Sale of building in casco antiguo
Casco Viejo, San Felipe, Panamá, Panamá
Feb 28, 2025
Hotel Caracas is an impressive investment property located in the heart of the Old Town, the historical center of Panama City. This vibrant area is famous for its rich cultural heritage, charming architecture, and a dynamic mix of local and tourist activity.The property's highlights include:• Accommodations: The hotel has a total of 54 fully renovated and furnished rooms, including 49 queen/full rooms and 5 double queen rooms, providing a variety of options for guests.• Construction area: With an approximate area of 2,500 square meters, the building is designed for optimal functionality and guest experience.• Commercial spaces: The property includes three commercial spaces totaling around 530 square meters. These spaces are ideal for shops, cafes, or other commercial ventures.• Rooftop terrace: A spacious 520 square meter rooftop terrace offers immense potential to become a restaurant, bar, or additional hotel services, subject to renovation.• Location advantage: Located next to Avenida Central, a bustling shopping street frequented by both locals and tourists, the hotel enjoys incomparable pedestrian traffic and proximity to a variety of restaurants, hotels, and historical monuments.With its privileged location, exceptional features, and lucrative tax benefits, Hotel Caracas is an unparalleled opportunity for investors looking to take advantage of Panama City's thriving real estate and tourism markets.
Features
Lobby Propiedad Terminada Seguridad Servicios Location