Prime Development Opportunity on 1603m² Land in Rio Abajo - PLS-19946

Captivating developers and investors, this expansive 1603m² plot in the vibrant Rio Abajo district of Panama City beckons with untapped potential. Offered below appraisal value, the completely flat terrain presents a rare chance to envision and create a standout residential complex or industrial warehouse.

Features:

• Dimensions: Impressive 25m frontage by 64m depth.
• Zoning: ZM2 - medium-density, catering to a variety of construction projects.
• Location: Positioned in a strategic locale amidst a bustling neighborhood.

Visual Descriptions:

The site offers a green canvas for developers, with its overgrown foliage hinting at the fertility of the land and the promise of growth. Surrounded by local businesses and amenities, it presents a clear vision of community-centric development.

Advantages:

Beyond its sizeable footprint, the land is a flat plateau, eliminating the need for extensive groundwork and ensuring ease of construction. Its location within the city grants convenient access to main thoroughfares, essential for commercial viability and residential appeal.

Address:

Rio Abajo, Panama City, Panama

Panama Listing Service ID:

PLS-19946 - Your blueprint for success starts here.

Price:

$240,000 - Negotiable and poised for investment.

Tags/Keywords:

Rio Abajo Land, Development Opportunity, Panama City, Flat Terrain, PLS-19946, Below Appraisal Value, ZM2 Zoning, Investment Potential, Strategic Location, Commercial Development, Residential Project