
Two Buildings for Sale on Vía Argentina, El Cangrejo
Two Vía Argentina buildings, one substantial mixed-use opportunity
El Cangrejo, Panamá
$3,600,000
USD$1,054 / m²
- 34Bed
- 22Bath
- 3,414.31 m²36,751 ft²
- 1,773.3 m²Lot
- 20Parking
Overview
Set on El Cangrejo’s main Vía Argentina corridor, this offering brings together two existing buildings, 12 apartments and a total of 1,773.3 m² of land. The combined construction area is 3,414.31 m², with 20 parking spaces. Its 1ZM7 zoning is described for commercial and residential use, giving the property a distinctly mixed-use profile in an established Panama City neighborhood. The first building dates to 1967 and has three levels, a concrete-slab rooftop suited to terraces or other uses, and four apartments of approximately 170 m² each. Its ground-floor apartments are used as commercial premises, and each apartment is described with two parking spaces. The second building dates to 1960 and has four levels plus a ground floor: six apartments of 190 m², along with two rooftop apartment units that require repairs. Apartment layouts are described with three bedrooms, two bathrooms, and a service room and bathroom. The ground floor may also be used for offices or commercial premises. Both buildings sit back from the main road, creating additional room for parking. The property is near a metro station and a park, while its Vía Argentina frontage places it along a well-known urban corridor. Explore the potential of this two-building, 12-apartment property in El Cangrejo and arrange a closer review of its layout, zoning and condition.
Highlights
- 20 parking spaces
- Finished interiors (feature is stated without further detail)
Key Facts
- Category
- Land
- Property type
- House
- Unit type
- House Villa
- New or resale
- Resale
- Listed
- 18 June 2024
- Last updated
- 8 October 2026
Gallery
11 photographs of this residence.
What's Included
Everything that stays with the residence.
- Finished interiors (feature is stated without further detail)
- 20 parking spaces
Explore House
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
- Bedrooms
- 34
- Full baths
- 22
- Total
- 3,414 m² · 36,751 ft²
Parking & Storage
- Spaces
- 20
- Covered
- No
Interior
- Finished interiors (feature is stated without further detail)
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $3,600,000
- Price per m²
- $1,054 / m²
- Cash to close (est.)
- $1,080,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,080,000
- Loan amount
- $2,520,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$15,516
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
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 53% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A $3,600,000 mixed-use property on Vía Argentina comprising two buildings, 12 apartments, and 1,773.3 m² of land. The property has 3,414.31 m² of construction and 20 parking spaces.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The two rooftop apartment units in the second building require repairs. The concrete-slab rooftop on the first building is described as suitable for terraces or other uses.
Price History
- Listed · June 2024$3,600,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
Edificios sobre Vía Argentina, El Cangrejo
El Cangrejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Cangrejo on Casanova today
- Active sale listings
- 249
- Active rentals
- 0
- Median asking price per m²
- $2,071
Getting Around
Bella Vista, 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 many buildings and apartments are included?
What are the land and construction areas?
How many parking spaces are included?
What zoning is stated for the property?
Is public transportation nearby?
Similar Properties
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