Sale of 453m2 land in Casco Viejo (JAG)
Category
Land and farms
Published
13/04/2026
Location
Casco Viejo, San Felipe
Price
$700,000
Price/M² of land
$1,543
Title
Titled Property
Benefits
Near School
Near Transit
Plane
Water system
Electrïcity
Easy Acces
Property
One of the rarest and most sought-after investment opportunities in Casco Antiguo, Panama City!
This 453.39 m² lot is for sale in the heart of Panama City's Casco Antiguo—the historic district declared a UNESCO World Heritage Site and one of the most sought-after and rapidly appreciating areas in all of Latin America.
PROPERTY FEATURES
• 453.39 m² of available land
• Prime location within the Old Town (San Felipe)
• UNESCO World Heritage Site — protection and guaranteed appreciation
• Cleared lot, ready for development with no existing structures to demolish
• Access via paved road with frontage
• Adjacent buildings with mixed residential and commercial use
POTENTIAL USES
The zoning of the Old Town allows for the development of mixed-use buildings, both residential and commercial, making this land ideal for:
• Residential building with premium apartments
• Restaurant development
• Mixed-use project (commercial + residential)
• Plaza or cultural space of high tourist value
CONTEXT AND SURROUNDINGS
The Old Town is currently the cultural, gastronomic, and tourist epicenter of Panama City. Just steps from this property you'll find:
• World-class restaurants and bars
• Historic plazas and colonial monuments
• Views of the Pacific Bay and the city skyline
• Galleries, boutique hotels, and vibrant nightlife
• Direct access to Avenida de los Mártires and the Corredor Sur (Southern Corridor)
WHY INVEST HERE?
• A virtually nonexistent supply of undeveloped land in the Old Town
• Sustained appreciation year after year due to tourism and real estate demand
• High-yield area — rental returns among the highest in the country
• International investment destination — attracting buyers from Europe, the U.S., and Latin America
• UNESCO protected status guaranteeing exclusivity and global recognition
SALE PRICE: $700,000
Contact us today for more information and to schedule a visit. A unique and unrepeatable opportunity!
PJ-1010-14
This 453.39 m² lot is for sale in the heart of Panama City's Casco Antiguo—the historic district declared a UNESCO World Heritage Site and one of the most sought-after and rapidly appreciating areas in all of Latin America.
PROPERTY FEATURES
• 453.39 m² of available land
• Prime location within the Old Town (San Felipe)
• UNESCO World Heritage Site — protection and guaranteed appreciation
• Cleared lot, ready for development with no existing structures to demolish
• Access via paved road with frontage
• Adjacent buildings with mixed residential and commercial use
POTENTIAL USES
The zoning of the Old Town allows for the development of mixed-use buildings, both residential and commercial, making this land ideal for:
• Residential building with premium apartments
• Restaurant development
• Mixed-use project (commercial + residential)
• Plaza or cultural space of high tourist value
CONTEXT AND SURROUNDINGS
The Old Town is currently the cultural, gastronomic, and tourist epicenter of Panama City. Just steps from this property you'll find:
• World-class restaurants and bars
• Historic plazas and colonial monuments
• Views of the Pacific Bay and the city skyline
• Galleries, boutique hotels, and vibrant nightlife
• Direct access to Avenida de los Mártires and the Corredor Sur (Southern Corridor)
WHY INVEST HERE?
• A virtually nonexistent supply of undeveloped land in the Old Town
• Sustained appreciation year after year due to tourism and real estate demand
• High-yield area — rental returns among the highest in the country
• International investment destination — attracting buyers from Europe, the U.S., and Latin America
• UNESCO protected status guaranteeing exclusivity and global recognition
SALE PRICE: $700,000
Contact us today for more information and to schedule a visit. A unique and unrepeatable opportunity!
PJ-1010-14
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