Pueblo Nuevo, Ciudad de Panamá
| 800 mt2 | 0 Front | 0 Depth |
Location: Cativo Street, Pueblo Nuevo
Size: 800 m²
Zoning: MP-REC1
Property Features:
• Rectangular lot
• 20 meters of frontage and 40 meters deep
• Topography with an upward slope towards the rear
• Concrete street frontage
• Density of 500 people per hectare
• Potential for multi-family residential development with the possibility of incorporating a commercial component, subject to applicable zoning regulations
• Due to its size, frontage, and location, it presents potential for apartment projects, offices, retail spaces, medical offices, professional services, or mixed-use developments
• The residential component includes single-family homes, duplexes, and apartment buildings
• For residential apartment projects, the reference regulations establish a minimum lot area of 600 m²
• Minimum frontage of 20 meters for new projects under the indicated residential regulations
• For residential use, the reference regulations stipulate a height of ground floor + 4 stories
• The low-intensity commercial regulations include activities Commercial spaces, offices, and general services, in accordance with applicable regulations
• Strategic location for investors, promoters, and developers seeking land within the city
Commercial Potential:
According to the reference regulations included in the appraisal, the low-intensity commercial component encompasses various activities, including:
• Offices and professional services
• Medical offices and care centers
• Pharmacies
• Restaurants and cafes
• Supermarkets and convenience stores
• Gyms
• Beauty salons and barbershops
• Bookstores and retail stores
• Corporate and administrative services
• Other low-intensity establishments permitted by current regulations
Area Amenities and Connectivity:
• Approximately 5 minutes by car from the Pueblo Nuevo Metro Station and the San Miguelito Metro Station
• Easy access to Vía España
• Quick access to Avenida Transístmica
• Connectivity to Vía Ricardo J. Alfaro (Tumba Muerto)
• Close to supermarkets, banks, pharmacies, and schools and various businesses
• Access to public transportation
• Area with residential and commercial activity
• High vehicular and pedestrian traffic in the surrounding area
• Central location with connections to different parts of the city
Appraisal Price: $340,000
Forced Sale Price: $300,000
Auction Sale Price: $170,000
Price per m²: $212.50
PRICE NEGOTIABLE.
IN-HOUSE FINANCING AVAILABLE
