Commercial Land in Río Abajo
A 222.2 m² commercial land opportunity in Río Abajo
Río Abajo, Panamá
Active
$440,000
USD$1,980 / m²
- 222.2 m²Lot area
Overview
This 222.2 m² commercial land parcel in Río Abajo is offered for $440,000. Its stated designation includes code 1ZM2, giving buyers a specific classification to investigate as they assess a commercial land purchase in Panama City. The asking price works out to approximately $1,980.20 per m², calculated from the $440,000 price and the stated 222.2 m² area. That figure offers a straightforward comparison point for evaluating the purchase; it does not establish buildable area or permitted floor area. Located in Río Abajo, within Panama City, the property presents a land purchase opportunity in an urban setting. Buyers should verify the code 1ZM2, permitted uses, lot boundaries, access, utility availability, title, and development parameters through current municipal and legal due diligence. Contact Casanova Realty to request further property information and discuss next steps.
In Short
The commercial land in Río Abajo is offered for $440,000. Its stated area is 222.2 m², and its designation includes code 1ZM2.
Before You Decide
- Verify code 1ZM2 and the permitted uses and development parameters with municipal authorities.
- Request a current survey to confirm the 222.2 m² area, boundaries, and frontage.
- Confirm title, utility availability, road access, and site conditions before purchase.
Highlights
- 222.2 m² of land
- Offered at $440,000 USD
- Approximately $1,980.20 per m² based on the stated area
- Commercial land designation
- Code 1ZM2 is included in the property designation
- Located in Río Abajo, Panama City
- Seven source photo files are available
At a Glance
- Status
- Available
- Asking price
- $440,000 USD
- Price per m²
- $1,980.20/m²
- Land area
- 222.2 m²
- Property type
- Commercial land
- Designation code
- 1ZM2
- Neighborhood
- Río Abajo
- City
- Panama City
- Listing ID
- CNV-PROP-083667
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 8 October 2026
- Last updated
- 14 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
- 222 m² · 2,392 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $440,000
- Price per m²
- $1,980 / m²
- Cash to close (est.)
- $132,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $132,000
- Loan amount
- $308,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,896
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 calculated asking price is approximately $1,980.20 per m², using the stated area of 222.2 m².
- The parcel is described as commercial land in Río Abajo, Panama City.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$1,980 / m²
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Asking 98% above the Río Abajo average — worth understanding what justifies it before you offer.
Investment Case
The asking price is $440,000, or approximately $1,980.20 per m² based on the stated 222.2 m² area. Rental income, development capacity, operating costs, and comparable sales have not been established.
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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$440,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Río Abajo
Río Abajo, Panamá
Commercial land for sale in Río Abajo
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?
The asking price is $440,000 USD.
How large is the land?
The stated land area is 222.2 m².
Where is the property located?
The land is in Río Abajo, Panama City, Panama.
What designation is given for the land?
The property title describes it as commercial land and includes the code 1ZM2.
What zoning or designation code is given?
The property title includes code 1ZM2. Confirm its current official meaning and permitted uses with the relevant authorities.
Similar Properties
Same market, comparable size and price.
Interested in Commercial Land in Río Abajo?
Speak to our team — viewings in person or by video, usually within 48 hours.