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Aerial view of a rectangular vacant lot outlined in red, situated in a dense urban neighborhood with surrounding buildings. [AI-generated text]

Development Land for Sale in Santa Ana

$1,600,000~€1,407,536

Description

Located in the district of Santa Ana, this 4,028 m² parcel presents an opportunity to explore commercial and residential development in an established mixed-use urban area, with convenient access to major roads and key parts of the city. Positioned at the intersection of Avenida Ancón and Calle Jerónimo de La Ossa, approximately 50 meters from Calle Estudiante and 275 meters from Avenida de Los Mártires, the property benefits from a well-connected location within Panama City. The rectangular lot features predominantly level topography, with a slight downward slope along one side. Its physical characteristics provide a suitable starting point for assessing a range of potential development concepts, subject to applicable zoning and planning regulations. Set within a medium- to high-density commercial and residential environment, the property offers access via concrete and asphalt roads, as well as established public utilities and infrastructure. Property Features: • Lot size: 4,028 m² • Surrounding uses: Commercial and residential • Topography: Predominantly level, with a slight slope along one side • Lot shape: Rectangular • Access via concrete and asphalt roads • Available utilities: Water supply, sanitary and storm drainage, street lighting, electricity, telephone services and sidewalks Asking Price: US$1,600,000 L.G.
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Engel & Völkers Panama City

Your advisor: Ciara Caponi

Property ID: AM-5535317

Property details
  • Object type

    Land

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