1ZM7-zoned land in El Cangrejo
A 1ZM7-zoned development opportunity in El Cangrejo
El Cangrejo, Panamá
Active
$1,500,000
USD
Overview
Land in El Cangrejo, Panama City, offered at $1,500,000, presents an opportunity for buyers considering residential development or investment. The property is identified with 1ZM7 zoning, giving developers a specific zoning designation to investigate as they assess the site and their project plans. An existing structure is on the property. Buyers can evaluate whether it may suit a remodeling plan or whether demolition better fits their intended project. The land area, building dimensions, utility connections and development parameters have not been provided, so these details should be confirmed as part of site and zoning due diligence. Set in El Cangrejo, the property offers a location in Panama City for a custom project or investment strategy. Its $1,500,000 asking price and stated zoning provide a starting point for evaluating the opportunity. Contact Casanova Realty to discuss the property and arrange next steps for reviewing the site, the existing structure and applicable development requirements.
In Short
This El Cangrejo land property is offered for sale at $1,500,000. It is identified with 1ZM7 zoning and an existing structure; residential development or investment is presented as potential use. The land area and development parameters are not provided.
Before You Decide
- Confirm the parcel area and dimensions before calculating price per square metre or evaluating a project.
- Verify the 1ZM7 zoning designation and applicable development rules with the relevant authority.
- Assess the existing structure to determine whether remodeling or demolition better suits the intended use.
- Request utility, survey and title information as part of property due diligence.
Highlights
- Land for sale in El Cangrejo, Panama City
- Asking price: $1,500,000 USD
- Identified with 1ZM7 zoning
- Existing structure on the property
- Structure may be evaluated for remodeling or demolition
- Presented for residential development or investment
- Exact land area and development parameters require confirmation
At a Glance
- Status
- Available
- Asking price
- $1,500,000
- Property type
- Land
- Zoning
- 1ZM7
- Existing structure
- Yes
- Neighborhood
- El Cangrejo
- City
- Panama City
- Corregimiento
- Bella Vista
- Listing ID
- CNV-PROP-089121
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 13 October 2026
- Last updated
- 13 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
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,500,000
- 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 the $1,500,000 asking price with other El Cangrejo land opportunities after confirming parcel area and zoning parameters.
- The property has an existing structure; compare its condition and potential remodeling or demolition costs with other sites.
Value Comparison
Asking price per m², against the building, the sector and the country.
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Investment Case
This El Cangrejo land property is offered at $1,500,000 and carries 1ZM7 zoning. It has an existing structure that may be evaluated for remodeling or demolished, with residential development or investment presented as potential uses.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The existing structure offers a choice to evaluate remodeling or consider demolition, subject to the buyer's plans and due diligence.
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
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
What is the asking price for the land in El Cangrejo?
The asking price is $1,500,000 USD.
What zoning does the property have?
The property is identified with 1ZM7 zoning.
Is there an existing structure on the land?
Yes. The property has an existing structure that may be evaluated for remodeling or demolished, depending on the buyer's plans.
What is the land area?
The land area has not been provided.
What zoning is stated for the property?
The property is identified with 1ZM7 zoning.
Does the property have an existing structure?
Yes. The property has an existing structure that may be evaluated for remodeling or demolished.
Similar Properties
Same market, comparable size and price.
Four-Apartment Building for Sale on Vía Argentina
Edificio 59 y 61El Cangrejo
- 1,000 m²
$1,500,000
$1,500 / m²
Interested in 1ZM7-zoned land in El Cangrejo?
Speak to our team — viewings in person or by video, usually within 48 hours.