Architectural site plan highlighting a large rectangular corner property in El Cangrejo approved for 40-story development Panama

Aerial/Map: Detailed plot plan illustrating boundaries and street access for the development site.

Urban development land with overgrown grass, boundary wall, near Colegio La Salle in El Cangrejo Panama

Exterior: Flat lot covered with natural vegetation and clear view of boundary fence and access road.

Vacant lot on paved street with trees and retaining wall, ideal for residential or commercial tower Panama City

Exterior: Vacant land lot bordered by paved road and lush trees ideal for future construction.

Land Lot for Sale

El Cangrejo Development Land 1375m² Zoned 40 Floors Panama

El Cangrejo / Obarrio Border, El Cangrejo, Panama City

USD2,100,000

About this Land Lot

Rare development investment site in El Cangrejo, city center Panama. Large 1,374.86m² lot directly facing Colegio La Salle with approved high-density mixed urban zoning (ZM8). Permits construction up to 40 stories for residential, commercial, or mixed project, ideal for condo tower or hotel. Flat topography and utilities make it shovel-ready. High pedestrian zone close to Via Argentina metro, banking district & top universities – prime for investors seeking Panama’s fastest-growing urban hub. Listed at $2,100,000 ($1527/m²). Contact Casa Nova Realty Panama for development and zoning specifics.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2HZU2Rr.

Key Features

Corner lot on main road with excellent visibility
Zoning allows up to 40 floors high-rise residential
Suitable for mixed use retail, offices, apartments or hotel
Flat, regularly shaped site for easy building design
High demand area near universities & business district

Detailed Features

Outdoor

Property Details

TypeLand Lot

CategoryCommercial/Residential Development

Lot Size1374.86 m²

FurnishedNo

Pets AllowedNo

Listing ID2HZU2Rr

Community Amenities

Up to 40-story construction permitted

Ideal zoning for high-rise residential or mixed-use development

High density zoning (ZM8)

Supports approx 2000 residents per hectare

Flat rectangular lot

Eases construction and design planning

Public utilities available

Direct access to water, sewer, electricity

Location & Nearby

Loading Map...

Neighborhood Highlights

Central location near Via Argentina and Obarrio
Steps away from Colegio La Salle and major universities
Walking distance to cafes, shops, restaurants
High demand residential and commercial area
Pedestrian-friendly tree-lined streets

Nearby Landmarks

Colegio La Salle (50m)
Via Argentina Metro Station (400m)
Hotel Veneto (300m)
Urracá Park (800m)
Obarrio Banking District (600m)

*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: 2HZU2Rr. Last updated: 2025-11-07T23:59:00Z*