Río Abajo land with 1ZM2 zoning
Flexible development potential in Río Abajo
Río Abajo, Panamá
Active
$275,000
USD
- 763.05 m²Lot area
Overview
At $275,000, this 763.05 m² Río Abajo parcel stands out for its stated 1ZM2 zoning and the range of project types it can accommodate. The zoning allows potential residential, commercial, office, and light-industrial development, giving investors and developers several directions to explore. The property is land in Río Abajo, within Panama City. Its 763.05 m² area offers a substantial site for a project shaped around the parcel and its applicable development parameters. The indicated asking price works out to approximately $360.40 per m². Río Abajo offers access to main roads, transportation, and services, connecting the parcel with the wider city. For buyers seeking a development opportunity in an accessible urban area, this site brings together a versatile stated zoning designation and a connected location. Contact Casanova Realty to discuss the property and arrange a closer look at its development potential.
In Short
The Río Abajo land parcel measures 763.05 m² and is offered for $275,000. Its stated 1ZM2 zoning allows potential residential, commercial, office, and light-industrial development. The property is in Río Abajo, Panamá district, Panamá province.
Before You Decide
- The stated 1ZM2 zoning supports consideration of several potential development types.
- The asking price is approximately $360.40 per m² based on the stated parcel area.
- The property is described as having access to main roads, transportation, and services.
Highlights
- 763.05 m² land parcel in Río Abajo
- Offered for $275,000
- Approximately $360.40 per m²
- Stated 1ZM2 zoning
- Potential residential development
- Potential commercial and office projects
- Potential light-industrial development
- Access to main roads, transportation, and services
At a Glance
- Status
- Available
- Asking price
- $275,000
- Price per m²
- $360.40/m²
- Land area
- 763.05 m²
- Zoning
- 1ZM2
- Property type
- Land
- Neighborhood
- Río Abajo
- City
- Panama City
- District
- Panamá
- Province
- Panamá
- Monthly maintenance fee
- $0
- Listing ID
- CNV-PROP-001952
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Year built
- 1998
- Listed
- 12 August 2026
- Last updated
- 4 October 2026
Gallery
7 photographs of this residence.
Explore Titled lot
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Features & Finishes
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $275,000
- Cash to close (est.)
- $82,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $82,500
- Loan amount
- $192,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,185
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
- Compare the parcel's 763.05 m² area and stated 1ZM2 zoning with other development land in Río Abajo.
- The indicated asking price is approximately $360.40 per m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Investment Case
At $275,000 for 763.05 m², the parcel has an indicated price of approximately $360.40 per m². Its stated 1ZM2 zoning supports several potential project types.
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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 stated 1ZM2 zoning offers potential for residential, commercial, office, or light-industrial development.
Price History
- Listed · August 2026$275,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Río Abajo
Río Abajo, Panamá
Río Abajo land for sale with 1ZM2 zoning
Río Abajo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsRío Abajo on Casanova today
- Active sale listings
- 34
- Active rentals
- 0
- Median asking price per m²
- $779
Getting Around
Río Abajo, 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
How large is the Río Abajo parcel?
The parcel measures 763.05 m².
What zoning is stated for the land?
The land is described with 1ZM2 zoning.
What types of development does the stated zoning allow?
The stated zoning allows potential residential, commercial, office, and light-industrial projects.
What is the asking price?
The asking price is $275,000.
What zoning is stated for the parcel?
The parcel is described with 1ZM2 zoning.
Which development uses are described?
Potential residential, commercial, office, and light-industrial projects are described.
Where is the property located?
The parcel is in Río Abajo, Panama City, Panamá province.
Similar Properties
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Interested in Río Abajo land with 1ZM2 zoning?
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