Land with a 3-bedroom house in El Carmen
A development-sized parcel with an existing home in El Carmen
El Carmen, Panamá
Active
$800,000
USD$2,652 / m²
- 3Bed
- 3Bath
- 301.67 m²3,247 ft²
- 1,336.95 m²Lot
- 2Parking
Overview
In El Carmen, this R2B-zoned property brings together a substantial parcel and an existing house—an appealing combination for buyers considering a development project or a home with generous outdoor space. The 1,336.95 m² trapezoidal lot is flat, fenced, tree-lined and surrounded by buildings. The house offers 301.67 m² of area, with 3 bedrooms, 3 bathrooms and a separate service bedroom. Its layout includes a living room, dining room, kitchen and breakfast area, along with closets, a patio, a terrace and a large garden. Two parking spaces are included. The property also has potable water service, underground services and telephone service to the property. Road access and easy access are noted, while the setting is described as quiet and close to a commercial area. The house was built in 1966. Set on Fourth Street in El Carmen, also identified as Grecia Street, the property combines urban access with a private garden setting. Explore the potential of this R2B-zoned parcel and arrange a visit to learn more.
In Short
The El Carmen property is offered for $800,000 and includes a 1,336.95 m² R2B-zoned parcel and a 1966-built house with 3 bedrooms, 3 bathrooms and 2 parking spaces.
Before You Decide
- The 1,336.95 m² parcel has R2B zoning and is described as ideal for development.
- The existing house provides 3 bedrooms, 3 bathrooms, a service bedroom and two parking spaces.
- The parcel is described as flat, fenced and tree-lined, with road access and potable water service.
Highlights
- 1,336.95 m² R2B-zoned parcel
- Existing 3-bedroom, 3-bathroom house
- Separate service bedroom
- 301.67 m² of reported property area
- Large garden, patio and terrace
- Two parking spaces
- Flat, fenced, tree-lined trapezoidal lot
- Potable water, underground services and telephone service to the property
At a Glance
- Status
- Available
- Asking price
- $800,000
- Price per land m²
- $598.38/m²
- Bedrooms
- 3
- Bathrooms
- 3
- Reported property area
- 301.67 m²
- Land area
- 1,336.95 m²
- Parking
- 2 spaces
- Year built
- 1966
- Property type
- House with land
- Zoning
- R2B
- Neighborhood
- El Carmen
- City
- Panama City
- Listing ID
- CNV-PROP-016475
Key Facts
- Category
- Residential
- Unit type
- House Villa
- New or resale
- Resale
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
6 photographs of this residence.
What's Included
Everything that stays with the residence.
- Closet
- Kitchen
- Living room
- Dining room
- Breakfast area
- Service bedroom
- 2 parking spaces
Explore House
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
- Bedrooms
- 3
- Full baths
- 3
- Total
- 302 m² · 3,247 ft²
Systems & Comfort
- Views
- Street
Parking & Storage
- Spaces
- 2
- Covered
- No
Interior
- Closet
- Kitchen
- Living room
- Dining room
- Breakfast area
- Service bedroom
Outdoor
- Garden
- Patio
- Terrace
- Trees
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $800,000
- Price per m²
- $2,652 / m²
- Cash to close (est.)
- $240,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $240,000
- Loan amount
- $560,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$3,448
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 asking price is approximately $598.38 per land m², calculated from $800,000 divided by the stated 1,336.95 m² parcel area.
- The parcel includes an existing house rather than vacant land alone.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$2,652 / m²
El Carmen average$1,768 / m²
Panama average$4,306 / m²
Asking 50% above the El Carmen average — worth understanding what justifies it before you offer.
Investment Case
The 1,336.95 m² R2B-zoned parcel in El Carmen is described as suitable for development and includes an existing three-bedroom house.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$800,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Carmen
Bella Vista, Panamá
Land and house for sale in El Carmen
El Carmen, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Carmen on Casanova today
- Active sale listings
- 51
- Active rentals
- 0
- Median asking price per m²
- $1,754
Getting Around
Bella Vista, 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
What is the asking price?
The asking price is $800,000 USD.
How large is the parcel?
The parcel measures 1,336.95 m².
What are the house's bedroom and bathroom counts?
The house has 3 bedrooms and 3 bathrooms, plus a service bedroom.
How many parking spaces are included?
The property has 2 parking spaces.
What zoning does the parcel have?
The parcel is zoned R2B.
What zoning does the land have?
The parcel is zoned R2B.
Similar Properties
Same market, comparable size and price.
Interested in Land with a 3-bedroom house in El Carmen?
Speak to our team — viewings in person or by video, usually within 48 hours.