Iconic 48-arch colonial building Hotel Los Arcos with balconies in Casco Viejo Panama

Exterior façade: Historic colonial building with arches ideal for boutique hotel development.

Closeup balcony and archway colonial design Hotel Los Arcos Casco Viejo Panama

Exterior detail: Ornate colonial balcony design on historic Hotel Los Arcos.

Aerial of historic Casco Viejo with coast, rooftops, Panama Bay skyline

Aerial view: Aerial view showing vibrant Casco Viejo and Panama City skyline.

Boutique Hotel Development for Sale

Boutique Hotel Project for Sale Casco Viejo Panama

Casco Viejo, San Felipe, Panama City

USD3,900,000

30 Bedrooms 30 Bathrooms 1876.0 m² Area

About this Boutique Hotel Development

Unique investment opportunity in the UNESCO-listed Casco Viejo district of Panama City. Hotel Los Arcos features historic colonial architecture with iconic 48-arch facade on a 365 m² lot. Approved architectural plans allow 1,876 m² construction across multiple levels with potential for luxury boutique hotel, rooftop terrace restaurant/bar, retail, and commercial units. Situated in the vibrant San Felipe neighborhood amid cafes, restaurants, nightlife, and museums, guests will enjoy stunning ocean, canal, and plaza views from balconies and rooftop. Current ground-floor retail spaces generate income, with upper floors ready for redevelopment. Perfect for investors seeking a heritage landmark with strong tourism appeal and rental upside. Offered at $3,900,000 USD. Contact Casa Nova Realty Panama and Maria Lopez for details and site tour.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 3mWLOBx.

Key Features

Historic colonial facade with 48 arches
Approved plans for boutique hotel conversion
Rooftop terrace with panoramic views
Mixed-use retail and hotel option
Income-producing ground floor retail spaces
Walking distance to all Casco landmarks and Cinta Costera
Significant heritage investment opportunity

Detailed Features

Property Details

TypeBoutique Hotel Development

CategoryCommercial Investment

Size1876 m²

Lot Size365 m²

Bedrooms30

Bathrooms30

FurnishedNo

Pets AllowedNo

Price/m²USD2,078.89 / m²

Listing ID3mWLOBx

Hotel Los Arcos Casco Viejo Amenities

Ocean View Balconies

Views over Panama Bay, Pacific entrance and Plaza de Francia

Rooftop Development Potential

Approved plans include rooftop restaurant and terrace

Retail Storefronts on Ground Floor

Commercial units currently leased with income

Proximity to Landmarks

Steps from plazas, museums, churches and sea wall

Triple AAA Historic Location

Exclusive address with high tourist foot traffic

24/7 Security Presence in Neighborhood

Patrolled by tourism police

Location & Nearby

Loading Map...

Neighborhood Highlights

UNESCO World Heritage Site
Pedestrian-friendly cobblestone streets
Historic plazas and monuments
Lively dining, bars, and nightlife scene
Cultural and arts hotspots
Quick access to Cinta Costera and Amador Causeway
Popular tourist and investment destination

Nearby Landmarks

Plaza de Francia (100m)
Paseo Las Bóvedas (150m)
Museo del Canal Interoceánico (300m)
National Theatre (350m)
Metropolitan Cathedral (400m)
Cinta Costera (250m)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 3mWLOBx. Last updated: 2025-11-07T23:59:00Z*