1,800 m² development lot in El Cangrejo
A substantial El Cangrejo site with room for ambitious projects
El Cangrejo, Panamá
Active
$1,495,000
USD$831 / m²
- 1,800 m²Lot area
- YesBuildable
Overview
Set in El Cangrejo, this 1,800 m² lot offers a rare scale for an urban development site in Panama City. The property is offered for USD 1,495,000, equivalent to approximately USD 830.56 per m², and measures 20 metres across the frontage by 90 metres in depth. The stated land-use potential includes apartment buildings of 15 to 25 floors, as well as hotels, office buildings and parking buildings. That breadth gives developers several project directions to evaluate, with the lot’s substantial frontage and depth as key dimensions to consider. The site is land rather than an existing residence, so buyers can assess the project scope against their intended use. El Cangrejo is a central Panama City neighbourhood known for its urban mix and the Via Argentina dining corridor. Parque Andrés Bello and the Via Argentina Metro station are among the area’s familiar local amenities. For a development opportunity in an established city neighbourhood, this lot brings scale, frontage and multiple stated use options together. Contact us to discuss the property and arrange a visit.
In Short
The El Cangrejo land lot is listed at USD 1,495,000 and measures 1,800 m², with 20 m of frontage and 90 m of depth. Its stated development uses include 15-to-25-floor apartment buildings, hotels, office buildings and parking buildings.
Before You Decide
- The 1,800 m² site combines 20 m of frontage with 90 m of depth.
- The stated development potential spans residential apartments, hotels, offices and parking buildings.
- Confirm current zoning, allowable density, height limits, utilities and title information during due diligence.
Highlights
- 1,800 m² of land in El Cangrejo
- USD 1,495,000 asking price
- Approximately USD 830.56 per m²
- 20 m of road frontage
- 90 m of lot depth
- Stated potential for 15-to-25-floor apartment buildings
- Hotel, office and parking-building uses also indicated
- Central Panama City neighbourhood near Via Argentina
At a Glance
- Status
- Available for sale
- Asking price
- $1,495,000
- Price per m²
- $830.56/m²
- Land area
- 1,800 m²
- Frontage
- 20 m
- Depth
- 90 m
- Property type
- Development land
- Neighbourhood
- El Cangrejo
- City
- Panama City
- Corregimiento
- Bella Vista
- District
- Panamá
- Province
- Panamá
- Monthly maintenance
- $0/month
- Listing ID
- CNV-PROP-003698
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 3 June 2026
- Last updated
- 4 October 2026
Gallery
6 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
- $1,495,000
- Price per m²
- $831 / m²
- Cash to close (est.)
- $448,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $448,500
- Loan amount
- $1,046,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$6,443
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
- The source-derived asking price is approximately USD 830.56 per m², calculated from USD 1,495,000 divided by 1,800 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$831 / 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
This 1,800 m² El Cangrejo lot is offered for USD 1,495,000, or approximately USD 830.56 per m². Its stated development potential includes apartment buildings of 15 to 25 floors, hotels, offices and parking buildings.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
The stated development uses offer potential for residential, hotel, office or parking projects, subject to verification of zoning and approvals.
Price History
- Listed · June 2026$1,495,000
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 lot?
The asking price is USD 1,495,000.
How large is the lot?
The lot measures 1,800 m².
What are the lot dimensions?
The stated dimensions are 20 m of frontage and 90 m of depth.
What development uses are described for the property?
The described potential includes apartment buildings of 15 to 25 floors, hotels, office buildings and parking buildings.
Similar Properties
Same market, comparable size and price.
Interested in 1,800 m² development lot in El Cangrejo?
Speak to our team — viewings in person or by video, usually within 48 hours.