873 m² RM2C2 Land in Río Abajo
A flat 873 m² development site in Río Abajo
Río Abajo, Panamá
Active
$490,000
USD$561 / m²
- 873 m²Lot area
- FlatTopography
Overview
A flat 873 m² parcel in Río Abajo brings together a central Panama City location and stated potential for high-density development. Identified as RM2C2, the land is described as suitable for residential and/or commercial development, making it an opportunity to assess for a project tailored to this urban setting. The property is located on Calle 93, between Avenida La Pulida and Vía España. Its reported dimensions are 20 metres of frontage and 44 metres in depth. The land is described as flat, and the asking price is $490,000 USD—approximately $561.28 per m² based on the stated 873 m² area. Río Abajo offers an urban setting, with the site positioned between two named city avenues. The zoning designation and development potential make this parcel worth exploring for buyers considering a residential or commercial project. Contact Casanova Realty to discuss the property and arrange the next steps.
In Short
The land is in Río Abajo, between Avenida La Pulida and Vía España. It has a stated area of 873 m², flat topography and RM2C2 zoning. The asking price is $490,000 USD, or approximately $561.28 per m² based on the stated area.
Before You Decide
- The stated RM2C2 zoning and development potential are central to assessing a future project.
- A boundary survey can confirm the reported area and dimensions.
- Utilities, title details and municipal development parameters should be confirmed during due diligence.
Highlights
- 873 m² of land in Río Abajo
- Flat topography
- RM2C2 zoning
- Stated high-density residential and/or commercial development potential
- 20 metres of reported road frontage
- 44 metres of reported depth
- Between Avenida La Pulida and Vía España
- Asking price: $490,000 USD
At a Glance
- Status
- Available
- Asking price
- $490,000 USD
- Price per m²
- $561.28/m²
- Land area
- 873 m²
- Property type
- Land lot
- Topography
- Flat
- Zoning
- RM2C2
- Reported frontage
- 20 m
- Reported depth
- 44 m
- Neighborhood
- Río Abajo
- City
- Panama City
- Listing ID
- CNV-PROP-063800
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
4 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
- Full baths
- 2
- Total
- 873 m² · 9,397 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $490,000
- Price per m²
- $561 / m²
- Cash to close (est.)
- $147,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $147,000
- Loan amount
- $343,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,112
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 asking price equates to approximately $561.28 per m² using the stated 873 m² area.
- The property is described as flat and located between Avenida La Pulida and Vía España.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$561 / m²
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Asking 44% below the Río Abajo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $490,000 for 873 m², the asking price works out to approximately $561.28 per m². The stated RM2C2 zoning and development potential may be relevant to residential or commercial project planning.
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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$490,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Río Abajo
Río Abajo, Panamá
Land for sale in Río Abajo, Panama
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
What is the asking price for this land in Río Abajo?
The asking price is $490,000 USD.
How large is the lot?
The stated lot area is 873 m².
What is the zoning?
The land is identified as RM2C2, with stated potential for high-density residential and/or commercial development.
Where is the property located?
It is in Río Abajo, between Avenida La Pulida and Vía España.
What zoning and development potential are stated?
The land is identified as RM2C2 and is described as having high-density residential and/or commercial development potential.
Similar Properties
Same market, comparable size and price.
Interested in 873 m² RM2C2 Land in Río Abajo?
Speak to our team — viewings in person or by video, usually within 48 hours.