Land with an Existing House in El Cangrejo

A 1,260 m² El Cangrejo site with an existing rented house

El Cangrejo, Panamá

Active

$1,701,000

USD$1,350 / m²

  • 1,260 m²Lot area
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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

Frequently Asked Questions

What is the asking price?
The asking price is USD 1,701,000.
How large is the lot?
The structured lot area is 1,260 m².
How much street frontage does the property have?
The property has 30 metres of frontage.
Is there a house on the land?
Yes. The property includes an operational, two-storey house with older construction, which is currently rented.
What return is indicated for the property?
An 8.19% return is indicated; the calculation and rental-income details are not provided.
How many bedrooms and bathrooms are recorded?
The property details record three bedrooms and three bathrooms.

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