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Property Details

Property Type: Building Lot
Lot Size: 195,000 m²
Last Updated: 01 Dec 2023

Description

Land Sale in La Chorrera, behind Hospital Solano, 19.5 Hectares

This property, spanning 19.5 hectares, is strategically located behind the Nicolás Solano Hospital in La Chorrera. It enjoys a prime location facing a wide asphalt road running along the back of the hospital. The property consists of a 1-hectare commercial lot facing the road and a 18.5-hectare lot designated for residential development. The latter is adjacent to the Costa Oeste residential development and in front of the new Judicial City of La Chorrera. Additionally, it will soon have access to the "Corredor de las Playas" (beach highway) and to Subway Line 3, whose state of construction is highly advanced.

The area already has internal transportation and interurban routes serving completed residential developments. The Chorrera Highway can be reached by car in less than 5 minutes, facilitating travel to the interior of the country or to Panama City.

The property consists of a residential land lot of 18 hectares plus 5,915.80 square meters and a commercial lot of 1 hectare plus 3,775.85m2. The land has variable topography, with the majority being flat terrain with gentle slopes and some undulating areas. It is covered with vegetation and borders a stream on its eastern boundary. There is a land easement providing access to the interior of the lot, running parallel to the Costa Oeste development on its left flank.

A project is planned for the land in six stages, comprising a single-family residential and commercial development. The project will feature approximately 286 land lots for single-family homes, a commercial area of about 1 hectare at the entrance of the development, a reserved area for high-density buildings (RM1), neighborhood parks, and green spaces. The project is divided into six construction stages and includes areas for Residential Medium Density (RE), Residential High Density (RM1), Commercial High Intensity (C2), Basic and Neighborhood Service Equipment (ESV), and Neighborhood Park. The Residential Medium Density area occupies approximately 72% of the project's surface, while the Residential High Density area occupies 22%, and the Commercial High Intensity area occupies approximately 6%.

The land already has a Territorial Planning Plan and all permits approved to start construction.

If purchased separately, the price for the Residential Lot is US$3,900,000.00, and the price for the Commercial Lot is US$2,755,000.00.

View complete description

Contact Info

Name Raquel Benaim
License PN-5118
Last Updated: 01 Dec 2023

Posted By

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Raquel Benaim

License: PN-5118

+507

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