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$ 469,000
Est. payment /mo
Active
Casco Viejo
2,551 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Lot Size 2,551 Sqft
Property Description
Casa Lorena – High-Potential Lot in the Heart of Casco Viejo
Located on the iconic Avenida A in Casco Viejo, Casa Lorena offers an exceptional investment opportunity in one of Panama City's most historic and sought-after districts. With a 237 m² lot and the potential to develop up to 700 m², this property is an ideal canvas for a residential, commercial, or mixed-use project.
The lot benefits from RMH2-C2 zoning (Medium-Density Residential with Central Urban Commercial Use) and holds a Category 3 Historic Heritage designation, allowing for vertical construction while respecting the architectural heritage and character of this UNESCO World Heritage Site.
Avenida A is one of Casco Viejo's main thoroughfares, known for its steady flow of residents, tourists, and visitors. This prime location ensures high visibility and accessibility—perfect for boutique developments. The surrounding area is vibrant and culturally rich, filled with art galleries, cafés, restaurants, restored colonial buildings, and a growing community of creatives and entrepreneurs.
Casa Lorena stands out as a strategic property for developers and investors seeking to contribute to—and benefit from—the continuing transformation of Casco Viejo. Whether envisioned as a boutique hotel, luxury residences, an art space, or a flagship commercial concept, the development possibilities are both diverse and promising.
Investing in Casa Lorena means participating in the evolution of one of Panama's most treasured urban neighborhoods—where history and modern living coexist in perfect balance.
Located on the iconic Avenida A in Casco Viejo, Casa Lorena offers an exceptional investment opportunity in one of Panama City's most historic and sought-after districts. With a 237 m² lot and the potential to develop up to 700 m², this property is an ideal canvas for a residential, commercial, or mixed-use project.
The lot benefits from RMH2-C2 zoning (Medium-Density Residential with Central Urban Commercial Use) and holds a Category 3 Historic Heritage designation, allowing for vertical construction while respecting the architectural heritage and character of this UNESCO World Heritage Site.
Avenida A is one of Casco Viejo's main thoroughfares, known for its steady flow of residents, tourists, and visitors. This prime location ensures high visibility and accessibility—perfect for boutique developments. The surrounding area is vibrant and culturally rich, filled with art galleries, cafés, restaurants, restored colonial buildings, and a growing community of creatives and entrepreneurs.
Casa Lorena stands out as a strategic property for developers and investors seeking to contribute to—and benefit from—the continuing transformation of Casco Viejo. Whether envisioned as a boutique hotel, luxury residences, an art space, or a flagship commercial concept, the development possibilities are both diverse and promising.
Investing in Casa Lorena means participating in the evolution of one of Panama's most treasured urban neighborhoods—where history and modern living coexist in perfect balance.
Listed by Maria Arosemena • Engel & Völkers Panama City