About this residence
FOR SALE | COMMERCIAL SPACE IN CASCO VIEJO, PANAMA is a Panama property for sale at US$850,000 in Casco Viejo, San Felipe, Ciudad de Panamá with 2 bathrooms, 215 M2.
FOR SALE | COMMERCIAL SPACE IN CASCO VIEJO, PANAMA
Invest in one of Panama City’s areas with the richest historical identity and greatest tourist appeal. This 215 m² commercial space offers an excellent opportunity for investors looking to acquire a property that generates rental income in the iconic Casco Viejo district.
The San Felipe neighborhood blends historic architecture with a diverse range of dining options, boutique hotels, retail shops, and cultural venues, attracting both international visitors and local residents. Its heritage status and vibrant commercial activity make it a highly desirable location for real estate investment.
Property Features:
- 215 m² of floor area.
- Currently tenanted, with a monthly rent of $3,000.
- Annual gross rental income of $36,000.
- Asking price: $850,000.
Estimated gross yield: 4.24% per annum (before maintenance expenses, taxes, insurance, and other property-related costs).
An ideal option for those looking to diversify their real estate portfolio with a commercial asset in one of Panama’s most iconic locations.
Contact us for more information or to arrange a viewing.