1,800 m² Land in El Cangrejo
A 1,800 m² development opportunity in El Cangrejo
El Cangrejo, Panamá
Active
$1,500,000
USD$833 / m²
- 1,800 m²Lot area
Overview
Bring a residential or investment concept to life on a 1,800 m² property in El Cangrejo, one of Panama City’s established urban neighborhoods. Stated 1ZM7 zoning and the site’s scale make this a compelling opportunity for a buyer assessing development potential in the capital. An existing structure is already on the property. Depending on your plans, it may be evaluated for remodeling or considered for demolition, giving a future owner options when shaping the site for a new project. The property is offered for USD 1,500,000, equivalent to approximately USD 833.33 per m² based on the stated area. El Cangrejo’s urban setting brings residential streets together with dining and neighborhood services. The property is positioned for buyers seeking a development or investment opportunity within Panama City rather than a remote landholding. Explore the site’s potential and request further details about the property and its development parameters.
In Short
The El Cangrejo property has 1,800 m² of land, stated 1ZM7 zoning and an existing structure. Its asking price is USD 1,500,000, approximately USD 833.33 per m².
Before You Decide
- The 1,800 m² area and stated 1ZM7 zoning are central starting points for assessing a development concept.
- The existing structure may be considered for remodeling or demolition; its size, condition and permit status are not specified.
- The asking price is approximately USD 833.33 per m², derived from the stated price and area.
- Buyers should obtain authoritative zoning parameters, title information, a survey and utility details during due diligence.
Highlights
- 1,800 m² property in El Cangrejo
- Stated 1ZM7 zoning
- Existing structure on the property
- Structure may be evaluated for remodeling or considered for demolition
- Positioned for residential development or investment
- Asking price: USD 1,500,000
- Approximately USD 833.33 per m²
At a Glance
- Status
- Available for sale
- Asking price
- USD 1,500,000
- Price per m²
- Approximately USD 833.33
- Land area
- 1,800 m²
- Zoning
- 1ZM7
- Existing structure
- Yes
- Property type
- Land
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-013676
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
- 1,800 m² · 19,375 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,500,000
- Price per m²
- $833 / m²
- Cash to close (est.)
- $450,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $450,000
- Loan amount
- $1,050,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$6,465
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 this property using its 1,800 m² area, USD 1,500,000 asking price and stated 1ZM7 zoning.
- The implied asking price is approximately USD 833.33 per m², based on the stated area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$833 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 63% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property is offered at USD 1,500,000, or approximately USD 833.33 per m² based on its 1,800 m² area. It has stated 1ZM7 zoning and an existing structure.
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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 1,800 m² site and stated 1ZM7 zoning offer a basis for evaluating a residential development or investment concept. The existing structure may be assessed for remodeling or considered for demolition.
Price History
- Listed · October 2026$1,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
1,800 m² land for sale in El Cangrejo
El Cangrejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Cangrejo on Casanova today
- Active sale listings
- 249
- Active rentals
- 0
- Median asking price per m²
- $2,071
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 El Cangrejo property?
The property has an area of 1,800 m².
What zoning is stated for the property?
The stated zoning is 1ZM7.
Does the property include an existing structure?
Yes. An existing structure is present and may be considered for remodeling or demolition.
How much land is included?
The property has 1,800 m² of land.
What zoning is stated?
The stated zoning is 1ZM7.
Is there an existing structure?
Yes. An existing structure is present and may be considered for remodeling or demolition.
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Interested in 1,800 m² Land in El Cangrejo?
Speak to our team — viewings in person or by video, usually within 48 hours.