Casco Antiguo (San Felipe) is Panama City’s historic center, declared a UNESCO World Heritage site in 1997. Its restored colonial and republican buildings house boutique hotels, top restaurants and one-of-a-kind apartments, in the most singular real estate market in the country.
Investing in the Casco means investing in a scarce, regulated asset: restoration is governed by the Casco Antiguo Office and inventory is finite by definition. Well-executed restored product combines heritage appreciation with hotel and tourist demand, within the zone’s special regulatory framework (including a tourist-rental regime that differs from the rest of the city).
Computed from Panavanti's active inventory as of 2026-09-06. Asking prices, not closing prices. Statistics are segmented by asset class: residential, commercial and land are never pooled into a single figure.
| Active listings | 21 |
|---|---|
| For sale | 16 |
| For rent | 5 |
| Asking prices — residential | $308,000 (n=1) |
| Median asking price — commercial (offices, retail, buildings) | $2,000,000 (n=14) |
| Asking prices — land lots | $1,548,200 (n=1) |
| Asking price range (all asset types) | $227,715 – $12,000,000 |
| Property types | Edificio, Apartamento, Local comercial, Oficina, Lote de terreno |
Se Vende Edificio en Casco Antiguo (Casa Ana)
Edificio
US$5,500,000
SE VENDE EDIFICIO EN CASCO ANTIGUO, CASA FEDERICO
Edificio
US$5,172,658
SE VENDE EDIFICIO EN CASCO ANTIGUO
Edificio
US$1,936,700
SE VENDE EDIFICIO EN CASCO ANTIGUO, CASA MACKAY
Edificio
US$659,120
SE VENDE HOTEL SAN FELIPE EN CASCO VIEJO
Edificio
US$12,000,000
SE VENDE EDIFICIO EN CASCO ANTIGUO, CASA SANTANA
Edificio
US$2,600,000
SE VENDE EDIFICIO EN CASCO ANTIGUO, CASA LOEW
Edificio
US$2,000,000
SE VENDE EDIFICIO EN CASCO ANTIGUO, DONOVAN
Edificio
US$3,800,000
SE VENDE EDIFICIO EN CASCO ANTIGUO, CASA TÁNTALO
Edificio
US$5,950,000
SE VENDEN BELLOS APARTAMENTOS EN PLAZUELA ALFARO
Apartamento
US$308,000
¡SE ALQUILAN LOCALES EN CALLEJÓN SONÁ, CASCO ANTIGUO!
Local comercial
US$4,170
¡SE ALQUILAN LOCALES EN PLAZUELA ALFARO, CASCO ANTIGUO!
Local comercial
US$1,500
Nearby zones: Avenida Balboa · El Cangrejo
Related guides: inversionistas extranjeros panama
If you're evaluating investment opportunities, explore our available properties in Panama, learn about the buying process, or talk to the Panavanti Express team for specific opportunities.