Two-Level Commercial Property in Casco Viejo
Casa Completa RMH1-C1Casco Viejo
- 392 m²
$479,000
$1,222 / m²
203 m² Property for Sale in Casco Viejo–Santa Ana
A redevelopment opportunity on a high-visibility Casco Viejo street
Casco Viejo, Panamá
Active
$479,000
USD$2,360 / m²
- 203 m²2,185 ft²
Overview
Set on a dynamic street in Casco Viejo–Santa Ana, this 203 m² property stands out for its high-traffic position and potential for a larger project. The property is offered at $479,000 and is identified with RMH2-C1 zoning. Its location and scale make it a distinctive opportunity in an area described as undergoing renewal and appreciation. The property has two levels, and only the facade remains. It is being offered for remodeling, with potential to increase the existing area. The description presents the site as suitable for commercial use and also points to the possibility of a commercial or residential development. The stated preservation classification is category 3, an important consideration for any project planning. The property fronts Calle 13, on a street described as having high traffic and visibility. It may suit a small private home or commercial use, and the opportunity may extend to purchasing two or three properties in total within the block. Explore the possibilities for this Casco Viejo–Santa Ana property and request further details about the site and any additional properties available.
In Short
The asking price is $479,000 USD for a 203 m² property on Calle 13 in the Casco Viejo–Santa Ana area. The property has two levels, RMH2-C1 zoning, preservation category 3, and is described as retaining only its facade. The source presents remodeling, expansion, and possible acquisition of two or three properties in the block as opportunities.
Before You Decide
- The property is described as retaining only its facade, so buyers should assess redevelopment scope and structural requirements.
- The property has stated RMH2-C1 zoning and preservation category 3; confirm permitted uses and approval requirements.
- the site as a high-traffic, high-visibility Calle 13 location.
- The source indicates that acquiring two or three properties in total may be possible, which could affect project scale.
The description states that only the facade remains and that the property requires remodeling.
Highlights
- 203 m² stated total area and land area
- Asking price: $479,000
- Two-level property
- Only the facade remains; remodeling is needed
- RMH2-C1 zoning, stated for commercial use
- Preservation category 3
- Calle 13 location described as high-traffic and high-visibility
- Potential to explore a purchase of two or three properties in the block
At a Glance
- Status
- Available
- Asking price
- $479,000
- Price per m² of land
- $2,359.61
- Total area
- 203 m²
- Land area
- 203 m²
- Levels
- 2
- Property type
- Commercial property
- Zoning
- RMH2-C1
- Neighborhood
- Casco Viejo–Santa Ana
- City
- Panama
- Listing ID
- CNV-PROP-079676
Key Facts
- Category
- Commercial
- Unit type
- House Villa
- Listed
- 4 March 2025
- Last updated
- 4 March 2025
Gallery
6 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
- 203 m² · 2,185 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $479,000
- Price per m²
- $2,360 / m²
- Cash to close (est.)
- $143,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $143,700
- Loan amount
- $335,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,064
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 source gives a land area of 203 m² and an asking price of $479,000, equivalent to approximately $2,359.61 per m² of land.
- The property is described as a two-level structure with only its facade remaining.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$2,360 / m²
Casco Viejo average$4,075 / m²
Panama average$4,306 / m²
Asking 42% below the Casco Viejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 203 m² property in the Casco Viejo–Santa Ana area, offered at $479,000. The source gives a price of approximately $2,359.61 per m² of land. The description identifies remodeling and possible expansion, with potential for a commercial or residential project.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The property is presented as an opportunity to remodel, increase its area, or potentially acquire two or three properties in the block for a larger project.
Price History
- Listed · March 2025$479,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Casco Viejo
Santa Ana, Panamá
Casa Completa RMH2-C1
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
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?
The asking price is $479,000 USD.
How large is the property?
The stated total area and land area are both 203 m².
How many levels does the property have?
The property is described as having two levels.
What condition is the property in?
The description says that only the facade remains and that the property requires remodeling.
What zoning and preservation category are stated?
The stated zoning is RMH2-C1, and the property is identified as preservation category 3.
Can additional properties in the block be purchased?
The description says that purchasing two or three properties in total may be possible.
What remains of the existing structure?
The description says that only the facade remains and that the property requires remodeling.
What zoning and preservation category are given?
The stated zoning is RMH2-C1, and the stated preservation category is 3.
Could other properties in the block be included?
The source says that two or three properties in total may be available for purchase.
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Interested in 203 m² Property for Sale in Casco Viejo–Santa Ana?
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