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139.3-Hectare Development Opportunity in La Chorrera

$9,753,621

Description

A Rare Large-Scale Development Opportunity in Panama Oeste Large, strategically located land parcels with existing infrastructure are becoming increasingly difficult to find in Panama Oeste. This 139.3-hectare property in El Arado, La Chorrera presents a unique opportunity for developers, investors, and institutions seeking a substantial site for a large-scale project. Located just 5 minutes from downtown La Chorrera and approximately 15 minutes from Costa Verde, one of Panama Oeste's most established residential, commercial, and lifestyle destinations, the property offers an attractive combination of accessibility, infrastructure, natural features, and development potential. With a total area of 1,393,374.42 m² (139.3 hectares / 344.3 acres), the property provides the scale required for the creation of a significant master-planned development while preserving valuable natural surroundings. Development Potential The property's size, location, and characteristics make it suitable for a variety of large-scale concepts, including: • Residential communities • Master-planned communities • Mixed-use developments • Hospitality projects and eco-resorts • Wellness communities • Retirement communities • Educational or institutional developments Property Highlights • Total Area: 1,393,374.42 m² • Land Size: 139.3 hectares / 344.3 acres • Location: El Arado, La Chorrera, Panama Oeste • Approximately 5 minutes from downtown La Chorrera • Approximately 15 minutes from Costa Verde • Direct access via paved road • Electricity available • Water available • Internet connectivity available • Natural lakes within the property • Mature forest areas • Surrounded by established residential developments • Topography suitable for large-scale development Strategic Location in Panama Oeste Panama Oeste has become one of Panama's key areas for residential and commercial expansion, supported by population growth, infrastructure development, and increasing demand for new communities and services. The property's proximity to Costa Verde further strengthens its strategic position. The area has evolved into a major residential, commercial, and lifestyle destination, creating an established environment for future development. Large contiguous parcels offering paved access, available utilities, natural resources, and proximity to established development are increasingly scarce in the region. This combination creates an attractive proposition for investors looking at long-term development and value creation. Asking Price US$9,753,621 An exceptional opportunity to acquire a substantial landholding in one of Panama's most dynamic growth corridors and transform it into a landmark residential, mixed-use, hospitality, wellness, or institutional development. Contact us for additional information, available plans and studies, or to arrange a private site visit.
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Engel & Völkers Panama City

Your advisor: Yemile Suarez

Property ID: AM-5532192

Property details
  • Object type

    Land

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