Tag Archives: Real Estate Casco Viejo

Business Opportunities in Casco Viejo, Panama

Real Estate For Rent, Casco Viejo, Panama Casco Viejo is buzzing with activity. Construction everywhere, hotels getting ready to open. Opportunities for small and larger businesses have started to open, from medium size commercial spaces to technically unrestored buildings that can be put together in “no time”. Here are the best real estate and business opportunities in Casco Viejo right now! Developer Hot Deal: Water View Building: full concrete structure, any developer or contractor with some experience that takes a look into this building will start jumping on one foot out of joy. No demolition necessary (only for aesthetics), basically … Continue reading

Hand Made Colonial Tiles in Casco Viejo

Panama Casco Viejo A signature feature of colonial apartments in Casco Viejo is the use of hand made tiles.  Colorful designs that are set up as carpets, one different for each room. Sometimes they cover the entire area, sometimes just in the middle.  You may not realize those tiles on the floor are not massed produced. They are hand made! yes…. “Old World” style, one by one… with love! Check out this interesting video that will show you how each piece is created! Curious to see how the finished product looks like? This is La Merced, a colonial building in … Continue reading

1920`s Elegance Today at Casco Viejo, Panama

Casco Antiguo, Panama It used to be the flag ship store of the Benedetti Hermanos back in 1928.  The original commercial space at the ground floor had an elegant glass facade that echoed the look and feel of Madison Avenue shops of the day.   In the 50`s it was a well known furniture store, the perfect business to take advantage of such commanding street presence. Today, with over 400 mt2 of commercial space, Benedetti Hermanos is completely restored and ready once again to draw everyone`s attention in San Felipe.  Located steps away from several high end hotels already under construction … Continue reading

Investment Moving Forward in Casco Viejo, Panama

Casco Antiguo, Panama   A client came into our office yesterday and marveled at the thriving activity in Casco Viejo.  He pointed out that there are almost no streets in San Felipe that doesn`t have something going on, whether a new business opening or a property under construction.   Plaza Herrera, one of the biggest and most beautiful plazas which was abandoned up until now, is a vibrant “under construction” site.  Located at the center of Casco Antiguo is is destined to become its commercial heart. Here are some of the commercial projects currently under construction. By no means a complete … Continue reading

A Restored 1899 Home For Sale at Casco Viejo

One of the things I enjoy the most in Casco Viejo is the fact that each home is truly different from the one next to it. There are no identical twins here, no “copy – paste” and each one has a history of its own. Casa Vidal , our featured home for sale, is the perfect example. The first public deed of the house dates from August 12th, 1899 and certifies that the owner was Doña Teresa Arosemena de Vidal, known as the Widow Vidal.  Back then, Panama was not even Panama, but the “isthmus” of Panama and it belonged … Continue reading

Fighting to Preserve Our Patrimony

In the last few months, a battle of ideas have been taking place in Panama, concerning Casco Viejo. For more than a year, the government has been exploring options to connect Panama City (modern side) to future private developments in Amador.  Because in the middle is Casco Viejo, our beautiful 300 year old UNESCO World Heritage Site, the method of connecting was said to be a tunnel that would go under 17th Street, which is outside the historic district. After a public bidding was awarded for the tunnel, the government announced that they preferred to do a landfill around Casco … Continue reading

Casco Viejo Special Homes

Casco Viejo Real Estate Blog Having a 400 mt2 home in a historic city (any historic city) is quite a unique thing. Those are truly special opportunities,  each one is irreplaceable.  At this time you will be able to find in  Casco Viejo two properties under this parameter:  Casa Vidal and Benedetti Penthouse Central. Very different from each other, they share certain features such as water views, access to a pool and the ability to have three bedrooms.  But they are diametrically opposed in style and form, one being more of a colonial townhouse and the other, a penthouse so … Continue reading

Casco Viejo Properties Under $400K

Casco Viejo Real Estate Blog This is probably the most diverse real estate category in Casco Viejo, Panama.  You can find anything from one bedrooms to two bedrooms, with views and sometimes if you are lucky even parking. $329,000 Casa Ruigar No.7 : This one bedroom is loft style and makes for both an easy investment or easy place to live. Why we like it? the building has elevator and a water view roof terrace with swimming pool.  It also has a private roof terrace with views. More info on Ruigar No7. $335,000  Montefiori No.1: Probably the best priced two … Continue reading

Casco Viejo Properties Under $300K

From time to time we like to present a snapshot of what`s on the market in Casco Viejo. This is the first of three postings: real estate property under $300K, under $500K and Special Homes. On the “perfect for singles” category or “easy investments” (meaning already income producing) here are our picks and why: $150,000 at  Marqués de Portago:  small pied a terre, well located and rented. Why we like it? We like the tenant and the fact that is 30 seconds or less away from parks. Ideal if you like outdoors activities like jogging or bicycle.  It is also … Continue reading