Casa de los Arcos: a historic redevelopment opportunity Casco Viejo
A landmark Casco Viejo property with a 48-arch facade
Casco Viejo, Panamá
Active
$3,379,000
USD$1,801 / m²
- 1,876 m²Built area
- 365 m²Land
Overview
Casa de los Arcos brings a distinctive piece of Casco Viejo’s architectural character to the market: a three-property project with a striking facade defined by 48 arches. Set at Avenida A and Calle 2, directly across from the new Sofitel, this historic property offers a rare opportunity to shape a landmark destination in the heart of San Felipe. The 365 m² lot has approved plans for 1,876 m² of construction. The plans include space for a restaurant, a store, a rooftop and a commercial plaza. The property is zoned RMH1-C2 and falls within preservation categories 3 and 4. No bedroom, bathroom or parking configuration is specified. The site’s balconies are described with views toward the Panama Canal, Panama Bay and the ocean, as well as Plaza de Francia. The property sits on a quiet, renewed street, close to Paseo Esteban Huertas, landmark plazas and Casco Viejo’s principal visitor attractions. Plans point to several possible concepts, including a boutique hotel, apartments with Airbnb-style accommodation, or a shopping center. Bring your vision to Casa de los Arcos and explore the possibilities for this exceptional historic address.
In Short
Casa de los Arcos is a historic Casco Viejo redevelopment opportunity with a 48-arch facade, a 365 m² lot and approved plans for 1,876 m² of construction. The plans include a restaurant, store, rooftop and commercial plaza.
Before You Decide
- The asking price is $3,379,000 for a 365 m² lot with approved plans for 1,876 m² of construction.
- The property consists of three properties and has a facade with 48 arches.
- The stated zoning is RMH1-C2, with preservation categories 3 and 4.
- Confirm approved uses, preservation requirements, existing building condition and title details during due diligence.
Highlights
- Three-property project in historic Casco Viejo
- Distinctive facade with 48 arches
- 365 m² lot
- Approved plans for 1,876 m² of construction
- Planned restaurant, store, rooftop and commercial plaza
- Zoning RMH1-C2; preservation categories 3 and 4
- At Avenida A and Calle 2, directly across from the new Sofitel
- Near Paseo Esteban Huertas, Plaza de Francia and Casco Viejo attractions
At a Glance
- Status
- Available
- Asking price
- $3,379,000
- Price per approved construction m²
- $1,801.17/m²
- Approved construction area
- 1,876 m²
- Lot area
- 365 m²
- Property type
- Historic building / redevelopment project
- Building
- Casa de los Arcos
- Neighborhood
- Casco Viejo
- City
- Panama City
- Listing ID
- CNV-PROP-044385
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
6 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
- 1,876 m² · 20,193 ft²
Systems & Comfort
- Views
- Ocean
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $3,379,000
- Price per m²
- $1,801 / m²
- Cash to close (est.)
- $1,013,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,013,700
- Loan amount
- $2,365,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$14,564
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
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The asking price equates to approximately $1,801.17 per m² of the stated 1,876 m² approved construction area.
- The site is at Avenida A and Calle 2, directly across from the new Sofitel, near Paseo Esteban Huertas and Plaza de Francia.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,801 / m²
Casco Viejo average$4,075 / m²
Panama average$4,306 / m²
Asking 56% below the Casco Viejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Casa de los Arcos is offered at $3,379,000, with approved plans for 1,876 m² of construction on a 365 m² lot. The asking price equates to approximately $1,801.17 per approved construction m².
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- Gross yield
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- Net yield (est.)
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- 5-yr area growth
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- Days on market
Price History
- Listed · October 2026$3,379,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Casco Viejo
San Felipe, Panamá
Casa de los Arcos
Casco Viejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCasco Viejo on Casanova today
- Active sale listings
- 98
- Active rentals
- 0
- Median asking price per m²
- $4,084
Getting Around
San Felipe, 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 de los Arcos?
Casa de los Arcos is offered for sale at $3,379,000.
How large is the lot and the approved construction area?
The lot measures 365 m², and approved plans provide for 1,876 m² of construction.
Where is Casa de los Arcos located?
Casa de los Arcos is at Avenida A and Calle 2 in San Felipe, Casco Viejo, Panama City.
What uses are included in the approved project plans?
The planned spaces include a restaurant, a store, a rooftop and a commercial plaza.
What project spaces are planned?
The project plans include a restaurant, a store, a rooftop and a commercial plaza.
What is the zoning and preservation classification?
Casa de los Arcos is zoned RMH1-C2 and is identified within preservation categories 3 and 4.
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Interested in Casa de los Arcos: a historic redevelopment opportunity?
Speak to our team — viewings in person or by video, usually within 48 hours.