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$ 469,000
Est. payment /mo
Active
Casco Viejo
1,980 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Lot Size 1,980 Sqft
Property Description
Casa Gloria – Unique Opportunity in Panama's Historic District
Located on the wide and well-known Calle 13 in Casco Viejo, Casa Gloria offers a rare investment opportunity in one of Panama City's most iconic and fastest-growing areas. The property sits in a key location where the upcoming Puerta Sur infrastructure project will create a new access route into the historic quarter, bringing a significant increase in tourist and pedestrian flow.
With a 184 m² lot and the potential to build up to 720 m², this property is perfectly suited for mixed-use development, including residential, commercial, or hospitality purposes. Zoned as RMH2 (Medium-Density Residential) and designated as a Category 3 Historic Heritage Site, Casa Gloria offers both flexibility and legal protection, ensuring the preservation of its cultural value while allowing vertical expansion.
The area is rapidly becoming a hotbed for boutique hotels, art galleries, fine dining, short-term rentals, and upscale residences, driven by high demand from both investors and international visitors.
Casa Gloria is more than just a lot—it's a gateway to the future of Casco Viejo. With its strategic location, architectural potential, and proximity to major urban transformations, this property stands out as a smart and forward-thinking investment with strong potential for appreciation in the medium to long term.
Located on the wide and well-known Calle 13 in Casco Viejo, Casa Gloria offers a rare investment opportunity in one of Panama City's most iconic and fastest-growing areas. The property sits in a key location where the upcoming Puerta Sur infrastructure project will create a new access route into the historic quarter, bringing a significant increase in tourist and pedestrian flow.
With a 184 m² lot and the potential to build up to 720 m², this property is perfectly suited for mixed-use development, including residential, commercial, or hospitality purposes. Zoned as RMH2 (Medium-Density Residential) and designated as a Category 3 Historic Heritage Site, Casa Gloria offers both flexibility and legal protection, ensuring the preservation of its cultural value while allowing vertical expansion.
The area is rapidly becoming a hotbed for boutique hotels, art galleries, fine dining, short-term rentals, and upscale residences, driven by high demand from both investors and international visitors.
Casa Gloria is more than just a lot—it's a gateway to the future of Casco Viejo. With its strategic location, architectural potential, and proximity to major urban transformations, this property stands out as a smart and forward-thinking investment with strong potential for appreciation in the medium to long term.
Listed by Maria Arosemena • Engel & Völkers Panama City