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$ 217,000
Est. payment /mo
Active
Casco Viejo
1 Bed
1,334 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,334 sqft
Price per Sqft $162
Bedrooms 1
Lot Size 624 Sqft
Property Description
Located on the iconic Avenida A in the heart of Panama's historic district, Casa Garibaldi is a compact yet strategically positioned property with high investment potential. Casco Viejo, a UNESCO World Heritage Site, continues to attract international attention thanks to its vibrant culture, growing tourism, and rising property values. Casa Garibaldi offers an exceptional opportunity for those seeking to develop a project that blends history, style, and strong ROI in Panama's most visited neighborhood.
The property falls under RMH1-C1 zoning, which allows for medium-density residential development combined with commercial use on the ground floor. This is ideal for investors looking to create a boutique hotel, short-term rental units, lofts, or a mixed-use project with retail, cafés, or coworking spaces. The flexibility of this zoning type ensures that your investment aligns with the dynamic, evolving
nature of Casco Viejo.
Just steps away from lively plazas, art galleries, rooftop bars, designer shops, and fine dining, Casa Garibaldi sits in one of the most walkable, high-demand locations in Panama City. Whether your vision includes luxury apartments, a coffee shop, or a cultural hub, this site provides the perfect canvas to bring it to life.
What makes Casa Garibaldi even more attractive is the daily foot traffic of tourists, digital nomads, and locals exploring the colonial charm of Casco. With limited inventory in the area and continuous infrastructure improvements, properties like this are becoming increasingly rare.
If you're looking to invest in Panama's most iconic neighborhood, Casa Garibaldi represents a rare mix of historical charm, commercial viability, and long-term value. Take advantage of this strategic location to develop in style and secure your stake in Casco Viejo's future.
The property falls under RMH1-C1 zoning, which allows for medium-density residential development combined with commercial use on the ground floor. This is ideal for investors looking to create a boutique hotel, short-term rental units, lofts, or a mixed-use project with retail, cafés, or coworking spaces. The flexibility of this zoning type ensures that your investment aligns with the dynamic, evolving
nature of Casco Viejo.
Just steps away from lively plazas, art galleries, rooftop bars, designer shops, and fine dining, Casa Garibaldi sits in one of the most walkable, high-demand locations in Panama City. Whether your vision includes luxury apartments, a coffee shop, or a cultural hub, this site provides the perfect canvas to bring it to life.
What makes Casa Garibaldi even more attractive is the daily foot traffic of tourists, digital nomads, and locals exploring the colonial charm of Casco. With limited inventory in the area and continuous infrastructure improvements, properties like this are becoming increasingly rare.
If you're looking to invest in Panama's most iconic neighborhood, Casa Garibaldi represents a rare mix of historical charm, commercial viability, and long-term value. Take advantage of this strategic location to develop in style and secure your stake in Casco Viejo's future.
Listed by Maria Arosemena • Engel & Völkers Panama City