Development land in El Espino, La Chorrera El Coco
Two adjoining parcels with Pan-American Highway frontage
El Coco, La Chorrera
Active
$4,700,000
USD
- 99,626 m²Lot area
Overview
Two adjoining rectangular parcels in El Espino bring a substantial Pan-American Highway frontage to a site with potential for commercial, light-industrial, or residential development. The property is in western Panama, in La Chorrera district, near the Río Perequete and close to the boundary with Capira. The asking price is $4,700,000. The terrain is varied but mostly flat, with medium-sized hills within the property that may be used for leveling or fill. A 102 m frontage meets the Pan-American Highway, and a dirt road provides a second access route at the rear. The property is approximately 7 km from the exit of the Panamá–La Chorrera highway. With road frontage and rear access, the two-parcel site offers a buyer several development possibilities to assess. El Espino combines a position on a major westbound corridor with a setting near the Río Perequete and the La Chorrera–Capira district boundary. Contact Casanova Realty to discuss the property and arrange a visit.
In Short
The land in El Espino is offered for sale at $4,700,000. The two adjoining parcels have 102 m of Pan-American Highway frontage, rear dirt-road access, mostly flat terrain with medium-sized hills, and potential described for commercial, light-industrial, or residential projects.
Before You Decide
- 102 m of frontage on the Pan-American Highway provides direct road exposure.
- The rear dirt-road access offers a second access route; its legal status and condition should be confirmed.
- The terrain is mostly flat but includes medium-sized hills that may be used for leveling or fill.
- The combined area and parcel measurements should be checked against a current survey.
- Zoning, permitted uses, utilities, and title details are not established.
Highlights
- Two adjoining rectangular parcels
- 102 m of frontage on the Pan-American Highway
- Rear access by a dirt road
- Mostly flat terrain with medium-sized hills
- Potential uses include commercial, light-industrial, or residential projects
- Approximately 7 km from the exit of the Panamá–La Chorrera highway
- Near the Río Perequete
- In El Espino, La Chorrera, close to the Capira district boundary
At a Glance
- Status
- Available
- Asking price
- $4,700,000
- Property type
- Land
- Road frontage
- 102 m
- Parcels
- Two adjoining rectangular parcels
- Neighborhood
- El Espino
- District
- La Chorrera
- Province
- Panamá Oeste
- Listing ID
- CNV-PROP-087728
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 8 October 2026
- Last updated
- 13 October 2026
Gallery
5 photographs of this residence.
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Features & Finishes
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,700,000
- Cash to close (est.)
- $1,410,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,410,000
- Loan amount
- $3,290,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$20,257
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
- The property has a stated 102 m of frontage on the Pan-American Highway.
- The land comprises two adjoining rectangular parcels rather than a single described parcel.
Value Comparison
Asking price per m², against the building, the sector and the country.
El Coco average$689 / m²
Panama average$4,306 / m²
Investment Case
Two adjoining parcels with Pan-American Highway frontage and development potential described for commercial, light-industrial, or residential use.
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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 stated development possibilities include commercial, light-industrial, and residential projects; zoning, utilities, and parcel details should be established during due diligence.
Price History
- Listed · October 2026$4,700,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Coco
El Coco, La Chorrera
Land for sale in El Espino
El Coco, La Chorrera
Positions are schematic, spaced by travel distance.
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El Coco, La Chorrera, Panamá Oeste · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How much Pan-American Highway frontage does the land have?
The property has 102 m of frontage on the Pan-American Highway.
How is the property accessed?
The land fronts the Pan-American Highway and also has rear access by a dirt road.
What development uses are described?
Potential uses described for the adjoining parcels include commercial, light-industrial, and residential projects.
What development uses are described for the land?
Potential uses described include commercial, light-industrial, or residential projects.
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Interested in Development land in El Espino, La Chorrera?
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