
Colina del Mar Residential Development in La Mitra La Chorrera
A 49,000 m² residential development ready for its next chapter
La Chorrera, La Chorrera
$4,500,000
USD$92 / m²
- 49,000 m²Lot area
Overview
Colina del Mar brings a substantial, partially built residential project to market as one full acquisition in La Mitra, La Chorrera. Across 49,000 m², the development combines homes already taking shape with a separately planned inventory of residential lots—giving a developer a substantial platform to reactivate and commercialize. The project includes 18 homes reported at 60%–80% completion and 51 fully segregated residential lots, each described as having its own registered property title. Installed urban infrastructure is in place. Phase 2 can continue across the segregated lots without additional subdivision processes or structural approvals, as described for the development. The 18 homes offer a separate path to completion and individual resale. Community infrastructure includes a gated entrance with security access, perimeter fencing, a clubhouse, a swimming pool and a social area. Development began in 2019 and paused during the 2020 pandemic; the project is now under new management and positioned for reactivation. The offering is for the complete development and describes potential structures that include a full acquisition, structured development financing or a joint venture. Located in La Mitra, La Chorrera, Colina del Mar is an opportunity to assess and advance a large-scale residential project. Contact Casanova Realty to discuss the acquisition and request project details.
In Short
The full Colina del Mar development in La Mitra, La Chorrera, is offered for $4,500,000. Its stated total area is 49,000 m². The project comprises 18 homes reported 60%–80% complete and 51 segregated residential lots, plus installed urban infrastructure, a gated entrance with security access, perimeter fencing, a clubhouse, a swimming pool and a social area.
Before You Decide
- The acquisition covers a stated 49,000 m² and a complete residential development.
- The project combines 18 partially completed homes with 51 segregated residential lots.
- The stated community facilities include a clubhouse, swimming pool, social area, gated access and perimeter fencing.
- Verify titles, construction status, permits, infrastructure connections and Phase 2 approvals during due diligence.
Included in the sale. The offering includes the full residential development, including 18 homes under construction, 51 segregated residential lots and installed urban infrastructure.
Highlights
- Full 49,000 m² residential development offered for acquisition
- 18 homes in advanced construction, reported at 60%–80% completion
- 51 fully segregated residential lots, each described as individually titled
- Installed urban infrastructure
- Gated entrance with security access and perimeter fencing
- Clubhouse, swimming pool and social area
- Project began in 2019 and is under new management for reactivation
- Acquisition, structured development financing and joint venture options described
At a Glance
- Status
- Active; available
- Asking price
- $4,500,000
- Price per m²
- $91.84/m²
- Total area
- 49,000 m²
- Property type
- Residential development / land
- Homes in construction
- 18; reported 60%–80% complete
- Segregated residential lots
- 51
- Community
- Colina del Mar
- Neighborhood
- La Mitra
- City and district
- La Chorrera
- Province
- Panamá Oeste
- Listing ID
- CNV-PROP-012236
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
9 photographs of this residence.
What's Included
Everything that stays with the residence.
- The offering includes the full residential development, including 18 homes under construction, 51 segregated residential lots and installed urban infrastructure.
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
- 49,000 m² · 527,431 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,500,000
- Price per m²
- $92 / m²
- Cash to close (est.)
- $1,350,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,350,000
- Loan amount
- $3,150,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$19,395
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
Total, before mortgage:$0 / month
If you let it out
The proposed transaction structures include full project acquisition, structured development financing, or a joint venture.
How It Compares
- The calculated asking price is approximately $91.84 per m², using the full $4,500,000 price and stated 49,000 m² area.
- The offering combines 18 homes under construction and 51 segregated lots rather than a single undeveloped parcel.
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 100% below the La Chorrera average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Colina del Mar is offered at $4,500,000 for the full 49,000 m² development in La Mitra, La Chorrera. The project includes 18 homes at reported completion levels of 60%–80%, 51 segregated residential lots, installed urban infrastructure, a gated entrance with security access, perimeter fencing, a clubhouse, a swimming pool and a social area. The stated price equates to approximately $91.84 per m², calculated from the asking price divided by the 49,000 m² area.
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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
Complete the 18 partially built homes and continue development across the 51 segregated lots. The project is offered for full acquisition, structured development financing, or a joint venture.
Price History
- Listed · October 2026$4,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in La Chorrera
Playa Leona, La Chorrera
Residential development for sale in La Mitra
La Chorrera, La Chorrera
Positions are schematic, spaced by travel distance.
Get directionsLa Chorrera on Casanova today
- Active sale listings
- 137
- Active rentals
- 0
- Median asking price per m²
- $1,202
Getting Around
Playa Leona, 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
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How many homes are under construction?
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Similar Properties
Same market, comparable size and price.
Interested in Colina del Mar Residential Development in La Mitra?
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