Historic Commercial Building in Casco Viejo–Santa Ana
A 30+ Room Historic Building Near Plaza Santa Ana
Santa Ana, Panamá
Active
$2,279,000
USD$1,868 / m²
- 1,220 m²Built area
- 412 m²Land
Overview
On Calle 13 near Plaza Santa Ana, Casa Completa RMH2-C1 brings substantial scale and a distinctive historic setting to a commercial property in Panama City. Its 1,220 m² of construction stand on a 412 m² lot, with more than 30 room units arranged across the upper levels. The ground floor offers spacious areas suited to a lobby and commercial premises. The building’s configuration creates room to consider a boutique hotel or Airbnb concept. Its stated development potential reaches up to 1,700 m² of construction, while the property carries the RMH2-C1 zoning designation and Historic Heritage Category Level 3. The substantial existing area and upper-level room layout make this a notable opportunity for investors exploring a hospitality-oriented project. Set in the vibrant, tourist-oriented Casco Viejo–Santa Ana area, the property fronts a busy road and sits close to Plaza Santa Ana. The surrounding sector is described as undergoing renewal and value growth. Explore the building’s potential and arrange a visit to assess how its existing layout could support your plans.
In Short
The commercial building Casa Completa RMH2-C1 is offered for sale at $2,279,000. Its 1,220 m² of construction sit on a 412 m² lot in the Casco Viejo–Santa Ana area, close to Plaza Santa Ana. The building has more than 30 upper-level room units, ground-floor areas suited to a lobby and commercial premises, RMH2-C1 zoning, and Historic Heritage Category Level 3.
Before You Decide
- The building combines more than 30 upper-level room units with ground-floor areas suited to a lobby and commercial premises.
- The 1,220 m² construction area and 412 m² lot are distinct measures.
- RMH2-C1 zoning, Heritage Category Level 3, and the stated 1,700 m² construction potential warrant review of applicable permissions and feasibility.
- Parking, building systems, operating permissions, and legal-title details are not available.
Highlights
- 1,220 m² of construction area
- 412 m² lot
- More than 30 room units on the upper levels
- Spacious ground-floor areas for a lobby and commercial premises
- Potential for up to 1,700 m² of construction
- RMH2-C1 zoning designation
- Historic Heritage Category Level 3
- On Calle 13 near Plaza Santa Ana
At a Glance
- Status
- Available
- Asking price
- $2,279,000
- Price per construction m²
- $1,868.03/m²
- Construction area
- 1,220 m²
- Lot area
- 412 m²
- Room units
- More than 30
- Property type
- Commercial building
- Building
- Casa Completa RMH2-C1
- Zoning
- RMH2-C1
- Heritage classification
- Historic Heritage Category Level 3
- Neighborhood
- Casco Viejo – Santa Ana
- City
- Panama City
- Listing ID
- CNV-PROP-079656
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 5 March 2025
- Last updated
- 8 October 2026
Gallery
9 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
- 1,220 m² · 13,132 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,279,000
- Price per m²
- $1,868 / m²
- Cash to close (est.)
- $683,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $683,700
- Loan amount
- $1,595,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$9,823
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: $2,279,000.
- Price per construction area: approximately $1,868.03/m², calculated from $2,279,000 divided by 1,220 m².
- Lot area: 412 m².
- Development potential: up to 1,700 m² of construction.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,868 / m²
Santa Ana average$5,485 / m²
Panama average$4,306 / m²
Asking 66% below the Santa Ana average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At the asking price of $2,279,000 and 1,220 m² of construction area, the price is approximately $1,868.03 per construction m². The property also has a 412 m² lot and stated potential for up to 1,700 m² of construction.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Potential for a boutique hotel or Airbnb project, with more than 30 room units on the upper levels and ground-floor space suitable for a lobby and commercial premises.
Price History
- Listed · March 2025$2,279,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Santa Ana
Santa Ana, Panamá
Casa Completa RMH2-C1
Santa Ana, Panamá
Positions are schematic, spaced by travel distance.
Get directionsSanta Ana on Casanova today
- Active sale listings
- 92
- Active rentals
- 0
- Median asking price per m²
- $2,092
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
How large is the property?
The building has 1,220 m² of construction area on a 412 m² lot.
What is the property's zoning and heritage classification?
The property is identified with zoning designation RMH2-C1 and Historic Heritage Category Level 3.
What layout does the building offer?
The upper levels contain more than 30 room units, and the ground floor has spacious areas suited to a lobby and commercial premises.
Where is the building located?
The building is on Calle 13 near Plaza Santa Ana, in the Casco Viejo–Santa Ana area of Panama City.
What development potential is described?
The property has potential for up to 1,700 m² of construction.
How much does Casa Completa RMH2-C1 cost?
The asking price is $2,279,000.
How many room units does the building have?
The upper levels contain more than 30 room units; an exact count is not available.
What is the building's zoning and heritage classification?
The property is identified with RMH2-C1 zoning and Historic Heritage Category Level 3.
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Interested in Historic Commercial Building in Casco Viejo–Santa Ana?
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