Aerial view of development land with main road frontage on Via España ideal for mixed-use tower

Land: Corner development land on Via España with 80 meters main street exposure.

Urban skyline with prime commercial development lot on main road Via España in Panama City

Land: Central Panama City neighborhood around Obarrio and Via España showing lot surroundings.

Prime corner lot on Via España in Obarrio for high-rise mixed-use development project in Panama City

Land: Excellent location for up to 15-story tower in central Obarrio district.

Vacant land plot along busy commercial artery Via España suitable for retail or apartment project

Land: Zoned for up to 15 floors, ideal for commercial or residential project.

High angle overlooking available land on Via España in Obarrio with city skyline backdrop

Land: Obarrio area development lot well suited for high-density project near metro station.

City plot on main avenue Via España ideal for mid-rise residential commercial building in Obarrio

Land: Flat land with zoning for 15 floors development near busy amenities.

Corner plot with wide street frontage on main Via España in central Panama City Obarrio El Cangrejo area

Land: High profile location ideal for commercial or residential tower development.

Land for Sale

Prime Development Lot for Sale on Via España Panama City

Via España / Obarrio / El Cangrejo, Obarrio, Panama City

USD1,650,000

About this Land

Exceptional development opportunity on busy Via España in Panama City’s Obarrio-El Cangrejo sector. This flat 1,350 m² lot boasts 80 meters of prime main street frontage in Panama’s commercial core. Zoned ZM6, it permits up to 15 stories — perfect for residential tower, offices, retail center or hotel. Surrounded by banks, clinics, hospitals, supermarkets and metro station, ensuring visibility and access. All utilities are on site. Asking $1,650,000 — approx. $1,222 per m². Ideal investment for developers looking for high-density, mixed-use projects in a vibrant, well-connected neighborhood. Contact Casa Nova Realty Panama to unlock this rare opportunity.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 7FkgEk1.

Key Features

1,350 m² flat corner lot
80-meter frontage on Via España
ZM6 zoning allows up to 15 stories
Central business district location
Ideal for residential tower, retail plaza, mixed-use
High vehicle and pedestrian traffic
Close to metro and multiple amenities
Utilities connected

Property Details

TypeLand

CategoryDevelopment

Lot Size1350 m²

FurnishedNo

Pets AllowedNo

Listing ID7FkgEk1

Community Amenities

Wide street frontage

Approximately 80 meters of main street visibility

Urban zoning ZM6

Allows construction up to 15 floors, multiuse potential

Central location

In the core business-commercial-residential area

Utilities on site

Sewage, water, electricity and fiber infrastructure available

Flat terrain

Ideal for immediate development with minimal land prep

Location & Nearby

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Neighborhood Highlights

Located directly on Via España, one of Panama’s main commercial corridors
High foot and vehicle traffic area ideal for retail, mixed-use, apartments or hotel
Surrounded by banks, restaurants, hospitals, clinics, office towers
Close to El Carmen metro station for easy transit connectivity
Established cosmopolitan neighborhood with residential and corporate zones

Nearby Landmarks

El Carmen Metro Station (350m)
Hospital Nacional (1 km)
Supermercado Rey (400m)
Financial District Calle 50 (900m)
Multiplaza Pacific Mall (2.3 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: 7FkgEk1. Last updated: 2025-11-07T23:59:00Z*