Take this opportunity to acquire a modern 1 to 2-bedroom apartment in Casco Viejo, Panama City’s UNESCO World Heritage-listed old town district. The apartment was recently completed in a listed building after extensive refurbishment and can be used flexibly. With its location directly on Plaza Santa Ana, this unique home offers an authentic living experience and combines the new with the old.
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Casco Viejo is a district steeped in history, characterized by its narrow streets and historic buildings. It is both a popular destination for tourists and a popular residential area. The possibility of Airbnb rentals is particularly exciting. This means you can not only use the property yourself, but also rent it out as a lucrative source of income. This modern property, like every other apartment in the project, has two spacious living levels that offer you plenty of space and flexibility, as well as a balcony.
The special feature of this apartment is its flexible use. You can add a bedroom to the apartment and thus design it as either a 1- or 2-bedroom apartment, depending on your individual needs.
You will also have access to the building’s own areas, such as a pool on the expansive roof terrace and the excellently equipped gym.
Are you interested in why investing in a property in this location is definitely worthwhile? We explain why buying in the historic old town pays off!
Facts & Figures
- 427,500 USD / 4,500 USD per sqm
- 95 sqm
- 1-2 bedrooms
- 1.5 bathrooms
- Flexible room layout
- Balcony
- Very suitable as an investment, as it is suitable for an AirBnB or for own use
- Exemption from property tax for 30 years
- No income tax on rental income for 10 years
As real estate experts in Panama, we have been working with buyers and expatriates for many years and are happy to assist you with the purchase of your dream property as well as its management. This modern 1 to 2-bedroom apartment in Casco Viejo is one of the last three units still available in the historic building. Please contact us if you are interested in this or any other property.
The real estate market in Panama is internationally one of the most interesting locations for real estate investments and we would like to be your trusted local partner and take care of your real estate in Panama in a sustainable way.
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