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Own a Historic Landmark in Casco Viejo Boutique Hotel or Luxury Residences? You Decide

$1,300,000
  • ~851.92 m² Living area

Description

Own a Piece of History in the Heart of Casco Viejo Located in the heart of Panama City’s Casco Viejo, this remarkable historic building is a true gem with endless potential. Nestled on Calle 3ª, right next to the iconic Arco Chato, this property offers a privileged position in one of the most culturally rich and architecturally stunning areas of Panama. Casco Viejo, recognized as a UNESCO World Heritage Site, is celebrated for its beautifully preserved colonial-era buildings, cobblestone streets, and vibrant energy. Walking through this neighborhood is like stepping into history, with 17th-century churches, charming plazas, boutique hotels, and some of the city’s best restaurants and rooftop bars. By day, it attracts visitors eager to explore its museums, art galleries, and local artisan shops. By night, it transforms into a lively hotspot with music-filled streets, hidden speakeasies, and exclusive social clubs. Originally built in 1923, this two-level building sits on a 320 m² lot, with an existing 852 m² of constructed space. It features an interior courtyard, an elegant entry passage, and breathtaking views of the Arco Chato. The property includes an approved commercial project and permits to expand to three levels, allowing for a total area of 852 m² of prime real estate. Whether you envision a boutique hotel, luxury residences, or a high-end commercial space, this is a rare opportunity to invest in one of the most sought-after locations in Casco Viejo. With its unbeatable location and timeless charm, this property is ready to be transformed into something extraordinary.
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Engel & Völkers

Your advisor: Cristina Zuñiga

Property ID: AM-5077447

Property details
  • Property type

    Commercial Space

  • Number of Floors

    3

  • Living area

    ~851.92 m²

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