Building for Sale in Casco Antiguo, Panama City

Features

Description

Located in the heart of Casco Antiguo in Panama City, this exclusive mixed-use building combines the historic value of one of the country's most iconic destinations with a contemporary residential concept geared toward high-level investment. Its privileged location offers access to historic plazas, restaurants, boutique hotels, museums, art galleries, and a vibrant culinary and cultural scene, in a setting declared a UNESCO World Heritage Site. The project consists of 10 luxury apartments distributed across four residential levels, with models ranging from 80 m² to 142 m², with one and two bedrooms, several of them with a private balcony or terrace. It also includes a spacious 157.94 m² commercial area distributed across the basement, ground floor, and mezzanine, offering an ideal combination of residential and commercial use. In total, the building has 1,593 m² of construction, of which 935 m² is residential area, 157 m² is commercial area, and 501 m² is common areas. The residences are delivered fully furnished and stand out for their high-quality finishes, contemporary design, and a concept inspired by boutique hotels. The building incorporates services designed to maximize the experience of owners, guests, and investors, making it an excellent option for generating income through short-term rentals. Thanks to its mixed-use zoning and the current tax incentives for properties located in Casco Antiguo, this investment offers significant benefits, including up to 10 years of income tax exemption and 30 years of property tax exemption, in accordance with applicable legislation. Its architecture respects the historic character of the surroundings while incorporating modern, functional, and elegant spaces, creating a unique opportunity for investors seeking a real estate asset with high appreciation potential, an excellent location, and steady demand driven by tourism and the growth of the Casco Antiguo residential market.

Amenities