Land for Sale in El Cangrejo, Bella Vista | 990 m² | with RM2 Zoning | Half a Block from Vía Argentina.
For Sale

$ 990,000.00

This property has been viewed 137 times.

listing details
  • Listing ID: 003244131102
  • Property type: Lot/Land
  • Contract type: For Sale
  • Price: $ 990,000.00
  • Lot size: 990.00 Sq. Mt. - 10,656.26 Sq Ft.
Description

Excellent real estate investment opportunity in El Cangrejo, one of the most strategic, established and walkable areas of Panama City. This property is located just half a block from Vía Argentina, in an area with strong residential, commercial, institutional and service-sector demand.

The property features a 990 m² lot, RM2 zoning and an approximate enclosed construction area of 492.60 m², offering significant potential for the development of a residential, mixed-use, institutional, medical, educational or commercial project, subject to the corresponding approvals.

Currently, the property includes an existing multi-level structure composed of four apartments, commercial areas, offices, operational spaces, parking areas and independent sections. This layout provides the flexibility to make use of the current infrastructure while evaluating, planning or developing a new project.

MAIN FEATURES:

-> 990 m² lot
-> Approximate enclosed construction area of 492.60 m²
-> RM2 zoning
-> Sale price: USD 990,000
-> Prime location in El Cangrejo, Bella Vista
-> Half a block from Vía Argentina
-> Excellent connectivity and easy access
-> Area with strong residential, commercial and service-sector demand
-> Existing infrastructure with multiple independent spaces
-> Excellent balance between location, lot size and development potential

IDEAL FOR:

-> Residential building development
-> Boutique apartment project
-> Mixed-use residential and commercial project
-> Medical clinic, healthcare centre or specialised consulting rooms
-> School, academy or educational centre
-> Corporate offices
-> Wellness or integral health centre
-> Assisted living residence
-> Apartments for traditional rental or short-term rental, subject to current regulations

This property represents a rare opportunity in El Cangrejo, especially due to its location near Vía Argentina, lot size, zoning and the flexibility of use offered by the existing infrastructure.

An ideal option for investors, developers and companies looking for a high-potential real estate asset in one of the most dynamic and sought-after urban areas of Panama City.

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