House and 1,336.95 m² Lot for Sale in El Carmen
A rare expanse of land with a home in El Carmen
El Carmen, Panamá
Active
$1,160,000
USD$3,845 / m²
- 3Bed
- 3Bath
- 301.67 m²3,247 ft²
- 1,336.95 m²Lot
- 2Parking
Overview
Set in El Carmen, this property pairs a substantial 1,336.95 m² trapezoidal lot with an existing home—an uncommon combination in this established Panama City neighborhood. The flat, tree-bearing site is fenced and has buildings around it, giving buyers a compelling opportunity to assess the land alongside the residence. The house offers 301.67 m² of total property area, with 3 bedrooms, 3 bathrooms and 2 parking spaces. A terrace and spacious garden extend the outdoor living areas. Built in 1966, the home sits on a lot with a street-facing view; its interior finishes and room-by-room layout are not specified. Located on Calle Cuarta, also identified as Calle Grecia, in El Carmen, Bella Vista, the property has road access and easy access to a nearby commercial area. Potable water service, underground services and telephone service to the lot are noted. The property is indicated as R2B zoned, making it worth exploring for buyers assessing land-use options. Contact Casanova Realty to discuss the property and arrange a visit.
In Short
The El Carmen property is offered for $1,160,000 and includes a 1,336.95 m² flat, trapezoidal lot and an existing 301.67 m² home built in 1966. The house has 3 bedrooms, 3 bathrooms, 2 parking spaces, a terrace and a garden. R2B zoning is indicated.
Before You Decide
- The property combines a 1,336.95 m² lot with an existing house.
- The house was built in 1966; its current condition and renovation history are not provided.
- The property is indicated as R2B zoned; buyers should verify current permitted uses.
- Potable water, underground services and telephone service to the lot are noted.
Highlights
- 1,336.95 m² flat, trapezoidal lot
- 301.67 m² total property area
- Existing house with 3 bedrooms and 3 bathrooms
- Terrace and spacious garden
- 2 parking spaces
- Fenced lot with trees
- Potable water, underground services and telephone service to the lot
- R2B zoning indicated; nearby commercial area and road access
At a Glance
- Status
- Available for sale
- Asking price
- $1,160,000
- Price per total area
- $3,845.26/m²
- Price per land area
- $867.65/m²
- Bedrooms
- 3
- Bathrooms
- 3
- Total property area
- 301.67 m²
- Lot area
- 1,336.95 m²
- Parking
- 2 spaces
- Year built
- 1966
- Lot and outdoor features
- Flat, trapezoidal, fenced lot; trees, garden and terrace
- Zoning
- R2B
- Property type
- House with land
- Neighborhood
- El Carmen
- City
- Panama City
- Listing ID
- CNV-PROP-020438
Key Facts
- Category
- Residential
- Unit type
- House Villa
- New or resale
- Resale
- Listed
- 7 June 2026
- Last updated
- 7 September 2026
Gallery
10 photographs of this residence.
What's Included
Everything that stays with the residence.
- 2 parking spaces
Explore House
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
- Total
- 302 m² · 3,247 ft²
Systems & Comfort
- Views
- Street
Parking & Storage
- Spaces
- 2
- Covered
- No
Outdoor
- Garden
- Terrace
- Fenced lot
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,160,000
- Price per m²
- $3,845 / m²
- Cash to close (est.)
- $348,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $348,000
- Loan amount
- $812,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$5,000
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
- Land area: 1,336.95 m².
- Total property area: 301.67 m².
- Asking price: $1,160,000.
- Derived asking price per land area: approximately $867.65/m².
Value Comparison
Asking price per m², against the building, the sector and the country.
House$3,845 / m²
El Carmen average$1,768 / m²
Panama average$4,306 / m²
Asking 117% above the El Carmen average — worth understanding what justifies it before you offer.
Investment Case
At an asking price of $1,160,000, the property offers a 1,336.95 m² lot and an existing 301.67 m² home. The asking price equates to approximately $867.65 per m² of land or $3,845.26 per m² using the 301.67 m² total property-area figure.
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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 · June 2026$1,160,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Carmen
Bella Vista, Panamá
House and land for sale in El Carmen, Panama
El Carmen, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Carmen on Casanova today
- Active sale listings
- 51
- Active rentals
- 0
- Median asking price per m²
- $1,754
Getting Around
Bella Vista, 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 $1,160,000.
How large is the lot?
The lot measures 1,336.95 m².
How many bedrooms, bathrooms and parking spaces does the house have?
The house has 3 bedrooms, 3 bathrooms and 2 parking spaces.
What zoning is indicated for the property?
The property is indicated as R2B zoned.
What services and outdoor features are noted?
The property has potable water service, underground services, telephone service to the lot, a fenced and tree-bearing lot, a garden and a terrace.
What zoning is indicated?
R2B zoning is indicated.
What outdoor features does the property have?
The property has a terrace, a garden, a fenced lot and trees.
Similar Properties
Same market, comparable size and price.
Interested in House and 1,336.95 m² Lot for Sale in El Carmen?
Speak to our team — viewings in person or by video, usually within 48 hours.