PRIME DEVELOPMENT OPPORTUNITY IN EL CANGREJO – VIA ARGENTINA AREA

El Cangrejo, Bella Vista – just half a block from Via ArgentinaAsking Price: USD 990,000
Exceptional corner opportunity in one of the most strategic and sought-after locations in Panama City.
This property sits on a 990 m² lot (approximately 10,656 sq. ft.) with RM2 zoning, offering outstanding redevelopment potential for investors, developers, educational institutions, healthcare operators, or mixed-use concepts.
Currently improved with an existing multi-level structure consisting of FOUR APARTMENTS plus commercial and operational areas, making it suitable for immediate use while planning future development.
PROPERTY HIGHLIGHTS:Lot Size: 990 m² | Approx. 10,656 sq. ft.Existing enclosed construction: approx. 5,302 sq. ft.RM2 ZoningHalf a block from Via ArgentinaLocated in the heart of El CangrejoExcellent accessibility and visibilityHigh-demand residential and commercial areaOne of the best price-positioned opportunities in the zone
IDEAL FOR:• Residential tower development• Boutique apartment project• Medical center or small hospital• Educational institution or academy• Corporate offices• Senior living concept• Wellness center or clinic• Mixed-use redevelopment• Airbnb or serviced apartment concept
The existing infrastructure already includes multiple independent areas, parking spaces, offices, apartments, and operational sections, significantly increasing the flexibility of the asset.
A rare opportunity to acquire a large parcel with development zoning in one of Panama City's most established urban neighborhoods.
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