1,222.20 m² Land Lot in Panama City Río Abajo
A flat, fully paved 1,222.20 m² urban lot
Río Abajo, Panamá
Active
$450,000
USD$368 / m²
- 1,222.2 m²Lot area
- FlatTopography
Overview
At Calle 22 in Río Abajo, this 1,222.20 m² land lot stands out for its fully flat, paved surface and clearly stated dimensions. The front dimension is 18 m, and the lot extends 67.9 m in depth—a substantial footprint for buyers evaluating urban land in Panama City. The parcel is described as entirely flat and paved. Its stated area is 1,222.20 m², with dimensions of 18 m at the front by 67.9 m deep. The recorded zoning is C2 Commercial / RN1 High-Density Residential, providing a defined zoning designation to consider when assessing the land. Offered for $450,000, the asking price works out to approximately $368.19 per m², calculated from the stated land area. Set in Panama City, this is a sizeable urban parcel with a flat, paved surface and identified commercial and high-density residential zoning. Contact Casanova Realty to discuss the property and arrange a closer review.
In Short
The land lot at Calle 22, Río Abajo, is listed for sale at $450,000. It measures 1,222.20 m², is described as flat and paved, and has stated C2 Commercial / RN1 High-Density Residential zoning.
Before You Decide
- The land area is 1,222.20 m², with stated dimensions of 18 m by 67.9 m.
- The stated zoning combines C2 Commercial and RN1 High-Density Residential designations.
- The asking price is $450,000, or approximately $368.19 per m² based on the stated area.
- The surface is described as fully flat and paved.
Highlights
- 1,222.20 m² of land
- Fully flat and paved surface
- 18 m front dimension
- 67.9 m lot depth
- C2 Commercial / RN1 High-Density Residential zoning
- $450,000 asking price
- Located at Calle 22, Río Abajo, Panama City
At a Glance
- Status
- Available
- Asking price
- $450,000
- Price per m²
- $368.19/m²
- Land area
- 1,222.20 m²
- Front and depth
- 18 m × 67.9 m
- Surface
- Flat and paved
- Zoning
- C2 Commercial / RN1 High-Density Residential
- Property type
- Land lot
- Neighborhood
- Río Abajo
- City
- Panama City
- Listing ID
- CNV-PROP-044009
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 4 October 2026
- Last updated
- 4 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
- 1,222 m² · 13,156 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $450,000
- Price per m²
- $368 / m²
- Cash to close (est.)
- $135,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $135,000
- Loan amount
- $315,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,940
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
- Compare the $368.19/m² asking-price calculation with other land parcels using the same area basis.
- Compare the stated C2 Commercial / RN1 High-Density Residential zoning with the zoning and permitted uses of alternative parcels.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$368 / m²
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Asking 63% below the Río Abajo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At the asking price of $450,000, the stated 1,222.20 m² land area equates to approximately $368.19 per m². The parcel is described as flat and paved, with C2 Commercial / RN1 High-Density Residential zoning.
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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$450,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Río Abajo
Río Abajo, Panamá
Land for sale in Panama City
Río Abajo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsRío Abajo on Casanova today
- Active sale listings
- 34
- Active rentals
- 0
- Median asking price per m²
- $779
Getting Around
Río Abajo, 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 for the land?
The asking price is $450,000 USD.
How large is the lot?
The stated land area is 1,222.20 m².
What are the lot dimensions?
The stated dimensions are 18 m at the front by 67.9 m deep.
What is the zoning?
The stated zoning is C2 Commercial / RN1 High-Density Residential.
What is the land surface like?
The land is described as fully flat and paved.
Is the land flat or paved?
The land is described as fully flat and paved.
Similar Properties
Same market, comparable size and price.
Interested in 1,222.20 m² Land Lot in Panama City?
Speak to our team — viewings in person or by video, usually within 48 hours.