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Building for Sale in the Heart of the Historic District

Casco Viejo, Panama City  ·  Building  ·  ID #56163

Sale Price
$3,200,000
Built Area
513 m2

Features

Close to Shopping Centers
Close to Schools
Secured Guard
Green Area

Description

Sale Price: $3,200,000
Total Area: 513 m²
Levels: 4
Use: Mixed-Use (Residential and Commercial)
Zoning: RM H1 – C2

Distribution:

  • Residential: 1 unit
  • Commercial Space: 1 unit

The building features a loft-style commercial space on the ground floor, ideal for offices, boutiques, or upscale restaurants. This unit includes a modern conference room equipped with video conferencing technology, two private offices with en-suite bathrooms, and large windows providing excellent natural lighting.

On the upper levels, the property offers an exclusive residential space with high-end finishes. This penthouse, distributed across two levels, boasts spacious terraces, balconies with panoramic views, and a layout designed to maximize comfort and elegance. Its strategic location makes it an ideal option for those seeking a property combining historical and modern value.

Tax Benefits:

This property enjoys exclusive incentives under Law 136 - Historic District, which include:
10 years of income tax exemption
30 years of real property tax exemption

Located on one of the city's most exclusive streets, this building is situated in the heart of the Historic District, designated as UNESCO World Heritage Site in 1997. This historic neighborhood is a key investment point for real estate, with growing demand in both commercial and residential sectors.

Environment and Property Value

  • Gastronomy and Entertainment: First-class restaurants, bars, and cafes with innovative offerings.
  • Tourism and Culture: Historic attractions, art galleries, and ongoing cultural events.
  • High Profitability: The growth of boutique hotel investments, coworking spaces, and retail commerce drive appreciation in the area.
  • Road Connectivity: Easy access to the city's main thoroughfares, with infrastructure improvements such as Cinta Costera III.
View complete description

Location

Location map available for this property Show Map

Contact Info

Name Francisco Godoy
License PN-5266
Last Updated: 21 Jul 2026

Posted By

Francisco Godoy

Francisco Godoy

License: PN-5266

+507

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