Casa Carolina: a building for restoration in Panama City Santa Ana
A Calle 14 restoration opportunity with room to reimagine
Santa Ana, Panamá
Active
$389,000
USD$1,319 / m²
- 295 m²Built area
Overview
Casa Carolina brings a substantial restoration opportunity to Calle 14 in Panama City. This 295 m² building, dating to 1960, is offered at $389,000 for buyers looking to take on a property with a distinct place in an evolving urban setting. The building is presented for restoration, giving a future owner the opportunity to plan a new chapter for the property. Its stated construction area is 295 m². Bedroom and bathroom counts, land area, parking, interior layout and existing finishes are not specified, so the opportunity is best approached with a site visit and due diligence tailored to the intended project. Calle 14 is described as an artery with strong investment prospects. The surrounding area is seeing private investment and municipal involvement, with hotels, restaurants and new commercial and residential projects contributing to neighborhood renewal. The expansion of Casco Antiguo and the Puerta Sur entrance are also identified as part of the area's tourism momentum. Explore Casa Carolina and assess how its location and restoration potential could fit your plans.
In Short
Casa Carolina is a building for restoration with 295 m² of construction area, a stated year built of 1960 and an asking price of $389,000. The monthly maintenance fee is listed as $0. The property is on Calle 14 in Panama City.
Before You Decide
- The property is marketed for restoration; buyers should assess the building's condition, project scope and applicable permits.
- The stated 295 m² is construction area; land area is not established.
- The title and description identify Santa Ana, while structured location data identifies San Felipe; confirm the precise neighborhood.
- No room counts, parking details, permitted use or rental-income figures are established.
Highlights
- Casa Carolina, a building offered for restoration
- 295 m² of construction area
- Stated year built: 1960
- Asking price: $389,000
- Located on Calle 14 in Panama City
- Monthly maintenance fee listed as $0
- Area described with new hotels, restaurants and residential and commercial projects
- Casco Antiguo expansion and the Puerta Sur entrance feature in the area's tourism outlook
At a Glance
- Status
- Available
- Asking price
- $389,000
- Price per m² of construction
- $1,318.64
- Construction area
- 295 m²
- Year built
- 1960
- Condition
- For restoration
- Property type
- Building
- Building
- Casa Carolina
- Street
- Calle 14
- City
- Panama City
- Monthly maintenance fee
- $0
- Listing ID
- CNV-PROP-012697
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- New or resale
- Resale
- Listed
- 15 July 2026
- Last updated
- 4 October 2026
Best suited to investor yield.
Gallery
5 photographs of this residence.
Explore Building
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Total
- 295 m² · 3,175 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $389,000
- Price per m²
- $1,319 / m²
- Cash to close (est.)
- $116,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $116,700
- Loan amount
- $272,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,677
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
HOA$0
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
- HOA
- $0
How It Compares
- Asking price: $389,000.
- Construction area: 295 m²; derived asking price per construction m²: $1,318.64.
- Year built: 1960; condition described as requiring restoration.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,319 / m²
Santa Ana average$5,485 / m²
Panama average$4,306 / m²
Asking 76% below the Santa Ana average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Casa Carolina is a 295 m² building for restoration offered at $389,000. Its Calle 14 location and the area's described investment and renewal activity are central to its redevelopment appeal; no rental or return figures are available.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
The building is marketed as a restoration opportunity.
Price History
- Listed · July 2026$389,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Santa Ana
Santa Ana, Panamá
Santa Ana on Casanova today
- Active sale listings
- 92
- Active rentals
- 0
- Median asking price per m²
- $2,092
Getting Around
Santa Ana, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for Casa Carolina?
Casa Carolina is offered for $389,000.
How much construction area does Casa Carolina have?
Casa Carolina has 295 m² of construction area.
What is Casa Carolina's year built?
The stated year built for Casa Carolina is 1960.
What is the monthly maintenance fee?
The monthly maintenance fee is listed as $0.
What is the stated year built?
The stated year built for Casa Carolina is 1960.
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Interested in Casa Carolina: a building for restoration in Panama City?
Speak to our team — viewings in person or by video, usually within 48 hours.