ID: LPANZ12.6.26.2
Location: Los Lagos Street, Las Cumbres
Size: 1,014.22 m²
Description:
• Square-shaped lot with a flat topography (85%) at the front and a gently sloping, undulating topography (15%) at the rear.

• Zoned RE (Special Residential) for single-family homes, two-family homes, row houses, and apartments.

• The lot has natural drainage for rainwater and is covered by a canopy of coconut palms and banana trees at the rear. The front is enclosed by barbed wire and wooden posts.

• Accessible via paved road. The lot has a frontage of over 28.067 linear meters on Los Lagos Street and an average depth of over 36.136 linear meters. • Easy access to basic services (electricity, water, telephone, and internet).

• The location of this property in the Las Cumbres Urbanization can be considered good, as it is located within the suburban area of Panama City.

• However, in terms of population and level of urban development, it is important to highlight that this urbanization borders the District of San Miguelito, which is mostly comprised of housing developments for middle-income families.

• Transportation to this area has improved thanks to the Northern Corridor, which connects to the city center through the various entry and exit points along this expressway, the widening of the Trans-Isthmian Highway to four lanes, the construction of Line 1 of the Panama Metro, and the San Isidro Station.

• Nearby amenities include supermarkets, restaurants, hardware stores, and shopping centers such as Villa Zaita and Princesa de Cales. Various residential areas such as San Andrés, Las Cumbrecitas, Las Clorietas, Portofino, Villas Campestres, Palmas Bellas, and Mirador del Lago, among others.

• Regarding public utilities, this area has paved streets with open gutters, potable water, electricity, street lighting, internet, telephone service, and a septic tank.

Sale Price: $100,000.00
Price per m²: $98.59