New Development
120 m² Apartment in Obarrio
Obarrio 72-unit residential developmentObarrio
- 2 Beds
- 2.5 Baths
- 120 m²
Price on request
Land for Sale in Obarrio, Panama City
A central Obarrio site with room for a commercial vision
Obarrio, Panamá
Active
$4,000,000
USD$24 / m²
- 166,479.8 m²Lot area
Overview
Positioned in the heart of Obarrio, this $4,000,000 parcel brings a central Panama City location together with a main entrance, parking booth and parking signage. Its urban setting places everyday destinations and major city routes close at hand, making it a compelling site to explore for a commercial or development concept. The property is presented as suitable for building. Potential concepts identified for the site include a food-truck or fast-food operation, as well as a commercial plaza. The existing entrance setup and parking signage provide practical features for a prospective project, while zoning, utilities and development parameters are available for buyer verification. Via España, Via Argentina station, El Rey supermarket, parks, plazas and hotels are all cited nearby, giving the location access to a mix of transport, shopping and city services. For buyers seeking land for sale in Obarrio with a central position and several possible commercial directions, this is an opportunity worth exploring. Contact Casanova Realty to discuss the property and arrange the next steps.
In Short
This Obarrio land parcel is offered for sale at $4,000,000. Potential concepts include a food-truck or fast-food operation and a commercial plaza. Nearby destinations named include Via España, Via Argentina station, El Rey supermarket, parks, plazas and hotels.
Before You Decide
- The stated asking price is $4,000,000.
- The parcel area needs confirmation before evaluating land value per square metre.
- Zoning, utilities and development parameters should be confirmed for a proposed project.
Highlights
- Offered for sale at $4,000,000
- Central Obarrio location in Panama City
- Main entrance with a parking booth
- Parking signage on the property
- Presented as suitable for building
- Potential concepts include a food-truck or fast-food operation
- A commercial plaza is another potential use
- Near Via España, Via Argentina station, El Rey, parks, plazas and hotels
At a Glance
- Status
- Available
- Asking price
- $4,000,000
- Property type
- Land
- Neighborhood
- Obarrio
- City
- Panama City
- Listing ID
- CNV-PROP-067226
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
16 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
- Bedrooms
- 1
- Full baths
- 1
- Total
- 166,480 m² · 1,791,972 ft²
Parking & Storage
- Covered
- No
Outdoor
- Main entrance with parking booth
- Parking signage
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,000,000
- Price per m²
- $24 / m²
- Cash to close (est.)
- $1,200,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,200,000
- Loan amount
- $2,800,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$17,240
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 property is in Obarrio, Panama City, and has a main entrance with a parking booth and signage.
- The source identifies food-truck or fast-food activity and a commercial plaza as possible concepts.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$24 / m²
Obarrio average$2,445 / m²
Panama average$4,306 / m²
Asking 99% below the Obarrio average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Rental income, operating costs, and investment yields have not been established.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$4,000,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Obarrio
Bella Vista, Panamá
Land for sale in Obarrio, Panama
Obarrio, Panamá
Positions are schematic, spaced by travel distance.
Get directionsObarrio on Casanova today
- Active sale listings
- 278
- Active rentals
- 0
- Median asking price per m²
- $2,124
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 $4,000,000.
What location is the land in?
The land is in Obarrio, Panama City.
What nearby places are identified?
Via España, Via Argentina station, El Rey supermarket, parks, plazas and hotels are identified nearby.
What uses are proposed for the site?
Potential concepts named include a food-truck or fast-food operation and a commercial plaza.
Similar Properties
Same market, comparable size and price.
Office Building for Sale on Calle 54 Este, Obarrio
Edificio de oficinas en Calle 54 Este, ObarrioObarrio
- 1,595 m²
$2,998,000
$1,880 / m²
Interested in Land for Sale in Obarrio, Panama City?
Speak to our team — viewings in person or by video, usually within 48 hours.