40-Room Hotel Pension for Sale Near Casco Viejo Santa Ana

A substantial hospitality opportunity in Panama City’s historic quarter, this three-story hotel pension brings 40 guest rooms together in a location described as the entrance to Casco Viejo. The property is offered for $1,600,000 and has access from two different streets, a practical feature for guest arrival and day-to-day circulation. The building includes a balcony, storage, and laundry. It spans three stories, including the ground floor, with 40 guest rooms. The listed area figures need confirmation before buyers rely on them: the structured property detail gives 240 m², while the description gives 720 m² in total and 240 m² per floor. No bedroom or parking count, room-by-room bathroom breakdown, or furniture and equipment inventory is provided. The hotel is positioned near Casco Viejo’s historic attractions, with the waterfront promenade and Presidential Palace named among nearby points of interest. The source also describes the surrounding area as undergoing development and identifies visitor accommodation as the property’s investment premise. Ask for operating records, area documentation, and the details of any applicable incentives, then arrange a conversation to assess the opportunity.