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.