Aerial shot of large modern retreat buildings surrounded by lush Panamanian forest in Cerro Azul

Aerial exterior: Expansive complex with gardens nestled in mountain landscape.

Panoramic tennis court with mountain forest backdrop in Panama

Exterior sports: Outdoor recreation with natural surroundings.

Bright living space overlooking landscaped gardens Cerro Azul

Living room: Comfortable social area for groups and events.

Institutional / Multi-Unit Complex With Land for Sale

Mountain Complex on 81,213m2 Lot Cerro Azul for Sale

Cerro Azul, Pedregal, Panama City

USD5,000,000

64 Bedrooms 50 Bathrooms 4515.0 m² Area 30 Parkings

About this Institutional / Multi-Unit Complex With Land

Unique mountain complex spanning 81,213m2 land (20+ acres) in Cerro Azul, Panama, featuring over 4,515m2 built area with multiple interconnected structures. Includes total of 34 en-suite dormitories and 30 guest rooms with shared baths, hosting capacity for large groups. Originally designed for hospitality/training center with 10 classrooms, 6 office spaces, large industrial kitchen, cafeteria, chapels, nursing station, and multi-purpose halls. Beautiful panoramic mirador, tennis court, walking trails, lush gardens ideal for events/youth camps/retreat resort. Outfitted with backup generator, water reserve tanks, asphalt roads, extensive parking, perimeter fencing, and tropical landscaping in nature-rich cool climate. Great conversion potential for eco-resort, private estate, education or wellness center. Price: $5,000,000. Contact Casa Nova Realty Panama for viewing.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 8YDtUYH.

Key Features

Over 8 hectares titled land (81,213 m²)
Main closed areas: 4,515 m² with industrial finishes
Additional semi-open areas: 863 m²
Tennis court and walking trails
Chapel and multiple classrooms
Many bedrooms with private baths
Huge landscaped gardens & lookouts
Backup generator and water reserve tanks
Ideal for institution, retreat or large estate
Paved roads & multiple parking zones
Architectural design by Ignacio Mallol

Property Details

TypeInstitutional / Multi-unit complex with land

CategoryCommercial / Residential Mixed-use

Size4515 m²

Lot Size81213 m²

Bedrooms64

Bathrooms50

Parking30

FurnishedNo

Pets AllowedNo

Price/m²USD1,107.42 / m²

Listing ID8YDtUYH

Centro Residencial Cerro Azul Amenities

Multi-purpose meeting halls

Spacious halls for events, classes or worship activities.

Private Chapel spaces

Dedicated chapels available onsite.

Tennis Court

Full-sized outdoor tennis court with fencing.

Picnic & Gardens

Large landscaped gardens for outdoor recreation.

Mirador Viewpoint

Panoramic viewpoint overlooking the Panama Bay skyline.

Indoor courtyards & lobbies

Open social areas with natural light.

Cafeteria and Large Dining Room

Industrial kitchen and dining for 30+ people.

Nursing stations

On-site basic medical/nursing area.

Separate office spaces

Multiple office and administration areas.

Independent entrances

Allows multi-use access control.

Playground and walkways

Trails and children-friendly outdoor space.

Backup generator

Electric generator for continuous power supply.

Water storage tanks

Large capacity water reserve system.

Asphalted internal roads

Easy vehicle access throughout premises.

Location & Nearby

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Neighborhood Highlights

Cool mountain climate
Green natural surroundings ideal for retreats
Close to Cerro Azul Mountain Reserve
Countryside environment with holiday villas and farms
Fresh air, panoramic views towards Panama Bay

Nearby Landmarks

Cerro Jefe Nature Reserve (2 km)
Tocumen International Airport (25 minutes)
La Mesa community (5 km)
Lago Cerro Azul (3 km)
Quintas de Cerro Azul gated community (adjacent)
Downtown Panama City (45 minutes)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 8YDtUYH. Last updated: 2025-11-07T23:59:00Z*