
2,058 m² Development Land in Panama City Calidonia
A substantial ZM3 development parcel in Panama City
Calidonia, Panamá
$4,527,000
USD$2,200 / m²
- 2,058 m²Lot area
Overview
At 2,058 m², this Panama City development parcel offers substantial scale for an urban project. The land carries ZM3 zoning and is described as “de esquina a esquina,” a distinctive parcel characteristic for buyers evaluating development opportunities in the capital. The asking price is $4,527,000, equivalent to approximately $2,199.71 per m² based on the stated land area. Presented as land for development, the property is identified as suitable for construction. Its defining details are the 2,058 m² land area and ZM3 zoning, giving buyers concrete starting points for an initial project review. The parcel is offered as a development opportunity in Panama City. The property is in Panama City, a citywide setting for buyers assessing urban land opportunities. Review the proposed use against applicable planning requirements and evaluate the site for your project. Contact Casanova Realty to discuss the parcel and arrange a closer evaluation.
In Short
The Panama City land parcel has a stated area of 2,058 m² and ZM3 zoning. The asking price is $4,527,000, or approximately $2,199.71 per m² based on the stated area.
Before You Decide
- The stated 2,058 m² area provides the parcel's reported land scale.
- ZM3 is the stated zoning; confirm the proposed use and detailed development parameters with the relevant authorities.
- The calculated price is approximately $2,199.71 per m², based on the stated asking price and land area.
Highlights
- 2,058 m² land area
- ZM3 zoning
- Offered as land for development
- Described as “de esquina a esquina”
- Panama City location
- Asking price: $4,527,000
- Approximately $2,199.71 per m²
At a Glance
- Status
- Available
- Asking price
- $4,527,000
- Price per m²
- $2,199.71/m²
- Land area
- 2,058 m²
- Zoning
- ZM3
- Property type
- Development land
- City
- Panama City
- Listing ID
- CNV-PROP-045608
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 4 July 2023
- Last updated
- 4 October 2026
Gallery
8 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
- 2,058 m² · 22,152 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,527,000
- Price per m²
- $2,200 / m²
- Cash to close (est.)
- $1,358,100at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,358,100
- Loan amount
- $3,168,900
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$19,511
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
- This parcel is offered at approximately $2,199.71 per m², calculated from its $4,527,000 asking price and 2,058 m² land area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 20% above the Calidonia average — worth understanding what justifies it before you offer.
Investment Case
The $4,527,000 asking price equates to approximately $2,199.71 per m², calculated from the 2,058 m² land area.
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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
Price History
- Listed · July 2023$4,527,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Calidonia
Calidonia, Panamá
Development land for sale in Panama City
Calidonia, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCalidonia on Casanova today
- Active sale listings
- 50
- Active rentals
- 0
- Median asking price per m²
- $1,316
Getting Around
Calidonia, 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 land area?
What is the asking price?
What zoning is stated for the parcel?
Where is the property?
What zoning is stated?
Similar Properties
Same market, comparable size and price.
Interested in 2,058 m² Development Land in Panama City?
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