350 m² Development Lot in El Cangrejo
A 350 m² mixed-use opportunity in El Cangrejo
El Cangrejo, Panama
Active
$1,200,000
USD$3,429 / m²
- 350 m²Lot area
- YesBuildable
Overview
In the heart of Panama City, this 350 m² lot brings a mixed-use development opportunity to El Cangrejo, a vibrant, dynamic neighborhood. Offered at $1,200,000, the property combines a central city location with development potential suited to a range of residential and commercial uses. The lot’s shape, location and zoning allow for mixed-use residential development, including apartment buildings with commercial spaces at street level. That combination offers a clear direction for a project that can bring homes and businesses together in one of Panama City’s established urban districts. El Cangrejo is known for its energetic city-center character and is described as one of Panama City’s promising areas. For investors and developers looking for land for sale in El Cangrejo, this 350 m² site offers a compelling starting point. Contact Casanova Realty to discuss the property and its development potential.
In Short
This El Cangrejo land lot measures 350 m² and is offered for $1,200,000. Its shape, location and zoning are described as allowing mixed-use residential development, including apartments and ground-floor commercial space.
Before You Decide
- The 350 m² lot is in El Cangrejo, a central Panama City neighborhood.
- The asking price equates to approximately $3,428.57 per m².
- Mixed-use development potential is described; confirm official zoning and development parameters during due diligence.
Highlights
- 350 m² lot in El Cangrejo, Panama City
- Asking price: $1,200,000
- Approximately $3,428.57 per m²
- Central location in a vibrant, dynamic neighborhood
- Mixed-use residential development potential
- Apartment buildings are among the indicated development options
- Ground-floor commercial spaces are part of the described potential
At a Glance
- Status
- Available
- Asking price
- $1,200,000
- Price per m²
- $3,428.57
- Lot area
- 350 m²
- Property type
- Land lot
- Development potential
- Mixed-use residential, including apartments and ground-floor commercial space
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-089649
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 13 October 2026
- Last updated
- 13 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
- Total
- 350 m² · 3,767 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,200,000
- Price per m²
- $3,429 / m²
- Cash to close (est.)
- $360,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $360,000
- Loan amount
- $840,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$5,172
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 $3,428.57-per-m² asking figure with other land offerings in El Cangrejo and nearby central districts.
- Evaluate the stated apartment and ground-floor commercial potential against verified zoning, density and site dimensions.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$3,429 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 53% above the El Cangrejo average — worth understanding what justifies it before you offer.
Investment Case
A 350 m² El Cangrejo lot offered at $1,200,000, with mixed-use residential development potential described for apartments and ground-floor commercial space.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Explore the mixed-use residential development potential, including apartments with ground-floor commercial space.
Price History
- Listed · October 2026$1,200,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panama
Land for sale in El Cangrejo, Panama City
El Cangrejo, Panama
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, Panama, 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 lot?
The lot measures 350 m².
What is the asking price?
The asking price is $1,200,000.
What type of development is described for the lot?
Mixed-use residential development is described, including apartment buildings with ground-floor commercial spaces.
Similar Properties
Same market, comparable size and price.
Interested in 350 m² Development Lot in El Cangrejo?
Speak to our team — viewings in person or by video, usually within 48 hours.