1,800 m² commercial site in El Cangrejo
A two-street commercial opportunity in El Cangrejo
El Cangrejo, Panamá
Active
$2,100,000
USD$3,000 / m²
- 6Bath
- 700 m²7,535 ft²
- 19Parking
Overview
In the heart of El Cangrejo, this commercial property brings together 1,800 m² of land and 700 m² of existing construction. Access and frontage on both Eusebio A. Morales and Eric del Valle give the site presence on two high-traffic streets, with vehicle and pedestrian flow. The existing construction includes six bathrooms, and the property offers 19 parking spaces. Its ZM7 zoning permits high-density mixed-use development, including commercial, residential, office and hotel uses—creating options for a range of future projects. El Cangrejo’s central setting places the property a few steps from El Veneto and Gran Evenia hotels. With two-street access, substantial land area and existing construction, this site is positioned for buyers assessing a commercial or investment project in one of Panama City’s active urban districts. Contact us to discuss the property and arrange a closer look.
In Short
This El Cangrejo commercial property is offered for $2,100,000. It has 1,800 m² of land, 700 m² of existing construction, six bathrooms, 19 parking spaces and access from Eusebio A. Morales and Eric del Valle. ZM7 zoning permits high-density mixed-use development, including commercial, residential, office and hotel uses.
Before You Decide
- Assess the existing 700 m² construction alongside the 1,800 m² parcel.
- Confirm ZM7 development parameters and permitted uses with the relevant authorities.
- Review site access from both Eusebio A. Morales and Eric del Valle.
- Verify the 19-space parking arrangement, property boundaries and title documentation.
Highlights
- 1,800 m² of land in El Cangrejo
- 700 m² of existing construction
- Access and frontage on Eusebio A. Morales and Eric del Valle
- 19 parking spaces
- Six bathrooms
- ZM7 zoning for high-density mixed-use development
- A few steps from El Veneto and Gran Evenia hotels
At a Glance
- Status
- Available
- Asking price
- $2,100,000
- Price per land m²
- $1,166.67/m²
- Bathrooms
- 6
- Existing construction
- 700 m²
- Land area
- 1,800 m²
- Parking
- 19 spaces
- Zoning
- ZM7
- Property type
- Commercial land with existing construction
- Neighborhood
- El Cangrejo
- City
- Panamá
- Listing ID
- CNV-PROP-049995
Key Facts
- Category
- Commercial
- Unit type
- House Villa
- Listed
- 21 June 2021
- Last updated
- 13 October 2026
Gallery
7 photographs of this residence.
What's Included
Everything that stays with the residence.
- 19 parking spaces
Explore House
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
- 6
- Total
- 700 m² · 7,535 ft²
Parking & Storage
- Spaces
- 19
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,100,000
- Price per m²
- $3,000 / m²
- Cash to close (est.)
- $630,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $630,000
- Loan amount
- $1,470,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$9,051
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 is approximately $1,166.67 per m² of land, calculated as $2,100,000 divided by 1,800 m².
- The property combines a 1,800 m² land parcel with 700 m² of existing construction.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$3,000 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 34% above the El Cangrejo average — worth understanding what justifies it before you offer.
Investment Case
The property is offered at $2,100,000 and includes 1,800 m² of land and 700 m² of existing construction. Rental income and yield estimates are unavailable.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · June 2021$2,100,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
Commercial land for sale in El Cangrejo
El Cangrejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Cangrejo on Casanova today
- Active sale listings
- 249
- Active rentals
- 0
- Median asking price per m²
- $2,071
Getting Around
Bella Vista, Panamá, Panamá · Panama City
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 property?
The property has 1,800 m² of land and 700 m² of existing construction.
How many parking spaces and bathrooms are included?
The property has 19 parking spaces and six bathrooms.
Which streets provide access?
The property has access from Eusebio A. Morales and Eric del Valle.
What zoning applies to the property?
The property is identified with ZM7 zoning, which permits high-density mixed-use development, including commercial, residential, office and hotel uses.
Which hotels are nearby?
El Veneto and Gran Evenia are described as a few steps away.
What is the asking price?
The asking price is $2,100,000.
What zoning applies?
The property is identified with ZM7 zoning, which permits high-density mixed-use development, including commercial, residential, office and hotel uses.
Similar Properties
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Commercial Property with 1,800 m² of Land in El Cangrejo
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Interested in 1,800 m² commercial site in El Cangrejo?
Speak to our team — viewings in person or by video, usually within 48 hours.