Full Building for Sale in Casco Viejo

Sale · Apartment · Casco Viejo, San Felipe, Panamá, Panama — $1,800,000

A full building for sale in Casco Viejo, in the San Felipe district, offering 600 m² of construction and more than 10 bathrooms across its levels. At $1,800,000 for the entire property, it opens the door to a multi-unit rental project, a hospitality concept or a mixed-use scheme in one of the most walkable parts of the city's historic quarter.

Description

Full building for sale in Casco Viejo. An ideal investment property set on a pedestrian street, perfect for developing a boutique hotel, restaurant or café, with the option of outdoor seating. This property offers: 600 mt2 6 commercial units 12 apartments 18 bathrooms Corner location High commercial and tourism development potential In addition, you will enjoy: Excellent location Just steps from the Cinta Costera Free parking nearby High security due to its proximity to the Presidency (SPI presence) High pedestrian traffic area Outstanding tourist appeal Historic Heritage building A unique opportunity: priced below appraisal value. For more information or to arrange a viewing, please do not hesitate to contact us; we will assist you as soon as possible.

Gallery

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Frequently asked questions

What exactly is being sold, and how is the interior laid out?

The transaction covers the complete building, listed at 600 m² in total with more than 10 bathrooms. The record does not specify defined bedrooms, so the internal distribution is best reviewed with plans in hand before projecting a unit count. DG Group can provide the available floor plans along with the breakdown of levels and areas on request.

What kind of buyer does a property like this suit in Casco Viejo?

It suits someone looking for a whole asset rather than a single apartment: investors who want to operate several rental units, a hospitality project, or a mixed scheme with commercial space at street level and residential above. As sole owner of the building, you control the façade, the common areas and the use of each floor without depending on a condominium board. It also works for a buyer who wants to live on one level and rent out the rest.

What should I verify before buying in the historic quarter, and what about parking?

Casco Viejo is a protected historic area, so any work on the façade, the structure or a change of use goes through specific approvals, and that is the first point to confirm depending on what you intend to do with the building. The listing records no parking spaces, which is common in this sector, so it is worth evaluating nearby parking alternatives if your project requires them. Closing costs, permit fees and maintenance expenses are not included in the published price and we detail them on request.

Can a foreigner buy property in Panama?

Yes. Panamanian law grants foreigners the same ownership rights as nationals, with no residency requirement and no local partner. Specific restrictions apply to land near the borders. We guide you through every step of the process.

What costs should I expect beyond the price?

In addition to the purchase price, you should budget for transfer tax, notary fees, registration with the Public Registry, and legal fees. We provide the exact breakdown for this property before you sign the purchase promise.

Your advisor

DG Group Real Estate — licensed brokers in Panama City. We guide you from the first viewing through to registration with the Public Registry. +507 6528-6434

See more properties in Casco Viejo, San Felipe, Panamá, Panama

Versión en español

https://www.panamarealestate.org/property/sale-of-building-completo-in-casco-viejo-dg-7de1