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2808 square meter residential development land for sale in La Cresta Panama City suitable for apartment buildings
Exterior Land View: Vacant urban residential lot in La Cresta ideal for new multifamily development.
Vacant land for sale in Panama City La Cresta perfect for apartments or residential condos
Land: Urban lot featuring partial cement foundation and development-ready terrain.
Residential plot with R2-B-E zoning for sale La Cresta near Obarrio Panama
Exterior View: 2808 m² titled land ideal for residential apartments or housing project.
Land for Sale

Residential Land 2808 m² La Cresta Panama City Investment

La Cresta, El Cangrejo, Panama City

USD1,999,000
2808.0 m²

About this Land

Prime opportunity to acquire a titled residential development lot of 2,808 m² ideally situated in the upscale La Cresta district within Panama City. Offering medium density R2-B-E zoning, suitable for up to 6-story multifamily apartment buildings or single-family residential community. Existing partial foundation from a previous concrete house may reduce initial investment in construction. Strategically located walking distance to amenities, banking district, universities, and medical centers. Perfect for developers seeking a high-demand area to maximize profitable residential projects in the city center. Price: $1,999,000 equating to approximately $712/m², highly competitive for this premium location. Connect now with Casa Nova Realty Panama for site visits and investment details.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 58Mcfjs.

Key Features

  • Medium density residential zoning R2-B-E
  • Permits multi-apartment or townhouse development up to 6 floors
  • Existing concrete house structure for cost savings
  • Flat, regular-shaped parcel over half an acre
  • Ideal central address in Panama's city core residential zone
  • Develop high-rise condos, boutique residences, or luxury townhomes

Detailed Features

Outdoor

Property Details

TypeLand
CategoryResidential
Size2808 m²
Lot Size2808 m²
FurnishedNo
Pets AllowedNo
Price/m²USD711.89 / m²
Listing ID58Mcfjs

Residential Zone La Cresta - El Cangrejo Amenities

Zoning R2-B-E

Allows medium density multifamily buildings up to approx. 6 floors

Existing concrete foundation

Partial existing house structure may reduce development costs

Paved road access

Easy ingress/egress on main avenue

All basic services available

Water, electricity, sewage ready for hook-up

Tree-lined streets

Green surroundings enhancing residential appeal

Location & Nearby

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Neighborhood Highlights

  • Located in the exclusive La Cresta residential sector
  • Centrally located near universities, hospitals, and banks
  • Walking distance to Obarrio, Calle 50 and Via España
  • Quiet and secure upscale neighborhood
  • Mixed midrise residential with some commercial activity
  • Urbanized with all utility connections

Nearby Landmarks

  • Universidad de Panama (300m)
  • Hospital Santo Tomas (1 km)
  • Hotel El Panama (800m)
  • Via España commercial corridor (400m)
  • Cinta Costera waterfront park (2 km)
*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: 58Mcfjs. Last updated: 2025-11-07T23:59:00Z*
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