**CORNER DEVELOPMENT SITE FOR SALE – OBARRIO, PANAMA CITY**

**Sale Price: US$6,500,000**

Located in one of Panama City's most prestigious and sought-after districts, this exceptional corner lot offers a rare opportunity for developers and investors seeking a large-scale project in the heart of the city's financial and commercial center.

**Location:** Ricardo Arias Street & 58th East Street, Obarrio
**Lot Size:** 3,550 m² (38,212 sq. ft.)
**Zoning:** ZM6 – High-Density Mixed-Use Commercial

### Property Features

* Prime corner lot
* 3,550 m² of land
* Excellent visibility and commercial exposure
* Frontage on two streets
* Strategic location in one of Panama City's most dynamic business districts
* Surrounded by corporate offices, hotels, restaurants, banks, and retail establishments
* Easy access to Calle 50, Via España, and the Corredor Sur

### Development Potential

The ZM6 zoning allows for a wide range of high-density developments, including:

* Residential towers
* Mixed-use projects
* Corporate office buildings
* Hotels and serviced apartments
* Medical centers
* Commercial developments

### Investment Highlights

* Prime location in Panama City's financial district
* Limited availability of large development sites in Obarrio
* Strong residential and commercial demand
* Excellent appreciation potential
* Ideal for developers, investment funds, and institutional investors

This is one of the few remaining large-scale development opportunities available in Obarrio, offering exceptional value and long-term investment potential in one of Panama City's most established and desirable neighborhoods.

For additional information, zoning details, or to schedule a site visit, please contact us.