Casa Margarita: Restoration Building in Santa Ana

Casa Margarita puts a substantial restoration and redevelopment opportunity on Avenida A, between Calle 14 and Calle 15, in Santa Ana. The property is offered for sale at $1,379,999 and brings together heritage value, a central historic-district setting and potential for a new chapter in one of Panama City’s evolving neighborhoods. The site measures 390 m², with stated potential to develop up to 2,000 m². Category 4 and RMH2-C2 zoning classifications allow residential and commercial uses, opening the door to a range of project concepts. The building dates to 1970 and is offered as a restoration project. No bedroom, bathroom, parking, interior-layout or finish specifications are provided, leaving the opportunity focused on the site, its existing structure and its redevelopment possibilities. Santa Ana’s revitalization is bringing new hotels, restaurants, plazas and residences to the area, supported by private investment and the Municipality of Panama. The South Gate entrance is connecting tourist flows with the neighborhood, while nearby Casco Viejo adds a strong historic and cultural context. For investors and developers looking to shape a project that respects and builds on the area’s heritage, Casa Margarita merits a closer look. Contact us to discuss the property and arrange next steps.