Investment Opportunity – 210 Hectares (519 Acres) in Penonomé, Panama Penonomé, Provincia de Coclé, Panama
Vacant Land
Mixed Use
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:
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Size: 210 hectares / 519 acres (flat terrain – highly suitable for construction).
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Location: Only 6 minutes from Penonomé city center.
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Access: Asphalt-paved road directly to the property entrance.
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Utilities: Electricity available on-site.
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Surroundings: In front of a residential development and near an international school.
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Zoning Potential: Ideal for residential communities, commercial complexes, logistics hubs, or light industrial projects.
Strategic Location Advantages:
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Central Position: Penonomé is the capital of Coclé Province and a key commercial and service center in central Panama.
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Direct Connectivity: Quick access to the Pan-American Highway, linking to Panama City, Santiago, Chiriquí, and beyond.
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Established Infrastructure: Proximity to shopping centers, schools, banks, healthcare facilities, and essential services.
Area Growth Potential:
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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.
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Commercial Demand: Expanding residential areas are generating increased demand for retail, hospitality, and service-oriented businesses.
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Logistics & Industry: Its strategic location and highway access make it a prime candidate for logistics centers, warehouses, and light manufacturing facilities with regional reach.
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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?
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Strategic Position: Immediate proximity to residential and commercial zones.
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Development Ready: Flat land with road and utility access reduces preparation time and costs.
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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:
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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.
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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.
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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.
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Economic Stability: A diversified economy supported by commerce, agriculture, tourism, and mining.
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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:
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Long-Term Economic Activity: Guaranteed presence of a large-scale employer for decades.
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Population Influx: Engineers, contractors, and service providers moving to the area.
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Business Expansion: Opportunities in housing, hospitality, commercial centers, and support services.
Why Penonomé Stands Out for Investment:
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Central location with quick access to major cities and ports.
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Close to Pacific beaches and an international airport, boosting tourism and residential appeal.
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Proximity to a major mining operation driving sustained economic growth.
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Expanding infrastructure and urban development supporting large-scale projects.
Highlights
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Large-Scale Development Site: 210 hectares / 519 acres of flat terrain – ideal for residential, commercial, logistics, or light industrial projects.
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Prime Location: Only 6 minutes from Penonomé city center, Coclé’s provincial capital and a growing commercial hub.
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Excellent Access: Asphalt-paved road to property entrance, electricity on-site.
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Strategic Connectivity: Direct access to the Pan-American Highway linking Panama City, Santiago, and Chiriquí.
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Near Major Growth Drivers:
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Cobre Panamá Copper Mine – one of the largest in the world, creating sustained economic activity and housing demand.
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Pacific Beaches – less than 30 minutes to Santa Clara, Farallón, and Playa Blanca.
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Scarlett Martínez International Airport (Río Hato) – only 25 minutes away, connecting to domestic and international destinations.
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Urban Expansion: Growing residential and commercial developments supported by population growth and tourism.
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Surrounding Infrastructure: Proximity to shopping centers, schools (including international), banks, healthcare facilities, and established residential communities.
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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
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.
