
RM3-C2 Commercial Land in Costa del Este
A 1,500 m² commercial opportunity in Costa del Este
Costa del Este, Panamá
$3,950,000
USD$2,633 / m²
- 1,500 m²Lot area
- FlatTopography
Overview
A 1,500 m² parcel in Costa del Este brings together three defining attributes: RM3-C2 zoning, a flat rectangular layout and frontage on a busy road. Near Town Center, it offers a substantial site for a commercial development concept in one of Panama City’s established districts. The land measures 1,500 m². Its level topography and rectangular polygon make the parcel’s basic form straightforward to understand, while its road frontage gives the site a visible position. No existing building area or residential accommodation is included in the property details. The development concepts described for the site are a tower with commercial premises on the ground floor or a commercial plaza. The stated zoning is RM3-C2; prospective buyers can evaluate the applicable planning requirements and project scope for their intended use. With Town Center nearby and Costa del Este as its setting, this property is suited to buyers assessing a commercial land opportunity in Panama City. Contact Casanova Realty to discuss the parcel and arrange a closer review.
In Short
This Costa del Este parcel offers 1,500 m² of flat, rectangular land with RM3-C2 zoning and frontage on a busy road. It is described as near Town Center. Development concepts cited are a tower with ground-floor commercial premises or a commercial plaza.
Before You Decide
- Evaluate the stated RM3-C2 zoning against the intended development concept.
- The parcel combines a flat, rectangular shape with frontage on a busy road.
- A survey, title documentation and authoritative zoning confirmation would help assess the parcel for acquisition.
- The calculated asking price is approximately $2,633.33 per m².
Highlights
- 1,500 m² of land in Costa del Este
- RM3-C2 zoning
- Flat topography
- Rectangular parcel
- Frontage on a busy road
- Near Town Center
- Commercial development concepts include a tower with ground-floor retail or a commercial plaza
At a Glance
- Status
- Available for sale
- Asking price
- $3,950,000
- Price per m²
- $2,633.33/m²
- Land area
- 1,500 m²
- Lot shape
- Rectangular
- Topography
- Flat
- Zoning
- RM3-C2
- Road frontage
- Busy road
- Neighborhood
- Costa del Este
- City
- Panama City
- Listing ID
- CNV-PROP-079969
Key Facts
- Category
- Land
- Property type
- Land / Lot
- Unit type
- Land Lot
- Listed
- 25 July 2024
- Last updated
- 8 October 2026
Gallery
7 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
- 1,500 m² · 16,146 ft²
Parking & Storage
- Covered
- No
Outdoor
- Frontage on a busy road
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $3,950,000
- Price per m²
- $2,633 / m²
- Cash to close (est.)
- $1,185,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,185,000
- Loan amount
- $2,765,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$17,025
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
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare the $2,633.33/m² calculated asking price with other commercial land in Costa del Este using similarly defined land areas.
- Compare RM3-C2 zoning and confirmed development parameters against those of other candidate parcels.
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 17% below the Costa del Este average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 1,500 m² commercial-zoned parcel in Costa del Este, with a flat, rectangular layout and frontage on a busy road. The stated development concepts are a tower with ground-floor commercial premises or a commercial plaza.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · July 2024$3,950,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Costa del Este
Juan Díaz, Panamá
Commercial land for sale in Costa del Este
Costa del Este, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCosta del Este on Casanova today
- Active sale listings
- 1,370
- Active rentals
- 0
- Median asking price per m²
- $2,859
Getting Around
Juan Díaz, 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 lot's zoning?
How large is the Costa del Este parcel?
What development concepts are described for the land?
Is the parcel flat, and what is its shape?
What is the asking price?
What is nearby?
What is the zoning?
What development concepts are described?
What is the parcel's shape and topography?
Similar Properties
Same market, comparable size and price.
Interested in RM3-C2 Commercial Land in Costa del Este?
Speak to our team — viewings in person or by video, usually within 48 hours.





