Building for restoration with potential of 2,000m2

En Venta

$1,380,000

Province: Panamá | District: Panamá | Township: Santa Ana | Neighborhood: San Felipe

Construction
3538 m2

Property Details

Property ID:MLS-25557
Listing Type:En Venta
Property Type:Edificio
Building | Neighborhood:AVENIDA A, CON CALLE 14 Y 15
Price:$1,380,000
Year Built:1970
Construction Area:3,538 m2

Property Description

The next great chapter of the Casco Viejo (Old Quarter) is being written in Santa Ana. Driven by private capital and the support of the Municipality of Panama, the area is experiencing a revitalization that is already palpable on every street: new hotels, restaurants, plazas, and residences. The new entrance through the South Gate connects the flow of tourists with the neighborhood and accelerates its growth. Santa Ana is thriving, and those who invest now are doing so before prices reach their true potential. On Avenida A, between Calle 14 and 15, Casa Margarita combines scale and heritage value: 390 m² of land with the potential to develop up to 2,000 m². Its Category 4 and RMH2-C2 zoning allow for both residential and commercial uses, ideal for a project that honors and capitalizes on the history of the Casco Viejo.

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