$ 985,000.00

Address

Avenida Fernández de Córdoba, la Avenida La Pulida y la Avenida 12 de Octubre, y a pocas cuadras de las estaciones del Metro 12 de Octubre y Pueblo Nuevo, Panama - Pueblo Nuevo, Panamá

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Description

INVESTMENT OPPORTUNITY – LAND WITH PROJECT READY TO BUILD IN PUEBLO NUEVO, PANAMA CITY


Sale Price: USD 985,000
Total Area: 15,280 sqft (two titled lots)
Location: Pueblo Nuevo, Panama City
Included Project: CONDOMINIUM – “Your Paradise in the City”


WHY THIS IS A UNIQUE OPPORTUNITY


This property is a development-ready investment in one of the fastest-growing residential and appreciating areas of Panama City. Unlike a vacant lot, it already has a preliminary design and approved studies, allowing construction to begin immediately, reducing risks, costs, and time.


The owner offers direct, interest-free financing, providing flexibility and a competitive advantage to investors and developers interested in capitalizing on this immediate real estate opportunity.



STRATEGIC LOCATION


Located in Pueblo Nuevo, near Fernández de Córdoba Avenue, La Pulida, and 12 de Octubre Avenue, and just a few blocks from the 12 de Octubre and Pueblo Nuevo Metro stations.


This area offers full urban infrastructure, easy access to major routes, and high residential demand — ensuring fast sales absorption and strong appreciation potential.



THE CONDOMINIUM PROJECT


The property includes the CONDOMINIUM project, a fully approved mid-range residential tower designed to qualify under Panama’s Preferential Interest Housing Law.
The concept blends contemporary architecture with cost-efficient layouts for maximum return.


Project highlights:



  • 16-story tower designed as two visually integrated buildings.

  • 115 residential units ranging from 651 sqft to 707 sqft.

  • 14 apartments with balconies and 3 with private terraces.

  • 4 levels of covered parking (115 residential spaces + 32 for sale).

  • 2 ground-floor commercial units.

  • Full amenity level: pool, gym, event room, kids’ playground, and soccer mini-court.

  • Rooftop social area with panoramic views and hotel-style lobby reception



DOCUMENTATION AND APPROVALS


Sale includes:



  • Approved preliminary project.

  • Approved foundation plans.

  • Environmental impact and soil studies.

  • Marketing and audiovisual materials ready for presales.

  • Option to transfer the owning corporation.


Only the final municipal building permit remains to be issued — meaning the project can start within weeks.


PROFITABILITY AND RETURNS


Projected ROI between 25% and 35%, based on phased presales and market demand.
This is a low-risk, ready-to-build investment ideal for developers aiming to:



  • Launch construction immediately.

  • Pre-sell units early in the process.

  • Secure bank or private funding using approved plans.

  • Operate within a government-subsidized housing segment with steady demand.



SALE TERMS



  • Total price: USD 985,000

  • Direct financing: 0% interest

  • Immediate delivery

  • Complete legal and technical documentation


This is not just land — it’s a fully structured real estate investment.
Buying this asset means saving years of preparation and stepping into a project with immediate execution capacity and proven demand.
An investor acquires design, permits, location, and timing — the key elements for profitable development.


Overview
  • ID: 003244131017
  • Property type: Lot/Land
  • Lot size: 1,420.12 Sq. Mt.
LISTING DETAILS
Listing ID:
003244131017
Property type:
Lot/Land
Contract type:
For Sale
Price:
$ 985,000.00
Lot size:
1,420.12 Sq. Mt. - 15,286.03 Sq Ft.
Features
  • Pre-owned
  • View
  • Garage open
Map
  • Address
    Avenida Fernández de Córdoba, la Avenida La Pulida y la Avenida 12 de Octubre, y a pocas cuadras de las estaciones del Metro 12 de Octubre y Pueblo Nuevo, Panama - Pueblo Nuevo, Panamá
Contact information
avatar
Ernestina Suarez
RE/MAX MILLENIUM - Life Real Estate Panama S.A. PJ 1361-2021