Land for Development in La Mitra, La Chorrera El Coco
A 520 m² development opportunity in La Mitra
El Coco, La Chorrera
Active
$2,606,760
USD$5,013 / m²
- 520 m²Lot area
Overview
A 520 m² parcel in La Mitra, La Chorrera, brings a clearly defined land opportunity to buyers considering a real-estate development project. The asking price is $2,606,760, giving the parcel a calculated asking rate of $5,013 per m². Its stated size and location offer a starting point for evaluating a project concept. The property is presented for real-estate development. Buyers can assess how the parcel may fit their plans while confirming permitted land uses, zoning, density limits, access and utility availability as part of their due diligence. Those details help establish the scope and feasibility of any proposed project. Located in La Mitra in the La Chorrera area of Panamá Oeste, the land offers a chance to explore a development opportunity beyond Panama City. Contact Casanova Realty to discuss the parcel and the information you will need to evaluate it. The asking-price-per-square-meter figure is calculated from the $2,606,760 asking price divided by the stated 520 m² area.
In Short
This land parcel in La Mitra, La Chorrera, has a stated area of 520 m² and an asking price of $2,606,760. The calculated asking price is $5,013 per m².
Before You Decide
- Confirm zoning, permitted uses and density before developing a project concept.
- Request a current survey, boundary dimensions and road-frontage details.
- Verify utility availability, title status and any environmental restrictions.
Highlights
- 520 m² of land
- Presented as a real-estate development opportunity
- Located in La Mitra, La Chorrera
- Asking price: $2,606,760 USD
- Calculated asking price: $5,013 per m²
- Exact source coordinates are available for location review
At a Glance
- Status
- Available
- Asking price
- $2,606,760
- Price per m²
- $5,013
- Land area
- 520 m²
- Property type
- Land
- Neighborhood
- La Mitra
- District
- La Chorrera
- Province
- Panamá Oeste
- Listing ID
- CNV-PROP-083554
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 8 October 2026
- Last updated
- 14 October 2026
Gallery
5 photographs of this residence.
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
- 520 m² · 5,597 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,606,760
- Price per m²
- $5,013 / m²
- Cash to close (est.)
- $782,028at 30% down
Mortgage Estimate
- Down payment
- 30% · $782,028
- Loan amount
- $1,824,732
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$11,235
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 calculated asking price is $5,013 per m², based on the stated 520 m² area.
- The asking price is $2,606,760 USD for the full parcel.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$5,013 / m²
El Coco average$689 / m²
Panama average$4,306 / m²
Asking 628% above the El Coco average — worth understanding what justifies it before you offer.
Investment Case
A 520 m² land opportunity in La Mitra, La Chorrera, offered at $2,606,760, or $5,013 per m² based on the stated 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
Price History
- Listed · October 2026$2,606,760
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Coco
El Coco, La Chorrera
Development land for sale in La Mitra
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
What is the asking price for the La Mitra land?
The asking price is $2,606,760 USD.
How large is the land parcel?
The stated land area is 520 m².
Where is the land located?
The parcel is in La Mitra, La Chorrera, Panamá Oeste, Panama.
What is the asking price per square meter?
The asking price works out to $5,013 per m², calculated from $2,606,760 divided by 520 m².
Is the land presented for real-estate development?
Yes. The property is presented as an opportunity for real-estate development.
Is the parcel presented for development?
Yes. It is presented as an opportunity for real-estate development.
Similar Properties
Same market, comparable size and price.
Interested in Land for Development in La Mitra, La Chorrera?
Speak to our team — viewings in person or by video, usually within 48 hours.