
Porta Oriente Land in Barrio Chino Santa Ana
A major development opportunity at the entrance to Casco Antiguo
Santa Ana, Panamá
$1,548,200
USD$1,465 / m²
- 1,056.81 m²Lot area
Overview
Lotes Porta Oriente brings together parcels totaling 1,056.81 m² in Barrio Chino, at the entrance to Casco Antiguo. With a stated sale price of $1,548,200, this is a substantial land opportunity in one of Panama City’s most historically distinctive settings. The proposed construction estimates outline two possible directions: 5,255.86 m² for a residential option, or 4,875.49 m² for a commercial option with parking. The stated zoning is Zona Mixta de Baja Intensidad (ZM2), with uses described as residential, neighborhood commerce, specialized services, nightlife commerce, and convention centers. Confirm permitted density, approvals, and buildable parameters before advancing a project. The location has access through Avenida Eloy Alfaro and Carlos A. Mendoza. The parcels are beside the San Felipe Neri public market, one block from Casco Parking, and a 3–5-minute walk from the Cinta Costera. The Gran Central project is identified as a nearby development expected to bring residential, commercial, and hotel uses to the area. Casco Antiguo is a historic district more than 400 years old and was declared a UNESCO World Heritage Site in 1997. Contact Casanova Realty to discuss the land, proposed development scenarios, and next steps.
In Short
The Porta Oriente land parcels total 1,056.81 m² and are offered for $1,548,200 USD. They are identified as Zona Mixta de Baja Intensidad (ZM2), with residential, neighborhood-commercial, specialized-service, nightlife-commerce, and convention-center uses described. The property is beside San Felipe Neri public market, one block from Casco Parking, and a 3–5-minute walk from the Cinta Costera.
Before You Decide
- Confirm the official zoning interpretation, density, and permitted uses before relying on either construction scenario.
- Request parcel-level title records, surveys, boundaries, and frontage details for the land included in the sale.
- Verify utility connections, capacity, heritage controls, and approval requirements for the intended project.
Highlights
- 1,056.81 m² of land across the Porta Oriente parcels
- Stated sale price: $1,548,200
- ZM2 mixed low-intensity zoning identified
- Residential construction estimate: 5,255.86 m²
- Commercial-with-parking construction estimate: 4,875.49 m²
- Beside the San Felipe Neri public market and one block from Casco Parking
- A 3–5-minute walk from the Cinta Costera
- Access through Avenida Eloy Alfaro and Carlos A. Mendoza
At a Glance
- Status
- Available
- Sale price
- $1,548,200
- Price per m²
- $1,464.97/m²
- Land area
- 1,056.81 m²
- Residential construction estimate
- 5,255.86 m²
- Commercial construction estimate with parking
- 4,875.49 m²
- Zoning
- ZM2 — mixed low intensity
- Development project
- Lotes Porta Oriente
- Neighborhood
- Barrio Chino, Casco Antiguo
- City
- Panama City
- Listing ID
- CNV-PROP-064959
Key Facts
- Category
- Land
- Property type
- Land / Lot
- Unit type
- Land Lot
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
6 photographs of this residence.
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Features & Finishes
Layout
- Total
- 1,057 m² · 11,375 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,548,200
- Price per m²
- $1,465 / m²
- Cash to close (est.)
- $464,460at 30% down
Mortgage Estimate
- Down payment
- 30% · $464,460
- Loan amount
- $1,083,740
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$6,673
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
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The residential construction estimate is 380.37 m² larger than the commercial-with-parking estimate; the figures are described as separate development options.
- The stated price equates to approximately $1,464.97 per m² of land, calculated from $1,548,200 divided by 1,056.81 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 73% below the Santa Ana average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At the stated $1,548,200 price, the land works out to approximately $1,464.97 per m², calculated from the total price and 1,056.81 m² area. The described construction estimates vary by proposed use: 5,255.86 m² for the residential option and 4,875.49 m² for the commercial option with parking.
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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
The proposed residential and commercial construction scenarios provide distinct development paths, subject to confirmation of zoning interpretation, permitted density, and approvals.
Price History
- Listed · October 2026$1,548,200
How You Can Pay
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Living in Santa Ana
Santa Ana, Panamá
Land for sale in Barrio Chino, Panama City
Santa Ana, Panamá
Positions are schematic, spaced by travel distance.
Get directionsSanta Ana on Casanova today
- Active sale listings
- 92
- Active rentals
- 0
- Median asking price per m²
- $2,092
Getting Around
Santa Ana, Panamá, Panamá · —
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Frequently Asked Questions
How much land is included in Porta Oriente?
What is the asking price?
What zoning is identified for the land?
What construction areas are estimated for the proposed options?
What uses are described under the stated zoning?
What nearby landmarks are identified?
How large is the Porta Oriente land offering?
What construction areas are described?
What zoning is identified?
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