Land for sale in El Cangrejo, Panama City

Bring a development concept to one of Panama City’s established urban sectors. This 1,374.86 m² parcel in El Cangrejo combines flat topography, RM1 zoning and frontage on a main road. The asking price is $1,600,000 and is negotiable, making this a substantial land opportunity for investors and developers considering a project in the capital. The property is offered as land, with no building area or existing structures specified. Its flat surface and main-road frontage are defining site characteristics. The parcel is identified as RM1, and its development potential is described for residential or mixed-use projects. Buyers can assess the intended project against the applicable planning and permitting requirements. El Cangrejo sits within Bella Vista, a consolidated and strategically positioned part of Panama City. The surrounding area offers restaurants, educational centers, parks, shops and other everyday services, while the location provides access to important city roads. For a buyer seeking an urban development site, this parcel brings together a sizeable footprint and a well-established city setting. Contact Casanova Realty to discuss the opportunity and arrange further property information.