Casa Caracol Casco Viejo Panama Building for sale is a mixed-use property. For this reason, include (1) a duplex residential apartment unit and (3) prime commercial spaces around an internal courtyard. Besides, 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). For this reason, the property benefits from high-density commercial zoning. In conclusion, the property sits just a half block 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 expending on construction and development.
First, Casa Caracol Construction Area are
573.85 m2
Second, the property has 3 Commercial Spaces 1 Residential Unit
Third, the structure mostly renovated asset
Fourth, Ave. A and 11th Street is a great location
PARCEL NUMBER
3633
LOT AREA
191.59 M2
FIFTH, THE CERTIFICATION
National Heritage Historic Property. Fourth Category.
SIXTH, ZONING
High-density commercial & high density residential
SEVENTH, APPRAISAL
The 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. Also, all the Panamanian banks recognize the appraisals made by Casa Caracol’s landlords.
For additional information like scheduling an appointment or financial facilities, contact us by WhatsApp: +(507) 6179-5869
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