Corner lot with tall mature trees, fenced front and parked cars in El Cangrejo Panama City

Exterior: Vacant development lot shaded by large trees on prime corner location.

Existing single-story structure shaded by trees on development land El Cangrejo Panama

Exterior: Residential structure with yard, potential site for redevelopment.

Empty lot with fence and mature trees in central El Cangrejo neighborhood Panama City

Exterior: Vacant parcel ready for development, surrounded by greenery.

Aerial map view showing two adjacent 900m2 land parcels outlined in red El Cangrejo Panama

Aerial view: Satellite image with site boundaries, excellent overview of project location.

Overview aerial of development parcels with labeled streets in El Cangrejo Panama

Aerial view: Clear aerial map with street labels showing exact site position.

Development Land for Sale

Two Adjacent 900m² ZM7 Development Lots El Cangrejo Panama

El Cangrejo, Bella Vista, Panama City

USD1,170,000

About this Development Land

Two premium adjacent lots of 900 m² each (total 1,800 m²) available in the coveted El Cangrejo neighborhood, Panama City, with high-density mixed-use ZM7 zoning ideal for residential, commercial, or hotel projects up to 10 floors. One lot includes existing improvements, while the other is vacant land. Surrounded by vibrant dining, shopping, universities, cultural centers & metro. Both feature mature trees, flat terrain and all city services. A rare redevelopment opportunity in one of Panama's hottest walking districts. Excellent investment potential. Negotiable starting at $1,170,000. Contact Casa Nova Realty Panama today.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 4xYsB2Y.

Key Features

Two 900 m² developable lots with ZM7 zoning for high-density
Ideal for residential or commercial mid-rise up to approx. 10 stories
Corner & interior parcels both available
Flat land, mature shade trees
Fully urbanized with infrastructure connection
Near universities, metros, shopping and parks
Perfect for investor or developer seeking prime Panama City site

Detailed Features

Property Details

TypeDevelopment Land

CategoryCommercial/Residential

Lot Size900 m²

FurnishedNo

Pets AllowedNo

Listing ID4xYsB2Y

El Cangrejo Development Lots Amenities

Developable flat parcels

Two adjacent 900m² lots, ideal for medium-rise or mixed-use building projects with approved zoning.

ZM7 Zoning

Permits high density residential, commercial, or hotel development up to 10 floors.

City water, power & infrastructure access

Fully serviced urban lots with existing utility access.

Mature shade trees

Enhance the environment and offer street appeal.

Easy access roads

Situated on main neighborhood streets, close to major arteries.

Location & Nearby

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Neighborhood Highlights

High-demand residential and mixed-use district
Walking distance to Via Argentina metro station
Near Universidad de Panamá, UMECIT, UPI, Colegio La Salle
Close to Parque Andrés Bello, supermarkets, restaurants, banks
Vibrant nightlife and cultural attractions

Nearby Landmarks

Universidad de Panamá (350m)
Via Argentina Metro Station (450m)
Parque Andrés Bello (500m)
UMECIT & UPI Universities (550m)
Colegio La Salle (900m)
Multiplaza Pacific Mall (2.2km)

*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: 4xYsB2Y. Last updated: 2025-11-07T23:59:00Z*