Land for sale in Nuevo Chorrillo, Arraiján
A 73,863.11 m² land opportunity in Nuevo Chorrillo
Arraiján, Arraiján
Active
$1,200,000
USD$16 / m²
- 73,863.11 m²Lot area
Overview
This 73,863.11 m² parcel brings substantial scale to Nuevo Chorrillo, with 383.13 m of frontage on a main road and an asking price of USD 1,200,000. Presented as an opportunity for residential urbanization, it offers a starting point for buyers evaluating a larger development concept.
In Short
The Nuevo Chorrillo land parcel measures 73,863.11 m² and is offered for USD 1,200,000, approximately USD 16.25 per m². It has 383.13 m of main-road frontage, paved access, and identified water, electricity, underground services, and telephone service. The stated distance to the Carretera Panamericana is 1.9 km.
Before You Decide
- The parcel offers 73,863.11 m² and 383.13 m of main-road frontage.
- The asking price is USD 1,200,000, approximately USD 16.25 per m².
- Zoning, density, and development approvals are not established and should be verified for the intended project.
- Utility connection details and service capacity are not provided.
Highlights
- 73,863.11 m² of land
- USD 1,200,000 asking price
- Approximately USD 16.25 per m²
- 383.13 m of frontage on a main road
- Paved-road access
- Potable water, electricity, underground services, and telephone service identified
- 1.9 km from the Carretera Panamericana
- Near Westland Mall and established residential areas
At a Glance
- Status
- For sale
- Asking price
- USD 1,200,000
- Price per m²
- USD 16.25
- Land area
- 73,863.11 m²
- Approximate hectares
- 7.386311 ha
- Road frontage
- 383.13 m
- Access
- Paved road
- Distance to Carretera Panamericana
- 1.9 km
- Property type
- Land
- Neighborhood
- Nuevo Chorrillo
- Corregimiento
- Juan Demóstenes Arosemena
- District
- Arraiján
- Province
- Panamá Oeste
- Listing ID
- CNV-PROP-046485
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 5 July 2024
- Last updated
- 4 October 2026
Gallery
10 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
- 73,863 m² · 795,055 ft²
Parking & Storage
- Covered
- No
Outdoor
- Grassed land
- Fenced
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,200,000
- Price per m²
- $16 / 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 parcel's USD 16.25 per m² asking price with other land using a confirmed survey area and comparable zoning.
- The 383.13 m road frontage is a stated measurement that can be compared with other development parcels.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$16 / m²
Arraiján average$1,876 / m²
Panama average$4,306 / m²
Asking 99% below the Arraiján average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The land is offered for USD 1,200,000, or approximately USD 16.25 per m² based on its stated area of 73,863.11 m². Its 383.13 m of frontage, paved-road access, and identified utility services are relevant considerations for a residential development concept. Zoning, development permissions, and infrastructure capacity have not been established.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
The 73,863.11 m² parcel and 383.13 m of road frontage offer scale for a residential development concept. Confirm zoning, service capacity, survey details, and approvals.
Price History
- Listed · July 2024$1,200,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Arraiján
Juan Demóstenes Arosemena, Arraiján
Land for sale in Nuevo Chorrillo, Arraiján
Arraiján, Arraiján
Positions are schematic, spaced by travel distance.
Get directionsArraiján on Casanova today
- Active sale listings
- 135
- Active rentals
- 0
- Median asking price per m²
- $1,471
Getting Around
Juan Demóstenes Arosemena, Arraiján, 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 for the Nuevo Chorrillo land?
The asking price is USD 1,200,000.
How large is the parcel?
The parcel measures 73,863.11 m², or 7.386311 hectares.
How much road frontage does the land have?
The land has 383.13 m of frontage on a main road.
Which utilities and services are identified?
Potable water, electricity, underground services, and telephone service to the land are identified.
How far is the land from the Pan-American Highway?
The stated distance to the Pan-American Highway is 1.9 km.
Which utilities are identified?
Potable water, electricity, underground services, and telephone service to the land are identified.
How far is the parcel from the Carretera Panamericana?
The stated distance is 1.9 km.
Similar Properties
Same market, comparable size and price.
Interested in Land for sale in Nuevo Chorrillo, Arraiján?
Speak to our team — viewings in person or by video, usually within 48 hours.