Ad #7385781
MLS #AM-5094731
A Unique Investment: Building For Renovation In Casco Viejo Your
Casco Viejo, Panama City
$500,000
--Beds
2Baths
2,454Sqft
--Acres
About this property
A Unique Investment: Building For Renovation In Casco Viejo
Your Legacy Project In A UNESCO World Heritage Site Today
Discover the perfect canvas for a development and investment project in the heart of Casco Viejo, a sought-after UNESCO World Heritage site. This building offers an exceptional opportunity for a total renovation, allowing a visionary investor to capitalize on the area's high value, tourism demand, and the prestige of owning a piece of Panamanian history. The property combines an existing construction of 228 m2 (2,454.17 SQFT) on a small, valuable lot of 68 m2 (731.94 SQFT).
The disproportion between the built area and the land is typical of the dense, highly valuable colonial core, indicating a multi-story structure of three or more levels. This translates into a unique opportunity to maximize usable space, either by creating luxury apartments for short-term rental () or developing a boutique hotel/commercial space, maximizing vertical space. Since it requires a complete renovation, the future owner has the freedom to design modern interiors while respecting the building's historical character.
To live or invest in Casco Viejo is to secure an asset in the city's most vibrant and solid real estate market. The neighborhood benefits from a constant flow of high-end tourism and is a hub for gastronomy, culture, and art. This property is located in a strategic spot that ensures significant profitability, offering the potential for a high Return on Investment (ROI) once the restoration is complete.
Property Features
0 Beds
2 Baths
2,454 Sqft
0.000 Acres
Panamá County
Additional Photos
Contact Information
Nicole Perez
Engel & Völkers Panama City
Location
Listing Agent: Nicole Perez
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$500,000
--
Beds
2
Baths
2,454
Sqft
Casco Viejo, Panama City
By contacting this agent you agree to these Terms and Conditions.
MLS# AM-5094731
A Unique Investment: Building For Renovation In Casco Viejo Your
$500,000
Casco Viejo, Panama City
--
Beds
2
Baths
2,454
Sqft
--
Acres
$500,000
Casco Viejo, Panama City
-- Beds
2 Baths
2,454 Sqft
-- Acres
A Unique Investment: Building For Renovation In Casco Viejo
Your Legacy Project In A UNESCO World Heritage Site Today
Discover the perfect canvas for a development and investment project in the heart of Casco Viejo, a sought-after UNESCO World Heritage site. This building offers an exceptional opportunity for a total renovation, allowing a visionary investor to capitalize on the area's high value, tourism demand, and the prestige of owning a piece of Panamanian history. The property combines an existing construction of 228 m2 (2,454.17 SQFT) on a small, valuable lot of 68 m2 (731.94 SQFT).
The disproportion between the built area and the land is typical of the dense, highly valuable colonial core, indicating a multi-story structure of three or more levels. This translates into a unique opportunity to maximize usable space, either by creating luxury apartments for short-term rental () or developing a boutique hotel/commercial space, maximizing vertical space. Since it requires a complete renovation, the future owner has the freedom to design modern interiors while respecting the building's historical character.
To live or invest in Casco Viejo is to secure an asset in the city's most vibrant and solid real estate market. The neighborhood benefits from a constant flow of high-end tourism and is a hub for gastronomy, culture, and art. This property is located in a strategic spot that ensures significant profitability, offering the potential for a high Return on Investment (ROI) once the restoration is complete.
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Property Details
HOME DETAILS
0 Beds
2 Baths
2,454 Sqft
0.000 Acres
FINANCIAL & COMMUNITY
Panamá County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7385781
Viewed
92 times
Listing Status
Active
Added
Mar 11, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Engel & Völkers
Source Property ID
AM-5094731
Listing Agent: Nicole Perez
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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