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Casa Gloria – Unique Opportunity in Panama Historic District

$469,000

Description

Casa Gloria – Unique Opportunity in Panama’s Historic District Located on the wide and well-known Calle 13 in Casco Viejo, Casa Gloria offers a rare investment opportunity in one of Panama City’s most iconic and fastest-growing areas. The property sits in a key location where the upcoming Puerta Sur infrastructure project will create a new access route into the historic quarter, bringing a significant increase in tourist and pedestrian flow. With a 184 m² lot and the potential to build up to 720 m², this property is perfectly suited for mixed-use development, including residential, commercial, or hospitality purposes. Zoned as RMH2 (Medium-Density Residential) and designated as a Category 3 Historic Heritage Site, Casa Gloria offers both flexibility and legal protection, ensuring the preservation of its cultural value while allowing vertical expansion. The area is rapidly becoming a hotbed for boutique hotels, art galleries, fine dining, short-term rentals, and upscale residences, driven by high demand from both investors and international visitors. Casa Gloria is more than just a lot—it's a gateway to the future of Casco Viejo. With its strategic location, architectural potential, and proximity to major urban transformations, this property stands out as a smart and forward-thinking investment with strong potential for appreciation in the medium to long term.
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Engel & Völkers

Your advisor: Maria Arosemena

Property ID: AM-5081996

Property details
  • Property type

    Commercial Space

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