DEVELOPMENT OPPORTUNITY | RM1-C2 – EL CARMEN

Prime investment opportunity in one of Panama City's most strategic and well-connected locations.

Located in Herbruger Urbanization, between Transístmica Avenue and Benito Juárez Park, this property is surrounded by established residential and commercial developments, offering exceptional redevelopment potential.

With a 1,010 m² (10,871 sq. ft.) flat lot and 772 m² (8,310 sq. ft.) of existing construction, the property is zoned RM1-C2, allowing for residential, commercial, or mixed-use development.

Ideal for:

Residential development
Apartment building
Office or medical center
Mixed-use project
Educational institution
Corporate headquarters

Property Features
Lot Size: 1,010 m² (10,871 sq. ft.)
Construction: 772 m² (8,310 sq. ft.)
RM1-C2 Zoning
Sale through a corporation, providing a simplified ownership transfer.
Main Residence

Ground Floor

Spacious primary suite
Two full bathrooms
Two large walk-in closets
Private office
Private sitting room
Private dining area
Formal living room
Formal dining room
Kitchen
Terrace
Gazebo
Swimming pool
Laundry area
Maid's quarters with full bathroom
Two storage rooms

Upper Floor

Five bedrooms
Four bathrooms
Family room
Large open terrace
Additional Income

The property includes a commercial retail space at the front, currently leased for US$600 per month. The tenant has been notified that they must vacate the premises or negotiate a new lease agreement with the future owner.

Asking Price

US$950,000

Whether you're looking to develop, expand your business, or invest in a high-potential asset, this property offers outstanding value in one of Panama City's most desirable urban locations.

Amada Sánchez-Galán
Licensed Real Estate Broker – PN-5265
CIPS | RENE | C2EX