Commercial Building on Avenida Fernández de Córdoba
Commercial building on Avenida Fernández de CórdobaPueblo Nuevo
- 777 m²
$600,000
$772 / m²
Commercial property on Avenida Fernández de Córdoba Pueblo Nuevo
A corner commercial site with an existing 777 m² building
Pueblo Nuevo, Panamá
Active
$600,000
USD$772 / m²
- 682 m²Lot area
Overview
This corner property on Avenida Fernández de Córdoba brings together a 682 m² site and an existing building with 777 m² of total construction. Its current mix of 20 studio apartments and 2 commercial spaces gives buyers a substantial property to consider for continued use, remodeling or a new development concept. The building’s stated configuration includes 20 studios and two commercial premises. The property is zoned MP-RMEC1, and the opportunity is presented for buyers considering renovation or redevelopment. The asking price is USD 600,000, equivalent to approximately USD 879.77 per m² of land. Located in La Pulida, within Pueblo Nuevo, the property fronts the Avenida Fernández de Córdoba commercial corridor in Panama City. The corner setting and combination of residential and commercial spaces give investors and developers several possibilities to investigate. Ask for further details and arrange a visit to assess the existing building and potential plans.
In Short
The property is offered for USD 600,000. It has a 682 m² corner site, a 777 m² existing building, 20 studio apartments, 2 commercial spaces, and stated zoning MP-RMEC1.
Before You Decide
- Assess whether the existing 20 studios and 2 commercial spaces suit your intended use or renovation plan.
- Confirm development parameters and permitted uses associated with zoning MP-RMEC1.
- Review the 682 m² site area alongside the stated 777 m² building area.
- Verify the building’s condition, occupancy, title, and operating expenses during due diligence.
Highlights
- 682 m² corner site on Avenida Fernández de Córdoba
- 777 m² of total building area
- 20 studio apartments in the existing building
- 2 commercial spaces
- Zoning stated as MP-RMEC1
- Located in La Pulida, Pueblo Nuevo, Panama City
- Offered for USD 600,000
- Presented for remodeling or new development potential
At a Glance
- Status
- Available
- Asking price
- $600,000
- Land price per m²
- $879.77/m²
- Land area
- 682 m²
- Building area
- 777 m²
- Existing layout
- 20 studios and 2 commercial spaces
- Zoning
- MP-RMEC1
- Property type
- Commercial land with an existing mixed-use building
- Building
- Corner commercial building on Avenida Fernández de Córdoba
- Neighborhood
- La Pulida
- City
- Panamá
- Listing ID
- CNV-PROP-012618
Key Facts
- Category
- Land
- Unit type
- Land Lot
- New or resale
- Resale
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
2 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
- 777 m² · 8,364 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $600,000
- Price per m²
- $772 / m²
- Cash to close (est.)
- $180,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $180,000
- Loan amount
- $420,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,586
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 property combines a 682 m² site with an existing 777 m² building.
- The described building mix is 20 studios and 2 commercial spaces.
- The calculated land price is approximately USD 879.77 per m², based on the USD 600,000 asking price and 682 m² land area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$772 / m²
Pueblo Nuevo average$1,573 / m²
Panama average$4,306 / m²
Asking 51% below the Pueblo Nuevo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 682 m² corner site with a 777 m² existing building, 20 studio apartments and 2 commercial spaces. The property is offered for sale at USD 600,000.
- —
- 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 mix of studio apartments and commercial spaces, together with the stated option to remodel or redevelop, may support a range of investment strategies.
Price History
- Listed · October 2026$600,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Pueblo Nuevo
Pueblo Nuevo, Panamá
Corner commercial building on Avenida Fernández de Córdoba
Pueblo Nuevo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsPueblo Nuevo on Casanova today
- Active sale listings
- 36
- Active rentals
- 0
- Median asking price per m²
- $1,265
Getting Around
Pueblo Nuevo, 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 land area?
The land area is 682 m².
What is included in the existing building?
The existing building is described as having 20 studio apartments and 2 commercial spaces, with a total building area of 777 m².
What zoning is stated for the property?
The stated zoning is MP-RMEC1.
What is the asking price?
The asking price is USD 600,000.
How much building area is stated?
The stated total building area is 777 m².
How many residential and commercial spaces are described?
The existing building is described as having 20 studio apartments and 2 commercial spaces.
What zoning is stated?
The stated zoning is MP-RMEC1.
Similar Properties
Same market, comparable size and price.
Mixed-Use Building for Sale in La Pulida
Mixed-use building on Avenida Fernández de CórdobaPueblo Nuevo
- 777 m²
$600,000
$772 / m²
New Development
Interested in Commercial property on Avenida Fernández de Córdoba?
Speak to our team — viewings in person or by video, usually within 48 hours.