Modern bathroom with round mirror and vessel sink in Casco Viejo investment property Panama

Bathroom: Stylish bathroom featuring a vessel sink, marble countertop and elegant lighting.

Restored colonial facade with wrought-iron balconies Casco Viejo heritage area Panama

Exterior: Historic colonial facade featuring wraparound balconies and charming architectural details.

Interior gallery with exposed beams and artistic decor in Casco Viejo

Living/Gallery: Open gallery or mixed-use space featuring high ceilings, exposed wood, and art walls.

Bright bedroom with colonial balcony in Casco Viejo rental building Panama

Bedroom: Spacious bedroom featuring balcony access, natural light, and minimalist decor.

Building for Sale

Investment Colonial Building for Sale Casco Viejo Panama

Casco Viejo Old Quarter, San Felipe, Panama City

USD1,200,000

4 Bedrooms 4 Bathrooms 420.0 m² Area

About this Building

Exceptional investment opportunity in iconic Casco Viejo! This fully remodeled historic colonial building in San Felipe offers approx. 420 m² currently operating as Airbnb units with 4 spacious bedrooms and 4 modern bathrooms. Renovated to combine heritage charm and contemporary comfort, it ensures memorable guest experiences. Located in Panama City’s bustling old town near plazas, restaurants and nightlife, guaranteeing high tourist demand and steady rental income. Security 24/7. Potential to further develop or convert rooftop terrace. Ideal for investors seeking growth through Panama’s thriving tourism market. Price $1,200,000. Don’t miss out on this rare historic income-producing asset! Contact Casa Nova Realty Panama and Maria Lopez today.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 5hXGHsR.

Key Features

Fully renovated in 2023
Configured with 4 Airbnb rental units
Open-plan modern kitchens
Elegant colonial balconies
High ceilings and exposed beams
Restored historic facade
Luxury bathrooms with designer finishes
Prime heritage location within UNESCO district
Strong potential ROI with tourism growth
24-hour security system

Detailed Features

Kitchen

FinishModern fixtures with wood and stainless accents

RemodeledYes

Appliances

oven
fridge
cooktop
microwave

Bedrooms

Bedroom 1

balcony access
air conditioning
decorative accent wall
natural light

Bedroom 2

balcony access
air conditioning
modern lighting
artwork

Bedroom 3

high ceilings
wood flooring
designer lighting

Bedroom 4

decorative accents
ample space
private bathroom access

Bathrooms

Bathroom 1

walk-in shower
vessel sink
modern fixtures

Bathroom 2

bathtub
walk-in shower
designer tiles

Bathroom 3

walk-in shower
stone counters
large mirror

Bathroom 4

walk-in shower
artistic tile work

Laundry

in-unit laundry capability
storage area

Outdoor

TerraceColonial style balconies overlooking vibrant Casco streets

Property Details

TypeBuilding

CategoryCommercial / Residential mixed-use

Size420 m²

Lot Size120 m²

Bedrooms4

Bathrooms4

FurnishedYes

Pets AllowedNo

Price/m²USD2,857.14 / m²

Listing ID5hXGHsR

Casco Viejo San Felipe Heritage District Building Amenities

Private Balconies

Overlooking Casco streets and plazas

Restored Colonial Facade

Beautiful preserved architecture blending historic and modern

Rooftop potential

Future opportunity for terrace views

Secure entry

Controlled access and camera system

Multiple rental units

Configured for Airbnb short term lettings

Location & Nearby

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Neighborhood Highlights

UNESCO World Heritage Site neighborhood
Steps to prime tourist attractions and nightlife
Vibrant cultural and culinary destination
Colonial plazas with live music & markets
High demand short-term rental zone

Nearby Landmarks

Plaza Herrera (100m)
Plaza Catedral (250m)
Museo del Canal (300m)
Teatro Nacional (200m)
American Trade Hotel (150m)

*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: 5hXGHsR. Last updated: 2025-11-07T23:59:00Z*