45 hectares of land for sale in Cerro Azul 24 de Diciembre
A 45-hectare canvas for nature-led projects in Cerro Azul
24 de Diciembre, Panamá
Active
$365,000
USD$1 / m²
- 450,000 m²Lot area
Overview
Set in Cerro Azul, this 450,000 m² property brings together a substantial land area, a natural setting, and topography identified as part of its development appeal. At $365,000, it offers a rare scale for buyers looking to explore a nature-focused project in one of Panama’s cool, biodiverse areas. The land is presented as a canvas for eco-cabins, a mountain restaurant concept, birdwatching, an eco-retreat or wellness retreat, hiking trails, and other visitor experiences. These are potential directions to investigate, rather than existing facilities. The natural surroundings and topography are central to the property’s appeal; detailed land measurements, zoning, utilities, and development approvals are not provided here. Cerro Azul is valued by nature lovers and specialized tourism, and the area is described as having strong ecotourism demand. For a buyer with a sustainable-development vision, the scale creates room to assess a distinctive destination concept. Contact Casanova Realty to discuss the property and arrange the next steps for due diligence.
In Short
The land in Cerro Azul measures 450,000 m², or 45 hectares, and is offered for $365,000—approximately $0.81 per m². Potential concepts include eco-cabins, a mountain restaurant, birdwatching, a wellness retreat, hiking trails, and tourism experiences.
Before You Decide
- At 45 hectares, the property offers substantial scale for evaluating a nature-based tourism concept.
- Confirm zoning, permits, environmental constraints, access, and utilities before committing to a development plan.
- The approximate price is $0.81 per m², based on the asking price and stated area.
Highlights
- 450,000 m² of land, equivalent to 45 hectares
- Asking price: $365,000
- Approximately $0.81 per m², calculated from the asking price and stated area
- Located in Cerro Azul, Panama
- Natural setting and topography identified as development advantages
- Potential concepts include eco-cabins and a mountain restaurant
- Birdwatching, hiking, and eco-retreat concepts are among the proposed possibilities
- Cerro Azul is positioned for nature lovers and specialized tourism
At a Glance
- Status
- For sale
- Asking price
- $365,000
- Price per m²
- $0.81/m²
- Land area
- 450,000 m²
- Equivalent area
- 45 hectares
- Property type
- Land
- Neighborhood
- Cerro Azul
- City / area
- Panama East
- Listing ID
- CNV-PROP-013144
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
8 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
- 450,000 m² · 4,843,755 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $365,000
- Price per m²
- $1 / m²
- Cash to close (est.)
- $109,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $109,500
- Loan amount
- $255,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,573
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 stated total area of 450,000 m² and the asking price of $365,000 when comparing land opportunities.
- The derived asking-price metric is approximately $0.81 per m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$1 / m²
24 de Diciembre average$4,168 / m²
Panama average$4,306 / m²
Asking 100% below the 24 de Diciembre average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $365,000 for 450,000 m² (45 hectares), the asking price equates to approximately $0.81 per m². The natural setting offers several concepts to investigate for sustainable tourism, subject to zoning, feasibility, and approvals.
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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
The acreage and natural setting may support evaluation of nature-based tourism concepts, including eco-cabins, birdwatching, hiking experiences, or a retreat, subject to due diligence and applicable approvals.
Price History
- Listed · October 2026$365,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in 24 de Diciembre
24 de Diciembre, Panamá
45-hectare land for sale in Cerro Azul
24 de Diciembre, Panamá
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
24 de Diciembre, 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 land in Cerro Azul?
The land measures 450,000 m², equivalent to 45 hectares.
What is the asking price?
The asking price is $365,000.
What is the approximate price per square meter?
Approximately $0.81 per m², calculated by dividing $365,000 by 450,000 m².
What development concepts are proposed for the land?
Ideas to explore include eco-cabins, a mountain restaurant, birdwatching, an eco-retreat or wellness retreat, hiking trails, and tourism experiences.
Similar Properties
Same market, comparable size and price.
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Interested in 45 hectares of land for sale in Cerro Azul?
Speak to our team — viewings in person or by video, usually within 48 hours.