Commercial Land for Sale in Costa Verde, Arraiján
A 22,275 m² commercial opportunity in Costa Verde
Arraiján, Arraiján
Active
$16,706,250
USD$750 / m²
- 22,275 m²Lot area
Overview
Set within Costa Verde’s busy commercial and residential surroundings, this 22,275 m² parcel offers scale for a buyer assessing a major development opportunity in Arraiján. The property is offered for sale at $16,706,250, equal to $750 per m². The land is identified with C2 zoning and is described as suitable for evaluating a shopping mall concept. Its location in a high-traffic area and the surrounding residential developments give the site a commercial context for a project aimed at serving local demand. Development plans and permitted uses should be assessed through the relevant due diligence process. Costa Verde is in Arraiján, Panamá Oeste. For investors and commercial developers seeking a sizeable parcel in an established growth area, this site merits a closer look. Contact Casanova Realty to request further information and discuss next steps for evaluating the property.
In Short
The Costa Verde parcel is a 22,275 m² commercial land property in Arraiján, Panamá Oeste. Its asking price is $16,706,250, or $750 per m², and its zoning is identified as C2.
Before You Decide
- The parcel offers 22,275 m² of land for a large-scale commercial evaluation.
- The asking price is $16,706,250, equivalent to $750 per m² using the stated area.
- The property is identified with C2 zoning; confirm permitted uses and development parameters with the relevant authorities.
- The area is described as high traffic and surrounded by residential developments.
- Parcel boundaries, utilities, title, access, and development approvals are not documented and should be verified.
Highlights
- 22,275 m² of commercial land
- Asking price of $16,706,250
- Calculated price of $750 per m²
- C2 zoning identified for the parcel
- Located in Costa Verde, Arraiján
- High-traffic area
- Residential developments surround the property
- Shopping mall concept identified as a potential development direction
At a Glance
- Status
- For sale
- Asking price
- $16,706,250
- Price per m²
- $750
- Land area
- 22,275 m²
- Equivalent area
- 2.23 hectares
- Zoning
- C2
- Property type
- Commercial land
- Neighborhood
- Costa Verde
- City
- Arraiján
- Listing ID
- CNV-PROP-049714
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 24 September 2021
- Last updated
- 13 October 2026
Gallery
1 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
- 22,275 m² · 239,766 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $16,706,250
- Price per m²
- $750 / m²
- Cash to close (est.)
- $5,011,875at 30% down
Mortgage Estimate
- Down payment
- 30% · $5,011,875
- Loan amount
- $11,694,375
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$72,004
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
- Compare commercial land opportunities using the stated land area of 22,275 m² and calculated asking price of $750 per m².
- The parcel is located in Costa Verde, Arraiján, and is identified with C2 zoning.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$750 / m²
Arraiján average$1,876 / m²
Panama average$4,306 / m²
Asking 60% below the Arraiján average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The 22,275 m² commercial parcel is offered at $16,706,250, equivalent to $750 per m². Its C2 zoning and the described shopping mall concept are relevant starting points for commercial development due diligence.
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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 · September 2021$16,706,250
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Arraiján
Juan Demóstenes Arosemena, Arraiján
Commercial land for sale in Costa Verde
Arraiján, Arraiján
Positions are schematic, spaced by travel distance.
Get directionsArraiján on Casanova today
- Active sale listings
- 135
- Active rentals
- 0
- Median asking price per m²
- $1,471
Getting Around
Juan Demóstenes Arosemena, Arraiján, Panamá Oeste · —
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 the Costa Verde land?
The asking price is $16,706,250.
How large is the Costa Verde parcel?
The parcel measures 22,275 m², or 2.2275 hectares.
What zoning is stated for the land?
The land is identified as C2-zoned.
Where is the parcel located?
The parcel is in Costa Verde, Arraiján, Panamá Oeste, Panama.
What zoning is identified?
The land is identified as C2-zoned.
Similar Properties
Same market, comparable size and price.
Interested in Commercial Land for Sale in Costa Verde, Arraiján?
Speak to our team — viewings in person or by video, usually within 48 hours.