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Province of Panama | Land for Mixed-Use Development in Don Bosco

Price
B/.8,883,350

Province of Panama | Land for Mixed-Use Development in Don Bosco

Location

Province of Panama

Published

24/05/2024

Details

The land is made up of 3 adjacent plots totaling 25,381 square meters, distributed as follows:

PLOT 1: 10,000 square meters (lower part and closest to the urbanization), frontage of approximately 60 meters.

PLOT 2: 8,000 square meters (middle part), frontage of approximately 65 meters and depth of 120 meters.

PLOT 3: 7,381 square meters (upper part, bordering CC Don Bosco) on a commercial corner with 60 meters facing the street and 120 meters facing the service road of the commercial area.

PARCELS CAN BE SOLD FROM PLOT 1 (10,000 square meters onwards)

ZONING:
According to the latest actions on urban zoning in Panama City and the impact that Line 2 of the Metro has had on the land (DON BOSCO station, located less than 200 meters away), the designated zoning for the plot is MP-C2, see zoning plan for land by Line 2 of the Metro in 2021 attachment.

This zoning allows for:
CATEGORY: Mixed-use of medium height
PERMITTED USES: Multifamily housing, commerce and services, public equipment, parking buildings
MAXIMUM OCCUPANCY: Up to 100% of the plot, after applying setbacks.
MAXIMUM HEIGHT: Free according to density.
DENSITY: 1,400 inhabitants/hectare.