Highlighted aerial view of 6.4-hectare development plot adjoining residential area El Crisol Panama City

Aerial: Google Maps-style overhead photo showing the sizable marked plot amidst residential housing blocks.

Land for Sale

Investment Development Land El Crisol RM1 Zoning Panama

El Crisol, San Miguelito, Panama City

USD2,325,000

About this Land

Excellent investment opportunity: large 64,497 m² urban plot located in El Crisol, San Miguelito district, Panama City. Perfect for residential housing projects, mixed development or investment, benefiting from RM1 high-density zoning. The property sits adjacent to residential complexes PH Villasol and Sun Village, with dual access from El Crisol neighborhood and main road Avenida Rafael E. Alemán. Dense residential zone with growing demand, close to metro station, shopping centers, schools and services. Valued at $3,100,000 (2023 appraisal), offered now at $2,325,000 – 25% below appraisal, negotiable. Features utility access, good road connectivity, developable topography. Ideal for construction of apartments, townhouses or commercial-residential mix. Direct contact Maria Lopez, Casa Nova Realty Panama.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 4ERp8Be.

Key Features

Extensive 64,497 m² plot with RM1 zoning
Suitable for multi-unit apartment development
Corner access between El Crisol and Avenida Rafael E. Alemán
Valuation at $3.1 million, 25% under appraisal price
Urban utilities nearby
Adjacent to residential complexes and commercial areas
High investment potential in Panama City expanding zone

Detailed Features

Property Details

TypeLand

CategoryInvestment / Development

Lot Size64497.27 m²

FurnishedNo

Pets AllowedNo

Listing ID4ERp8Be

El Crisol Development Area Amenities

Main street frontage

Direct access from Avenida Rafael E. Alemán.

Multiple access roads

Ingress possible via El Crisol neighborhood.

Urban utility connections

Water, electricity and sewer infrastructure available nearby.

Proximity to commercial zones

Shopping and essential services within minutes.

Location & Nearby

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Neighborhood Highlights

Adjacent to PH Villasol and Sun Village residential complexes
Borders Avenida Rafael E. Alemán, a main access road
Dense residential surroundings ideal for housing development
Convenient access to El Crisol neighborhood and Rufina Alfaro
Urban area with schools, commercial zones, supermarkets nearby
Public transport routes available in surrounding avenues

Nearby Landmarks

Metro El Crisol Station (800m)
Super 99 El Crisol (600m)
Roberto Kelly Hospital (2.5 km)
Brisas del Golf Shopping Plaza (3 km)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 4ERp8Be. Last updated: 2025-11-07T23:59:00Z*