RM-Zoned Land in Parque Lefevre
A 411 m² development opportunity in Parque Lefevre
Parque Lefevre, Panamá
Active
$315,000
USD$766 / m²
- 411 m²Lot area
Overview
Positioned in established Parque Lefevre, this 411 m² parcel brings together a strategic Panama City location and RM zoning. It is currently used as a taxi stand, and its access to major thoroughfares makes it a compelling option for investors, developers or businesses considering their next project. RM zoning offers possibilities for medium-density residential development as well as projects compatible with current regulations. The parcel is offered for $315,000, equivalent to approximately $766.42 per m² based on its 411 m² area. The exact development potential of a proposed project depends on the applicable regulations. From Parque Lefevre, the property description highlights access to Vía España, Vía Cincuentenario and Corredor Sur. These connections place the site within reach of key city routes while keeping the focus on an established Panama City neighborhood. Explore the potential of this RM-zoned land and request more information about the parcel and its development parameters.
In Short
This Parque Lefevre land parcel measures 411 m² and is offered for $315,000, or approximately $766.42 per m². It has RM zoning and access to Vía España, Vía Cincuentenario and Corredor Sur.
Before You Decide
- RM zoning and the stated medium-density residential possibilities may suit a development-oriented buyer, subject to current regulations.
- The parcel is currently used as a taxi stand; buyers should establish any occupancy or handover arrangements.
- The asking price equates to approximately $766.42 per m² based on the stated parcel area.
Highlights
- 411 m² parcel in Parque Lefevre
- RM zoning
- Currently used as a taxi stand
- Access to Vía España
- Access to Vía Cincuentenario
- Access to Corredor Sur
- Asking price: $315,000
- Approximately $766.42 per m²
At a Glance
- Status
- For sale
- Asking price
- $315,000
- Price per m²
- $766.42/m²
- Land area
- 411 m²
- Zoning
- RM
- Current use
- Taxi stand
- Property type
- Land
- Neighborhood
- Parque Lefevre
- City
- Panama City
- Listing ID
- CNV-PROP-011820
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
6 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
- 411 m² · 4,424 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $315,000
- Price per m²
- $766 / m²
- Cash to close (est.)
- $94,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $94,500
- Loan amount
- $220,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,358
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 parcel combines a stated area of 411 m² with RM zoning.
- The named access routes are Vía España, Vía Cincuentenario and Corredor Sur.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$766 / m²
Parque Lefevre average$1,452 / m²
Panama average$4,306 / m²
Asking 47% below the Parque Lefevre average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $315,000 for 411 m², the asking price equates to approximately $766.42 per m². RM zoning and the stated medium-density residential development possibilities may appeal to investors and developers, subject to current regulations.
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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 RM zoning and stated potential for medium-density residential development may interest investors and developers, subject to current regulations.
Price History
- Listed · October 2026$315,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Parque Lefevre
Parque Lefevre, Panamá
RM-zoned land for sale in Parque Lefevre
Parque Lefevre, Panamá
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, Panamá, 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 Parque Lefevre land parcel?
The parcel measures 411 m².
What is the asking price and price per square metre?
The asking price is $315,000, or approximately $766.42 per m² based on the 411 m² area.
What zoning does the parcel have?
The parcel has RM zoning. The stated possibilities include medium-density residential development and compatible projects, subject to current regulations.
How is the parcel currently used?
The parcel is currently used as a taxi stand.
Which major roads can be accessed from the area?
The property description identifies Vía España, Vía Cincuentenario and Corredor Sur as accessible main thoroughfares.
What is the asking price?
The asking price is $315,000.
What zoning designation applies?
The parcel has RM zoning. The stated possibilities include medium-density residential development and compatible projects, subject to current regulations.
What is the current use of the land?
The parcel is currently used as a taxi stand.
Similar Properties
Same market, comparable size and price.
Interested in RM-Zoned Land in Parque Lefevre?
Speak to our team — viewings in person or by video, usually within 48 hours.