5-Hectare Land Parcel in La Mitra, La Chorrera
Five hectares to consider in La Mitra
La Chorrera, La Chorrera
Active
$400,000
USD$80,000 / m²
- 50,000 m²Lot area
Overview
Five hectares of land in La Mitra, La Chorrera, make this a substantial land opportunity in Panamá Oeste. The parcel is offered for $400,000, with its area stated as 50,000 m². Its defining qualities are its scale and its location in La Mitra, within the La Chorrera area. The property is offered as land rather than a built residence. No bedroom, bathroom, parking, building, or interior-area details are provided. Buyers can assess the parcel against their plans and verify permitted land uses, utility availability, access, boundaries, and title documentation as part of due diligence. Using the stated 50,000 m² land area, the asking price works out to $8 per m². Located in La Mitra, La Chorrera, Panamá Oeste, the parcel is described as spacious and well located. Its five-hectare scale gives buyers a clear starting point for evaluating the opportunity, while the stated price makes the asking amount transparent. Contact Casanova Realty to request further property details and discuss next steps for reviewing the land.
In Short
This land parcel in La Mitra, La Chorrera, is offered for $400,000. The stated lot area is 50,000 m², equivalent to 5 hectares.
Before You Decide
- Confirm the 50,000 m² area with a survey because another structured area value differs.
- Request zoning, utility, access, and title information before evaluating permitted uses.
- The $8 per m² figure is calculated from the $400,000 asking price and the stated 50,000 m² area.
Highlights
- 5 hectares of land in La Mitra
- Land area stated as 50,000 m²
- Offered for $400,000
- Approximately $8 per m² using the stated land area
- Located in La Chorrera, Panamá Oeste
- A spacious parcel for buyers to assess against their own plans
At a Glance
- Status
- Available
- Asking price
- $400,000
- Price per m²
- $8/m²
- Land area
- 50,000 m² (5 hectares)
- Property type
- Land
- Neighborhood
- La Mitra
- City
- La Chorrera
- Listing ID
- CNV-PROP-077701
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 8 October 2026
- Last updated
- 8 October 2026
Gallery
16 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
- 5 m² · 54 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $400,000
- Price per m²
- $80,000 / m²
- Cash to close (est.)
- $120,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $120,000
- Loan amount
- $280,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,724
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 $8 per m² asking-price calculation with other land parcels only after confirming area and land-use details.
- The parcel is stated to measure 5 hectares in La Mitra, La Chorrera.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$80,000 / m²
La Chorrera average$22,071 / m²
Panama average$4,306 / m²
Asking 262% above the La Chorrera average — worth understanding what justifies it before you offer.
Investment Case
The asking price equates to $8 per m² when calculated using the stated 50,000 m² land area.
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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 · October 2026$400,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in La Chorrera
Playa Leona, La Chorrera
Land for sale in La Mitra, La Chorrera
La Chorrera, La Chorrera
Positions are schematic, spaced by travel distance.
Get directionsLa Chorrera on Casanova today
- Active sale listings
- 137
- Active rentals
- 0
- Median asking price per m²
- $1,202
Getting Around
Playa Leona, 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
What is the asking price?
The land is offered for $400,000.
Where is the land located?
The property is identified as being in La Mitra, La Chorrera, Panamá Oeste.
Similar Properties
Same market, comparable size and price.
Interested in 5-Hectare Land Parcel in La Mitra, La Chorrera?
Speak to our team — viewings in person or by video, usually within 48 hours.