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Urban Development Land in Obarrio Panama City – 800 m²

$1,200,000

Description

Urban Development Land in Obarrio Panama City – 800 m² Urban Development Opportunity • Mixed Zoning • Prime Location Investment Property • High Connectivity • Strong Demand Area This land parcel is located in Obarrio, Calle 58, Panama City, one of the most established and high-demand urban districts, known for its commercial activity, central location, and proximity to key financial and residential areas. The property offers a total land area of 800 m² (approximately 8,611 sqft), with a frontage of 20 linear meters and a depth of 40 linear meters, providing a well-proportioned lot ideal for urban development. The land is zoned RM3 / MCU3, allowing for residential, commercial, or mixed-use development, making it highly versatile for different project types. Its location offers excellent connectivity, positioned just 500 meters from the Vía Argentina Metro Station, and approximately 1.3 km from Corredor Sur access via Calle 50, facilitating easy movement throughout the city. Obarrio continues to be one of the most attractive areas for development due to its central positioning, infrastructure, and consistent demand for residential and commercial spaces. The property’s combination of zoning, dimensions, and location makes it a strong opportunity for developers and investors seeking urban land in a prime area of Panama City.
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Engel & Völkers

Your advisor: Ciara Caponi

Property ID: AM-5515893

Property details
  • Object type

    Land

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