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10 Things You Have To Know Before Buying Real Estate in Panama




Read this before buying property in Panama
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Development Land Panama Waterfront, Avenida Balboa , Panama City

[en español]

starting from $,0
min. size 60278 sq. ft (5600.01 m²)



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Avenue Balboa is one of the most scenic and elegant areas of the Capital City. There are beautiful views of the Bay of Panama, Casco Viejo (historical colonial district of Panama), the skyscrapers of Punta Paitilla, and the skyline of the City of Panama and the entrance to the Canal are matchless.

At this moment Avenue Balboa is where the most luxurious buildings with assured views are being constructed.

It is an area located within the commercial sector, which is serviced with all the required basic infrastructures: street access, transport infrastructure, electricity, telephone, potable water, rainwater and sanitary sewage system.

Land Dimensions:

Approx. 5,600 sqm
60 metres wide x 100 metres deep, with street front on all four sides
Zoning: (Construction regulations)

“RTU”: Commercial Urban High-Density, commercial facilities generally to include hotels, also multi-family residential use independent or combined with commerce according to the density and to the characteristics of the area and its complementary uses that do not constitute danger or harm to the character of the area. Residential high-density multi-family buildings, duplex houses, rows of houses and their complementary uses, educational, religious, institutional, cultural, philanthropic, welfare buildings, local commercial in ground floor.