Land For Residential Development | Up To 5 Stories

Sale Price: US$773,400
Land: 1,237.42 m²
Zoning: R1B-E
Reported Building Height: Up to 5 stories
Location: La Cresta, Bella Vista – Panama City

An attractive opportunity for developers and investors in La Cresta, one of Panama City’s most established, prestigious, and centrally located residential neighborhoods.
With 1,237.42 m² of land and R1B-E zoning, the property offers potential for a residential development of up to 5 stories, ideal for a low-density boutique concept that complements the private and residential character of the area.

DEVELOPMENT POTENTIAL
• 1,237.42 m² of land
• R1B-E zoning
• Development of up to 5 stories, according to information provided by the property owner
• Ideal for a boutique residential building
• Located within a well-established and traditional residential neighborhood
• Low-density setting, ideal for a concept focused on privacy and exclusivity
• Strategic central location with convenient access to key commercial, financial, and service areas throughout Panama City

A PRIME LOCATION FOR A BOUTIQUE RESIDENTIAL PROJECT

La Cresta maintains a distinctive residential character despite its central location in Panama City. It offers the opportunity to be close to everything while enjoying a more private residential environment—an especially attractive combination for a low-density apartment development.

An excellent opportunity to create a residential concept for buyers who value location, privacy, exclusivity, and the convenience of living in the heart of the city.
A strategic location for a boutique residential development in La Cresta.
Final construction and development parameters should be verified by the buyer with the corresponding authorities.