Exterior View: Prime Vía España development lot surrounded by Panama’s commercial center and skyline.

Land for Sale

32,000m² Commercial Development Land for Sale Vía España in

Obarrio / Vía España corridor, El Cangrejo, Panama City

USD24,000,000

About this Land

Exceptional opportunity to acquire a centrally located 32,000 m² development lot on Panama City's main artery—Vía España, in the vibrant area of El Cangrejo and Obarrio. Approved environmental impact study permits immediate development. Zoned for mixed-use commercial and residential towers, shopping centers, hotels, or corporate headquarters. High-traffic frontage offers excellent visibility and access, perfect for large-scale high-rise or commercial projects. Price set at $750/m² totaling $24,000,000. Surrounding amenities include metro stations, malls, parks, and business centers, making this a highly strategic investment asset in the heart of Panama City. Contact Casa Nova Realty Panama and agent Maria Lopez today for a viewing and more details.

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

Key Features

32,000 square meter lot with high development potential
Mixed commercial and residential zoning with approved environmental permit
Frontage directly on Vía España main artery
Ideal for business complex, shopping mall, condo towers
Central business district location
Excellent transit access including Metro station
High-visibility and high-traffic area

Detailed Features

Property Details

TypeLand

CategoryCommercial

Lot Size32000 m²

FurnishedNo

Pets AllowedNo

Price/m²USD750.00 / m²

Listing ID3uGjJLs

Location & Nearby

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Neighborhood Highlights

High-traffic arterial road Vía España
Located in Obarrio and El Cangrejo prime commercial corridor
Central access to banking district and commercial core
Dense urban environment with retail, offices, residential
Ideal for high-rise development, shopping center or mixed use

Nearby Landmarks

Iglesia del Carmen Metro Station (300m)
Parque Andres Bello (400m)
Soho Mall Panama (1 km)
Banco General Corporate Center (600m)
Hospital Paitilla (1.2 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: 3uGjJLs. Last updated: 2025-11-07T23:59:00Z*

Frequently Asked Questions

What is the price for this land?

The asking price for this land is $24,000,000 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 32000 square meters (3.2 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.