Casa Estudiantes: Historic Multi-Unit Property in Santa Ana
A 14-apartment historic investment property in Santa Ana
Santa Ana, Panamá
Active
$769,000
USD$513 / m²
- 1,500 m²16,146 ft²
- 377 m²Lot
Overview
Casa Estudiantes brings together a distinctive historic character and an established multi-apartment configuration in Santa Ana. The four-level property contains 14 apartments and is presented as an income-generating investment opportunity, near Instituto Nacional in Panama City’s historic urban center. The property offers 1,500 m² of construction on a 377 m² site. Its Bellavistina architecture includes internal and external balconies, along with a common area. The individual apartment bedroom and bathroom counts, parking arrangements, and interior specifications are not provided. The property is described as RM3-C2 zoned, with historic heritage categories 3 and 4, and development potential of up to 1,876 m². Its Santa Ana setting connects it with the historic Casco Viejo area and the Instituto Nacional landmark. At an asking price of $769,000, Casa Estudiantes presents a sizeable multi-unit opportunity in a central Panama City location. Contact Casanova Realty to discuss the property and arrange further details.
In Short
Casa Estudiantes is offered for sale at $769,000. The property has 14 apartments, four levels, 1,500 m² of construction, 377 m² of land, and stated development potential of up to 1,876 m².
Before You Decide
- The property offers 14 apartments across four levels, but unit-by-unit layouts and bedroom counts should be obtained.
- The stated development potential is up to 1,876 m²; verify the figure against current planning and heritage requirements.
- Rental income and 100% occupancy are mentioned, but current leases, rents, and operating expenses are not quantified.
- Confirm the exact location, because the structured address indicates Santa Ana while the source URL includes an El Ancón label.
Highlights
- 14 apartments across four levels
- 1,500 m² of construction area
- 377 m² of land
- Bellavistina architectural character
- Internal and external balconies
- Common area within the property
- Stated development potential of up to 1,876 m²
- Near Instituto Nacional in Santa Ana
At a Glance
- Status
- Available for sale
- Asking price
- $769,000
- Price per construction m²
- $512.67/m²
- Construction area
- 1,500 m²
- Land area
- 377 m²
- Apartments
- 14
- Levels
- 4
- Property type
- Multi-unit house
- Building / property name
- Casa Estudiantes
- Neighborhood
- Santa Ana
- City
- Panama City
- Listing ID
- CNV-PROP-041700
Key Facts
- Category
- Residential
- Unit type
- House Villa
- New or resale
- Resale
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
22 photographs of this residence.
Explore House
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
- 1,500 m² · 16,146 ft²
Parking & Storage
- Covered
- No
Outdoor
- Balconies, internal and external
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
- Asking price: $769,000 USD.
- Construction area: 1,500 m²; land area: 377 m².
- Configuration: 14 apartments across four levels.
- Calculated asking price per construction area: $512.67/m², based on $769,000 divided by 1,500 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
House$513 / m²
Santa Ana average$5,485 / m²
Panama average$4,306 / m²
Asking 91% below the Santa Ana average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Casa Estudiantes is an income-oriented property with 14 apartments, 1,500 m² of construction, and stated development potential of up to 1,876 m². Rental income, operating costs, and the feasibility of additional development have not been quantified.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The existing 14-apartment configuration and stated development potential offer an investment-oriented profile; financial performance and development feasibility require confirmation.
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 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 · —
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 across four levels.
What are the land and construction areas?
The property has 377 m² of land and 1,500 m² of construction.
What is the asking price?
The asking price is $769,000 USD.
What development potential is stated for the property?
The property is described as having development potential of up to 1,876 m².
Where is the property located?
The property is in Santa Ana, Panama City, near Instituto Nacional.
How many apartments and levels does Casa Estudiantes have?
Casa Estudiantes has 14 apartments across four levels.
What is the asking price and construction area?
The asking price is $769,000 USD, and the construction area is 1,500 m².
How large is the lot?
The lot measures 377 m².
What development potential is stated?
The stated development potential is up to 1,876 m².
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Interested in Casa Estudiantes: Historic Multi-Unit Property in Santa Ana?
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