Bathrooms
3 bathrooms
R2B-Zoned Land with House in El Carmen
A development-scale El Carmen parcel with a three-bedroom home
El Carmen, Panamá
Active
$800,000
USD$2,658 / m²
- 3Bed
- 3Bath
- 301 m²3,240 ft²
- 1,336.95 m²Lot
- 2Parking
Overview
In El Carmen, this offering pairs a substantial 1,336.95 m² trapezoidal parcel with an existing house—an uncommon combination for buyers considering a development project or a city property with room to grow. The land is zoned R2B and is surrounded by buildings, with access on Fourth Street, also known as Grecia Street. The property is listed at 301 m² and includes a house with three bedrooms and three bathrooms. A terrace and large garden extend the home outdoors, while two parking spaces add everyday practicality. The 301 m² property area and the land area offer distinct scale references for evaluating the opportunity. Set in El Carmen, Panama City, this address brings together an established urban neighborhood and a sizable parcel suited to buyers weighing the existing home against future development possibilities. Whether you plan to make the house your residence or explore the site’s development potential, this El Carmen property offers a rare blend of home and land. Contact Casanova Realty to arrange a conversation about the property and its R2B zoning.
In Short
The El Carmen property is offered for $800,000. It includes a three-bedroom, three-bathroom house, a terrace, a large garden and two parking spaces on a 1,336.95 m² R2B-zoned parcel. Its stated property area is 301 m².
Before You Decide
- The 1,336.95 m² parcel and R2B zoning make this property relevant to buyers evaluating development potential.
- The existing house offers three bedrooms, three bathrooms, a terrace, a large garden and two parking spaces.
- Confirm the 301 m² area basis, zoning parameters, title details and development permissions during due diligence.
Highlights
- 1,336.95 m² trapezoidal parcel
- R2B zoning
- Existing three-bedroom, three-bathroom house
- 301 m² property area
- Terrace and large garden
- Two parking spaces
- Located on Fourth Street, also called Grecia Street
- El Carmen, Panama City
At a Glance
- Status
- Available
- Asking price
- $800,000
- Price per m²
- $2,657.81/m²
- Bedrooms
- 3
- Bathrooms
- 3
- Property area
- 301 m²
- Land area
- 1,336.95 m²
- Parking
- 2 spaces
- Outdoor space
- Terrace and large garden
- Zoning
- R2B
- Property type
- Land with house
- Neighborhood
- El Carmen
- City
- Panama City
- Listing ID
- CNV-PROP-089169
Key Facts
- Category
- Residential
- Unit type
- House Villa
- Listed
- 13 October 2026
- Last updated
- 13 October 2026
Gallery
20 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
What's Included
Everything that stays with the residence.
- 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
- 301 m² · 3,240 ft²
Parking & Storage
- Spaces
- 2
- Covered
- No
Outdoor
- Garden
- Terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $800,000
- Price per m²
- $2,658 / 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
- Compare the 1,336.95 m² parcel area, R2B zoning and existing three-bedroom house with other El Carmen opportunities.
- The calculated asking price is approximately $2,657.81 per m², using the $800,000 price and 301 m² stated property area.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$2,658 / 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
At $800,000, this El Carmen property combines a 1,336.95 m² R2B-zoned parcel with an existing three-bedroom, three-bathroom house. The 301 m² area figure is used to calculate an indicative price of $2,657.81 per m².
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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$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, Panama
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
How large is the land parcel?
The land parcel measures 1,336.95 m².
How many bedrooms and bathrooms does the house have?
The house has three bedrooms and three bathrooms.
How many parking spaces are included?
Two parking spaces are stated.
What is the zoning?
The land is described as zoned R2B.
Similar Properties
Same market, comparable size and price.
Interested in R2B-Zoned Land with House in El Carmen?
Speak to our team — viewings in person or by video, usually within 48 hours.