Isla Porcada, Quebrada de Piedra
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Isla Porcada, Quebrada de Piedra

Gulf of Chiriquí, Pacific Coast of Panama · 924 acres · Freehold

$10,800,000 USDListed 71 days ago
Acreage
924
Price/acre
$11,688 USD
Ownership
Freehold
Development
Developed

About This Island

Isla Porcada is 924 acres of working Pacific island, a substantial freehold property currently operating as a cattle and horse ranch, just off the coast of Panama's Chiriquí Province.

This is not the usual luxury island proposition. Most private islands for sale at this latitude are small, undeveloped, and presented as raw potential. Isla Porcada is the opposite: roughly 374 hectares with rolling pasture and forest, a central plateau, freshwater springs, a standing herd, working agricultural infrastructure, an owner's residence, a farm house, a caretaker's house, four staff buildings, and an overgrown private airstrip that could be reactivated with the proper authorisations.

It is a productive, lived-in property, and it is for sale.

The Land

Approximately 374 hectares, divided between cultivated pasture, native tropical forest, the central plateau, and the coastal margins. Several beaches around the perimeter. The Pacific Ocean to the west, the rainforest-draped peaks of mainland Panama to the east.

Water is the rare property of this island. A freshwater spring rises on site, supplemented by abundant ground water, which is why the cattle and horse operation has worked here for generations. Most Pacific islands at this latitude require desalination or aggressive rainwater capture. Isla Porcada is one of the few that does not.

The terrain is varied enough to carry multiple distinct uses simultaneously. The lower pasture is what currently grazes the herd. The plateau holds the natural location for a high-elevation residence or the planned guest house, with the panoramic Pacific views that the elevation provides. The forested interior holds tropical hardwoods, native fauna, and the kind of low-development quiet that becomes rarer in this region every year. The coastline holds the working ranch dock and the beaches that a private estate or resort development would use.

The Buildings

The existing built footprint is substantial for a working agricultural island:

  • The owner's residence, the main private dwelling on the property
  • A farm house, used for the cattle and horse operations
  • A caretaker's house, with year-round on-site management
  • Four staff buildings, accommodating the ranch's working team
  • Plans for an additional guest house on the plateau, with the architectural and permit work already advanced

The island is off-grid by design, with electricity supplied by a reliable solar power system and battery storage. For a buyer prioritising resilience, energy independence, or carbon footprint, this is one of the cleaner-running large private islands in Central America. Cell phone coverage is good, so the working ranch has stayed connected without depending on mainland utility infrastructure.

The Working Ranch

The cattle and horse operation is the property's defining current identity, and it is what gives the island its distinctive market position.

Working private island ranches are rare. Most large Pacific freehold islands of this scale have been left undeveloped or converted to monoculture. Isla Porcada has been operated as a productive agricultural property for an extended period, with an established herd, working corrals, cattle handling infrastructure, and the daily rhythm of a Latin American hacienda that happens to be surrounded by water.

For a buyer with equestrian interests, the property opens directly into the niche of stud farms and breeding operations, with a combination of complete privacy, established equine infrastructure, year-round pasture, and proximity to Latin America's growing polo and equestrian-tourism scene. Panama's equestrian community is small but well-connected to Colombia, Argentina, and the broader Latin American sporting calendar.

For a buyer simply attracted to the romance of an island ranch, the property is already operating, and the existing staff can continue under new ownership.

Development Considerations

The 924-acre footprint is large enough to carry several distinct development positions simultaneously. Five directions are credible:

A private estate. A signature residence on the plateau with the planned guest house, the ranch retained as a working agricultural and lifestyle asset, and the remaining acreage held as a private nature reserve. The compound footprint occupies a small fraction of the land.

A boutique luxury resort. The island sits in the same waters as Isla Palenque, the Michelin Two-Key-rated resort 30 minutes south, which has demonstrated the market for refined boutique tourism in the Gulf of Chiriquí. Isla Porcada's scale could carry a low-density resort in the manner of the leading Costa Rican and Belizean luxury operations.

An equestrian or stud farm. The current use, refined and elevated. A serious luxury equestrian operation on a private Pacific island would be the only one of its kind globally.

A subdivision development. Subdivision is permitted on the property, which opens the path to a controlled-density luxury village or compound-community of private estate parcels with shared dock, airstrip, and conservation common areas. Subdivision in Panama's coastal real estate has well-established precedent.

A golf-and-residence resort. The island has been previously evaluated for golf course development, and the terrain and Pacific climate are well-suited to a course with associated residential lots. Latin American golf real estate has emerged as a serious asset class over the past decade.

Combinations of these positions can coexist on the property.

The Setting

The Gulf of Chiriquí is one of Central America's most ecologically rich and least-developed marine regions, and one of the more interesting emerging luxury destinations in the Western Hemisphere.

Coiba National Park, immediately to the south, is a UNESCO World Heritage Site (inscribed 2005), one of the largest marine parks in the world, and one of the most important refuges in the Eastern Pacific for whale sharks, humpback whales (Northern and Southern Hemisphere populations both pass through), bottlenose dolphins, hammerhead sharks, sea turtles, and the kind of biodiversity inventory that has drawn marine biologists, dive operators, and conservation organisations from across the world. The park has been described as the Galápagos of Central America.

Isla Palenque, the Michelin Two-Key boutique resort 30 minutes south, is the regional reference point for high-end tourism, with eight casitas tucked into the forest, a six-bedroom Villa Estate, seven private beaches, and a culinary programme rooted in local ingredients. Its success has demonstrated the market for refined Gulf of Chiriquí tourism without crowding it.

Boca Chica is the small coastal village that serves the islands of the Gulf, the gateway to charter boats, fishing operations, and the regional dive industry.

The city of David, 45 minutes inland, is the regional capital of Chiriquí Province and the second-largest city in Panama, with full hospital services, supermarkets, restaurants, the regional airport (Enrique Malek), and the rapidly-growing expatriate community that has made Boquete and the wider Chiriquí highlands one of Latin America's leading retirement and lifestyle destinations.

Boquete, in the highlands above David, is one of the world's most celebrated specialty coffee regions, with farms producing some of the highest-priced single-origin lots at auction globally.

Panama: The Country

Panama is one of the easiest jurisdictions in the world for international property ownership. Foreign buyers can hold freehold title directly under exactly the same terms as Panamanian citizens, with no nationality restrictions on residential or agricultural real estate outside the small coastal-strip and border-strip zones, neither of which affects this property.

The country uses the US dollar as legal currency, has a stable democratic government and a treaty-based relationship with the United States, and operates one of the world's leading expatriate ownership ecosystems through its Friendly Nations Visa, Pensionado, and Qualified Investor residency programmes. Panama's tax structure is territorial: foreign-source income is not taxed by Panama for non-resident foreigners. A licensed Panamanian property lawyer should structure the transaction.

For a North American or European buyer, Panama's combination of accessibility, currency stability, and ownership-friendliness is essentially unmatched in Latin America.

Access

  • From the United States or Europe to Panama City (Tocumen International, PTY): direct flights from Miami (3 hours), Newark, Houston, Los Angeles, Madrid, Amsterdam, and most major Latin American capitals
  • From Panama City to David (Enrique Malek Airport, DAV): approximately 50 minutes by direct domestic flight, multiple daily departures on Copa Airlines
  • From David to the boat dock at Boca Chica: approximately 45 minutes by car
  • From Boca Chica to Isla Porcada: approximately 20 to 30 minutes by boat
  • By waterplane: direct seaplane charter is available from David to the island's coast
  • The on-island airstrip: currently overgrown, but reactivation is possible under the right authorisations, which would allow direct light-aircraft arrivals onto the property itself

A buyer flying into Panama City in the morning is on the island for sundown the same day.

The Position

Isla Porcada is a rare category of property: a 924-acre freehold private island with substantial existing infrastructure, freshwater springs, off-grid solar power, an established working agricultural operation, an overgrown but reactivatable private airstrip, and the legal and structural foundations for five distinct development positions. It sits in one of Central America's most ecologically significant marine regions, adjacent to a UNESCO World Heritage Site, in a country whose ownership framework is genuinely friendly to international buyers.

For the buyer evaluating a serious Western Hemisphere private island acquisition, few comparable properties exist on the open market. The combination of scale, water, terrain, infrastructure, ranch operations, and legal accessibility is unusual to find together. When it does come up, it tends not to stay long.

Insights

Everything You Need To Know

Location
Panama
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Historical Satellite

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2026 · Current
Drag to pan · Scroll to zoom · Maps stay in syncPast: Esri Wayback Archive · Present: Esri World Imagery / Maxar
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.

$10.8MUSD
$300K$50M
Year-One Total Cost
$12,400,0001.1× Purchase
Purchase
$10,800,000
Closing Costs (~7%)
$756,000
Infrastructure
$420,000
Year 1 Operating
staff + tax + insurance + maint
$424,000
$10,800,000 USD
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