Teatro Amador: Historic Building for Sale in Casco Viejo
Teatro AmadorCasco Viejo
- 2 Baths
- 1,034 m²
$4,000,000
$3,868 / m²
Restored 11-Apartment Building in Casco Viejo
A restored Casco Viejo landmark with 11 furnished apartments
Casco Viejo, Panamá
Active
$4,500,000
USD$4,373 / m²
- 1,029 m²11,076 ft²
Overview
In the heart of Panama City’s historic Casco Viejo, this restored residential building brings together 11 furnished apartments and a pool in one distinctive property. Its scale and multi-apartment configuration make it a rare opportunity for buyers seeking a substantial asset within one of the city’s best-known historic districts. The building offers 1,029 m² of total building area on a 433 m² lot. All 11 apartments are described as furnished, and the property has been completely restored. Individual apartment layouts, bedroom and bathroom counts, parking, and the restoration date are not specified, leaving room for a buyer to assess the configuration and intended use directly. A pool adds a shared leisure feature for the building’s residents. Casco Viejo’s historic-district setting offers a distinctive urban backdrop, with the character of Panama City’s old quarter close at hand. Offered for $4,500,000, this restored 11-apartment property combines substantial area, furnished residences and a pool in a sought-after city location. Contact Casanova Realty to discuss the property and arrange a viewing.
In Short
The restored Casco Viejo apartment building has 11 furnished apartments and a pool. It offers 1,029 m² of total building area on a 433 m² lot and is offered for $4,500,000 USD.
Before You Decide
- The property is a whole residential building with 11 apartments, not an individual condominium unit.
- The stated total building area is 1,029 m², and the lot is 433 m².
- The building is completely restored and includes a pool.
- Unit layouts, operating costs, parking, building systems and rental rules are not specified.
Completely restored; restoration year and scope are not specified.
Highlights
- Restored residential building in Casco Viejo
- 11 furnished apartments
- 1,029 m² of total building area
- 433 m² lot
- Pool in the building
- Asking price: $4,500,000 USD
- Located in Panama City’s historic district
At a Glance
- Status
- Available for sale
- Asking price
- $4,500,000 USD
- Price per m²
- $4,373.18/m²
- Apartments
- 11 furnished apartments
- Building area
- 1,029 m²
- Lot area
- 433 m²
- Building
- Majestic Restored Building
- Property type
- Multi-unit residential building
- Neighborhood
- Casco Viejo
- City
- Panama City
- Listing ID
- CNV-PROP-049757
Key Facts
- Category
- Residential
- Unit type
- House Villa
- New or resale
- Resale
- Market tier
- Ultra Luxury
- Furnishing
- Fully Furnished Turnkey
- Listed
- 5 April 2021
- Last updated
- 13 October 2026
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
- 1,029 m² · 11,076 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,500,000
- Price per m²
- $4,373 / m²
- Cash to close (est.)
- $1,350,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,350,000
- Loan amount
- $3,150,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$19,395
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
- A buyer comparing multifamily properties can assess this building by its 11 apartments, 1,029 m² building area, 433 m² lot, restoration and pool.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$4,373 / m²
Casco Viejo average$4,075 / m²
Panama average$4,306 / m²
Asking 7% above the Casco Viejo average — worth understanding what justifies it before you offer.
Investment Case
An 11-apartment residential building in Casco Viejo is offered for $4,500,000. The stated building area is 1,029 m², the lot is 433 m², and the building has been restored and includes a pool.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · April 2021$4,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Casco Viejo
San Felipe, Panamá
Majestic Restored Building
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
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 apartments are in the building?
The building contains 11 apartments.
Does the building have a pool?
Yes. A pool is included among the building's stated features.
What are the building and lot areas?
The building area is 1,029 m², and the lot area is 433 m².
What is the asking price?
The asking price is $4,500,000 USD.
Are the apartments furnished?
The 11 apartments are described as furnished.
How many apartments does the building have?
The building has 11 apartments.
What is the building area and lot size?
The building area is 1,029 m² and the lot is 433 m².
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Interested in Restored 11-Apartment Building in Casco Viejo?
Speak to our team — viewings in person or by video, usually within 48 hours.