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Aerial image of 1797 m² vacant development lot on corner of Vía España and Calle 67 Este in downtown Panama City, surrounded by commercial buildings
Aerial view: Prime corner land parcel highlighted for sale along Via España in central Panama City.
Land for Sale

Prime Development Lot Vía España Downtown Panama in El Cangrejo

Obarrio / Vía España Corridor, El Cangrejo, Panama City

USD2,200,000

About this Land

Strategically located corner parcel measuring 1,797 m² with 55 meters frontage directly on Vía España, one of Panama City's key commercial corridors. Surrounded by banks, supermarkets, retail, offices, residential towers, and within walking distance of metro stations. Ideal opportunity for a commercial plaza, residential tower or mixed-use development up to high density zoning criteria allowed in this booming area. Exceptional exposure with two-street access, flat topography ready to build. Sale price $2,200,000 ($1,224/m²). An excellent long-term investment and development site in downtown Panama City. Contact Casa Nova Realty Panama and Maria Lopez today for details.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2L8DgCy.

Key Features

  • Flat corner lot with 55m front on main road
  • Mixed-use zoning suitable for commercial and residential
  • Ideal downtown location in El Cangrejo / Obarrio sector
  • High vehicular and pedestrian traffic
  • Close to metro and bus routes
  • Perfect for vertical redevelopment projects

Detailed Features

Property Details

TypeLand
CategoryCommercial / Development
Lot Size1797 m²
FurnishedNo
Pets AllowedNo
Price/m²USD1,224.26 / m²
Listing ID2L8DgCy

Location & Nearby

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Neighborhood Highlights

  • Prime corner along Vía España in heart of downtown
  • High visibility on major transit route
  • Dense mix of commercial, retail, offices, apartments
  • Walking distance to metro stations and bus lines
  • Ideal for vertical mixed-use redevelopment

Nearby Landmarks

  • Hospital San Fernando (400m)
  • Universidad de Panamá (600m)
  • Iglesia del Carmen Metro (700m)
  • Multiplaza Pacific Mall (2.5 km)
  • Obarrio Office District (500m)
*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: 2L8DgCy. Last updated: 2025-11-07T23:59:00Z*

Frequently Asked Questions

What is the price for this land?
The asking price for this land is $2,200,000 USD.
Where is this land located?
This land is located in El Cangrejo, Panama City, Panama. Contact Casa Nova Realty for the exact address and to schedule a viewing.
What is the size of this land?
This land has a total area of 1797 square meters (0.18 hectares). Contact Casa Nova Realty for more details about the property boundaries and specifications.
How can I schedule a viewing of this land?
To schedule a viewing, contact Casa Nova Realty Panama at +507-6361-1367 (phone or WhatsApp) or email info@casanova.realty. Our bilingual team is available Monday-Friday 9AM-6PM and Saturday 10AM-2PM.
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