Concept render of the planned landscaping
Lot 15
Caribbean-facing residential lot · The Island, Playa Escondida
María Chiquita, Portobelo, Colón, Panama
US$3,600,880
US$2,000 / m² · 1,800.44 m²
Prices from the developer’s price list of November 4, 2026.
Lot facts
- Area
- 1,800.44 m²
- Price
- US$3,600,880
- Per m²
- US$2,000
- Zoning
- R2 · low-density residential
- Road frontage
- 24 mapprox.
- Sea-side width
- 24 mapprox.
- Depth
- 75.2 mapprox.
- Max footprint (50%)
- 900 m²
- Max height
- Ground + 2 floors
- Setbacks
- 2.5 m front · 1.5 m sides · 5 m rear
Lot plan
Where it sits on the island
← Back to the island planShaded area: where a building can sit after setbacks. Dimensions are measured from the 2022 master plan and rounded; the lot area is the developer’s figure.
What you could build here
A home or small apartment building of up to three levels, with a footprint of up to 900 m², set back from the road and the sea-side boundary. Building plan approval required: the project owner must approve the design.
Illustrative massing on lot 15 (1,800.44 m²), drawn to the R2 rules: inside the setbacks (dashed blue line), up to three levels and no more than half the lot covered.
Villa
One home over three levels with a sea-facing pool. About 390 m² footprint (22% of the lot) and 650 m² built.
Two attached homes
A pair of three-level homes, each with its own pool and carport. About 430 m² footprint (24%) and 730 m² built in total.
Small apartment building
Six apartments over three levels, one parking space each and a shared pool. About 700 m² footprint (39%) and 1,940 m² built, with 2 m side setbacks.
Illustrations only, not designs. Every building design needs the project owner’s approval, and plans approved by the authorities.
Your listing agent
David Aguirre
Senior Investment Specialist · DoPanama
Verified · Agency licence PJ-1430-2023
- 16
- years selling in Panama
- 300+
- international families
- 30 min
- typical reply
David has spent 16 years selling real estate in Panama and works the whole market: city resale, off-plan projects, rental investment, and the purchase that starts as a holiday home and ends up as residency. Since being licensed in 2009 he has closed with more than 300 international families.
Speaks: English and Spanish
Meet the team at DoPanama