Unimproved Land For Sale in Las Cumbres

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Property Details

Property ID
47396
Status
For Sale
Location
Las Cumbres
Property Type
Lot
Sale Price
$ 17,000,000
Total Area
170000 m2
Date Published
Mar 2, 2025
Updated
Mar 6, 2025
Times Viewed
1045

Property Description

Unique Investment Opportunity in Las Cumbres, Panama!
A vast 17-hectare (170,000 m²) land with existing buildings is available for sale, strategically located between Vía Boyd Roosevelt (Transístmica Highway) and Vía Las Lajas, in the Las Cumbres sector, Corregimiento de Las Cumbres, Panama City.
General Property Features:
• Extensive land with various potential use areas.
• Varied topography with flat and sloped areas.
• Main access roads from Transístmica Highway and Calle Las Lajas.
• Strategic location in a growing sector.
Main Buildings:
• Existing structures with potential for renovation or new developments.
• Main building with direct access to the main road.
• Hotel facilities capable of accommodating a high volume of visitors.
• Additional spaces with basic infrastructure for various uses.
Surroundings and Accessibility: Las Cumbres is a stable mixed-use area that combines shopping plazas and low-density and/or countryside residential areas. The property is approximately 20 minutes from the capital city, in an environment characterized by its extensive flora and fauna, offering a natural and peaceful atmosphere.
The area has access to public transportation, including bus lines and the San Isidro metro station, facilitating mobility to and from the property.
Zoning: The property is classified under C2 Commercial Urban High-Intensity zoning, allowing for large-scale commercial developments, including shopping centers, hotels, offices, and other high-impact commercial establishments.
Sale Price: $17,000,000
This property represents an exceptional opportunity for investors interested in developing commercial or tourism projects in a strategic area of Panama.
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