Casco Viejo, San Felipe, Ciudad de Panamá
| 12 Bedrooms | 12 Bathrooms | 509 mt2 | Parking |
Investment opportunity to develop a residential and commercial project in one of the fastest-growing and most valuable areas of Panama City. The property boasts a strategic location on the edge of a UNESCO-protected heritage area, offering excellent potential for renovation and commercial development.
Location: Casco Antiguo, Panama City
Construction Area: 509 m²
Property Features
• 12 apartments
• 1 commercial space
• Third-order historical category
• RMH3-C2 zoning
• Ideal property for renovation and remodeling
• Approximately 60% of the units are currently rented, generating income from day one
• Approved complete renovation plans developed by Díaz y Díaz
• Restaurant license
• Excellent potential for apartment development, a boutique hotel, Airbnb, or a mixed-use project
Added Value
• Prime location on the axis that defines the UNESCO-protected Historic Center.
• Area of high tourist and commercial demand.
• Project with approved permits and plans, reducing development time.
• Excellent opportunity for investors seeking to generate income through residential, tourist, or commercial rentals.
Sale Price: $750,000
