Spectacular and negotiable commercial land for sale located in the prestigious Santa María Business District, one of the most exclusive and strategically positioned corporate hubs in Panama City.

This is a rare opportunity to secure a large-scale development parcel in a highly consolidated premium business environment.

Property Overview

• Location: Calle 1era, PH Santa María Business District, Lot 36


• Land Area: 149,295 square feet
  (Equivalent to 13,869.47 m²)


• Zoning: High-Density Commercial – No height restriction


• Topography: Mostly flat with a slight slope


• Asking Price: US$14,350,000


• Price per square foot: ≈ US$96.11 / sq ft

Strategic Advantages

Prime Corporate Location

Situated within the core of Santa María Business District, surrounded by Class A office towers, luxury residential developments and high-end commercial activity.

The site benefits from direct connectivity to:

• Corredor Sur Highway


• Costa del Este


• Tocumen International Airport


• Panama City’s Financial District

A premier corporate address suitable for institutional or landmark development.

Significant Land Size

With approximately 149,295 sq ft, this parcel offers exceptional flexibility for:

• Corporate tower development


• Mixed-use complex


• Business or medical campus


• Corporate headquarters


• Institutional or commercial flagship project


• Iconic high-rise development

The lot size allows efficient master planning, phased development strategies, structured parking integration and value maximization.

Exceptional Development Potential

The High-Density Commercial zoning with no height restriction provides outstanding design flexibility and vertical development capacity.

This allows developers to maximize leasable area ratios and create a signature architectural presence within one of Panama’s most valuable submarkets.

The mostly level topography simplifies site implementation and architectural planning.

Market Positioning

Comparable commercial lots within Santa María Business District are currently being offered at up to US$1,300 per square meter, equivalent to approximately:

US$120.77 per square foot

This property is offered at approximately:

US$96.11 per square foot

Representing a competitive positioning within the premium market segment of the district.

Ideal Buyer Profile

• Institutional developers


• Real estate investment funds


• Family offices


• Corporations seeking headquarters


• Long-term strategic investors

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