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Two-story multi-family investment house with tropical garden and balcony in El Carmen Obarrio Panama for sale
Exterior Front: Front facade showing balcony and lush garden with secure fencing.
Large covered balcony with awning overlooking tropical garden in El Carmen, perfect for gatherings
Balcony: Covered upper balcony suitable for events, overlooks lush yard.
Bright living-dining area with orange accent wall, fan, open living space in El Carmen house
Living/dining: Open concept living dining area perfect for large families or tenants.
Spacious traditional kitchen with large windows, dual sink, cabinetry in El Carmen Panama home
Kitchen: Functional kitchen ready for updates, large bright windows.
House for Sale

Investment House for Sale 13BR El Carmen Obarrio Panama City

El Carmen / Obarrio, Bella Vista, Panama City

USD740,000
13 6 550.0 m² 4

About this House

Opportunity for investors in El Carmen, one of Panama City's last centrally located neighborhood communities with single homes. This spacious detached property features 13 bedrooms (7 built with gypsum for flexible room use), 6 bathrooms, large living areas, separate dining, big traditional kitchen, laundry, and covered terraces. Situated on approximately 1025 m² lot, building around 550 m². Multiple separate entrances allow easy division for rentals or multi-family. Includes mature tropical garden, ample covered parking for 4 cars, and large balconies. Located minutes from downtown business centers in Obarrio and Via España, banks, metro, shopping, schools and hospitals. Ideal project for income apartments, hostel, family mansion or conversion. Under appraisal value at only $740,000. Don't miss an excellent centrally located investment with huge potential. Managed by Casa Nova Realty Panama agent Maria Lopez.

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

Key Features

  • 13 rooms with flexible partitions
  • 6 bathrooms with separate showers
  • Large family kitchen with ample cabinetry
  • Multiple covered balconies and terraces
  • Spacious private tropical garden
  • Four secure parking spaces within gated fence
  • Natural lighting and cross-ventilation throughout
  • Separate maid’s quarters and laundry area
  • Ideal for redevelopment, multi-family, or investment rental

Detailed Features

Kitchen

Finishwhite tile counters, traditional cabinetry, dual sink
RemodeledNo

Appliances

  • gas stove
  • microwave
  • refrigerator

Bedrooms

Bedroom 1

  • window with security bars
  • tiled floor

Bedroom 2

  • window with curtain
  • tiled floor

Bedroom 3

  • gypsum partition walls
  • ceiling fan

Bathrooms

Bathroom 1

  • walk-in shower
  • pedestal sink
  • tiling

Bathroom 2

  • walk-in shower
  • pedestal sink
  • tiling

Bathroom 3

  • walk-in shower
  • pedestal sink
  • tiling

Bathroom 4

  • walk-in shower
  • pedestal sink
  • tiling

Laundry

  • indoor laundry hookups
  • utility sink
  • storage area

Outdoor

TerraceCovered terraces on first and second floor ideal for social events and family gatherings
GardenYes

Property Details

TypeHouse
CategoryInvestment / Commercial Residential
Size550 m²
Lot Size1025 m²
Bedrooms13
Bathrooms6
Parking4
FurnishedNo
Pets AllowedNo
Price/m²USD1,345.45 / m²
Listing IDdLJcRit

El Carmen Residences Amenities

Large garden

Spacious tropical garden area with lush greenery and mature trees

Multiple terraces

Covered balconies perfect for relaxing or outdoor dining

Gated entry

Fenced perimeter ensuring privacy and security

Ample parking

Parking space for up to 4 vehicles inside the property

Outdoor patio

Covered patio ideal for gatherings and events

Multiple independent entrances

Flexible divisions suitable for rental or multi-family use

Location & Nearby

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Neighborhood Highlights

  • Central location near Obarrio and El Cangrejo
  • Walking distance to Via España and Metro stations
  • Surrounded by restaurants, banks, hospitals, schools
  • Family-friendly secure area with parks nearby
  • Close proximity to financial district and shopping malls

Nearby Landmarks

  • Iglesia del Carmen Church (300m)
  • Via España Commercial Zone (150m)
  • Obarrio Financial District (500m)
  • Hospital Nacional (1 km)
  • El Carmen Metro Station (400m)
  • Multiplaza Mall (2.5 km)
*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: dLJcRit. Last updated: 2025-11-07T23:59:00Z*
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