Casa Estudiantes: 14-Apartment Building in Casco Viejo Casco Viejo, San Felipe
A 14-apartment investment opportunity in historic San Felipe
Casco Viejo, San Felipe, Panamá
Active
$769,000
USD$513 / m²
- 1,500 m²Built area
- 377 m²Land
- 14Bed
- 10Bath
Overview
Casa Estudiantes brings together an established 14-apartment property and significant stated development potential in Casco Viejo. Positioned directly across from Instituto Nacional, the building sits in San Felipe, a distinctive historic quarter of Panama City. The property has 1,500 m² of construction area on a 377 m² lot. Its 14 apartments are stated to be fully occupied and to generate ongoing income, giving investors an existing residential operation to evaluate. The asking price is $769,000, or approximately $512.67 per m² of construction area. RM3-C2 zoning and historic-heritage categories 3 and 4 are central to the property's development profile. Stated potential reaches up to 1,876 m², creating a basis to explore residential or mixed-use plans, subject to confirming permitted scope and approvals. Review the existing operation and development parameters, then arrange a conversation about this Casco Viejo investment.
In Short
Casa Estudiantes is offered for sale at $769,000. The San Felipe property has 14 apartments, a 377 m² lot and 1,500 m² of construction area. It is located directly across from Instituto Nacional.
Before You Decide
- Confirm the permitted scope and approvals behind the stated development potential of up to 1,876 m².
- Review current occupancy, rent roll, income and operating expenses before estimating investment returns.
- Verify the building-wide bedroom and bathroom totals.
- Assess the RM3-C2 zoning and historic-heritage categories for the intended project.
Highlights
- 14 apartments in one investment property
- 377 m² lot in Casco Viejo, San Felipe
- 1,500 m² of construction area
- Stated development potential of up to 1,876 m²
- RM3-C2 zoning
- Historic-heritage categories 3 and 4
- Located directly across from Instituto Nacional
- Asking price: $769,000
At a Glance
- Status
- Active; available
- Asking price
- $769,000 USD
- Price per construction m²
- $512.67/m²
- Apartments
- 14
- Bedrooms (aggregate source field)
- 14
- Bathrooms (source values conflict)
- 10 recorded; another source field says more than 10
- Construction area
- 1,500 m²
- Land area
- 377 m²
- Stated development potential
- Up to 1,876 m²
- Property type
- Residential building
- Building
- Casa Estudiantes
- Neighborhood
- Casco Viejo, San Felipe
- City
- Panama City
- Zoning
- RM3-C2
- Listing ID
- CNV-PROP-044370
Key Facts
- Category
- Residential
- Unit type
- Building Entire
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
12 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
- Bedrooms
- 14
- Full baths
- 10
- Total
- 1,500 m² · 16,146 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $769,000
- Price per m²
- $513 / m²
- Cash to close (est.)
- $230,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $230,700
- Loan amount
- $538,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$3,314
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 building combines 14 apartments with 1,500 m² of stated construction area.
- Its 377 m² lot and stated development potential of up to 1,876 m² are relevant for comparing redevelopment opportunities.
- The asking price equates to approximately $512.67 per m² of construction area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$513 / m²
Casco Viejo, San Felipe average$2,939 / m²
Panama average$4,306 / m²
Asking 83% below the Casco Viejo, San Felipe average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Casa Estudiantes is a 14-apartment building with stated full occupancy, 1,500 m² of construction area and a 377 m² lot. Its RM3-C2 zoning, historic-heritage categories and stated development potential of up to 1,876 m² are key considerations for an investor assessing continued residential use or a mixed-use project.
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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
The property has a stated development potential of up to 1,876 m²; feasibility and approvals require verification.
Price History
- Listed · October 2026$769,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Casco Viejo, San Felipe
San Felipe, Panamá
Casa Estudiantes
Casco Viejo, San Felipe, Panamá
Positions are schematic, spaced by travel distance.
Get directionsGetting 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
How many apartments are in Casa Estudiantes?
Casa Estudiantes has 14 apartments.
What is the asking price?
The asking price is $769,000 USD.
What are the land and construction areas?
The lot measures 377 m² and the stated construction area is 1,500 m².
What zoning and development potential are stated?
The property is listed with RM3-C2 zoning and stated development potential of up to 1,876 m².
How many apartments does Casa Estudiantes have?
Casa Estudiantes has 14 apartments.
What zoning is stated for the property?
The stated zoning is RM3-C2.
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Interested in Casa Estudiantes: 14-Apartment Building in Casco Viejo?
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