Restored colonial entry with tile floors, staircase and blue walls in Casco Viejo Panama City

Entryway: Elegant entryway with checkerboard tile and ornamental staircase

Rustic industrial kitchen with center island and checkered floor in Casco Viejo

Kitchen: Spacious kitchen area ideal for tenants or guests, featuring island and vintage details

Colonial hallway with checkered floors, dining area and vintage decor Casco Viejo Panama

Dining room: Bright dining space with historic design elements ideal for boutique hotel guests

Eclectic artistic space with wood ceilings and paintings in Casco Antiguo Panama

Event Hall: Large versatile salon or gallery ideal for events or shared space

Building for Sale

Investment Colonial Building Casco Viejo Panama Airbnb-Event

Casco Viejo, San Felipe, Panama City

USD1,200,000

4 Bedrooms 4 Bathrooms 420.0 m² Area

About this Building

Exceptional colonial building for sale in historic Casco Viejo, San Felipe—an unparalleled investment opportunity! This beautifully remodeled 420 m² property currently generates income through Airbnb rentals and hosts events like weddings and celebrations in its spacious salons. Featuring 4 elegant rooms with private baths, balconies with street views, and a flexible layout ideal for boutique hotel, apartments, or mixed commercial use. Blending historic charm—wood beams, tile floors, arched doorways—with modern updates, guests enjoy a unique authentic experience. Located steps from Panama’s top landmarks, vibrant nightlife, museums, and waterfront promenade, this UNESCO-protected district attracts thousands of visitors year-round. Whether expanding a hospitality portfolio or seeking a trophy heritage asset, this property offers exceptional rental yields and capital appreciation. Contact Casa Nova Realty Panama and agent Maria Lopez today for a private tour.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2mu8VKz.

Key Features

Fully remodeled in 2023 blending charm with modern comforts
Currently Airbnb income producing
4 large bedrooms with ensuites
Multiple colonial balconies
Salon/event room for celebrations
Historic architecture preserved
High ceilings with exposed beams
Flexible mixed-use layout
Located in UNESCO World Heritage district
Walking distance to attractions and restaurants

Detailed Features

Kitchen

Finishindustrial style with island, stainless steel counters, open shelves

RemodeledYes

Appliances

gas stove
industrial range hood
refrigerator

Bedrooms

Bedroom 1

private bathroom
historic windows
natural light
textured accent walls

Bedroom 2

private bathroom
balcony access
modern lighting
art accents

Bedroom 3

exposed beams
private bath
airy layout
vintage tile flooring

Bedroom 4

balcony access
decorative walls
modern fixtures

Bathrooms

Bathroom 1

walk-in shower
vessel sinks
marble countertops

Bathroom 2

bathtub
backlit mirrors
designer fixtures

Bathroom 3

tiling
modern lighting

Bathroom 4

decorative accents
restored historic tiles

Laundry

utility sink
storage space
service area

Outdoor

TerraceMultiple colonial balconies with urban views, ideal for relaxation or café tables

Property Details

TypeBuilding

CategoryMixed-use historic investment property

Size420 m²

Bedrooms4

Bathrooms4

FurnishedNo

Pets AllowedNo

Price/m²USD2,857.14 / m²

Listing ID2mu8VKz

Colonial Building Casco Viejo Amenities

Event Hall

Salon space ideal for weddings, birthdays, corporate events

Balconies with street views

Colonial balconies overlooking Casco streets

Remodeled interiors

Updated rooms with historic charm preserved

Airbnb-ready units

Currently generating rental income

24/7 Security monitoring

Ensures safety for guests and owners

Multiple salons and lounge spaces

Flexible layout for mixed residential and commercial use

Location & Nearby

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Neighborhood Highlights

UNESCO heritage historic quarter
Surrounded by museums, churches, plazas
Steps from vibrant nightlife and dining
Walking distance to waterfront promenade
Touristic hotspot with high rental demand
Cultural events and art galleries nearby

Nearby Landmarks

Plaza Bolívar (100m)
National Theater of Panama (200m)
Metropolitan Cathedral (150m)
American Trade Hotel (50m)
Cinta Costera (300m)

*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: 2mu8VKz. Last updated: 2025-11-07T23:59:00Z*