1,800 m² Development Lot in El Cangrejo
A substantial El Cangrejo site with room to shape a new project
El Cangrejo, Panamá
Active
$1,500,000
USD$833 / m²
- 1,800 m²Lot area
Overview
Set in El Cangrejo, this 1,800 m² property offers a compelling canvas for a buyer planning a residential development or a project tailored to their vision. Its 1ZM7 zoning and substantial land area make it an opportunity to explore in one of Panama City's established urban neighborhoods. The asking price is $1,500,000. An existing structure is already on the property, giving a buyer the choice to evaluate it for remodeling or consider demolition as part of a new-build plan. The site is presented for development or investment, with the possibility of shaping a residential project around the land. The recorded monthly maintenance fee is $0. El Cangrejo is known for an urban neighborhood setting with dining and everyday services in the surrounding area, including along Vía Argentina. The location offers an established city context for a project designed around residential demand and neighborhood life. Explore the site's potential and arrange a conversation about your plans for the property.
In Short
The El Cangrejo property has 1,800 m² of land, 1ZM7 zoning and an existing structure. The asking price is $1,500,000, and the recorded monthly maintenance fee is $0.
Before You Decide
- The 1,800 m² land area provides a substantial site for a buyer considering a development project.
- The existing structure can be evaluated for remodeling or considered for demolition.
- The property is identified with zoning code 1ZM7.
- The recorded monthly maintenance fee is $0.
Highlights
- 1,800 m² of land in El Cangrejo
- Offered for $1,500,000
- Zoning identified as 1ZM7
- Existing structure on the property
- Demolition or remodeling evaluation described as options
- Presented for residential development or a custom project
- Recorded monthly maintenance fee: $0
- Urban neighborhood setting near Vía Argentina
At a Glance
- Status
- Available
- Asking price
- $1,500,000
- Price per m²
- $833.33/m²
- Land area
- 1,800 m²
- Zoning
- 1ZM7
- Existing structure
- Yes
- Monthly maintenance
- $0
- Property type
- Land lot
- Neighborhood
- El Cangrejo
- City
- Panamá
- Listing ID
- CNV-PROP-013004
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 17 June 2026
- Last updated
- 4 October 2026
Gallery
8 photographs of this residence.
Explore Titled lot
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Total
- 1,800 m² · 19,375 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,500,000
- Price per m²
- $833 / m²
- Cash to close (est.)
- $450,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $450,000
- Loan amount
- $1,050,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$6,465
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
HOA$0
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- This property offers 1,800 m² of land in El Cangrejo at an asking price of $1,500,000.
- The calculated asking price is approximately $833.33 per m², based on $1,500,000 divided by 1,800 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$833 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 63% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property comprises 1,800 m² in El Cangrejo and is offered for $1,500,000. Its 1ZM7 zoning and existing structure are relevant starting points for a buyer considering a residential or custom development project.
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- Gross yield
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- Net yield (est.)
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- 5-yr area growth
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- Days on market
The existing structure may be evaluated for remodeling or considered for demolition as part of a new project.
Price History
- Listed · June 2026$1,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
1,800 m² land for sale in El Cangrejo
El Cangrejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Cangrejo on Casanova today
- Active sale listings
- 249
- Active rentals
- 0
- Median asking price per m²
- $2,071
Getting Around
Bella Vista, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for the El Cangrejo property?
The asking price is $1,500,000 USD.
How large is the El Cangrejo lot?
The property has a land area of 1,800 m².
What zoning does the property have?
The property is identified with zoning code 1ZM7.
Is there already a structure on the property?
Yes. An existing structure is on the property; demolition or evaluation for remodeling are described as possible options.
What is the monthly maintenance fee?
The recorded monthly maintenance fee is $0.
What zoning is identified for the property?
The property is identified with zoning code 1ZM7.
Does the property have an existing structure?
Yes. An existing structure is present; demolition or evaluation for remodeling are described as possible options.
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Interested in 1,800 m² Development Lot in El Cangrejo?
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