Panama City - Beach Property For Sale #7404987

Casa Lorena - High-Potential Lot in the Heart of Casco Viejo

Located on the iconic Avenida A in Casco Viejo, Casa Lorena offers an exceptional investment opportunity in one of Panama City's most historic and sought-after districts. With a 237 m2 lot and the potential to develop up to 700 m2, this property is an ideal canvas for a residential, commercial, or mixed-use project.

The lot benefits from RMH2-C2 zoning (Medium-Density Residential with Central Urban Commercial Use) and holds a Category 3 Historic Heritage designation, allowing for vertical construction while respecting the architectural heritage and character of this UNESCO World Heritage Site.

Avenida A is one of Casco Viejo's main thoroughfares, known for its steady flow of residents, tourists, and visitors. This prime location ensures high visibility and accessibility--perfect for boutique developments. The surrounding area is vibrant and culturally rich, filled with art galleries, cafes, restaurants, restored colonial buildings, and a growing community of creatives and entrepreneurs.

Casa Lorena stands out as a strategic property for developers and investors seeking to contribute to--and benefit from--the continuing transformation of Casco Viejo. Whether envisioned as a boutique hotel, luxury residences, an art space, or a flagship commercial concept, the development possibilities are both diverse and promising.

Investing in Casa Lorena means participating in the evolution of one of Panama's most treasured urban neighborhoods--where history and modern living coexist in perfect balance.