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$ 12,400,000
Est. payment /mo
Active
Casco Viejo
0.69 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 0.688 Acres
Property Description
Exceptional development opportunity in the heart of Casco Viejo, Panama City's most iconic and culturally rich neighborhood. This offering consists of five adjacent lots with a total area of 2,784.78 m², strategically located along Avenida Central, just steps from Plaza Herrera, Iglesia La Merced, and the renowned American Trade Hotel.
This rare urban footprint is ideal for developers seeking to create a high-impact residential, commercial, or mixed-use project within the UNESCO World Heritage district. With zoning designations Orden 3 and 4, the site allows for diverse architectural possibilities while preserving the historical essence of the area.
Each parcel may be acquired individually or as a combined investment, offering flexibility to suit different development visions. Its central location guarantees strong visibility, walkability, and access to the area's finest restaurants, boutique hotels, museums, and nightlife.
Few properties of this scale remain available in Casco Viejo. This is a rare chance to become part of Panama's most exclusive historic quarter and contribute to the next chapter of its evolution.
This rare urban footprint is ideal for developers seeking to create a high-impact residential, commercial, or mixed-use project within the UNESCO World Heritage district. With zoning designations Orden 3 and 4, the site allows for diverse architectural possibilities while preserving the historical essence of the area.
Each parcel may be acquired individually or as a combined investment, offering flexibility to suit different development visions. Its central location guarantees strong visibility, walkability, and access to the area's finest restaurants, boutique hotels, museums, and nightlife.
Few properties of this scale remain available in Casco Viejo. This is a rare chance to become part of Panama's most exclusive historic quarter and contribute to the next chapter of its evolution.
Listed by Maria Arosemena • Engel & Völkers Panama City