Description
Advanced Residential Project • High Appreciation Potential • Ready to Develop
A 4.6-hectare (approx. 11.37 acres) property located in Los Algarrobos, within the residential area known as Valle de Los Algarrobos, a zone experiencing steady growth and strong housing demand. This property is ideal for investors and developers seeking a residential project with solid progress and ready to begin construction.
The land borders directly with Valle de Los Algarrobos and Colonias de Los Algarrobos, ensuring a well-established residential environment with excellent market acceptance, especially for preferential interest housing projects.
Property Features:
- 4.6 hectares (approx. 11.37 acres) of land: Spacious and functional area for a well-planned residential development.
- Strategic residential location: Populated area with high demand and sustained growth.
- Preliminary lot subdivision: Approximately 120 lots of about 225 m² each (approx. 2,422 ft² per lot), designed for a modern and efficient residential community.
- Established surroundings: Adjacent to existing residential developments, increasing value and easing commercialization.
- Land ready for development: Ideal to start construction immediately.
Project Progress – Valle 7:
- Approved RBS zoning.
- Approved Land Use Planning Study.
- Environmental Impact Study completed.
- Ecological compensation paid.
- Earth movement permit paid.
- Preliminary project in approval process (to be delivered approved).
- Potable water supply well ready, with connection enabled (only the well house pending).
- Topographic plans completed.
- Corrected boundary plans completed.
- Land cleared of organic material, preserving only trees within the conservation green area.
- Infrastructure preliminary project blueprints approved.
- Final construction infrastructure blueprints approved.
- Final earthworks completed.
- Lot grading completed.
- Roads marked and cut.
The buyer will receive the property with the approved preliminary project and fully completed earthworks, allowing construction to begin immediately without administrative delays or additional upfront costs.
Strategic Location:
Located 1.8 km (approx. 1.12 miles) from Vía Boquete, with access via Materiales y Ferretería Lishang, and just 8 km (approx. 4.97 miles) from Federal Mall. Its proximity to David and Boquete, two of the fastest-growing and most attractive areas in the country, makes this property a high-potential, fast-turnover investment.
An exceptional opportunity for developers seeking an advanced residential project, well located, and with all key permits already in place.
Contact us for more information or to schedule a site visit.
Follow us on our social media!
Instagram 😉 @prestigepanamarealty
Facebook 🏡 Prestige Panama Realty
Text me on WhatsApp 📲 Wee-Yiong Fung /Real Estate Agent
