Vía Israel Lote En Venta, San Francisco, Panama | P/Desarroll, Panama, ­ 0000

$1,980,000

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List Price
$1,980,000
Status
ACTIVE
Days on Market
774
MLS#
PA25675415
Subtype
Land
Acres
0.31
Subdivision
Ciudad de Panamá

Property Description

A legendary investment opportunity is offered with the sale of this strategic plot of land, ideal for investors and developers seeking real estate with a guaranteed return in Panama City. Located on the central Via Israel, this commercial property is distinguished by its ZM6 (Mixed Use) zoning. With a total area of 1,257.16 m², this development land is the foundation for a large-scale real estate project, ensuring a secure investment and high capital gains in the real estate market. The prime location of this lot for sale in the heart of San Francisco places it in a strategic spot in Panama's commercial and financial district. Via Israel is a main artery that guarantees maximum visibility and high vehicular traffic, crucial factors for the success of any business. The urban land has full public services: water, electricity, sanitary and storm sewers, ensuring the immediate feasibility of your construction project. The ZM6 zoning allows for unprecedented flexibility of use. The land is suitable for residential (multifamily), commercial, tertiary (services), logistics, and institutional (educational/healthcare) development, maximizing its potential. Regulations authorize a maximum height of 15 stories and a high density (2,000 people/hectare), ideal for vertical development and the construction of apartments and offices. The semi-flat topography of the lot facilitates and reduces initial construction costs. Don't miss this business opportunity to acquire an exclusive lot in the best location in Panama City. This development property is the perfect strategic investment to secure your assets and achieve high future returns. The lot is ideal for creating a mixed-use complex that meets the demand of the urban area. Contact us today to schedule a visit and finalize the purchase of this ZM6 lot!

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Listing courtesy of CENTURY 21 Integral.