El Cangrejo land and three-level office building
A substantial corner parcel in El Cangrejo with an existing office building
El Cangrejo, Panamá
Active
$8,250,000
USD$2,009 / m²
- 4,106 m²Lot area
- FlatTopography
- YesBuildable
Overview
This approximately 4,106 m² corner property brings together a sizeable urban parcel and an existing three-level office building in El Cangrejo. The site fronts Via Manuel Espinosa and Via Argentina, offers approximately 100 linear metres of road frontage, and has access from three streets. Its flat topography and prominent corner position make the scale and access especially notable. The existing office building has five bathrooms, and the property includes 29 parking spaces. The land is identified as ZM7, with zoning described as permitting buildings of up to 20 floors. Together, the existing structure, parking and stated zoning provide important starting points for a buyer assessing the property’s next use; detailed development potential and approvals should be confirmed during due diligence. Located on Calle Eusebio Morales in central El Cangrejo, the property sits by the Via Argentina corridor and Via Manuel Espinosa. The location combines a central Panama City address with access from three streets. Contact Casanova Realty to discuss the property, request further details and arrange a visit.
In Short
The El Cangrejo property is offered for sale at USD 8,250,000. It includes a 4,106 m² parcel, an existing three-level office building, five bathrooms and 29 parking spaces. The corner site has access from three streets, approximately 100 linear metres of road frontage, flat topography and stated ZM7 zoning.
Before You Decide
- The parcel combines an existing office building with a large urban site.
- The property has 29 parking spaces and access from three streets.
- Confirm the exact surveyed area and road frontage before evaluating price per square metre.
- Verify the ZM7 zoning designation and applicable development controls with official documentation.
- Request building construction area, condition, utility details and title information during due diligence.
Highlights
- Approximately 4,106 m² of land
- Corner property in El Cangrejo
- Existing three-level office building
- Five bathrooms
- 29 parking spaces
- Approximately 100 linear metres of road frontage
- Access from three streets
- ZM7 zoning described as permitting buildings up to 20 floors
At a Glance
- Status
- Available
- Asking price
- $8,250,000
- Price per m²
- $2,009.01/m²
- Property type
- Land with existing office building
- Land area
- 4,106 m²
- Bathrooms
- 5
- Parking
- 29 spaces
- Existing building
- Three-level office building
- Zoning
- ZM7
- Road frontage
- Approximately 100 linear metres
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-043286
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
5 photographs of this residence.
What's Included
Everything that stays with the residence.
- 29 parking spaces
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
- Full baths
- 5
- Total
- 4,106 m² · 44,197 ft²
Parking & Storage
- Spaces
- 29
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $8,250,000
- Price per m²
- $2,009 / m²
- Cash to close (est.)
- $2,475,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $2,475,000
- Loan amount
- $5,775,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$35,558
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
- Use the structured 4,106.0 m² area as the current comparison basis, while noting the description's approximate 4,106.51 m² figure.
- The property has an existing three-level office building and 29 parking spaces.
- The asking price is USD 8,250,000, equivalent to approximately USD 2,009.01 per m² using the structured area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$2,009 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 10% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property combines a 4,106 m² parcel, an existing three-level office building, 29 parking spaces, and a stated ZM7 zoning designation.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$8,250,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
4,106 m² land for sale in El Cangrejo
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 · —
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 El Cangrejo parcel?
The parcel is approximately 4,106 m².
What structures and parking are on the property?
The property includes a three-level office building and 29 parking spaces.
What zoning and road access are stated for the property?
The property is described as ZM7, permitting buildings up to 20 floors, with access from three streets.
How many bathrooms and parking spaces are included?
The property is reported to have five bathrooms and 29 parking spaces.
What building is on the property?
The property includes an existing three-level office building; no building name is provided.
What zoning is stated for the property?
The property is identified as ZM7, described as permitting buildings up to 20 floors.
Does the property have access from more than one street?
Yes. The property is described as having access from three streets.
Similar Properties
Same market, comparable size and price.
Hotel Suites Ambassador for sale in El Cangrejo
Hotel Suites AmbassadorEl Cangrejo
- 3,707 m²
$4,500,000
$1,214 / m²
Interested in El Cangrejo land and three-level office building?
Speak to our team — viewings in person or by video, usually within 48 hours.