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.
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.-
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.
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