Last week our VP of Agriculture, Mr. Andres Lopez, took me to the top of the Jaramillo cluster of 5 farms.
When I was there last year it was a tough, 2 hour long hike (and sometimes a crawl!) but this year I was extremely pleased when we were able to walk to the highest point in around 30 minutes using the brand new roads that the ICFC team have cut into the side of the mountain over the last few months.
From the highest point, at 2,000 meters above sea level (6,560 feet) we could see all 5 farms in this region. A total of 93 hectares (232.5 acres).
Most of which has now been fully planted, with the remainder set to be completed by the end of this year.
For those of you who acquired parcels in the last 2 years, this is where your parcels are located, and you can be extremely proud of the work the team has put in on your behalf.
They have maintained the virgin nature of the forest while carefully engineering a specialty coffee farm with brand new road access.
These high-altitude farms now contain thousands of saplings of the most in-demand varietals in the market today. Namely Caturra, Catuai, Typica, Bourbon, Pacamara and of course, the word famous Geisha.
Your “raw land” is now an operating coffee farm and you can tell your family and friends that you truly do own a piece of a Specialty Coffee Farm in Boquete, Panama!
For those of you who have been following our progress, there are still some parcels left in these farms.
The $18,000 price remains the same for you, for now, even though a lot of the work has been done already to create the access, improve the soil, manage the shade and plant these farms.
By the end of the year these farms will be fully developed and one year closer to production.
So, to reflect the value added by this work, any remaining parcels at that time may be subject to a price increase.
Good news for you existing Owners, at that time you will see an increase in the market value of your parcels!
For those of you who are still watching and waiting, now may be the time to get started.
For those of you who are Owners, it is definitely time to add to your existing parcel portfolio before this planned price increase comes into effect.
We look forward to having you on board!