Land for sale in Obarrio, 1,968m2, on Samuel Lewis Avenue, with 900m2 of improvements

Description

Location: Obarrio, corner of Samuel Lewis Avenue and 60th Street, across from a plaza and two buildings.

Total square: 1,968m²
Lot 1: 1,071 m² (Corner)
Lot 2: 897 m²

Existing improvements:
• 450 m² house on each lot.
• Land use: RM2MCU3, ideal for mixed-use, commercial, and residential developments.

Strategic location:
Obarrio is one of the most exclusive and coveted neighborhoods in Panama, recognized for its modern and sophisticated lifestyle. This lot offers:
• Accessibility: Just a few blocks from 50th Street, Via Brasil, Via España, and the Panama Metro station.
• Premium area: Obarrio, and specifically Samuel Lewis Avenue, is listed as one of the city's most classic and exclusive neighborhoods, surrounded by corporate offices, banks, and high-end retail.
• Proximity to points of interest: Luxury shops, renowned hotels, gourmet restaurants, and essential services are just steps away. It borders the city's main thoroughfares, such as Via España, Calle 50, and Via Brasil.

Development potential:
This land is a strategic gem for mixed-use development projects:
• Commercial area: Perfect for retail stores, offices, and restaurants.
• Residential area: Ideal for luxury apartments or condominiums.
• Guaranteed investment: The location, coupled with the steady flow of high-profile clients and residents, ensures a solid and attractive return.

Selling price: $4,700,000
Price per square meter: $2,350