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$ 700,000
Est. payment /mo
New
Penonome
6.01 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 6.006 Acres
Property Description
Development-Ready Land for Sale in Panama
Infrastructure in Place • Scalable Project • Reduced Risk Investment
This development-ready land parcel offers a rare opportunity to acquire a property with real scale, verified technical conditions, and existing infrastructure, significantly reducing initial costs, development timelines, and operational risk.
This is not speculative land. It is a functional, enabled property with clear development vocation, ideal for investors and developers seeking certainty, connectivity, and multiple viable exit strategies.
Property Overview
Land size: 24,303.78 m² (261,620 sq ft)
Asking price: USD 700,000
Topography: Undulating to sloped
Shape: Irregular
Drainage: Good
Accessibility: Gravel road
Existing Infrastructure
Electrical power available
Rural aqueduct water supply
Cellular phone coverage
Selective and public transportation access
These conditions materially reduce upfront investment, shorten execution timelines, and lower overall project risk.
Development Potential
Due to its size, connectivity, and surroundings, the property supports multiple development paths:
Low- to medium-density residential development
Mixed-use project with supporting commercial components
Light logistics or institutional use
Agro-industrial or eco-tourism projects (subject to zoning and regulations)
Investment Rationale
Infrastructure already in place
Flexible development scenarios
Lower execution and holding risk
Clear technical feasibility
Strong fundamentals for profitable project conversion
This land represents a strategic acquisition for developers and investors looking for real, executable opportunities—not land banking speculation.
Infrastructure in Place • Scalable Project • Reduced Risk Investment
This development-ready land parcel offers a rare opportunity to acquire a property with real scale, verified technical conditions, and existing infrastructure, significantly reducing initial costs, development timelines, and operational risk.
This is not speculative land. It is a functional, enabled property with clear development vocation, ideal for investors and developers seeking certainty, connectivity, and multiple viable exit strategies.
Property Overview
Land size: 24,303.78 m² (261,620 sq ft)
Asking price: USD 700,000
Topography: Undulating to sloped
Shape: Irregular
Drainage: Good
Accessibility: Gravel road
Existing Infrastructure
Electrical power available
Rural aqueduct water supply
Cellular phone coverage
Selective and public transportation access
These conditions materially reduce upfront investment, shorten execution timelines, and lower overall project risk.
Development Potential
Due to its size, connectivity, and surroundings, the property supports multiple development paths:
Low- to medium-density residential development
Mixed-use project with supporting commercial components
Light logistics or institutional use
Agro-industrial or eco-tourism projects (subject to zoning and regulations)
Investment Rationale
Infrastructure already in place
Flexible development scenarios
Lower execution and holding risk
Clear technical feasibility
Strong fundamentals for profitable project conversion
This land represents a strategic acquisition for developers and investors looking for real, executable opportunities—not land banking speculation.
Listed by Robert Lau • Engel & Völkers Panama City