Obarrio House with ZM6 Development Potential

Set in Urbanización Obarrio, this two-level residence offers an unusual combination: established home life, generous private outdoor areas and a development-minded setting in the heart of Panama City. Its ZM6 mixed commercial-residential zoning is described with potential for buildings up to 15 floors, creating possibilities for a future project subject to verification of current parameters and approvals. The house provides 650 m² of construction on a 950 m² lot. Upstairs are three bedrooms, each with a private bathroom, a family room, a balcony and a spacious terrace with open views toward the city and garden. The main level includes an elegant foyer, separate study, expansive living room, formal dining room, kitchen and laundry with independent access. Two staff rooms share a dedicated bathroom; a separate room can serve security or gardening needs. Covered parking accommodates two cars. Outside, a rear terrace opens to an enclosed garden and private pool, giving the property room for relaxed days and social gatherings. Obarrio’s central financial-district setting places the home in one of Panama City’s established urban neighborhoods. Explore its potential as a distinctive residence or investigate the site’s development prospects. Contact us to arrange a visit and discuss the property’s zoning parameters.