Property Auction in Panama

The Ministry of Economy and Finance has announced the auction of two lots located in Albrook and Los Llanos.

Thursday, February 23, 2012

From a press release from the Ministry of Economy and Finance:

Two lots located in Albrook and Los Llanos de Curundú will be auctioned by the Administrative Unit of Reverted Areas at the Ministry of Economy and Finance in the last week of February.

On February 28th a parcel of land at Albrook will be auctioned, whose initial value is B / 1,294,561.00. The land area is 8,762.19 m2 within a low density residential zone. On February 29th a property measuring 3,359.50 m2 and with a value of B / 1,007,850.00 will be auctioned.

At 1:00 pm on 28th and 29th February 2012, bidding will begin. Both properties are adjacent to the banks of the Panama Canal, close to shopping centers, ports, highways, airports, among other things.

More information can be found on www.mef.gob.pa / UABR or by telephoning 511-9600, 511-9700, 511-9823.

More on this topic

Panama: Preparation for Auction of Reverted Properties

July 2016

In the remainder of July lots will be auctioned in Gamboa, Llanos de Curundú and Farfan, for $500,000, and in August lots will be auctioned in Albrook and Howard, for $2.5 million.

See list of properties up for auction

Auction of State Property in Panama

March 2012

Three plots located in Davis and Albrook, in the provinces of Colón and Panama respectively, will be auctioned to the highest bidder by the Reverted Property Unit.

A statement from the Ministry of Economy and Finance reads:

Strategic properties in the provinces of Panama and Colon will be auctioned by the Administrative Unit of Reverted Property (UABR) of the Ministry of Finance shortly.

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: Properties Auctioned in Reverted Areas

November 2010

The properties to be auctioned in November are located in the provinces of Panama and Colon.

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

The properties are located in Pedro Miguel and Albrook, Panama, and three in the area of David, in Colon.

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