Land sale in Obarrio, 2,000m2

Price
$5,000,000 Reduced 4%
Price/M²
$5,555
Price/M² land
$2,500
Parking
More
Lot Size in m²
2000

Land sale in Obarrio, 2,000m2

Category

Land and farms

Published

06/01/2025

Location

Obarrio

Price

$5,000,000 Reduced 4%

Price/M²

$5,555

Price/M² of land

$2,500

Maintenance Costs

1

Construction M²

900

Title

Titled Property

Benefits

Near School
Near Transit
Plane
Water system
Electrïcity
Easy Acces

Property

Location: Obarrio, corner of Samuel Lewis Avenue and 60th Street, in front of a plaza and adjacent to two buildings.
Total footage: 2,000m2
Lot 1: 1,100m2
Lot 2: 900m2

Existing improvements:
• 450m² house on each plot.
•Land use: RM2MCU3, ideal for mixed, commercial and residential developments.

Strategic location:
Obarrio is one of the most exclusive and coveted sectors of Panama, recognized for its modern and sophisticated lifestyle. This land offers:
• Unbeatable accessibility: Just a few blocks from Calle 50, Vía Brasil, Vía España and the Panama Metro station.
• Prestigious area: Samuel Lewis Avenue is one of the most exclusive and representative arteries in the country, surrounded by corporate offices, banks and high-level businesses.
• Proximity to points of interest: Luxury stores, renowned hotels, gourmet restaurants and essential services are just a few steps away.

Development potential:
This land is a strategic gem for mixed development projects:
• Commercial area: Perfect for stores, offices and restaurants.
• Residential area: Ideal for luxury apartments or condominiums.
• Guaranteed investment: The location, together with the constant flow of high-profile clients and residents, ensures a solid and attractive return.

Sale price: $5,000,000
Price per m2: $2,500.00

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