This document describes a new vacation-retirement home for sale in Boca Chica, Panama. The 2,120 square foot home has 2 bedrooms and 2.5 bathrooms, an open kitchen and living area, and outdoor spaces like patios and a plunge pool. It is the first of only four custom homes to be built on a 4.5 acre hilltop near Boca Chica. The home is priced at $274,500 with a $10,000 discount until December 2011. Purchasers would pay a small monthly maintenance fee but no homeowners association restrictions.