Land lot with house for sale in Obarrio, Panama

Property Details

Property ID: 40218
Status: For Sale
Location: Obarrio
Property Type: Single Family House
Sale Price: $ 1,950,000
Year Built: 1943
Unit Number: 81
Built Area: 374.96 m2
Lot Size: 890 m2
Bedrooms: 7
Bathrooms: 4
Parkings: 2
Date Published: Jan 16, 2024
Updated: Jul 24, 2024
Times Viewed: 1530

Property Description

Land lot with house for sale in Obarrio, 890 sqm of land

Located in the heart of Obarrio, just a few steps from the prestigious Calle 50 avenue, this property is an architectural gem designed by the renowned Panamanian architect Calvin Stempel in 1955, in the Mid-Century style. Surrounded by lush gardens, the house offers a cutting-edge design that seamlessly integrates nature with bright spaces, creating a unique harmony both inside and out.

For those who appreciate history and the original structure, this 2-story impeccably preserved house presents an exceptional opportunity. It could be transformed into a cozy and warm signature restaurant, utilizing its spacious front garden for up to 8 parking spaces. Additionally, the proximity to a public parking in a building just across the street facilitates hosting even more vehicles.

The land has zoning RM3-C2, allowing for high-density construction in height and commercial spaces. This versatility offers endless possibilities for cutting-edge residential or commercial projects.

Do not miss the opportunity to acquire this unique property, perfectly located to boost your business or carry out your dream residential project.