Casa Caracol Casco Viejo Panama

Casa Caracol Casco Viejo is a mixed-use property that includes (1) a duplex residential apartment unit and (3) prime commercial spaces around an internal courtyard. Commercial spaces are street-front, and the third commercial space is on the second floor with a wrap-around balcony and high ceiling.

Casa Caracol location is on a corner lot right on the main avenue entering Casco Antiguo (Avenue A). The property benefits from high-density commercial zoning and sits just a half block away from the bustling Plaza Herrera, the home to Casco Antiguo’s most Popular restaurants.

This property has already been mostly renovated and can monetized without major construction and development.

Casa Caracol Casco Antiguo Specs

Construction Area

573.85 m2

Units

3 Commercial Spaces 1 Residential Unit

Structure

Mostly Renovated Asset

Location

Ave. A and 11th Street

Casa Caracol 

PARCEL NUMBER

3633

LOT AREA

191.59 M2

CERTIFICATION

National Heritage Historic Property. Fourth Category.

ZONING

High-density commercial & high density residential

Casa Casa Caracol Casco Antiguo

APPRAISAL

Casa Caracol has most recently been appraised at USD 3,920 per construction m2 by Avinco appraisers.

Avinco is one of the most well–established appraisal firms in Panama. The appraisals of the company are recognized by local banks.