RM3-C2 land for sale in Costa del Este
A 1,500 m² development opportunity on Avenida Centenario
Costa del Este, Panamá
Active
$3,750,000
USD$2,500 / m²
- 1,500 m²Lot area
- FlatTopography
- YesBuildable
Overview
Set on Avenida Centenario in Costa del Este, this 1,500 m² parcel brings together a flat site, existing fill across the property, and RM3-C2 zoning. Offered at USD 3,750,000, it is positioned for buyers evaluating a substantial residential or mixed-use development opportunity in one of Panama City’s established growth areas. The land is described as completely flat, with fill maintained at the recommended elevation. Its RM3-C2 classification is presented as suitable for high-density projects such as multifamily apartment buildings, with the possibility of commercial premises at ground level. Verify the applicable development parameters and approvals before moving forward. Access to potable water, electricity, sanitary and stormwater sewerage, and telephone lines is reported for the site. The property also benefits from access to main roads, including the Corredor Sur. Costa del Este’s nearby conveniences include Town Center, restaurants in local plazas, supermarkets, pharmacies, convenience stores, schools and universities, parks, green spaces, sports areas, and public transport. Contact us to discuss the site and arrange a visit.
In Short
The Costa del Este land parcel measures 1,500 m² and is offered for USD 3,750,000, or USD 2,500 per m² based on the stated area. It is described as flat, filled, and zoned RM3-C2, with access to water, electricity, sanitary and stormwater sewerage, and telephone lines.
Before You Decide
- Confirm RM3-C2 permitted uses, density, height, setbacks, and approvals before assigning a development yield.
- Obtain the current survey and verify lot dimensions, boundaries, and road frontage.
- Validate utility connection points, capacity, and costs with the relevant providers.
- Review title, registry records, soil conditions, and fill documentation before acquisition.
Highlights
- 1,500 m² land parcel on Avenida Centenario
- Asking price: USD 3,750,000
- RM3-C2 zoning identified for the property
- Flat topography with fill across the site
- Fill maintained at the recommended elevation
- Reported access to water, electricity, sewerage, and telephone lines
- Main-road access, including the Corredor Sur
- Near Town Center, restaurants, schools, parks, shops, and public transport
At a Glance
- Status
- Available
- Asking price
- USD 3,750,000
- Price per m²
- USD 2,500/m²
- Land area
- 1,500 m²
- Property type
- Land
- Zoning
- RM3-C2
- Topography
- Flat
- Neighborhood
- Costa del Este
- City
- Panama City
- Listing ID
- CNV-PROP-044257
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 4 October 2026
- Last updated
- 4 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
- 1,500 m² · 16,146 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $3,750,000
- Price per m²
- $2,500 / m²
- Cash to close (est.)
- $1,125,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,125,000
- Loan amount
- $2,625,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$16,163
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 stated land area is 1,500 m².
- The listed price is USD 3,750,000, or USD 2,500 per m² based on the stated land area.
- The property is identified as RM3-C2 zoned land on Avenida Centenario in Costa del Este.
- The site is described as flat and filled, with reported access to essential utilities.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$2,500 / m²
Costa del Este average$3,154 / m²
Panama average$4,306 / m²
Asking 21% below the Costa del Este average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 1,500 m² land parcel offered at USD 3,750,000, equivalent to USD 2,500 per m² based on the stated land area. Its RM3-C2 zoning, flat topography, site fill, and reported access to essential utility networks make it a candidate for development analysis. Verify permitted uses, capacity, and approvals before acquisition.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The advertised development potential, flat topography, site fill, and access to public utility networks may support evaluation of a multifamily project with possible ground-floor retail, subject to zoning and permit verification.
Price History
- Listed · October 2026$3,750,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Costa del Este
Juan Díaz, Panamá
Land for sale in Costa del Este
Costa del Este, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCosta del Este on Casanova today
- Active sale listings
- 1,370
- Active rentals
- 0
- Median asking price per m²
- $2,859
Getting Around
Juan Díaz, Panamá, Panamá · Panama City
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 parcel?
The parcel is listed as 1,500 m².
What is the asking price?
The asking price is USD 3,750,000, or USD 2,500 per m² based on the stated area.
What zoning is identified for the land?
The land is identified as RM3-C2. Confirm permitted uses and development parameters with the relevant authorities.
Which utilities are available at the site?
The property description reports access to potable water, electricity, sanitary and stormwater sewerage, and telephone lines.
Are pets or short-term rentals allowed?
This is a land parcel, and no pet or short-term-rental rules are provided.
What is the asking price and price per square metre?
The asking price is USD 3,750,000. Dividing that price by the stated 1,500 m² area gives USD 2,500 per m².
What zoning is listed for the property?
The property is identified as RM3-C2. Confirm the permitted uses and development parameters with the relevant authorities.
Which utilities are reported as available?
Access to potable water, electricity, sanitary and stormwater sewerage, and telephone lines is reported.
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Interested in RM3-C2 land for sale in Costa del Este?
Speak to our team — viewings in person or by video, usually within 48 hours.