RM2 DEVELOPMENT LOT FOR SALE IN EL CANGREJO - 974.5 m² | PRIME DEVELOPMENT & INVESTMENT OPPORTUNITY.
For Sale

$ 1,300,000.00

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listing details
  • Listing ID: 445680651
  • Property type: Lot/Land
  • Contract type: For Sale
  • Price: $ 1,300,000.00
  • Lot size: 974.55 Sq. Mt. - 10,489.96 Sq Ft.
Description

Land for Sale in El Cangrejo – 974.55 m² with High Development Potential

Located in the heart of El Cangrejo, one of the most central and sought-after areas of Panama City, this land represents an excellent opportunity for investors and developers seeking a strategic and versatile asset.

With 974.55 m², flat topography, and RM2 zoning (Medium Density Multifamily Residential), this land allows for the development of a medium-scale project in a well-established urban area.

Its prime location, surrounded by shops, restaurants, parks, and immediate access to main roads, ensures a consistent demand for both sales and rentals.

What can be developed on this land?

  • Vertical residential project: Ideal for boutique apartments or rental units.
  • Mixed-use project: Combination of commercial spaces on the ground floor with apartments or offices on upper levels.
  • Rent-oriented development: Potential for short or long-term rentals, subject to current regulations.

El Cangrejo is an area with high real estate liquidity and constant demand, making this land a solid option for immediate development or investment.

Price: $1,300,000 (negotiable)

Contact us for more information or to schedule a visit.

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