Building for sale in El Cangrejo
A development opportunity steps from Metro Vía Argentina
El Cangrejo, Panamá
Active
$1,500,000
USD$1,500 / m²
- 1,000 m²Built area
- 900 m²Land
- 5Parking
Overview
Positioned in El Cangrejo, this building brings together 1,000 m² of total area, a 900 m² lot and five parking spaces in a location described as strategic for residential or commercial development. Metro Vía Argentina station is just a few meters away, linking the property to a central Panama City transit corridor. The property is offered for $1,500,000, equivalent to $1,500 per m² when calculated against its 1,000 m² total area. The site also includes 900 m² of land. This combination of building area, lot size and on-site parking gives developers and investors concrete figures to evaluate for a future residential or commercial project. El Cangrejo places this opportunity within Bella Vista, in Panama City. With the Vía Argentina Metro station only a few meters away, access to public transit is a defining location advantage. Explore the property’s dimensions and development potential, and contact Casanova Realty to arrange a closer look.
In Short
The building in El Cangrejo is offered for $1,500,000. It has 1,000 m² of total area, a 900 m² lot and five parking spaces. The location is described as suitable for residential or commercial development, with Metro Vía Argentina station a few meters away.
Before You Decide
- Evaluate the $1,500,000 asking price against the 1,000 m² total area and 900 m² lot.
- Confirm zoning and permitted development parameters before assessing residential or commercial feasibility.
- Verify what the 1,000 m² total-area figure includes and how it relates to the lot area.
- Confirm the current condition, building configuration, title information and parking arrangements.
Highlights
- Offered for $1,500,000 USD
- 1,000 m² of total area
- 900 m² lot
- Five parking spaces
- Metro Vía Argentina station a few meters away
- Located in El Cangrejo, Bella Vista
- Positioned for potential residential or commercial development
At a Glance
- Status
- Available for sale
- Asking price
- $1,500,000 USD
- Price per m²
- $1,500/m²
- Total area
- 1,000 m²
- Lot area
- 900 m²
- Parking
- 5 spaces
- Property type
- Building
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-046601
Key Facts
- Category
- Residential
- Unit type
- Building Entire
- Listed
- 5 July 2024
- Last updated
- 13 October 2026
Gallery
6 photographs of this residence.
What's Included
Everything that stays with the residence.
- 5 parking spaces
Explore Building
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
- 1,000 m² · 10,764 ft²
Parking & Storage
- Spaces
- 5
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,500,000
- Price per m²
- $1,500 / m²
- Cash to close (est.)
- $450,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $450,000
- Loan amount
- $1,050,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$6,465
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 building is offered at $1,500,000, or $1,500 per m² based on the stated 1,000 m² total area.
- The property combines a 1,000 m² total area, a 900 m² lot and five parking spaces.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,500 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 33% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $1,500,000, this El Cangrejo building offers 1,000 m² of total area on a 900 m² lot, with five parking spaces and the Metro Vía Argentina station a few meters away. Rental income and operating costs have not been established.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · July 2024$1,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
Building for sale in El Cangrejo, Panama
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
What is the asking price?
The asking price is $1,500,000 USD.
How large is the property?
The property has 1,000 m² of total area and a 900 m² lot.
How many parking spaces are included?
The property has five parking spaces.
What is nearby?
The Metro Vía Argentina station is a few meters away.
How much total area and land does the property have?
The source gives 1,000 m² of total property area and 900 m² of land.
Is the property suitable for residential or commercial development?
The location is presented as strategic for residential or commercial development; zoning and permitted uses need confirmation.
Similar Properties
Same market, comparable size and price.
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- 1,000 m²
$1,500,000
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Interested in Building for sale in El Cangrejo?
Speak to our team — viewings in person or by video, usually within 48 hours.