
Land with an Existing House in El Cangrejo
A 1,260 m² El Cangrejo site with an existing rented house
El Cangrejo, Panamá
$1,701,000
USD$1,350 / m²
- 1,260 m²Lot area
Overview
In El Cangrejo, this 1,260 m² property pairs a substantial urban parcel with an operational, two-storey house that is currently rented. Its 30 metres of street frontage and position on a two-way street give the property a notable presence in a neighbourhood known for a blend of residential and commercial activity. An 8.19% return is indicated as part of its investment proposition. The existing house is described as older construction, with ventilation and visibility toward the street. It has two floors, and the property details record three bedrooms and three bathrooms. The land area is 1,260 m²; the exact construction area of the house is not provided. The parcel is offered at USD 1,701,000, equivalent to USD 1,350 per m² based on the recorded lot area. El Cangrejo’s established residential-commercial character makes this a central-city opportunity for buyers assessing an income-producing property or a site for a future project, subject to confirming applicable requirements. The house is currently rented, so buyers can explore its existing income profile while reviewing lease details and the basis for the indicated return. Contact Casanova Realty to request further information and arrange a closer look.
In Short
This El Cangrejo property is offered for USD 1,701,000. It has a structured lot area of 1,260 m², 30 metres of frontage, and an existing rented two-storey house. Three bedrooms and three bathrooms are recorded for the property.
Before You Decide
- The parcel offers 1,260 m² of recorded land area and 30 m of frontage.
- An operational two-storey house is already on the property and is currently rented.
- Zoning, utility connections, lease terms, and the basis for the indicated return should be confirmed.
Highlights
- 1,260 m² lot in El Cangrejo
- USD 1,701,000 asking price
- 30 metres of street frontage
- Operational two-storey house on the property
- Existing house currently rented
- Three bedrooms and three bathrooms recorded
- Located on a two-way street in a residential-commercial area
- An 8.19% return is indicated
At a Glance
- Status
- Available
- Asking price
- $1,701,000
- Price per m²
- $1,350/m²
- Bedrooms
- 3
- Bathrooms
- 3
- Lot area
- 1,260 m²
- Frontage
- 30 m
- Existing house
- Operational, 2 floors; currently rented
- Indicated return
- 8.19%
- Property type
- Land with an existing house
- Neighbourhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-041430
Key Facts
- Category
- Land
- Unit type
- Land Lot
- New or resale
- Resale
- 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
- Bedrooms
- 3
- Full baths
- 3
- Total
- 1,260 m² · 13,563 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,701,000
- Price per m²
- $1,350 / m²
- Cash to close (est.)
- $510,300at 30% down
Mortgage Estimate
- Down payment
- 30% · $510,300
- Loan amount
- $1,190,700
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$7,331
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
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The asking price is USD 1,701,000, or USD 1,350 per m² using the structured 1,260 m² lot area.
- The property includes an existing rented house, unlike a vacant-land-only offering.
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 40% 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 as an investment in El Cangrejo, with an existing rented two-storey house and an indicated return of 8.19%. The calculation and rental income details should be confirmed.
- 8.2%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$1,701,000
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, Panama City
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?
How large is the lot?
How much street frontage does the property have?
Is there a house on the land?
What return is indicated for the property?
How many bedrooms and bathrooms are recorded?
Similar Properties
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Interested in Land with an Existing House in El Cangrejo?
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