Panama Auctions Properties for $ 12 Million

Auctions valued at $ 12.5 million will be made during the first quarter of 2011.

Wednesday, January 5, 2011

The auctions will be conducted by the Unit of Reverted Property (UABR) of the Ministry of Economy and Finance.

In January, the UABR will auction two low-density residential lots, located in the community of Margarita, in the Atlantic region, for an amount close to $ 122.342.

In February they will conduct eight auctions, with values is in the order of $ 11.6 million. The auctioned houses and lots are located in Espinar, Davis, Margarita, La Boca, Albrook and Valle de San Francisco (on the road by the Centennial Bridge) where three mixed-use commercial high-density urban lots are located .

In March 2011, the assets auctioned will be six residential low density lots for an initial bid of $ 845.399.

Among the goods auctioned will be a 6,256.67 square meter square building with an estimated value of $ 1.2 million.

More on this topic

Panama Auctions Building for $ 1.5 Million

February 2011

On February 15 will take place a public auction for a building in Espinar, Colon Province, for the amount of $ 1,457,130.

The auctioned property is of mixed commercial and residential use, with a total area of 6,256.67 square meters.

Also in February the Administrative Unit of Reverted Land of the Ministry of Economy and Finance (UABR) will auction two lots in Colon: one located in Davis for a starting bid value of $ 106.747 and another in Margarita for $ 74.995.-

Panama Property Auction for $2.8 million

June 2012

The Ministry of Finance is to auction two buildings and one lot located in the provinces of Colón and Panama.

Details of the properties for auction:

No. 902 BUILDING, LAND AREA 6256.67 MTS2, CONSTRUCTION AREA 1421.83 MTS2, LOCATED IN THE COMMUNITY ESPINAR, Township of CRISTÓBAL, DISTRICT AND PROVINCE OF COLON, FOR MIXED COMMERCIAL URBAN USE

Panama: Auction of Lots for $2.2 million

July 2015

The Reverted Property Unit will be auctioning lots in August for residential or commercial development in Gamboa, Margarita, Davis and Espinar, in the Atlantic sector and in Farfan and Ancon on the Pacific.

From a statement issued by the Ministry of Economy and Finance:

More Property Auctions in Panama

May 2012

The Administrative Unit of Reverted Properties in the next few months will continue with the sale by auction of properties with great potential for investment.

The land in Clayton CL-22, with an area of 4,715.88 m2, has an estimated value of B / 825,279.00, and is zoned as low-density residential and medium intensity and will be awarded to the highest bidder.

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


EXCELLENT LAND LOCATION FOR MOTEL IN PANAMA'S CORREDOR NORTE

The area of property is 12,613 m2 (3.17 AC) with 138 lineal meters (453 Ft.) frontage to corredor norte. Land classified as RM3. At only $190/M2
Prime property for motel, residential building...

Stock Indexes

(Aug 3)
Dow Jones
-0.52%
S&P 500
-0.28%
Nasdaq
-0.25%

Commodities

(Aug 4)
Brent Crude Oil
50.570
Coffee "C"
127.15
Gold
1,083
Silver
14.435