Exterior view of a weathered, multi-story building with balconies and peeling paint in yellow, brown, and turquoise.

Prime Development Opportunity on Avenida A – Casco Antiguo

$769,000
  • ~386.94 m² Living area

Description

Located on the iconic Avenida A in Casco Antiguo, Casa Camila represents a valuable opportunity for investors and developers seeking to create a distinctive residential or commercial project in Panama’s most historic district. With a land area of 180 m² and a total built-up space of 387 m², the property offers ample space and flexibility for various development concepts. The property benefits from RMH2-C2 zoning, allowing for a mix of high-density residential and commercial uses. Its Category 3 historic heritage designation adds character and historical significance, offering a balance between preserving architectural integrity and enabling thoughtful renovation or expansion. This makes Casa Camila a compelling option for those looking to blend tradition with modern functionality. Avenida A is one of Casco Antiguo’s most prominent thoroughfares, connecting key landmarks, boutique hotels, restaurants, cultural institutions, and plazas. The consistent foot traffic and visibility this location provides is highly advantageous for businesses such as galleries, specialty retail, cafés, or boutique hospitality concepts. At the same time, the charming streetscape and rich historical fabric make it equally ideal for high-end residential use. Casco Antiguo continues to attract local and international attention for its cultural heritage, architectural beauty, and growing investment appeal. Urban revitalization efforts and strong tourism trends further reinforce the long-term value of properties like Casa Camila. Whether envisioned as a private residence, a commercial venture, or a combination of both, this property stands out as a versatile canvas in a thriving urban context. Casa Camila is more than just a physical structure—it’s an invitation to be part of the evolution of Casco Antiguo, where each building holds a story, and every project becomes part of the neighborhood’s living history.
engel & völkers shop image

Engel & Völkers

Your advisor: Maria Arosemena

Property ID: AM-5082753

Property details
  • Property type

    Commercial Space

  • Living area

    ~386.94 m²

Contact the provider

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by Green North Castle, S.A.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data Green North Castle, S.A. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers

engel & völkers shop image

Provider:

Green North Castle, S.A.

Privacy policy of content provider

License partner of Engel & Völkers Americas, Inc.

wavy pattern