Development land in Las Cumbres, Panama City
A 126,803 m² development opportunity in Las Cumbres
Las Cumbres, Panamá
Active
$19,800,000
USDNegotiable
- 126,803 m²Lot area
Overview
A substantial landholding in Las Cumbres brings 126,803 m² of scale to a development opportunity within Panama City. The parcel is presented for real estate development and offers road access, giving investors and developers a sizeable site to assess for their next project. The property’s reported total land area is 126,803 m², or 12.6803 hectares. The asking price is $19,800,000 and is negotiable. The source also quotes a per-square-metre figure that does not reconcile with the stated total price and area, so the price basis should be confirmed before making an offer. Set in Las Cumbres, Panama City, this large parcel is positioned for buyers seeking land with development potential in the capital’s northern area. The road-access detail is a useful starting point for site evaluation; zoning, utilities, road frontage, topography and development approvals are not specified. Contact us to discuss the property and arrange a site visit.
In Short
This development land in Las Cumbres has a reported total area of 126,803 m² (12.6803 hectares). The asking price is $19,800,000 and is negotiable. Road access is reported. The quoted $180/m² figure does not match the total price divided by the stated area.
Before You Decide
- Confirm the quoted $180/m² rate against the $19,800,000 asking price and 126,803 m² area.
- Request zoning, utility availability, survey details and development parameters before assessing feasibility.
- Verify whether any existing structures account for the structured bedroom and bathroom counts.
Highlights
- 126,803 m² of total land area
- Equivalent to 12.6803 hectares
- Located in Las Cumbres, Panama City
- Presented as a real estate development opportunity
- Road access reported
- $19,800,000 asking price
- Price is negotiable
At a Glance
- Status
- Available
- Asking price
- $19,800,000
- Price per m²
- $156.15/m² calculated from total price and area
- Land area
- 126,803 m²
- Equivalent area
- 12.6803 hectares
- Property type
- Development land
- Neighborhood
- Las Cumbres
- City
- Panama City
- Listing ID
- CNV-PROP-071813
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
5 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
- Bedrooms
- 3
- Full baths
- 3
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $19,800,000
- Cash to close (est.)
- $5,940,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $5,940,000
- Loan amount
- $13,860,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$85,338
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 the 126,803 m² parcel area with other large land opportunities in Panama City.
- Use a verified asking price per square metre when comparing this parcel with other development land.
Value Comparison
Asking price per m², against the building, the sector and the country.
Las Cumbres average$649 / m²
Panama average$4,306 / m²
Investment Case
A 126,803 m² land parcel in Las Cumbres, Panama City, offered for $19,800,000, negotiable. The stated price per square metre requires confirmation against the total asking price.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The parcel's reported scale and development potential may merit evaluation by developers and real estate investors. Zoning, utilities, survey information, and development approvals require confirmation.
Price History
- Listed · October 2026$19,800,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Las Cumbres
Las Cumbres, Panamá
126,803 m² land for sale in Las Cumbres
Las Cumbres, Panamá
Positions are schematic, spaced by travel distance.
Get directionsLas Cumbres on Casanova today
- Active sale listings
- 53
- Active rentals
- 0
- Median asking price per m²
- $623
Getting Around
Las Cumbres, 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
How large is the Las Cumbres parcel?
The parcel measures 126,803 m², equivalent to 12.6803 hectares.
Is the asking price negotiable?
Yes. The asking price is $19,800,000 and is described as negotiable.
Does the property have road access?
Road access is reported; the road surface and frontage details are not provided.
Is road access available?
Road access is reported. The road surface and frontage details are not provided.
Similar Properties
Same market, comparable size and price.
Interested in Development land in Las Cumbres, Panama City?
Speak to our team — viewings in person or by video, usually within 48 hours.