Street view of a three-story building with blue and green paint, a balcony with plants, and a motorcycle parked outside.

Mixed-Use Project Potential in Panama City

$367,000
  • ~371.98 m² Living area

Description

Discover Casa Isabela: Modern Opportunity Steps from Casco Viejo Located on Calle 16, just outside the protected historic district of Casco Viejo, Casa Isabela offers a unique investment opportunity in one of Panama’s most dynamic urban corridors. Its position just beyond the heritage preservation limits means more flexibility in design, expansion, and usage—making it ideal for visionary investors and developers seeking to build a residential, commercial, or mixed-use project with fewer restrictions. Zoned RM2-C2, this classification allows for a wide range of residential and commercial developments, including boutique hotels, retail, short-term rentals, or multi-unit residences. The property’s strategic location gives you all the benefits of being steps from the energy and tourist appeal of Casco Viejo, without the limitations of heritage regulations. Casa Isabela blends the charm of nearby colonial surroundings with the freedom of contemporary urban development. The area is seeing strong growth in tourism, infrastructure, and high-end residential demand. Whether you're seeking passive income, a high-yield short-term rental model, or a long-term capital gain, Casa Isabela checks all the boxes for a successful real estate investment in Panama City. Panama’s real estate market continues to attract international investors looking for stability, lifestyle, and value. With Casa Isabela, you’re not just buying property—you’re securing a foothold in the future of Panama City’s most iconic neighborhood. Don’t miss this chance to invest with freedom, design flexibility, and unbeatable proximity to Casco Viejo. Contact us today to explore the full development potential of Casa Isabela.
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Engel & Völkers

Your advisor: Maria Arosemena

Property ID: AM-5080898

Property details
  • Property type

    Commercial Space

  • Living area

    ~371.98 m²

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