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Rancho de Caldera
Boquete, Panama
September 13, 2014 / 11:00 AM

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This recently completed full turn-key property is the ideal retreat center, an amazing family compound, or an eco-resort.

SHOWN BY APPOINTMENT ONLY - CALL TO SCHEDULE A TOUR!

Rancho de Caldera is an extraordinary private family retreat / eco-resort located in the mountains of Chiriqui, Panama. The property is located in the town of Caldera, 25 minutes from downtown Boquete, and less than an hour from David, Panama. Selling Regardless of Price at Absolute Auction.

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Rancho de Caldera is a well appointed get-a-way located on 50+ gorgeous acres with stunning views of the surrounding mountains and valleys.

In addition to the 4 bedroom / 4.5 bath main house there are 3 sets of villas, with 3 individual (lock out), connecting units in each set, for a total of 9 individual villa units. Together, each set becomes, in essence, a 2 bedroom house, with the left unit having 2 queen beds and a large, walk-in double shower and small kitchenette; the middle unit has a full kitchen, sofa set, dining area and (Murphy) queen bed; and the right unit has a king bed and bathtub/shower combo with small kitchenette. Each unit within each set connects through a hallway and the doors can be locked for privacy between units.

Click here to read reviews of Rancho de Caldera.


Property Features:
• Large private residence with 2 bedrooms up and 2 down, total of 4.5 baths and much more, 5250 square feet in the house plus 3500 square feet of covered porches; awesome outdoor Jacuzzi with incredible views
• Restaurant with 2 bathrooms
• 3 sets of villas, with 3 individual (lock out), connecting units in each set, for a total of 9 individual villa units, with a total square footage of nearly 6000 square feet plus approximately 2500 square feet of covered porches
• 20’ X 40’ swimming pool with additional shallow area for lounge chairs or little ones
• Employee residence - Outside the property on 10± Acres (Could be sold separately)
• Employee lounge, employee office, exercise room and laundry room
• Yoga pavilion with 2 bathrooms
• Several storage buildings
• Power house with inverters and batteries, 76 solar panels, 3 hydro- electric power generators and a back-up diesel generator
• Open air barn area with tack room
• 3 greenhouses plus a chicken coop
• Wood shop
• Fruit orchard
• Approximately 29,000 square feet of buildings and covered terraces

Forbes, International Living, Huffington Post and US News have ranked Panama, in 2014, as the best place to retire in the world.

Location
Boquete is a small town on the Caldera River, in the green mountain highlands of Panama, in western-most Chiriquí Province, about 60 kilometres (37 mi). from the border with Costa Rica. Because of its altitude, some 1,200 metres (3,900 ft) above sea level, its climate is cooler than that of the lowlands. Its scenic location, temperature, and natural environment make it popular with Panamanians and attracts tourists from all over the world.

History
In Spanish, the word Boquete means 'gap or opening'. It was through this gap that curious gold seekers trekked, looking for a cheaper and quicker way to the Pacific. Farmers began settling the region near the end of the nineteenth Century. By the early twentieth century, several villages had been populated: Lino, Quiel, Bajo Mono, Los Naranjos, and Bajo Boquete, which now is the town center of the district.
Boquete was founded on April 11, 1911. Initially, the head of the district was Lino, but it was moved soon after to Bajo Boquete. For many years, the district had three "corregimientos" (townships): Bajo Boquete, Caldera, and Palmira. In 1998, the "corregimientos" of Alto Boquete, Jaramillo, and Los Naranjos were created.
In addition to tourism, its main industry remains agriculture, especially the growing of coffee beans. Boquete is well known for its coffee, judged to be among the finest in the world.

Culture
Boquete boasts a very lively music and arts scene. The annual Boquete Jazz Festival was founded in 2007 being the second largest jazz festival in the country after the Panama City Jazz Festival. Having been renamed Boquete Jazz & Blues Festival, the 2012 festival took place on the first weekend of March.
In separate action, a group of expatriates in Boquete came together in 2005 to form a performing theater group, which was named Boquete Community Players (BCP). BCP was formalized legally in 2007 through the creation of a nonprofit foundation. It became the first performance venue in the community in November 2009, when BCP held its grand opening of a refurbished restaurant and bar in the center of Boquete alongside the Caldera River. The mission of BCP is to sponsor, produce, and promote artistic events to enhance appreciation for and understanding of the arts, and to promote a cohesive sense of community.

Nature
Some of its landmarks include nearby Volcán Barú, a dormant volcano and, at 3,475 meters, the tallest point of land in Panama. Hikers enjoy a relatively easy hike up and over the volcano, along the Sendero de los Quetzales, which runs from Boquete up to Cerro Punta and Volcan, on the other side of the volcano.
The Caldera River runs through the town. It is a river that has shaped much of its form.

Ex-Pats
There is a large community of ex pats in Boquete; according to La Contraloria General de la Nacion, the government institution in charge of the census, there are over 3,000 foreigners permanently living in Boquete, from over 30 different countries. Although Americans and Canadians comprise the majority of ex pats, there is also a large group of immigrants from Colombia and Venezuela, and the third largest group of immigrants are from European countries. This increase in immigrants has stimulated the growth of new industries and business, owned both by locals and foreigners. Many new restaurants have opened in Boquete. The high season that starts on November 1 and runs until April 30th. Several other businesses oriented to serve tourists have flourished in Boquete: golf, river rafting, trekking and hiking, canopy tours, biking and many other outdoor activities for visitors of all ages. Another main activity that has exponentially grown in Boquete is the real estate industry. Close to 20 agencies both local and international have found fertile soil in Boquete.

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Auction Information
PRE-SALE INSPECTION: An Albert Burney representative will be available from September 4th thru auction day between 10:00 AM to 5:00 PM. For more information call (800) 434-1654. SHOWN BY APPOINTMENT ONLY - CALL TO SCHEDULE A TOUR!

AUCTION SITE / AUCTION OFFICE:Rancho de Caldera, Caldera, Panama.

AUCTION REGISTRATION: Registration begins at 10:00 A.M. on Auction Day. Auction begins at 11:00 A.M.

TERMS: Ten percent (10%) down Auction Day with closing on for before October 13, 2014. Funds in the amount of $50,000.00 USD will be required to bid. Call for details.

AUCTION FEE: A 10% auction fee will be added to the high bid price to arrive at the contract price paid by the purchaser.

BROKER PARTICIPATION: Broker participation is welcome. Call for guidelines: (800) 434-1654 or (256) 543-1654.

DIRECTIONS TO: TBA

DISCLAIMER: All information is taken from sources believed reliable; however, no guarantee is made by the Auction Company, Broker, or Seller. Buyers should satisfy themselves as to any inspections prior to bidding. Any announcements made the day of the auction supersede all advertising.

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