Land for Sale on Avenida José Agustín Arango Parque Lefevre
A 1,543 m² commercial land opportunity on Avenida José Agustín Arango
Parque Lefevre, Panamá
Active
$695,000
USD$450 / m²
- 1,543 m²Lot area
Overview
Position a commercial, corporate, or investment project on Avenida José Agustín Arango, one of Panama City’s principal commercial arteries. This 1,543 m² parcel in Parque Lefevre is offered for USD 695,000, approximately USD 450.42 per m². The property is land rather than a described finished building, giving buyers a site to evaluate for a future project. Potable water and electricity are available. The parcel’s dimensions, topography, zoning, permitted density, and connection details are not provided here, so these should be confirmed when assessing a development plan. The avenue’s commercial setting is surrounded by shopping plazas, businesses, companies, and a range of services. Its strategic position is described as offering convenient access and connectivity within the city. Consider this Parque Lefevre land for a project that can make use of a major commercial corridor; contact Casanova Realty to discuss the parcel and arrange a site visit.
In Short
The Parque Lefevre land parcel measures 1,543 m² and is offered for USD 695,000, approximately USD 450.42 per m². It is on Avenida José Agustín Arango, amid commercial plazas, businesses, companies, and services. Potable water and electricity are available.
Before You Decide
- At 1,543 m², the parcel offers substantial land area along a named commercial avenue.
- Potable water and electricity availability are stated; sewer, fiber, and connection specifications are not established.
- Confirm zoning, permitted uses, density, frontage, title status, and survey information before assessing a project.
Highlights
- 1,543 m² land parcel
- On Avenida José Agustín Arango in Parque Lefevre
- Asking price: USD 695,000
- Approximately USD 450.42 per m²
- Potable water and electricity available
- Commercial surroundings with plazas, businesses, companies, and services
- Presented for commercial, corporate, or investment project consideration
At a Glance
- Status
- Available
- Asking price
- USD 695,000
- Price per m²
- USD 450.42/m²
- Land area
- 1,543 m²
- Property type
- Land lot
- Monthly maintenance
- USD 0
- Neighborhood
- Parque Lefevre
- City
- Panama City
- Listing ID
- CNV-PROP-000322
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Year built
- 1988
- Listed
- 24 September 2026
- Last updated
- 4 October 2026
Gallery
9 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
- Total
- 1,543 m² · 16,609 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $695,000
- Price per m²
- $450 / m²
- Cash to close (est.)
- $208,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $208,500
- Loan amount
- $486,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,995
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
- The parcel’s calculated asking price is approximately USD 450.42 per m², using its USD 695,000 asking price and 1,543 m² area.
- The property is positioned on Avenida José Agustín Arango in Parque Lefevre, with commercial plazas, businesses, companies, and services described in the surrounding area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$450 / m²
Parque Lefevre average$1,452 / m²
Panama average$4,306 / m²
Asking 69% below the Parque Lefevre average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 1,543 m² land parcel on Avenida José Agustín Arango is offered for USD 695,000, or approximately USD 450.42 per m². Potable water and electricity are available, and the site is positioned for consideration for commercial, corporate, or investment projects.
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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
Confirm zoning, allowable uses, lot dimensions, title status, and utility connection details to assess development options.
Price History
- Listed · September 2026$695,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Parque Lefevre
Parque Lefevre, Panamá
Commercial land for sale in Parque Lefevre
Parque Lefevre, Panamá
Positions are schematic, spaced by travel distance.
Get directionsParque Lefevre on Casanova today
- Active sale listings
- 55
- Active rentals
- 0
- Median asking price per m²
- $1,000
Getting Around
Parque Lefevre, 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 this land in Parque Lefevre?
The asking price is USD 695,000.
How large is the parcel?
The land parcel measures 1,543 m².
Are water and electricity available?
Potable water and electricity are available at the property.
Similar Properties
Same market, comparable size and price.
Interested in Land for Sale on Avenida José Agustín Arango?
Speak to our team — viewings in person or by video, usually within 48 hours.