Bathrooms
7 bathrooms
Land with an Existing House in El Carmen
A spacious El Carmen property with room for a new vision
El Carmen, Panamá
Active
$860,000
USD$1,113 / m²
- 1,010.25 m²Lot area
Overview
Set on a 1,010.25 m² lot in El Carmen, this property brings together substantial land, an existing house and outdoor features that invite a fresh approach. With 772.8 m² of construction, it offers scope to consider a remodel, a new use for the house or a broader real-estate project. The existing home has six bedrooms and seven bathrooms, complemented by seven parking spaces. A family room, front garden, garden, patio and backyard add useful space around the house. The property also includes a bohío-style terrace and a swimming pool, creating appealing outdoor areas within the lot. Offered for $860,000, this El Carmen property is presented as suitable for buyers considering construction or a real-estate project, as well as those looking to remodel or redefine the existing house. It sits in Panama City’s El Carmen neighborhood. Explore the property’s potential and arrange a visit to consider how its land, existing construction and outdoor features could fit your plans.
In Short
The El Carmen property is offered for sale at $860,000. It has a 1,010.25 m² lot, 772.8 m² of construction, an existing six-bedroom, seven-bathroom house and seven parking spaces. Stated outdoor features include a garden, patio, backyard, bohío-style terrace and swimming pool.
Before You Decide
- The property combines a 1,010.25 m² lot with 772.8 m² of existing construction.
- The existing house has 6 bedrooms and 7 bathrooms; the source does not specify the full-versus-half bathroom breakdown.
- Seven parking spaces are stated, but their configuration and cover are not specified.
- The property is presented as suitable for remodeling or exploring a real-estate project; zoning and permitted development remain unconfirmed.
- The source gives both a sale price and a rent price; confirm whether both transaction options are currently available.
Highlights
- 1,010.25 m² lot in El Carmen
- 772.8 m² of existing construction
- Existing house with 6 bedrooms and 7 bathrooms
- 7 parking spaces
- Swimming pool and bohío-style terrace
- Garden, front garden, patio and backyard
- Family room
- Presented as an opportunity to remodel or explore a development project
At a Glance
- Status
- Active; available for sale
- Asking price
- $860,000
- Price per m² of land
- $851.27/m²
- Bedrooms
- 6
- Bathrooms
- 7 total
- Construction area
- 772.8 m²
- Lot area
- 1,010.25 m²
- Parking
- 7 spaces
- Year built
- 1955
- Outdoor features
- Pool, garden, patio and bohío-style terrace
- Property type
- Land with existing house
- Neighborhood
- El Carmen
- City
- Panama City
- Listing ID
- CNV-PROP-002225
Key Facts
- Category
- Land
- Unit type
- Land Lot
- New or resale
- Resale
- Market tier
- Upper Mid
- Listed
- 12 August 2026
- Last updated
- 4 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.
- Family room
- 7 parking spaces
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
- Bedrooms
- 6
- Full baths
- 7
- Total
- 773 m² · 8,318 ft²
Parking & Storage
- Spaces
- 7
- Covered
- No
Interior
- Family room
Outdoor
- Front garden
- Garden
- Patio
- Backyard
- Bohío-style terrace
- Swimming pool
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $860,000
- Price per m²
- $1,113 / m²
- Cash to close (est.)
- $258,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $258,000
- Loan amount
- $602,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$3,707
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
HOA$0
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The calculated asking price is approximately $851.27 per m² of land, based on $860,000 divided by 1,010.25 m².
- The property has 772.8 m² of stated construction on a 1,010.25 m² lot.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$1,113 / m²
El Carmen average$1,768 / m²
Panama average$4,306 / m²
Asking 37% below the El Carmen average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $860,000, this El Carmen property combines a 1,010.25 m² lot with 772.8 m² of construction and an existing six-bedroom, seven-bathroom house. The property is presented as an opportunity to remodel, adapt or explore a development project; zoning and permitted density are not provided.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The existing house may offer a remodeling or adaptive-reuse opportunity, while the lot is presented as having potential for a building or other real-estate project. Buyers should confirm permitted uses and development parameters.
Price History
- Listed · August 2026$860,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Carmen
Bella Vista, Panamá
Land with 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 for the El Carmen property is $860,000.
How large are the lot and the existing construction?
The lot measures 1,010.25 m², and the existing construction measures 772.8 m².
What features does the property have?
The property has an existing six-bedroom, seven-bathroom house, seven parking spaces, a garden, patio, backyard, bohío-style terrace and swimming pool.
How many bedrooms, bathrooms and parking spaces are there?
The property has 6 bedrooms, 7 bathrooms and 7 parking spaces.
What is the monthly maintenance fee?
The property details give a maintenance fee of $0 per month; confirm whether this means there is no fee or the field is not applicable.
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Interested in Land with an Existing House in El Carmen?
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