The Land for Sale is in Altos de Pedregal, one of Panama Norte’s most promising development areas. It offers an excellent opportunity for investment in residential and commercial projects.
Size: 5 hectares (50,000 m²).
Land Use: Ideal for real estate development, agriculture, or commercial and industrial projects.
From Altos de Pedregal you have access to the Northern Corridor. Upon entering the Northern Corridor you have exits at Albrook Mall, Albrook Airport, and the Panamanian Pacific ports.
You also have access to the Panama Colon Highway. If you need to travel to Mañanitas, Pacora, Chepo, and beyond you can take the same Northern Corridor in the opposite direction.
Another way to travel to the northern part of the country is by the Northern Highway and exit in the La Cabima sector.
If you need to get to the city center, from Altos de Pedregales it is easy to travel to José Ma Torrijos Avenue and have access to the Panama metro station in Pedregal or if you go by car take the junction of the Southern Corridor in front of the Riande Airport Hotel.
For these reasons, properties in Altos de Pedregal are highly sought after by logistics companies, real estate developers, and distribution and wholesale sales companies.
Land for Sale Description
Topographical Features:
Flat land with a slight slope that facilitates construction.
Good natural drainage.
Fertile soil in case of agricultural use.
Road Access:
Connectivity to main roads that facilitate access from the center of Pedregal and other key areas.
A few minutes from commercial areas, schools, and hospitals.
Available Public Services:
Drinking water.
Electric power.
Connection to telecommunications networks (internet and telephone) Investment Opportunities
Zoning:
The land has mixed zoning, allowing its use for residential and commercial developments.
Residential: Opportunity to build low or medium-density developments.
Commercial: Ideal for a logistics center, warehouses, or high-impact commercial developments in the region.
Agricultural: The soil fertility also allows for sustainable agricultural use.
Growth Projection in the Area: Pedregal is experiencing rapid growth with new residential and commercial projects that are driving the value of land in the area.
Key Benefits
Strategic Location:
Close to major roads and services, which adds value to future developments.
Guaranteed Capital Gains: Urban development in Pedregal and surrounding areas increases the value of the investment in the short and medium term.
Flexibility of Use:
Whether for an agricultural, commercial, or residential project, this land adapts to various needs.
Competitive Price:
Priced below market considering the development potential and strategic location.
Conditions of Sale
Price per square meter: US$16.50 x m2.
Total Price: US$825,000.00.
Financing Options: Local Banks.
Documentation in order: Free of liens and ready to be notarized.
6. Conclusion
This land for sale in Altos de Pedregal represents a unique opportunity for investors looking to take advantage of the accelerated growth of the area and develop projects that respond to the market’s needs. With its excellent location, versatile features, and increasing capital gains, it is an offer that cannot be passed up.
7. Contact
For more information or to schedule a visit to the land, please contact us at:
Name: Rómulo Borrero
WhatsApp: +(507) 6179-5869
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