Land on José Agustín Arango Avenue Parque Lefevre
A 1,543 m² commercial-corridor opportunity in Parque Lefevre
Parque Lefevre, Panama
Active
$695,000
USD
- 1,543 m²Lot area
Overview
A 1,543 m² parcel on Ave. José Agustín Arango puts a substantial landholding along one of Panama City’s principal commercial arteries. Offered at $695,000, it is positioned for buyers evaluating a commercial, corporate or investment project in an active urban corridor. Potable water and electricity are available at the property. The parcel’s scale and location provide a basis for exploring a project concept, while the specific development plan, zoning and applicable approvals should be confirmed during due diligence. Parque Lefevre brings this site into a city setting described by nearby commercial plazas, businesses, companies and a range of services. The avenue provides access and connectivity within Panama City. For a closer look at this land investment opportunity on José Agustín Arango Avenue, contact Casanova Realty to discuss the property and arrange next steps.
In Short
The land parcel on José Agustín Arango Avenue in Parque Lefevre measures 1,543 m² and is offered for sale at $695,000. Potable water and electricity are available; the property is presented for commercial, corporate or investment project consideration.
Before You Decide
- The parcel offers 1,543 m² along a major commercial avenue in Panama City.
- Potable water and electricity are reported as available.
- Confirm zoning, permitted uses, title, survey and utility capacity before evaluating a development plan.
Highlights
- 1,543 m² land parcel
- For sale at $695,000
- Located on Ave. José Agustín Arango
- In Parque Lefevre, Panama City
- Potable water available
- Electricity available
- Near commercial plazas, businesses and services
- Presented for commercial, corporate or investment project consideration
At a Glance
- Status
- Available
- Asking price
- $695,000
- Price per m²
- $450.42/m²
- Land area
- 1,543 m²
- Property type
- Land
- Year built
- 1988
- Neighborhood
- Parque Lefevre
- City
- Panama City
- Listing ID
- CNV-PROP-011412
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 29 September 2026
- Last updated
- 3 October 2026
Gallery
9 photographs of this residence.
Explore Titled lot
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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
- $695,000
- Cash to close (est.)
- $208,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $208,500
- Loan amount
- $486,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,995
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
- Asking price: $695,000.
- Land area: 1,543 m².
- Calculated asking price per land area: approximately $450.42/m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Parque Lefevre average$1,452 / m²
Panama average$4,306 / m²
Investment Case
A 1,543 m² parcel on a major Panama City commercial avenue, offered for commercial, corporate or investment project consideration.
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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
Price History
- Listed · September 2026$695,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Parque Lefevre
Parque Lefevre, Panama
Land for sale on José Agustín Arango Avenue
Parque Lefevre, Panama
Positions are schematic, spaced by travel distance.
Get directionsParque Lefevre on Casanova today
- Active sale listings
- 55
- Active rentals
- 0
- Median asking price per m²
- $1,000
Getting Around
Parque Lefevre, 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
What is the asking price?
The asking price is $695,000.
How large is the land parcel?
The parcel has 1,543 m² of land.
Where is the property located?
It is on Ave. José Agustín Arango in Parque Lefevre, Panama City.
Which utilities are available at the property?
Potable water and electricity are available.
Are utilities available?
Potable water and electricity are available.
What development uses are described for the site?
The property is presented for commercial, corporate or investment project consideration.
Similar Properties
Same market, comparable size and price.
Interested in Land on José Agustín Arango Avenue?
Speak to our team — viewings in person or by video, usually within 48 hours.