Mixed-use investment building in Calidonia
A 68-apartment, 16-store building in the heart of Calidonia
Calidonia, Panamá
Active
$5,500,000
USD$1,668 / m²
- 3,298 m²35,499 ft²
Overview
A substantial mixed-use property in Calidonia brings residential and commercial space together in one investment. The building offers 68 apartments alongside 16 commercial units, creating a varied property mix in a dynamic Panama City district. The property has 3,298 m² of total construction area. Apartment sizes are listed from 20 to 35 m², while the commercial premises range from 50 to 150 m². This combination creates options for residential accommodation and street-level business use within the same asset. Stated gross annual income is $476,568.13. At the $5,500,000 asking price, that figure implies an indicative gross yield of approximately 8.66% before expenses. Calidonia is described as having services, public transportation and a cultural offering nearby, with an active urban character. Contact us to request further property information and arrange a visit.
In Short
The Calidonia building is offered for $5,500,000. It contains 68 apartments and 16 commercial units across 3,298 m² of total construction area. Stated gross annual income is $476,568.13.
Before You Decide
- Compare the stated gross annual income with verified rent rolls, occupancy and documented operating expenses.
- The property combines 68 apartments and 16 commercial units in one asset.
- Confirm title, building condition, floor count, parking and operating systems during due diligence.
Highlights
- Asking price: $5,500,000
- 3,298 m² of total construction area
- 68 apartments in the building
- 16 commercial units, with listed areas from 50 to 150 m²
- Apartment sizes listed from 20 to 35 m²
- Stated gross annual income of $476,568.13
- Calidonia location near services, public transportation and cultural offerings
- Indicative gross yield of approximately 8.66% before expenses
At a Glance
- Status
- Available
- Asking price
- $5,500,000
- Property type
- Mixed-use building
- Apartments
- 68
- Commercial units
- 16
- Stated gross annual income
- $476,568.13
- Neighborhood
- Calidonia
- City
- Panama City
- Listing ID
- CNV-PROP-064602
Key Facts
- Category
- Mixed Use
- Unit type
- House Villa
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
7 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
- 3,298 m² · 35,499 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $5,500,000
- Price per m²
- $1,668 / m²
- Cash to close (est.)
- $1,650,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,650,000
- Loan amount
- $3,850,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$23,705
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 stated total construction area is 3,298 m², with a calculated asking price of approximately $1,667.68 per m².
- The 68 apartments are listed at 20–35 m² each; the 16 commercial units are listed at 50–150 m² each.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$1,668 / m²
Calidonia average$1,840 / m²
Panama average$4,306 / m²
Asking 9% below the Calidonia average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At an asking price of $5,500,000, the building has a stated gross annual income of $476,568.13. That income equates to an indicative gross yield of about 8.66% before expenses, based on the stated income and asking price.
- 8.7%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$5,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Calidonia
Calidonia, Panamá
Mixed-use building for sale in Calidonia
Calidonia, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCalidonia on Casanova today
- Active sale listings
- 50
- Active rentals
- 0
- Median asking price per m²
- $1,316
Getting Around
Calidonia, 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 apartments and commercial units does the building have?
The building has 68 apartments and 16 commercial units.
What is the total construction area?
The total construction area is 3,298 m².
What gross annual income is stated for the property?
The stated gross annual income is $476,568.13.
What are the listed size ranges for the apartments and commercial units?
Apartment sizes are listed at 20–35 m², and commercial units at 50–150 m².
How many residential and commercial units are included?
The building has 68 apartments and 16 commercial units.
What is the asking price?
The asking price is $5,500,000.
What gross annual income is stated?
The stated gross annual income is $476,568.13.
Similar Properties
Same market, comparable size and price.
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Interested in Mixed-use investment building in Calidonia?
Speak to our team — viewings in person or by video, usually within 48 hours.