Isla Aguja, San Miguel

Isla Aguja, San Miguel

Balboa District, Isla del Rey, Panama · 3700.0 acres · Freehold

$12,500,000 USDListed 1 days ago
Acreage
3700.0
Price/acre
$3,378 USD
Ownership
Freehold
Development
Non Developed

About This Island

Expansive and diverse territory, over 18 kilometres of premier ocean frontage, abundant wildlife, dense flora, natural anchorages with deep water access, and valuable isolation – the allures of this listing cannot be overstated. Spanning an excess of 1500 hectares (seven-and-a-half being Isla Aguja), this listing is divided between a large parcel of Panama’s famous Isla del Rey and the entirety of Isla Aguja. Given the sheer scale of the property on offer, there is, understandably, a valuable diversity of landscape: investors can expect pristine beaches, rocky outcroppings, sheltered coves, thick forestland, natural springs, and varying topography. A developmental master plan, pertaining to 160 hectares of the land and formulated by three international architectural firms, is also included in this property’s sale. An unprecedented investment opportunity with vast scope.

Insights

Everything You Need To Know

Location
Panama
Approximate
Climate & Risk

Caribbean

Elevated Storm Risk
Monthly Probability Of Named Storm
1%
1%
1%
1%
2%
8%
15%
35%
55%
30%
8%
2%
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Best Months To Visit
December – April
Avoid
August – October
Avg Named Storms / Year
14.4
Major Hurricanes (Last Decade)
11
The Caribbean hurricane belt sits north of 12°N latitude. Southern Caribbean (Aruba, Curaçao, Trinidad, Grenada) lies below this line and historically sees less than one major storm per decade — about 1/10th the risk of Bahamas or Cayman.
Sources: NOAA NHC, IPCC AR6, World Bank Climate Knowledge Portal · Updated 2026
Buying In Panama

Foreign Ownership Permitted

Foreigners have same property rights as citizens.

Ownership
freehold, right of possession
Transfer Tax
2% transfer tax
Annual Property Tax
0.5-2.1% (progressive)
Closing Time
30-60 days
Legal Fees (typical)
9.0% of price
Required Permits
None required
True Cost Estimator

What This Island Will Actually Cost

Beyond the asking price: closing, infrastructure, and the first year of operating costs.

$12.5MUSD
$300K$50M
Year-One Total Cost
$14,270,0001.1× Purchase
Purchase
$12,500,000
Closing Costs (~7%)
$875,000
Infrastructure
$420,000
Year 1 Operating
staff + tax + insurance + maint
$475,000
$12,500,000 USD
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