210-hectare land in Penonomé, Coclé El Coco
A rare 210-hectare land opportunity in Penonomé
El Coco, Penonomé
Active
$4,950,000
USD$2 / m²
- 2,099,998 m²Lot area
- FlatTopography
Overview
A sweeping, flat parcel of 2,099,998 m²—approximately 210 hectares—offers scale and access for a major land investment in the Penonomé area. The property is offered for $4,950,000 and sits in front of a residential development, with an international school described as a short distance away. An asphalt road leads to the entrance, and electricity is available on the property. The land’s flat topography and substantial size make it a candidate for evaluating residential, commercial, logistics, or light industrial development. Zoning, permitted density, water and sewer availability, and development approvals should be confirmed as part of due diligence. Machetazo in Penonomé is approximately three minutes away, providing a familiar local reference point. The property is also described as being near an international school. For buyers assessing a large landholding in Coclé, this parcel combines a stated flat profile, road access, and electricity at a substantial scale. Contact Casanova Realty to discuss the property and arrange further information.
In Short
The land is 2,099,998 m², approximately 210 hectares, and is offered for $4,950,000. Its stated features include flat topography, an asphalt road to the entrance, and electricity. The property is described as opposite a residential development and near an international school.
Before You Decide
- The parcel offers 2,099,998 m² of stated flat land.
- An asphalt road reaches the entrance, and electricity is available.
- Zoning, permitted density, water, sewer, and development approvals need confirmation.
- The supplied coordinates should be checked against the Penonomé, El Coco location.
Highlights
- 2,099,998 m² of land, approximately 210 hectares
- Flat topography
- Asphalt road leading to the entrance
- Electricity available
- In front of a residential development
- Approximately three minutes from Machetazo in Penonomé
- An international school is described as nearby
- Offered for $4,950,000
At a Glance
- Status
- Available for sale
- Asking price
- $4,950,000 USD
- Price per m²
- $2.36
- Approximate size
- Approximately 210 hectares
- Topography
- Flat
- Property type
- Land
- Neighborhood
- El Coco
- City
- Penonomé
- Province
- Coclé
- Listing ID
- CNV-PROP-064856
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
6 photographs of this residence.
Explore Titled lot
Take a closer look before you travel.
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Features & Finishes
Layout
- Bedrooms
- 0
- Full baths
- 0
- Total
- 2,099,998 m² · 22,604,168 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,950,000
- Price per m²
- $2 / m²
- Cash to close (est.)
- $1,485,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,485,000
- Loan amount
- $3,465,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$21,335
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
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The calculated asking price is approximately $2.36 per m², based on $4,950,000 divided by 2,099,998 m².
- The parcel is described as flat and has electricity and an asphalt road to the entrance.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$2 / m²
El Coco average$689 / m²
Panama average$4,306 / m²
Asking 100% below the El Coco average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 2,099,998 m² flat land parcel offered for $4,950,000, with paved-road access to the entrance and electricity. The calculated asking price is approximately $2.36 per m².
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
The property's scale and flat topography may support evaluation for residential, commercial, logistics, or light industrial development, subject to verification of zoning, approvals, and site conditions.
Price History
- Listed · October 2026$4,950,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Coco
El Coco, Penonomé
210-hectare land for sale in Penonomé
El Coco, Penonomé
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
El Coco, Penonomé, Coclé · Interior
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How large is the land in Penonomé?
The land area is 2,099,998 m², or approximately 210 hectares.
What is the asking price?
The asking price is $4,950,000 USD.
What site features are stated?
The property is described as flat, with an asphalt road leading to the entrance and electricity.
What nearby reference is identified?
The property is described as approximately three minutes from Machetazo in Penonomé.
Is the terrain flat?
Yes. The property is described as having flat topography.
Are road access and electricity available?
An asphalt road leads to the entrance, and electricity is available.
What development uses are identified?
Potential directions identified for the property include residential, commercial, logistics, and light industrial development.
Similar Properties
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Interested in 210-hectare land in Penonomé, Coclé?
Speak to our team — viewings in person or by video, usually within 48 hours.