luxury furnished houses for sale Panamá, Panama

Investment Portfolio Sale – Three Adjacent Properties in Prime Casco Viejo  Location: Calle 11, Casco Viejo, Panama City, Panama  Price: $3,500,000 USD  Listing 5119  Contact: Ken Norton — WhatsApp: +507-6169-2453 (English) Evelyn Díaz — WhatsApp: +507-6718-4140 (Español)  Ask us about mortgage and financing options — available with approved credit (OAC). https://www.panama-properties.com/properties-1/investment-portfolio-sale-%E2%80%93-three-adjacent-properties-in-prime-casco-viejo      Investor Opportunity Overview This rare offering presents three properties for sale on the same block in the heart of Casco Viejo—Panama City’s most vibrant historic district and one of the strongest real estate markets in the country. With a mix of income-producing units, commercial spaces, and development-ready land, this package delivers immediate rental revenue with significant long-term appreciation potential. Ideal for investors seeking a multi-asset opportunity in a UNESCO World Heritage neighborhood experiencing sustained demand from both locals and international visitors.     PROPERTY DETAILS     Property 1: Casa 8-23 Apartment Building – Income Producing with Upside Potential Well-maintained structure requiring completion of renovations 11 currently rentable units, with 1 additional unit requiring full renovation 3-story building Highly sought-after rental market supporting both short-term and long-term models 2 commercial spaces at ground level Currently leased to residential and one commercial tenant Total construction area: 1,067 m² (11,485 sq.ft.) Average rental rates: Residential: $15.60 / m² Commercial: $17.85 / m² Fully titled land     Property 2: Casa Oscar Premium corner location at Calle 11 and Avenida A Steps from Plaza Herrera and directly across from the American Trade Hotel Total construction area: 449 m² (4,833 sq.ft.) Lot size: 138 m² (1,485 sq.ft.) Title process must be completed by buyer 2-story building Ground floor: commercial tenant in place Second floor: requires full renovation Zoning: RMH2-C2 (High-density commercial / residential)     Property 3: Casa Oculta Lot area: 88 m² Zoning: RMH2-C2 (High-density commercial / residential) Fully titled land Vacant lot offering flexible new construction or development potential Situated along Calle 11, just steps from Casco’s key activity corridors       Why Invest in Casco Viejo? Casco Viejo has rapidly transformed over the past decade into one of the most desirable real estate markets in Panama and Central America. As a protected UNESCO World Heritage Site, the district combines cultural richness, tourism demand, boutique hospitality, fine dining, and high-end residential living—all within a walkable, historic setting. With its limited land availability, strict preservation guidelines, and growing local and international popularity, Casco continues to experience exceptional stability and resilience compared to broader market fluctuations. Over the last 10 years, property values in Casco Viejo have shown consistent and notable appreciation, driven by increased private investment, government restoration incentives, and the rise of luxury hotels, restaurants, and mixed-use commercial projects. Rental demand has also surged, supported by tourism growth, digital nomads, and boutique developers seeking character-rich spaces. Investors benefit from historically strong yields, a scarcity of developable land, and long-term capital gains in one of Panama’s most iconic and high-performing neighborhoods.   Portafolio de Inversión en Venta – Tres Propiedades en la Misma Cuadra en Casco Viejo  Ubicación: Calle 11, Casco Viejo, Ciudad de Panamá  Precio: $3,500,000 USD  Listing 5119  Contacto: Ken Norton — WhatsApp: +507-6169-2453 (English) Evelyn Díaz — WhatsApp: +507-6718-4140 (Español)  Consulte por opciones de hipoteca y financiamiento — disponibles con aprobación crediticia (OAC). https://www.panama-properties.com/properties-1/investment-portfolio-sale-%E2%80%93-three-adjacent-properties-in-prime-casco-viejo      Resumen de la Oportunidad de Inversión Esta oferta única presenta tres propiedades en venta ubicadas en la misma cuadra, en el corazón de Casco Viejo—uno de los distritos históricos más vibrantes de Panamá y una de las zonas inmobiliarias más sólidas del país. Con una mezcla de unidades generadoras de ingresos, locales comerciales y un lote listo para desarrollo, este portafolio ofrece flujo de caja inmediato y un importante potencial de apreciación a mediano y largo plazo. Ideal para inversionistas que buscan un conjunto de activos en una zona UNESCO con demanda constante por parte de residentes, turistas e inversionistas internacionales.     DETALLES DE LAS PROPIEDADES     Propiedad 1: Casa 8-23 Edificio de Apartamentos – Generador de Ingresos con Potencial de Mejora Edificio en buen estado, con renovaciones pendientes por completar 11 unidades actualmente rentables, con 1 unidad adicional que requiere renovación total Edificio de 3 pisos Zona altamente rentable tanto para alquiler a corto plazo como a largo plazo 2 locales comerciales en la planta baja Actualmente cuenta con inquilinos residenciales y 1 comercial Área total de construcción: 1,067 m² (11,485 pies²) Rentas promedio: Residencial: $15.60 / m² Comercial: $17.85 / m² Terreno totalmente titulado     Propiedad 2: Casa Oscar Ubicación privilegiada en la esquina de Calle 11 y Avenida A A pasos de Plaza Herrera y frente al Hotel American Trade Construcción total: 449 m² (4,833 pies²) Lote: 138 m² (1,485 pies²) El proceso de titulación debe ser completado por el comprador Edificio de 2 pisos: Planta baja: inquilino comercial activo Segundo piso: requiere renovación completa Zonificación: RMH2-C2 (Alta densidad comercial / residencial)     Propiedad 3: Casa Oculta Área del lote: 88 m² Zonificación: RMH2-C2 (Alta densidad comercial / residencial) Terreno totalmente titulado Lote vacío con potencial de construcción o desarrollo a la medida Ubicado sobre Calle 11, cerca de zonas de alto movimiento dentro del Casco     Beneficios de Invertir en Casco Viejo Casco Viejo ha experimentado una notable transformación en los últimos diez años, consolidándose como uno de los mercados inmobiliarios más sólidos y exclusivos de Panamá. Al ser un Sitio Patrimonio de la Humanidad por la UNESCO, combina riqueza cultural, una oferta turística en crecimiento, gastronomía de alto nivel, hoteles boutique y residencias premium en un entorno completamente caminable. Debido a su disponibilidad limitada de propiedades y estrictas normas de conservación, el valor inmobiliario en Casco Viejo continúa mostrando estabilidad y resistencia incluso frente a cambios económicos globales. Durante la última década, las propiedades en Casco Viejo han registrado una apreciación constante y significativa, impulsada por inversiones privadas, incentivos gubernamentales y la llegada de nuevos proyectos comerciales, hoteleros y residenciales. La demanda de alquiler también ha aumentado notablemente, beneficiada por el turismo, profesionales remotos y negocios que buscan espacios con carácter histórico. Los inversionistas disfrutan de rendimientos sólidos, escasez de terrenos disponibles y un crecimiento sostenido del valor en uno de los barrios más emblemáticos y de mayor desempeño del país.

This is not a standard home, and it was never intended to be one. Located in Dos Mares, this architect-designed residence was conceived as a functional and highly livable space that responds to Panama's tropical climate rather than constantly working against it. Designed and built by its current owners, both architects, the residence follows a bioclimatic approach aligned with many LEED design principles. Thick 30 cm walls, cross ventilation, thermal insulation, thoughtful orientation, and a passive solar extraction system work together to regulate the home's interior temperature naturally. In practical terms, the house remains cooler and more comfortable throughout the day, with interior temperatures commonly ranging from approximately 22 to 26 degrees Celsius during the evenings without depending heavily on air conditioning. The approximately 500 m2 residence is distributed across four levels. This creates a clear separation between social, private, service, and professional spaces while preserving visual connection and natural movement throughout the home. Living and Social Areas The principal social level brings together the living room, dining area, open kitchen, den, and several terraces. Different ceiling heights, including double-height and one-and-a-half-height sections, give the interior a sense of volume while keeping the spaces connected and comfortable. Natural light is one of the home's defining characteristics. Large windows, bronze-tinted glass, multiple skylights, and sections of glass roofing allow daylight to reach nearly every part of the residence. The placement of the windows, surrounding mature trees, and the home's north-south orientation help control direct heat while preserving privacy and airflow. Dedicated Office Suite with Independent Access One of the property's most valuable and unusual features is the large office suite located on the lower level. This is not simply a spare room being used as an office. It is a substantial professional workspace with enough room for approximately five people to work comfortably. The staircase divides the level naturally into two connected areas. One side can serve as the main working area, while the other provides space for a lunch table, informal meeting area, or staff dining area. The office also includes its own kitchenette, a full bathroom, air conditioning, and a completely separate entrance with direct access from outside the house. This allows the workspace to operate independently without requiring employees, clients, or visitors to pass through the main residence. The setup could be particularly useful for an owner who works remotely, manages a small team, operates a consultancy, runs a creative studio, or needs a professional area for receiving clients. It offers the uncommon possibility of combining a substantial residence and a functional workplace within the same property while maintaining separation between personal and professional life. Any specific commercial activity would remain subject to the applicable neighborhood rules, permits, and regulations. Layout and Key Features The home includes four bedrooms, three full bathrooms, and two half bathrooms. There are also two service quarters, each with its own full bathroom. One of the service rooms includes a small sitting area, giving it added flexibility for staff, guests, storage, or other household needs. Another adaptable space is the upper-level gym. Positioned at canopy level, it looks directly into the surrounding trees and receives abundant natural light. Depending on the next owner's needs, this area could remain a gym or be converted into an additional office, studio, bedroom, reading room, or elevated lounge. The home contains two equipped kitchens: -Main kitchen on the social level with granite countertops and built-in appliances, including a Bosch oven and Frigidaire Gallery refrigerator -Secondary kitchen on the garden level serving the lower living areas and service quarters   Additional interior features include: -Private lower-level office suite with separate street access -Den or family room -Pantry and storage areas -Laundry room with natural light -Electric water heater -Three parking spaces -Electric entrance gate   Outdoor Spaces and Terraces The home's connection to the outdoors is not limited to the garden. Seven terraces are distributed across the different levels of the residence, facing both north and south. Some of the terraces are covered while others are open, providing different places for dining, reading, working, relaxing, or simply enjoying the airflow and surrounding vegetation. The rear garden was designed as a usable extension of the home rather than as decorative landscaping alone. It includes a water fountain sourced from Antigua, Guatemala, which attracts birds and contributes to the calm atmosphere of the garden. There is also an approximately 20-meter area where a lap pool previously existed. The space may offer the next owner the opportunity to reinstall a pool, subject to an evaluation of the existing area and the desired design. Mature trees surround the residence, providing shade, privacy, and a close connection to nature. Toucans, parrots, and other native bird species are regularly seen around the property, despite its location only minutes from central Panama City. Infrastructure and Practical Details The property includes: -Approximately 500 m2 of construction 589.81 m2 of land -Connection to IDAAN city water -Connection to the public electrical system -Three reserve water tanks -Sediment filtration system -Water pump and pressure tank -Covered utility storage -Internet service available through cable and wireless providers -LED lighting throughout -Hunter ceiling fans in the living areas -Flat insulated roof with potential for future solar panel installation   The north-south orientation plays an important role in the home's natural ventilation, helping air move through the structure while allowing accumulated heat to escape. A Home Designed Around Flexibility This residence will appeal most to a buyer who values architecture, natural light, generous spaces, privacy, and a strong connection between indoor and outdoor living. Its layout is unconventional, but it is also highly adaptable. The house can support family life, remote work, a professional office, creative activities, staff accommodations, guests, and entertaining without requiring every part of daily life to take place in the same area. The structure was created with a clear architectural intention, and that design remains central to the character of the property. At the same time, several rooms and levels can evolve depending on how the next owner chooses to live and work. About Dos Mares Dos Mares is a well-established residential neighborhood located only minutes from central Panama City. Its elevated terrain allows many properties in the area to benefit from open views toward the city, the Pacific Ocean, and surrounding green areas, including Parque Natural Metropolitano. The neighborhood is known for its quiet streets, mature vegetation, and larger residential lots compared with many newer developments in the city. It has an established character, with a combination of long-term residents and newer homeowners. Dos Mares also remains conveniently connected to Albrook, Clayton, major shopping areas, schools, medical facilities, and the principal roads leading into central Panama City. “Trustworthiness and local knowledge, Casa Solution excels at delivering both” – Jim Knutzon For more photos, a more complete description and up-to-date prices for this property, please visit the Casa Solution website.