4,267 m² development lot at entrance of Condado del Rey near Alta Plaza Mall Panama City

Exterior: Prime flat land with main avenue access, mixed-use zoning near residential towers and shopping mall.

Urban high-rise towers, residential condos and commercial retail near development land in Condado del Rey Panama

Neighborhood view: Surrounding built environment showcasing apartments and commercial strip along strategic growth corridor.

Corner lot entrance on main road Ave. Ricardo J. Alfaro perfect for high-rise or retail project Panama City

Street view: Frontage along main thoroughfare ideal for commercial or residential tower with excellent exposure.

Land for Sale

4,267 m² Mixed-Use Development Land for Sale Condado del

Condado del Rey, Betania, Panama City

USD3,950,000

About this Land

Opportunity to acquire 4,267 m² of strategically located flat land right at the entrance of booming Condado del Rey corridor. The lot offers excellent exposure with corner access along Ave. Ricardo J. Alfaro, benefiting from mixed commercial-residential RM3C2 zoning, permitting high-density apartment buildings, offices, retail, or mixed projects. Perfectly positioned just steps from Alta Plaza Mall, top universities and multiple residential towers, with rapid growth and traffic. Ideal for a tower development, shopping center, or educational facility. Priced at $3,950,000 (20% below appraisal), this titled property is a unique Panama City land investment opportunity. Contact Casa Nova Realty Panama today to visit or request zoning details.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 3ePzhYp.

Key Features

4,267 m² flat titled land
Mixed RM3C2 zoning for commercial & residential
Corner access on main avenue
High visibility and traffic area
Close proximity to universities and malls
Excellent growth corridor
Ideal for tower, retail, or mixed-use development
Discounted price 20% below market

Detailed Features

Property Details

TypeLand

CategoryCommercial & Residential Development Land

Lot Size4267 m²

FurnishedNo

Pets AllowedNo

Listing ID3ePzhYp

Condado del Rey Commercial-Residential Zone Amenities

Mixed-Use Zoning (RM3C2)

Permits commercial and residential development of high density

Corner Location

Access on main road facilitating logistics or retail visibility

Infrastructure Nearby

Electricity, high-capacity water and sewage lines nearby

Flat Topography

Mostly level, ready for construction with minimal land movement

Location & Nearby

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Neighborhood Highlights

High-traffic growth corridor
Close to universities (Tecnológica, Latina)
Major shopping malls nearby: Alta Plaza Mall
Supermarkets, banks, fast food chains
Easy highway connection towards North and City center
Mixed residential and commercial environment

Nearby Landmarks

Alta Plaza Mall (300m)
Universidad Tecnológica (1 km)
Universidad Latina (700m)
El Dorado Mall (2 km)
City of Knowledge (4 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: 3ePzhYp. Last updated: 2025-11-07T23:59:00Z*