Lot with super central location 19,644 ft2 – Investment opportunity in Chiriquí. One of the last Lots Available in DownTown David.

$ 1,700,000
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ID : 822
Price: $ 1,700,000
Lot Size: 1,825 m2
Property Size: 200 m2

Description

Discover this commercial lot strategically located in the heart of David, one of the most dynamic areas with the greatest economic growth in the city.

Lot Details:

  • Passive Income: Generating $1,200 per month in rent, providing an excellent source of income.
  • C3 Zoning: Allows a wide range of commercial uses, including urban retail, multifamily housing, apartments and light industrial, maximizing its development potential.
  • Recent Appraisal: With an appraisal updated in April 2024, guaranteeing transparency and accuracy in the value of the property.

Advantages and Potential of the Lot:

  • Strategic Location: Close to important landmarks such as the Sucre School, Hotel Nacional, El Campeón, Parque de Cervantes and central areas of the City of David.
  • Flexibility: Ideal for the construction of a shopping plaza or commercial premises, taking advantage of its zoning and its privileged position in the centre of the city.
  • Secure Investment: With current commercial use and the possibility of maintaining the lot to continue generating rental income, this property offers a solid, long-term investment.

Take advantage of this opportunity to acquire a commercial lot with great development potential in one of the most important and busy areas of David! Contact us now for more details and secure your place in the future of commerce in the city.

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Asphalt Road
Commercial Area
Fenced
Flat Land
Municipal Aqueduct
Schools Nearby
Sidewalks
TV / Internet Service

Contact Me

Schedule a showing?
Call +507 6981-5000 WhatsApp

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Testimonials

Thanks to Wee-Yiong we have a house for our business, now we don't have to pay rent anymore
German (Entrepreneur)
From the USA - Being a foreigner, buying a property in Panama is different and sometimes confusing.
Chris (Retired)
From Atlanta, Wee-Yiong was the only broker in David that I contacted via email. He kept me informed with photos and videos of properties that I might like.
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Wee-Yiong Fung