Aerial view highlighting large commercial land plot in Condado del Rey Panama City ideal for mixed-use project

Aerial: Spacious 4265 m² lot surrounded by condos, retail, and highways for prime development.

Panama City commercial development land with nearby condominiums and paved roads for sale

Exterior: Urban setting with residential towers prime for commercial or mixed development.

Highlighted corner lot for commercial and residential project development Panama City

Aerial: Clear marked boundary near main highways, adjacent to universities and retail.

Vibrant Panama City urban commercial hub near lot for sale with retail and residential buildings

Aerial: Dense surrounding retail and residential mix ideal support for new project.

Panama City north aerial view showing city skyline and green backdrop prime location

Aerial: Density and greenery mix highlighting opportunity of developable land.

Urban street with apartment buildings retail and busy commercial zone Panama City

Exterior: Vibrant neighborhood atmosphere near the development lot.

Modern colored high-rise condos and commercial space across from land Panama City

Exterior: Potential integration with existing residential and retail environment.

Colorful high-rise condos and street retail zone across from large corner lot for sale Panama

Exterior: Current developed surroundings emphasize site's value for new project.

High-rise apartments with balconies and colorful accents facing corner commercial lot Panama

Exterior: Ideal corner with multi-story potential, high-traffic commercial corridor.

Land for Sale

Prime Commercial Land for Development Condado del Rey Panama

Condado del Rey, Rufina Alfaro, Panama City

USD4,000,000

About this Land

Exceptional investment opportunity in Panama City! 4,265 m² corner lot located in the thriving Condado del Rey sector, ideal for multi-residential, commercial plaza, or mixed-use projects. Zoned RM3C2 offers flexibility for apartments with commercial ground floors or offices. Positioned at the entry of the neighborhood on a high-visibility road, surrounded by new condominiums, major retailers, universities, banks, supermarkets, and easy highway access. Flat lot with city utilities available. Perfect for developers or investors to capitalize on strong growth in a strategic Panama City hub. Listed at $4,000,000, recently reduced by 15%. Schedule your visit today with Casa Nova Realty Panama, Panama’s experts in top investment real estate.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2NKC8jV.

Key Features

Strategic 4,265 m² land for high-rise or mixed-use
RM3C2 flexible zoning
High traffic area with strong footfall
Flat terrain with asphalt road access
Utilities nearby
Excellent potential ROI
Close to malls, supermarkets, and schools
Ideal for retail plaza, tower residences, or offices

Property Details

TypeLand

CategoryCommercial / Development

Lot Size4265.27 m²

FurnishedNo

Pets AllowedNo

Listing ID2NKC8jV

Condado del Rey Commercial Lot Amenities

Mixed Zoning (RM3C2)

Allows for multi-residential, commercial, and office development.

Existing Paved Access Roads

Direct access from main Vía Condado del Rey.

Proximity to Universities

Near Universidad Tecnológica de Panamá, Universidad Latina, ISAE.

Nearby Public Transportation

Multiple bus routes and future metro expansion planned.

Utility Connections Available

City electricity, water and telecom nearby.

Location & Nearby

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Neighborhood Highlights

Strategic high-traffic commercial corridor
Adjacent to universities and major retail centers
Growing upper middle-class residential neighborhood
Easy access to the North Corridor highway
Lively retail, dining, and services zone

Nearby Landmarks

Altaplaza Mall (1 km)
Universidad Tecnológica de Panamá (500m)
El Rey Supermarket (400m)
North Corridor (Corredor Norte) (700m)
Metromall (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: 2NKC8jV. Last updated: 2025-11-07T23:59:00Z*