Sale of Land in Obarrio of 2,000m2 and 900m2 of improvements

Description

Location: Obarrio, corner of Samuel Lewis Avenue and 60th Street, in front of a plaza and adjacent to two buildings.
Total footage: 2,000m2
Lot 1: 1,100m2
Lot 2: 900m2

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

Strategic location:
Obarrio is one of the most exclusive and coveted sectors of Panama, recognized for its modern and sophisticated lifestyle. This land offers:
• Unbeatable accessibility: Just a few blocks from Calle 50, Vía Brasil, Vía España and the Panama Metro station.
• Prestigious area: Samuel Lewis Avenue is one of the most exclusive and representative arteries in the country, surrounded by corporate offices, banks and high-level businesses.
• Proximity to points of interest: Luxury stores, renowned hotels, gourmet restaurants and essential services are just a few steps away.

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

Sale price: $5,000,000
Price per m2: $2,500.00