Land for Sale on La Mitra's Main Road El Coco
A 15,000 m² development opportunity on La Mitra's main road
El Coco, La Chorrera
Active
$975,000
USD$65 / m²
- 15,000 m²Lot area
Overview
Set along the main road through La Mitra in La Chorrera, this 15,000 m² parcel brings together paved access, semi-flat topography, timber trees and an internal stream. Offered at $975,000, it presents a substantial landholding in Panamá Oeste for buyers considering a larger development project. Access is via a paved road, with no specialized transport required. The property is presented as having potential for residential, commercial, industrial and service projects. Its semi-flat terrain and natural features give prospective buyers several considerations to explore as they assess the parcel for their plans. The property is about five minutes from Hospital Nicolás Solano and near residential and commercial areas. Its position on La Mitra's main road connects it with the surrounding La Chorrera area. Contact Casanova Realty to discuss the property and the next steps for evaluating its development potential.
In Short
The La Mitra parcel in La Chorrera covers 15,000 m² and is offered for $975,000, equivalent to $65 per m² based on the stated area. The property has paved road access, semi-flat topography, timber trees and an internal stream. Potential project types described for the land include residential, commercial, industrial and service uses.
Before You Decide
- The parcel offers 15,000 m² on a main road in La Mitra, with paved access and semi-flat topography.
- The described development concepts include residential, commercial, industrial and service projects.
- The internal stream and timber trees are notable site features to consider during planning.
- The asking price is $975,000, or $65 per m² based on the stated parcel area.
Highlights
- 15,000 m² of land
- Offered at $975,000
- Located on La Mitra's main road
- Paved road access
- Semi-flat topography
- Timber trees and an internal stream
- Potential uses include residential, commercial, industrial and service projects
- About five minutes from Hospital Nicolás Solano
At a Glance
- Status
- Available
- Asking price
- $975,000
- Price per m²
- $65
- Land area
- 15,000 m²
- Property type
- Land
- Parking spaces recorded
- 0
- Topography
- Semi-flat
- Access
- Paved road
- Neighborhood
- La Mitra
- City
- La Chorrera
- Province
- Panamá Oeste
- Listing ID
- CNV-PROP-092179
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 21 October 2026
- Last updated
- 21 October 2026
Gallery
8 photographs of this residence.
Explore Titled lot
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Features & Finishes
Layout
- Full baths
- 0
- Total
- 15,000 m² · 161,459 ft²
Parking & Storage
- Spaces
- 0
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $975,000
- Price per m²
- $65 / m²
- Cash to close (est.)
- $292,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $292,500
- Loan amount
- $682,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$4,202
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 parcel has a stated area of 15,000 m² and an asking price of $975,000.
- Site characteristics include paved access, semi-flat topography, timber trees and an internal stream.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$65 / m²
El Coco average$689 / m²
Panama average$4,306 / m²
Asking 91% below the El Coco average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 15,000 m² parcel on La Mitra's main road, offered at $975,000, with semi-flat topography, timber trees, an internal stream and paved access. Potential uses described include residential, commercial, industrial and service projects.
- —
- Gross yield
- —
- Net yield (est.)
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- 5-yr area growth
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- Days on market
Confirm land-use parameters, parcel boundaries and available utilities to evaluate the development concepts identified for the property.
Price History
- Listed · October 2026$975,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Coco
El Coco, La Chorrera
15,000 m² land for sale in La Chorrera
El Coco, La Chorrera
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
El Coco, La Chorrera, 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
How large is the land parcel?
The parcel measures 15,000 m².
What is the asking price?
The asking price is $975,000.
Where is the property?
The property is on the main road in La Mitra, in the El Coco area of La Chorrera, Panamá Oeste.
What is the property's topography and access like?
The property has semi-flat topography and paved road access.
What natural features are on the parcel?
The property includes timber trees and an internal stream.
What potential project types are described for the land?
Potential residential, commercial, industrial and service projects are described for the property.
How close is Hospital Nicolás Solano?
Hospital Nicolás Solano is approximately five minutes away.
Similar Properties
Same market, comparable size and price.
Interested in Land for Sale on La Mitra's Main Road?
Speak to our team — viewings in person or by video, usually within 48 hours.