Description

El Cangrejo, Bella Vista – just half a block from Via Argentina
Asking Price: USD 990,000

Exceptional corner opportunity in one of the most strategic and sought-after locations in Panama City.

This property sits on a 990 m² lot (approximately 10,656 sq. ft.) with RM2 zoning, offering outstanding redevelopment potential for investors, developers, educational institutions, healthcare operators, or mixed-use concepts.

Currently improved with an existing multi-level structure consisting of FOUR APARTMENTS plus commercial and operational areas, making it suitable for immediate use while planning future development.

PROPERTY HIGHLIGHTS:
Lot Size: 990 m² | Approx. 10,656 sq. ft.
Existing enclosed construction: approx. 5,302 sq. ft.
RM2 Zoning
Half a block from Via Argentina
Located in the heart of El Cangrejo
Excellent accessibility and visibility
High-demand residential and commercial area
One of the best price-positioned opportunities in the zone

IDEAL FOR:
• Residential tower development
• Boutique apartment project
• Medical center or small hospital
• Educational institution or academy
• Corporate offices
• Senior living concept
• Wellness center or clinic
• Mixed-use redevelopment
• Airbnb or serviced apartment concept

The existing infrastructure already includes multiple independent areas, parking spaces, offices, apartments, and operational sections, significantly increasing the flexibility of the asset.

A rare opportunity to acquire a large parcel with development zoning in one of Panama City's most established urban neighborhoods.