Description
Excellent opportunity for investors and developers looking for a large development property in David, Panama, within the city’s urban area.
This property offers 5 hectares (12.36 acres), equivalent to 50,000 m² (538,196 ft²), and is located in San Carlitos, bordering the residential communities of Colinas de Santa Cruz and Villa Laura. It is approximately 1 km (0.62 miles) from the rear entrance of Federal Mall.
Property Features
- Borders the residential communities of Colinas de Santa Cruz and Villa Laura.
- Multiple potential access points through the neighboring communities.
- Two entrances from the Villa Laura area.
- Surrounded by established residential neighborhoods.
- Large parcel with open areas and natural vegetation.
- Approximately 1 km (0.62 miles) from the rear entrance of Federal Mall.
Investment and Development Potential
Because of its size and strategic location, this 5-hectare (12.36-acre) property in David, Chiriquí offers substantial space for a variety of potential development concepts.
The land could be considered for a private residential development, housing community, homes for sale or rent, commercial spaces, professional offices, or a mixed-use project combining residential areas with services and commercial components.
Its proximity to several established neighborhoods can be an advantage for projects designed to serve families looking to live near shopping, schools, and everyday services in David.
The property’s multiple access possibilities may also facilitate the planning of internal roads, independent entrances, and different phases of development.
For investors searching for land for development in David, Panama, this property combines significant acreage, proximity to Federal Mall, established residential surroundings, and flexible access options.
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