Prime Residential Tower Development Site in Marbella, Panama City
€3,931,000€1,939/m²
Panama City, Panama
2
bedrooms
2
bathrooms
2,027 m²
interior
774 m²
plot
Land
property type
Yesterday
listed
The Habio take
AI summaryThis exceptional residential tower site in Marbella, Panama City offers a lucrative redevelopment opportunity with the potential for luxury apartments. Located in a prestigious district, it promises significant income and capital appreciation.
- city
- investment
- luxury
- new build
Highlights
- Prime redevelopment opportunity
- Established high-yield rental income
- Zoned for a 15-story luxury tower
- High demand area with premium amenities
- Proximity to Tocumen International Airport
Good fit for: Ideal for developers and investors looking for prime real estate in an upscale urban setting.
Lifestyle scores
- Beach
- 65
- Walkable
- 90
- Remote work
- 70
- Family
- 75
- Retirement
- 80
- Airport access
- 85
- Investment
- 85
- Luxury
- 80
- Value
- 60
About this place
This prime 774 m² plot is currently home to a three-story residential complex featuring 2,027 m² of living space. The existing structure generates a substantial annual rental income of $267,600, making it a high-yield investment. It includes a luxury independent residence with a private pool, a triplex unit with a private terrace and jacuzzi, and eight modern apartments designed for the upscale rental market.
The site is zoned for medium-intensity urban development, allowing for a 15-story luxury residential tower with potential for up to 70 apartments, each averaging 115 m². The development is well-positioned in Marbella, known for its convenience, upscale amenities, and a vibrant lifestyle within walking distance of restaurants and nightlife. The upcoming project is projected to encompass approximately 8,050 m² of premium residential space, with a competitive parking ratio for ease of living.
Panama City is celebrated for its unique blend of modernity and rich history, offering a dynamic urban environment alongside natural beauty, including a tropical rainforest. This location is not only a gateway to high-end residential living but also an investment in one of the fastest-growing markets in the region.
