
14-room hotel building in Casco Antiguo
A distinctive hotel investment in historic Casco Antiguo
Casco Antiguo, Panamá
$4,300,000
USD$3,909 / m²
- 1,100 m²Built area
- 285 m²Land
- 14Bed
Overview
Set in San Felipe at the heart of Casco Antiguo, this 1,100 m² hotel building brings together hospitality and street-level commerce in one of Panama City’s most visited historic districts. The property includes 14 hotel rooms and is offered for sale at $4,300,000, with 285 m² of land. A separate commercial premises occupies the ground floor, with potential uses such as a restaurant, café, or shop. Inside, an intimate courtyard adds a central open-air space. Above, the rooftop terrace offers views toward the Corredor Marino and the city. Installed data cabling and RMH1-C2 mixed residential-commercial zoning are additional stated property features. Casco Antiguo is known for its colonial architecture, restaurants, plazas, museums, and active cultural scene. The hotel building places an investor in a highly visited part of Panama City, where hospitality and commercial uses sit within a historic urban setting. Explore the property’s potential and arrange a closer look at this Casco Antiguo opportunity.
In Short
The hotel building in Casco Antiguo is offered for sale at $4,300,000. It has 14 rooms, 1,100 m² of construction, a 285 m² lot, an independent ground-floor commercial premises, an interior courtyard, and a rooftop terrace with views toward the Corredor Marino and city. Its stated zoning is RMH1-C2.
Before You Decide
- The building combines 14 hotel rooms with one independent ground-floor commercial premises.
- The stated areas are 1,100 m² of construction and 285 m² of land.
- The property includes an interior courtyard and rooftop terrace; parking, bathrooms, operating figures, and building systems should be confirmed.
Highlights
- 14 hotel rooms in historic Casco Antiguo
- 1,100 m² of construction on a 285 m² lot
- Independent ground-floor commercial premises
- Interior courtyard
- Rooftop terrace with views toward the Corredor Marino and city
- Installed data cabling
- RMH1-C2 mixed residential-commercial zoning
- Restaurants, plazas, museums, and colonial architecture in the surrounding district
At a Glance
- Status
- Available for sale
- Asking price
- $4,300,000
- Price per m²
- $3,909.09/m² (based on construction area)
- Hotel rooms
- 14
- Construction area
- 1,100 m²
- Land area
- 285 m²
- View
- Corredor Marino and city
- Property type
- Hotel building
- Neighborhood
- Casco Antiguo (Casco Viejo)
- City
- Panama City
- Listing ID
- CNV-PROP-050283
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 5 April 2021
- Last updated
- 13 October 2026
Gallery
8 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
- Interior
- 1,100 m² · 11,840 ft²
- Total
- 1,100 m² · 11,840 ft²
Systems & Comfort
- Views
- City
Parking & Storage
- Covered
- No
Outdoor
- Interior courtyard
- Rooftop terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,300,000
- Price per m²
- $3,909 / m²
- Cash to close (est.)
- $1,290,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,290,000
- Loan amount
- $3,010,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$18,533
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
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare the $4,300,000 asking price against other hotel properties using construction area, room count, condition, and operating performance.
- The calculated price is approximately $3,909.09 per m², based on the stated 1,100 m² construction area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 73% below the Casco Antiguo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $4,300,000, this 1,100 m² hotel building includes 14 guest rooms, an independent ground-floor commercial space, an interior courtyard, and a rooftop terrace in Casco Antiguo.
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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
Price History
- Listed · April 2021$4,300,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Casco Antiguo
San Felipe, Panamá
Hotel building for sale in Casco Antiguo
Casco Antiguo, 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 hotel rooms does the property have?
What is the property's land area?
Does the building include commercial space?
What zoning applies to the property?
How many hotel rooms does the building have?
What is the asking price?
Is there a separate commercial space?
What is the stated zoning?
Similar Properties
Same market, comparable size and price.
Interested in 14-room hotel building in Casco Antiguo?
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