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Casco Viejo, San Felipe
05/10/2026

Houses in Casco Viejo, San Felipe | Investment Opportunity in Casco Antiguo – Commercial Space + Apartment

$225,000 -8%
Price
$225,000
 (Reduced 8%)
Bedrooms
1
Bathrooms
1
M² of construction
100
Location

Casco Viejo, San Felipe

Published

10/05/2026

Price/m² of construction

$2,250

Stories

2

Details

Property located in Casco Antiguo, Panama City, within the UNESCO World Heritage district, featuring a solid concrete structure and mixed-use layout.

The property consists of two levels:

The ground floor includes a commercial space of approximately 50 m² with a full bathroom, suitable for a small business, office, or retail use.

On the second floor, there is a fully remodeled apartment of approximately 50 m², featuring a balcony, terrace, living and dining area, kitchen, and a full bathroom. The space is functional and ready for residential use or rental.

The property is strategically located just meters from the new main entrance to Casco Antiguo, on the same block as Plaza Santa Ana, surrounded by new developments and high-value investment projects.

The property is currently income-producing:

* Apartment rented for $650/month
* Commercial space rented for $400/month

This represents an excellent investment opportunity with immediate cash flow and strong appreciation potential in one of Panama City’s most historic and rapidly developing areas.
David orrego

Owner

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