Multi-Family For Sale in Casco Antiguo

Located in the picturesque Casco Viejo of Panama City, this French-style building, restored in 2010, offers a unique investment opportunity. With a total construction area of 454.43 m², the property combines historical elegance with modern functionality. Key Features: • Private Residence: The upper floor houses a spacious residence featuring a rooftop terrace with panoramic views of the sea and the city. Designed with flexibility, it allows for the addition of more bedrooms or conversion into separate apartments. • Commercial Space: The ground floor includes a retail space, ideal for various businesses, taking advantage of the constant flow of tourists and residents in the area. • Zoning: Classified as RMH1-C1 in a "Zone of Silence," ensuring a peaceful and regulated environment. Casco Viejo, a UNESCO World Heritage Site, is renowned for its rich history and colonial architecture. Its cobblestone streets, historic plazas, and restored buildings create a charming atmosphere that attracts both locals and visitors. The area offers a wide variety of restaurants, cafés, boutiques, and art galleries, making it the cultural and social epicenter of the city. The property benefits from excellent accessibility, being just minutes from Panama’s financial district and with direct connections to major avenues and highways. Additionally, its proximity to the sea adds extra appeal for residential or commercial projects seeking privileged views and a coastal ambiance. Built in 1912, this building has witnessed Panama’s transformation throughout the 20th century. Its architecture reflects the French influence of the era and has been carefully restored to preserve its historical value while providing modern comforts that today’s investors seek. Sale Price: $2,000,000 This property represents an exceptional investment in one of Panama’s most iconic areas, combining historical heritage with outstanding commercial and residential opportunities.