Isla San Jose, Boca Chica

Isla San Jose, Boca Chica

Chiriquí Province, Boca Chica, Panama · 50.0 acres · Information upon request

$4,500,000 USDListed 1 days ago
Acreage
50.0
Price/acre
$90,000 USD
Ownership
Information upon request
Development
Non Developed

About This Island

Another island trio, these connected properties offer white-sand beaches, native forestland, abundant land and marine life, and pockets of developable land. The three entities, comprised of a main island (16 hectares) and two smaller plots (3.3 hectares and 1.3 hectares, respectively), combine for a total of 20 hectares and are located just off the limb of Boca Brava – one of Chiriquí Province’s largest islands. Not only are the islands themselves natural havens, but they also stand to serve as a gateway to the landscapes beyond. The waters surrounding San José are noted for their marine diversity, with adult humpback whales and their young migrating along the coast between September and November. The nearby mainland also shines as a hub for outdoor adventure, offering activities such as hiking, rafting, climbing, and ziplining. As gateways to Panama’s great outdoors or as private sanctums, the San José trio make an attractive pitch to prospective investors.

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.

$4.5MUSD
$300K$50M
Year-One Total Cost
$5,470,0001.2× Purchase
Purchase
$4,500,000
Closing Costs (~7%)
$315,000
Infrastructure
$420,000
Year 1 Operating
staff + tax + insurance + maint
$235,000
$4,500,000 USD
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