633 m² Land with an Existing Duplex in Río Abajo
A 633 m² urban parcel with an existing duplex in Río Abajo
Río Abajo, Panamá
Active
$288,000
USD$455 / m²
- 633 m²Lot area
Overview
Positioned on Calle 3ra in Río Abajo, this 633 m² semi-flat parcel combines a substantial urban footprint with an existing duplex-style house. The site fronts an asphalt road in an area noted for strong vehicle flow, visibility and active commercial activity—useful characteristics for buyers assessing a property with both residential and business context. The land carries a 1R4/R4 zoning designation, described as residential medium density. Access to water and electricity is indicated, and the parcel is described as well connected to principal routes. Its scale, semi-flat topography and paved-road access give buyers a practical starting point for evaluating plans for the site. Restaurants and commercial businesses are nearby, alongside schools and gardens, an industrial park and public transportation. Río Abajo’s expanding urban setting offers a convenient city location for investors considering land that already has a duplex-style structure. Request more information to discuss the property, its documentation and the next steps for your plans.
In Short
The Río Abajo land parcel measures 633 m² and is offered for $288,000. It has a semi-flat topography, an existing duplex-style house, paved-road access, and stated access to water and electricity.
Before You Decide
- The 633 m² parcel has an existing duplex-style house, so buyers should assess both the land and structure.
- The source gives 1R4/R4 zoning but also uses an open-zoning description; confirm the official land-use classification.
- Water and electricity access are indicated; connection status and sewer availability are not specified.
- The source mentions high vehicle flow and nearby commercial activity, restaurants, schools and public transportation.
Highlights
- 633 m² of semi-flat land in Río Abajo
- Existing duplex-style house on the property
- Stated 1R4/R4 zoning designation
- Access to water and electricity
- Frontage on an asphalt road with high vehicle flow
- Commercial activity and businesses nearby
- Restaurants, schools, gardens and an industrial park in the surrounding area
- Public transportation and access to principal roads
At a Glance
- Status
- Active; marked available
- Asking price
- $288,000
- Price per m²
- $454.98/m²
- Land area
- 633 m²
- Bedrooms
- 1
- Property type
- Land lot with an existing duplex-style house
- Zoning
- 1R4 / R4
- Road access
- Paved road
- Neighborhood
- Río Abajo
- City
- Panamá
- Listing ID
- CNV-PROP-044728
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
28 photographs of this residence.
What's Included
Everything that stays with the residence.
- Storage/depot
- Multipurpose room
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
- Bedrooms
- 1
- Total
- 633 m² · 6,814 ft²
Parking & Storage
- Covered
- No
Interior
- Storage/depot
- Multipurpose room
Outdoor
- Garden
- Patio
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $288,000
- Price per m²
- $455 / m²
- Cash to close (est.)
- $86,400at 30% down
Mortgage Estimate
- Down payment
- 30% · $86,400
- Loan amount
- $201,600
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,241
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
- Land area: 633 m².
- Asking price: $288,000 USD, approximately $454.98 per m² based on the 633 m² land-area figure.
- Existing structure: duplex-style house; bedroom and bathroom details should be confirmed.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$455 / m²
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Asking 55% below the Río Abajo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 633 m² semi-flat parcel in Río Abajo, offered at $288,000, with an existing duplex-style house and stated access to water and electricity.
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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
Price History
- Listed · October 2026$288,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Río Abajo
Río Abajo, Panamá
633 m² land for sale in Río Abajo
Río Abajo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsRío Abajo on Casanova today
- Active sale listings
- 34
- Active rentals
- 0
- Median asking price per m²
- $779
Getting Around
Río Abajo, 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
How large is the Río Abajo property?
The parcel is 633 m².
What is the asking price?
The asking price is $288,000 USD.
What structure is on the property?
The property is described as having an existing duplex-style house.
What zoning is associated with the land?
The stated zoning designation is 1R4/R4, described as residential medium density.
Are water and electricity accessible?
Access to water and electricity is indicated for the property.
Does the property have an existing structure?
Yes. The property is described as having a duplex-style house.
Similar Properties
Same market, comparable size and price.
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Plaza MarquézRío Abajo
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- 3 Baths
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$250,000
$1,564 / m²
Interested in 633 m² Land with an Existing Duplex in Río Abajo?
Speak to our team — viewings in person or by video, usually within 48 hours.