry
Garden or Park
Gym
Dead End Street
Roofed Garage
Walk-In Closet
Power Generator
Bodega

Property

Luxury Estate near Boquete Panama
Finca La Pagoda
Panama Real Estate in the Highlands

This luxury estate near Boquete Panama, Finca La Pagoda, is a rare legacy holding in the highlands of Potrerillos Arriba, offering scale, privacy, and provenance that are nearly impossible to duplicate in today’s market. The estate spans 13.8 hectares of cool-climate mountain land and includes a restored main residence, event pavilion, incomeproducing structures, and one of Panama’s rarest assets: permanent naturalspring water concession rights.

Originally commissioned and built as a private residence by a former head of state, the estate later served as a discreet retreat for visiting foreign dignitaries and international guests—adding a layer of historical and cultural significance rarely found in Panama’s highland market.  Combining architectural character with developmentgrade infrastructure, the property supports luxury living, boutique hospitality, conservation, or longterm investment strategies suited to Panama’s highland region.  

Property Details | Boquete Panama Real Estate

The main residence features four bedrooms and four bathrooms with 4,976 square feet of interior space and 6,716 square feet under roof. Artisan elements define the home, including restored wood ceilings, rare Cuban terrazzo flooring commissioned as part of a diplomatic exchange, handpainted murals, and a custom parquet staircase. The architecturally distinctive pagodainspired structure offers a gourmet kitchen with custom cabinetry, formal and casual dining spaces, a library, and an oversized office or den with a balcony. The private master level provides panoramic views across the lights of David and the surrounding highlands.

The property holds permanent naturalspring water concession rights, adding substantial operational and investment value. This independent water source supports fullproperty zoned irrigation and can be applied to residential, agricultural, or commercial use. Infrastructure also includes auxiliary electrical systems, a large generator, and a comprehensive irrigation network.

Additional structures expand both functionality and income potential:

A 1,409 sq. ft. event pavilion with terrazzo floors, bar, kitchenette, two half baths, and capacity for up to 70 guests
A 972 sq. ft. caretaker or guest residence
A 1,790 sq. ft. fourcar garage with workshop
A professional 30 x 50 ft screened greenhouse with automated irrigation
A gardener’s shed with worktables, storage, and utilities

Vegetation and land features include mature bamboo groves, terraced meditation paths, curated gardens, St. Augustine lawns, and forest areas with maintained nature trails. Natural water features and tropical flora create a setting suitable for wellness, ecotourism, or conservationoriented concepts.

Lifestyle & Community | Boquete Luxury Estate for Sale
Highland Living in a Boquete Mountain Property

The location offers a cool, temperate climate at approximately 3,900–4,100 feet of elevation. The property’s viewpoints capture panoramic perspectives of Volcán Barú, surrounding mountains, and distant Pacific horizons. With dense greenery, oldgrowth trees, tropical gardens, and more than 80 documented bird species, the estate supports a lifestyle closely connected to the natural environment.

The private quartermile drive through mature bamboo groves establishes a strong sense of arrival, reinforcing the privacy and tranquility of the grounds. Potrerillos Arriba sits strategically between Boquete and Volcán, providing access to amenities, dining, outdoor recreation, and regional services while preserving the quiet character of the highland countryside.

For those seeking space for creative, wellness, or familycentered lifestyles, the land and layout offer flexibility. The combination of climate, natural resources, and outdoor areas is well suited for gardening, meditation spaces, hiking paths, or naturebased activities.

Investment Potential | Panama Highland Real Estate
Development Strengths of This Luxury Estate near Boquete Panama

The estate’s investment potential is anchored by its rare naturalspring water concession, which supports multiple highvalue development or operational pathways.

Key investment strengths include:

Independent, permanently assigned naturalspring water rights
Viability for specialty agriculture, ecoretreats, wellness projects, or waterrelated ventures
Large greenhouse, full irrigation network, and fertile volcanic soil suitable for production
Event pavilion providing immediate income potential for weddings, retreats, workshops, or private events
Infrastructure designed for low capital requirements when launching hospitality or tourism operations
Strategic positioning between Boquete and Volcán, aligning with two growing regional corridors
Historical provenance as a former headofstate residence with a legacy of hosting national and international dignitaries
Investment & Ownership | Panama Real Estate Value

This property in Boquete Panama represents a smart investment in Panama’s most desirable mountain region. Boquete real estate continues to appreciate thanks to international demand, infrastructure improvements, and Panama’s friendly residency programs. Panama real estate offers tremendous value for:

Retirees looking for lowmaintenance living
Digital nomads and remote workers
Families seeking a peaceful yet connected base
Buyers interested in longterm investment, business or rental potential

Whether you’re looking for a primary residence, vacation home, or an investment property in Panama, this property presents an outstanding opportunity. Learn more about living in Panama by visiting the Official Visit Panama Tourism website. For the latest insights on Panama real estate trends, you can refer to this comprehensive analysis.

Learn more about this Luxury Estate near Boquete Panama

This luxury estate near Boquete Panama brings together land, architecture, water security, incomeproducing structures, and historical provenance in a way rarely matched in the region. Its flexible use options, strong infrastructure, and strategic positioning make it suitable for luxury living, hospitality, conservation, specialty agriculture, or multigenerational planning. To explore this property in more detail or arrange a private viewing, contact us for further information.

Make an appointment

Mon
Tue
Wed
Thu
Fri
Sat
Sun
08:00 am
09:00 am
10:00 am
11:00 am
12:00 am
01:00 pm
02:00 pm
03:00 pm
04:00 pm
05:00 pm
06:00 pm
07:00 pm
Call