Business For Sale in Avenida Herrera
Property Details
Property Description
Unique Investment Opportunity! 4.2 Hectares with Mixed Zoning in Downtown Chitré.
Strategically located on Avenida Herrera, this 42,498.11 m2 parcel of land represents one of the last remaining large land reserves within the consolidated urban area of the "Capital of the Central Provinces."
With the recent completion of the new Interchange and the projected economic growth of the Azuero region in 2026, this property is ideal for high-impact projects seeking profitability and a prime location.
Key Features:
Area: 4.2 Hectares (42,498.11 m2)
Versatile Zoning: RM-1 / C2 (High-Density Residential and Commercial)
Topography: Gently sloping, ready for development
Infrastructure: Direct access via paved road, full utilities (water, electricity, telecommunications).
Premium Location: Minutes from the banking district, shopping centers, and the new Convention Center.
Development Potential:
Perfect for a mixed-use development: A commercial plaza in the front and apartment towers under the Preferential Interest Rate Law in the rear.
Contact me to receive the technical report and appraisal details.
Strategically located on Avenida Herrera, this 42,498.11 m2 parcel of land represents one of the last remaining large land reserves within the consolidated urban area of the "Capital of the Central Provinces."
With the recent completion of the new Interchange and the projected economic growth of the Azuero region in 2026, this property is ideal for high-impact projects seeking profitability and a prime location.
Key Features:
Area: 4.2 Hectares (42,498.11 m2)
Versatile Zoning: RM-1 / C2 (High-Density Residential and Commercial)
Topography: Gently sloping, ready for development
Infrastructure: Direct access via paved road, full utilities (water, electricity, telecommunications).
Premium Location: Minutes from the banking district, shopping centers, and the new Convention Center.
Development Potential:
Perfect for a mixed-use development: A commercial plaza in the front and apartment towers under the Preferential Interest Rate Law in the rear.
Contact me to receive the technical report and appraisal details.
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