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$ 773,400
Est. payment /mo
New
La Cresta
30.58 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 30.577 Acres
Property Description
LAND FOR RESIDENTIAL DEVELOPMENT| UP TO 5 STORIES
Sale Price: US$773,400
Land: 1,237.42 m²
Zoning: R1B-E
Reported Building Height: Up to 5 stories
Location: La Cresta, Bella Vista – Panama City
An attractive opportunity for developers and investors in La Cresta, one of Panama City's most established, prestigious, and centrally located residential neighborhoods.
With 1,237.42 m² of land and R1B-E zoning, the property offers potential for a residential development of up to 5 stories, ideal for a low-density boutique concept that complements the private and residential character of the area.
DEVELOPMENT POTENTIAL
• 1,237.42 m² of land
• R1B-E zoning
• Development of up to 5 stories, according to information provided by the property owner
• Ideal for a boutique residential building
• Located within a well-established and traditional residential neighborhood
• Low-density setting, ideal for a concept focused on privacy and exclusivity
• Strategic central location with convenient access to key commercial, financial, and service areas throughout Panama City
A PRIME LOCATION FOR A BOUTIQUE RESIDENTIAL PROJECT
La Cresta maintains a distinctive residential character despite its central location in Panama City. It offers the opportunity to be close to everything while enjoying a more private residential environment—an especially attractive combination for a low-density apartment development.
An excellent opportunity to create a residential concept for buyers who value location, privacy, exclusivity, and the convenience of living in the heart of the city.
A strategic location for a boutique residential development in La Cresta.
Final construction and development parameters should be verified by the buyer with the corresponding authorities.
Sale Price: US$773,400
Land: 1,237.42 m²
Zoning: R1B-E
Reported Building Height: Up to 5 stories
Location: La Cresta, Bella Vista – Panama City
An attractive opportunity for developers and investors in La Cresta, one of Panama City's most established, prestigious, and centrally located residential neighborhoods.
With 1,237.42 m² of land and R1B-E zoning, the property offers potential for a residential development of up to 5 stories, ideal for a low-density boutique concept that complements the private and residential character of the area.
DEVELOPMENT POTENTIAL
• 1,237.42 m² of land
• R1B-E zoning
• Development of up to 5 stories, according to information provided by the property owner
• Ideal for a boutique residential building
• Located within a well-established and traditional residential neighborhood
• Low-density setting, ideal for a concept focused on privacy and exclusivity
• Strategic central location with convenient access to key commercial, financial, and service areas throughout Panama City
A PRIME LOCATION FOR A BOUTIQUE RESIDENTIAL PROJECT
La Cresta maintains a distinctive residential character despite its central location in Panama City. It offers the opportunity to be close to everything while enjoying a more private residential environment—an especially attractive combination for a low-density apartment development.
An excellent opportunity to create a residential concept for buyers who value location, privacy, exclusivity, and the convenience of living in the heart of the city.
A strategic location for a boutique residential development in La Cresta.
Final construction and development parameters should be verified by the buyer with the corresponding authorities.
Listed by Yemile Suárez • Engel & Völkers Panama City
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