Purchase Land – Invest and Build in Panama City – in San Francisco – Buy Property

$1,250,000 USD

Description

PANAMA TOP REAL ESTATE OFFERS GREAT OPPORTUNITY TO INVEST AND BUILD IN PANAMA CITY

 

Location

San Francisco is one of the most important areas of Panama City for its location and economic activity. San Francisco adjoins the Bay of Panama and this is why many of its residential buildings offer spectacular ocean views, san Francisco also represents a commercial, financial and tourist hub of Panama City and is mainly inhabited by families of middle upper class and upper class.

It is one of the areas where the housing boom has been concentrated in recent years in the city. Some of their sectors, such as Punta Paitilla and Punta Pacifica, are part of the most exclusive residential areas of the country and exhibit a high density of skyscrapers. With an economy based mostly in services, in this district you can find numerous banks, hotels, restaurants and some of the most comprehensive and modern malls in the country, as Multicentro and Multiplaza Pacific.

You can also find in here, renamed schools and modern hospitals, such as the Medical Center Paitilla and Punta Pacifica Hospital, the last one associated with Johns Hopkins Hospital in Baltimore.

 

The Land

This land has 1250 ms 2, with Zonifications RM-3.

This land has 1250 ms 2, at $ 1000 per meter.

Uses allowed RM-3 (RESIDENTIAL OF HIGH DENSITY – 1500 PEOPLE PER H.H.):

Construction, reconstruction or modification of multifamily buildings, two-family houses and row houses. It will also allow the construction of educational, religious, institutional, cultural, philanthropic, welfare and office buildings.
Commercial premises are allowed on the ground floor of buildings.

For more detail and land plans, please contact us.

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