Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama
Penonomé, Provincia de Coclé, Panama

Investment Opportunity – 210 Hectares (519 Acres) in Penonomé, Panama Penonomé, Provincia de Coclé, Panama

Availability: for sale
Property Type: Business Opportunities
Vacant Land
Mixed Use
Land Size: 519  Ac
Price: $4,950,000
Price per Acre/SF: $9,538 / $0.22

Property Description

Investment Opportunity – 210 Hectares (519 Acres) in Penonomé, Panama

Property Overview:
An exceptional opportunity to acquire a 210-hectare (approx. 519-acre) flat land parcel strategically located in Penonomé, just 6 minutes from Penonome, the city’s main commercial hub. This prime property offers outstanding development potential thanks to its ideal topography, direct infrastructure access, and a rapidly expanding surrounding area.

Key Features:

  • Size: 210 hectares / 519 acres (flat terrain – highly suitable for construction).

  • Location: Only 6 minutes from Penonomé city center.

  • Access: Asphalt-paved road directly to the property entrance.

  • Utilities: Electricity available on-site.

  • Surroundings: In front of a residential development and near an international school.

  • Zoning Potential: Ideal for residential communities, commercial complexes, logistics hubs, or light industrial projects.

Strategic Location Advantages:

  • Central Position: Penonomé is the capital of Coclé Province and a key commercial and service center in central Panama.

  • Direct Connectivity: Quick access to the Pan-American Highway, linking to Panama City, Santiago, Chiriquí, and beyond.

  • Established Infrastructure: Proximity to shopping centers, schools, banks, healthcare facilities, and essential services.

Area Growth Potential:

  • Urban Expansion: Penonomé has seen consistent population growth driven by internal migration, as families seek quality of life and more affordable housing compared to Panama City.

  • Commercial Demand: Expanding residential areas are generating increased demand for retail, hospitality, and service-oriented businesses.

  • Logistics & Industry: Its strategic location and highway access make it a prime candidate for logistics centers, warehouses, and light manufacturing facilities with regional reach.

  • Tourism & Services: Coclé Province is experiencing a tourism boom due to its beaches, mountains, and cultural attractions, further driving demand for supporting infrastructure and services.

Why This Property?

  • Strategic Position: Immediate proximity to residential and commercial zones.

  • Development Ready: Flat land with road and utility access reduces preparation time and costs.

  • Growth Area: Strong economic, residential, and service-sector expansion in the region.

Area Description

About Penonomé – Strategic Heart of Central Panama

Penonomé is the capital city of Coclé Province, strategically located in the geographic center of Panama along the Pan-American Highway. This prime positioning makes it a natural logistics, service, and commercial hub for both the Pacific region and the country’s central interior.

The city offers a strong combination of urban amenities and development-ready surroundings, with easy access to shopping centers, banks, healthcare facilities, schools (including international institutions), and government services. Its role as a provincial capital has fostered steady population growth and attracted investment across residential, commercial, and industrial sectors.

Location Advantages:

  • Central Connectivity: Direct access to the Pan-American Highway provides efficient transportation to Panama City (approx. 2 hours), Santiago, Chiriquí, and ports on both the Pacific and Atlantic coasts.

  • Proximity to Pacific Beaches: Less than 30 minutes from some of Panama’s most popular beach destinations such as Santa Clara, Farallón, and Playa Blanca, making it attractive for tourism-related investments and second-home developments.

  • Nearby International Airport: Just 25 minutes from Scarlett Martínez International Airport in Río Hato, which receives both domestic and international flights, providing direct connectivity for tourists and business travelers.

  • Economic Stability: A diversified economy supported by commerce, agriculture, tourism, and mining.

  • Growing Consumer Base: Increasing middle-class population seeking high-quality housing and modern services.

Proximity to Cobre Panamá Copper Mine:

Located within a short drive from Penonomé, Cobre Panamá is one of the largest open-pit copper mines in the world and a major driver of Panama’s GDP. This $6+ billion project sustains thousands of jobs, creating continuous demand for housing, retail, logistics facilities, and infrastructure in surrounding areas.

For developers and investors, the mine’s operations ensure:

  • Long-Term Economic Activity: Guaranteed presence of a large-scale employer for decades.

  • Population Influx: Engineers, contractors, and service providers moving to the area.

  • Business Expansion: Opportunities in housing, hospitality, commercial centers, and support services.

Why Penonomé Stands Out for Investment:

  • Central location with quick access to major cities and ports.

  • Close to Pacific beaches and an international airport, boosting tourism and residential appeal.

  • Proximity to a major mining operation driving sustained economic growth.

  • Expanding infrastructure and urban development supporting large-scale projects.

Highlights

  • Large-Scale Development Site: 210 hectares / 519 acres of flat terrain – ideal for residential, commercial, logistics, or light industrial projects.

  • Prime Location: Only 6 minutes from Penonomé city center, Coclé’s provincial capital and a growing commercial hub.

  • Excellent Access: Asphalt-paved road to property entrance, electricity on-site.

  • Strategic Connectivity: Direct access to the Pan-American Highway linking Panama City, Santiago, and Chiriquí.

  • Near Major Growth Drivers:

    • Cobre Panamá Copper Mine – one of the largest in the world, creating sustained economic activity and housing demand.

    • Pacific Beaches – less than 30 minutes to Santa Clara, Farallón, and Playa Blanca.

    • Scarlett Martínez International Airport (Río Hato) – only 25 minutes away, connecting to domestic and international destinations.

  • Urban Expansion: Growing residential and commercial developments supported by population growth and tourism.

  • Surrounding Infrastructure: Proximity to shopping centers, schools (including international), banks, healthcare facilities, and established residential communities.

  • Investment Appeal: Central Panama location with multiple development opportunities and strong economic growth indicators.

Full Address: Penonomé, Provincia de Coclé, Panama

Listing Type: FOR SALE

Status: Active

County: Penonomé

Business Type: Construction Businesses

Property ID: 4084291

Tenancy Type: Single-Tenant

Features

  • Large-Scale Development Site: 210 hectares / 519 acres of flat terrain – ideal for residential, commercial, logistics, or light industrial projects.

  • Prime Location: Only 6 minutes from Penonomé city center, Coclé’s provincial capital and a growing commercial hub.

  • Excellent Access: Asphalt-paved road to property entrance, electricity on-site.

  • Strategic Connectivity: Direct access to the Pan-American Highway linking Panama City, Santiago, and Chiriquí.

  • Near Major Growth Drivers:

    • Cobre Panamá Copper Mine – one of the largest in the world, creating sustained economic activity and housing demand.

    • Pacific Beaches – less than 30 minutes to Santa Clara, Farallón, and Playa Blanca.

    • Scarlett Martínez International Airport (Río Hato) – only 25 minutes away, connecting to domestic and international destinations.

  • Urban Expansion: Growing residential and commercial developments supported by population growth and tourism.

  • Surrounding Infrastructure: Proximity to shopping centers, schools (including international), banks, healthcare facilities, and established residential communities.

  • Investment Appeal: Central Panama location with multiple development opportunities and strong economic growth indicators.

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