HIGH-POTENTIAL INVESTMENT LAND IN BELLA VISTA – 703 SQ. M..
For Sale

$ 885,599.00

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listing details
  • Listing ID: 002604526044
  • Property type: Lot/Land
  • Contract type: For Sale
  • Price: $ 885,599.00
  • Listed by: RE/MAX 507
  • Lot size: 703.00 Sq. Mt. - 7,567.02 Sq Ft.
Description

Excellent investment opportunity in Bella Vista, El Cangrejo, one of Panama City's most established urban areas and an attractive location for residential and commercial development.

The property offers 703 sq. m. of land, with a flat and rectangular configuration, providing excellent conditions for development. It is strategically located on Calle 44 Este, approximately 140 meters from Via España and 750 meters from Avenida Balboa, surrounded by residential, commercial, hotel and corporate developments.

The property has MP-RM3-C2 zoning, allowing for the development of multifamily buildings with commercial spaces on the ground floor, with a maximum net density of 1,500 people per hectare, creating attractive possibilities for a mixed-use project.

According to the appraisal, the highest and best use for the vacant land is high-intensity commercial use, supporting its potential as a development and investment asset.

Investment Highlights



  • 703 sq. m. of land

  • Strategic location in Bella Vista – El Cangrejo

  • Flat and rectangular lot

  • 18.50 m frontage x 38 m depth

  • MP-RM3-C2 zoning

  • Potential for residential and commercial development

  • Approximately 140 meters from Via España

  • Approximately 750 meters from Avenida Balboa

  • Established urban area with residential, commercial, hotel and corporate activity

  • Strong potential for long-term development and appreciation.


A strategic location, highly usable land and multiple development possibilities make this an attractive opportunity for investors seeking to establish a presence in one of Panama City's most consolidated areas.

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