Investment Property for Sale, Casco Antiguo

Property with 126 square meters of land.

Sale Price: $800,000.00

Investing in Casco Viejo, Panama offers a wide variety of investment opportunities due to its unique location. Located in Panama Bay and surrounded by the modern capital, this area presents significant growth and development potential. It is ready for investment with existing infrastructure, a large nearby population base, a diversified economy, and a strategic location for businesses. Additionally, Casco Viejo offers a stable legal framework for foreign investors and numerous historic properties that can be renovated for greater returns. Finally, the area is an attractive tourist destination, providing investors with the opportunity to achieve higher returns on their investment.

Property located within the Historic Monumental Complex of Casco Antiguo.

The property features fascinating historical facts, such as the fact that in Casco Antiguo, specifically in the Santa Ana District, the only colonial noble title in Panama was granted—the title of Count of Santa Ana, in the late eighteenth century. The area was the seat of one of the most important confraternities of Afro-Panamanians and boasts an innumerable variety of tourist destinations.