20,007 SQ. M
4.94 Acres
(Lot Size)
Positioned directly along the National Highway in Divisa, La Arena, Chitré, this 20,007-square-meter property is offered at US$45 per square meter, presenting an attractive opportunity for buyers seeking a well-located parcel with excellent road exposure and easy accessibility. Its combination of size, flat topography, competitive pricing, and frontage on one of the region's main transportation corridors makes it suitable for a variety of future development possibilities.
Although the property enjoys a highly visible location, it remains conveniently close to the town of Chitré, allowing easy access to shopping, services, restaurants, and other everyday amenities. This balance of accessibility and available space is becoming increasingly difficult to find in the area.
The property consists of 2 hectare of predominantly flat land, providing a practical foundation for future planning and development. The level terrain offers flexibility for a wide range of potential projects while reducing many of the site preparation challenges often associated with sloped properties.
Fronting a paved national highway, the land benefits from excellent year-round access and strong visibility from passing traffic. The shape of the parcel and its highway frontage provide convenient entry options and make it well suited for buyers looking for a property with long-term commercial or investment potential.
The land is currently covered with mature trees and natural vegetation, creating a green setting while allowing future owners to selectively clear areas according to their development plans.
Its location along the national highway and proximity to surrounding businesses and nearby development may simplify future utility planning, subject to the appropriate approvals and connection processes.
Easy paved access is available directly from the highway, allowing convenient transportation for both construction and future operations.
Divisa serves as one of Panama's most important transportation crossroads, connecting the country's central provinces with destinations including Chitré, Las Tablas, Santiago, and Panama City. Properties along this corridor are consistently sought after because of their accessibility, visibility, and strategic location.
Situated in La Arena, just minutes from downtown Chitré, this property places future owners close to a full range of commercial services, healthcare facilities, educational institutions, and retail centers while maintaining immediate access to one of the country's primary road networks.
Whether envisioned as a commercial investment, future business location, or land holding with long-term appreciation potential, this 20,007 m² property offers a combination of size, highway frontage, and accessibility that is increasingly difficult to secure in this established area of Herrera Province.