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 parcel with commercial potential
Obarrio, Panamá
Active
$4,000,000
USD$24 / m²
- 166,479.8 m²Lot area
Overview
Bring a commercial concept to the heart of Obarrio. This centrally positioned parcel is offered for sale with potential for a building project, a commercial plaza, or a food-truck or fast-food operation. The property has a main entrance with a parking booth and parking signage. Its open development potential offers a range of ways to shape a business-focused project, from a food-service concept to a commercial destination. The asking price is USD 4,000,000. Via España, Via Argentina station, El Rey supermarket, parks, plazas and hotels are all described as about one minute away. That central setting puts daily services and established urban destinations close at hand. Explore whether this Obarrio land fits your next commercial or development project.
In Short
This Obarrio land parcel is offered for USD 4,000,000. It has a main entrance with a parking booth and parking signage, and is near Via España, Via Argentina station, El Rey supermarket, parks, plazas and hotels.
Before You Decide
- Confirm the parcel area and boundaries against a current survey.
- Verify zoning, permitted uses, density and development requirements.
- Confirm utility connections and road frontage before evaluating a project.
- The asking price is USD 4,000,000.
Highlights
- Land for sale in central Obarrio
- Asking price: USD 4,000,000
- Potential for a building project or commercial plaza
- Food-truck or fast-food use identified as a possibility
- Main entrance with a parking booth
- Parking signage on the property
- About one minute from Via España and Via Argentina station
- Near El Rey supermarket, parks, plazas and hotels
At a Glance
- Status
- For sale
- Asking price
- USD 4,000,000
- Property type
- Land
- Neighborhood
- Obarrio
- City
- Panama City
- Listing ID
- CNV-PROP-067415
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
15 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
- 3
- Full baths
- 2
- Total
- 166,480 m² · 1,791,972 ft²
Parking & Storage
- Covered
- No
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
- Compare this parcel with other Obarrio land offerings by verified area, frontage, zoning and permitted density.
- The calculated price per square metre depends on resolving the conflicting area figures.
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
A central Obarrio parcel offered for USD 4,000,000, with commercial and development uses identified as possibilities. Confirm the land area, permitted uses and development parameters before assessing feasibility.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
The property is presented as suitable for building, with potential commercial uses including a food truck or fast-food restaurant and a commercial plaza.
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
Obarrio land for sale in Panama City
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 for the Obarrio land?
The asking price is USD 4,000,000.
What uses are identified for the parcel?
Potential uses identified include building, a food truck or fast-food restaurant, and a commercial plaza.
What development uses are identified?
Potential uses identified include building, a commercial plaza, and a food-truck or fast-food operation.
Similar Properties
Same market, comparable size and price.
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$4,000 / m²
Interested in Land for Sale in Obarrio, Panama City?
Speak to our team — viewings in person or by video, usually within 48 hours.