Office for Sale at Balboa Office Center
Balboa Office CenterAvenida Balboa
- 1,285 m²
$2,200,000
$1,712 / m²
1,260 m² Land Parcel in Bella Vista Avenida Balboa
A 1,260 m² development opportunity near Avenida Balboa
Avenida Balboa, Panamá
Active
$3,250,000
USD$2,579 / m²
- 1,260 m²Lot area
Overview
Set diagonally across from the Yacht Club in Bella Vista, this 1,260 m² parcel brings together a substantial footprint and a central Panama City location. The land is listed with sea and city views and RM3-C2 zoning, offering a distinctive opportunity for a project close to Avenida Balboa. The parcel measures approximately 42 m along the street and 30 m deep. Residential and commercial planning concepts are presented, including a university or medical center. The Hospital del Niño project site is nearby, adding a significant local landmark for investors to consider as they assess the area's future activity. Avenida Balboa is one block away, with access to the Cinta Costera lifestyle and nearby supermarkets and restaurants. Santo Tomás Metro station is two blocks away, connecting the site with an important public-transit stop. Offered for $3,250,000, the land combines generous dimensions, an urban setting and proximity to key Bella Vista destinations. Contact Casanova Realty to discuss the parcel and arrange the next steps for evaluating its potential.
In Short
The Bella Vista land parcel measures 1,260 m² and is offered at $3,250,000, approximately $2,579.37 per m². Its stated zoning is RM3-C2, with 42 m of street frontage and 30 m of depth. Avenida Balboa is one block away and Santo Tomás Metro station is two blocks away.
Before You Decide
- Confirm RM3-C2 permitted uses and development parameters before selecting a project concept.
- Request a current survey to verify the stated 1,260 m² area and dimensions.
- Confirm current asking price and availability before arranging a purchase review.
- Check utility connections, site conditions and title documentation as part of due diligence.
Highlights
- 1,260 m² land parcel
- RM3-C2 zoning
- Approximately 42 m of street frontage
- Approximately 30 m of depth
- Sea and city views
- Diagonally across from the Yacht Club
- One block from Avenida Balboa and the Cinta Costera
- Two blocks from Santo Tomás Metro station
At a Glance
- Status
- Available
- Asking price
- $3,250,000
- Price per m²
- $2,579.37
- Land area
- 1,260 m²
- Street frontage
- 42 m
- Depth
- 30 m
- Zoning
- RM3-C2
- Views
- Sea and city
- Property type
- Land
- Neighborhood
- Avenida Balboa, Bella Vista
- City
- Panama City
- Listing ID
- CNV-PROP-049929
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 9 August 2021
- Last updated
- 13 October 2026
Gallery
7 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
- 1,260 m² · 13,563 ft²
Systems & Comfort
- Views
- City
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $3,250,000
- Price per m²
- $2,579 / m²
- Cash to close (est.)
- $975,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $975,000
- Loan amount
- $2,275,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$14,008
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 asking price equates to approximately $2,579.37 per m² using the stated $3,250,000 price and 1,260 m² area.
- The parcel combines a stated 42 m street frontage with 30 m of depth.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$2,579 / m²
Avenida Balboa average$2,685 / m²
Panama average$4,306 / m²
Asking 4% below the Avenida Balboa average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $3,250,000, the asking price is approximately $2,579.37 per m², calculated from the 1,260 m² parcel 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
Confirm zoning parameters, allowable uses, utility availability, and development feasibility for the proposed project concept.
Price History
- Listed · August 2021$3,250,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Avenida Balboa
Bella Vista, Panamá
1,260 m² land for sale in Bella Vista
Avenida Balboa, Panamá
Positions are schematic, spaced by travel distance.
Get directionsAvenida Balboa on Casanova today
- Active sale listings
- 313
- Active rentals
- 0
- Median asking price per m²
- $2,588
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 Bella Vista parcel?
The parcel measures 1,260 m², with approximately 42 m of street frontage and 30 m of depth.
What zoning is listed for the property?
The stated zoning is RM3-C2.
What is the asking price?
The asking price is $3,250,000 USD, or approximately $2,579.37 per m² based on 1,260 m².
What is the parcel's area?
The parcel measures 1,260 m².
What is the listed zoning?
The listed zoning is RM3-C2.
What are the frontage and depth?
The parcel has approximately 42 m of street frontage and 30 m of depth.
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Interested in 1,260 m² Land Parcel in Bella Vista?
Speak to our team — viewings in person or by video, usually within 48 hours.