Casco Viejo Real Estate

Casco Viejo, one of the most famous places in Panama,  sometimes referred to as the Old Quarter or simply Casco Antiguo, is Panama City’s historic district and one of the most recognizable and popular areas in the country. Casco Viejo is also a UNESCO World Heritage Site, featuring a diverse range of architectural styles from Spanish Colonial to French and Neoclassical, and is a beautiful blend of history, culture, and modern-day living.

Casco Viejo, located on the water in Panama City, is home to many residents and visitors alike. The cobblestone streets, historic plazas, and restored buildings create an ideal area to wander, with cafés, restaurants, art galleries, and boutique hotels making this wonderful enclave a cultural and social hub. It is also well-positioned with proximity to the financial district and modern-day infrastructure if one wants to live, work, or invest in Casco Viejo.

The real estate landscape in Casco Viejo has been growing steadily in the past few decades. Restoration and renovation projects have turned formerly colonial buildings into residences, offices, and commercial properties, while interest continues to grow among both local buyers and international clientele. There are properties from newly renovated apartments with ocean views to historical homes with inner courtyard gardens and traditional balconies. Many people want these buildings, not only for the heritage but also for the investment opportunity; consequently, Casco Viejo is one of the hottest real estate markets in Panama.

In addition to being a real estate, Casco Viejo is also a cultural and entertainment hub. The area offers a multitude of museums, well-known churches, such as the Metropolitan Cathedral, festival and arts spaces, and a vibrant nightlife scene that includes rooftop bars and terraces with stunning views of the Panama City skyline and the Pacific Ocean.

When you live in Casco Viejo, you are enjoying a lifestyle with both tradition and modernity. With walkable streets, access to quality services, and a sense of community, Casco Viejo offers its residents the best of the old while simultaneously providing the benefits of living in a contemporary urban environment.

In conclusion, not only is Casco Viejo one of the most unique areas in Panama, but it is also one of the most valuable locations for people who want to invest in historic properties or enjoy a unique lifestyle within a culture-rich area.

Star & Herald

Star & Herald is a striking residential building located in the Casco Viejo district of Panama City, a UNESCO World Heritage Site. The Art Deco building was formerly home to one of Panama’s leading newspapers and has been thoughtfully restored to embrace its rich historic qualities along with modern luxury. The building offers an exceptional opportunity to own a residence that is full of historic charm but with modern comforts.

Designed as an apartment hotel, the building has spacious units ranging from 128.5 sq mt (1,383 sq ft) to 329 sq mt (3,541 sq ft), allowing for a variety of lifestyles from an urban single professional to a family waiting to experience premium urban living. Floor-thru or east and west-facing layouts maximize light, and include generous living areas, ample bedrooms, and modern kitchens with good workspaces for people living everyday lifestyles. Many units have private terraces or balconies that provide views of the city and the ocean to increase the value of life in the building.

Star & Herald is positioned to accommodate increased daily living, such as an elevator (for quick access regardless of the floor number), private parking spaces (for select units, a rare opportunity in the Casco Viejo streets), and both historical charm & modern comforts for residents who want to balance culture and comfort.

Living at Star & Herald means you are in the center of the beautiful lifestyle that Casco Viejo has to offer. Casco Viejo is well known for its cobblestone streets, historical buildings, boutique stores, cafes, and all kinds of restaurants. There are so many cultural options, art galleries, and places for entertainment available within a short walk, so that residents can enjoy the calmness that accompanies being in a historic area, while still enjoying the vibrancy of being in an urban area.

Purchasing a condo at Star & Herald not only comes with a vibrant lifestyle but also an economic opportunity. The combination of location, historical significance, and high-quality design ensures that you will experience strong long-term value. Whether you purchase it to live in permanently or to make a strategic investment, this building will be one of the most respected properties in Casco Viejo.

In conclusion, Star & Herald is the best place to live in Panama City and will provide a balance of historical integrity, modern luxury, and urban lifestyle. It is a fantastic choice for those who want a unique lifestyle in one of Panama’s most recognizable districts.

Casco Viejo Real Estate FAQ

1. What is Casco Viejo, and why is it special?

Casco Viejo is the historic district of Panama City, declared a UNESCO World Heritage Site. Founded in 1673, it combines colonial architecture, cobblestone streets, plazas, churches, and restored buildings with a vibrant urban atmosphere, attracting both residents and tourists.

2. What types of properties are available in Casco Viejo?

The real estate market in Casco Viejo offers boutique apartments, penthouses with ocean views and private terraces, restored colonial houses with original architectural details, and commercial-residential buildings suitable for investment or redevelopment projects.

3. What amenities can residents enjoy in Casco Viejo?

Living in Casco Viejo gives access to museums, art galleries, theaters, festivals, diverse restaurants, rooftop bars, and a vibrant nightlife. Its central location allows easy access to plazas, pedestrian streets, and urban services.

4. Who is the ideal buyer for Casco Viejo real estate?

The ideal buyers include investors seeking high rental income, young professionals wanting a dynamic urban lifestyle, families looking for a cultural and walkable environment, and history or architecture enthusiasts interested in unique, character-filled properties.

5. Why invest in Casco Viejo real estate?

Casco Viejo offers high investment potential due to its historical value, growing tourism, and central location. Limited property availability increases exclusivity, ensuring long-term property appreciation and strong demand for short and long-term rentals.

Star & Herald Penthouse for Sale in Casco Viejo, Panama

This exclusive two-level penthouse at the historic Star & Herald building in Casco Viejo blends modern comfort with timeless colonial charm. Offering spacious interiors, private rooftop access, and premium amenities, it is a rare opportunity in one of Panama City’s most iconic neighborhoods.

• Living area: 260 sq Mt / 2,798 sq Ft
• Bedrooms: 2
• Bathrooms: 3
• Levels: 2
• Parking: 2 private spaces
• Rooftop: Private rooftop terrace with panoramic views
• Layout: Open living and dining areas, modern kitchen, spacious bedrooms, and elegant finishes
• Building features: Restored historic façade, secure lobby, elevator, private security, social areas, and exclusive location in Casco Viejo

Selling Price: $850,000

HOA: $320