Extremely Prime Casco Viejo, Panama Hotel for Sale – Leaseback Opportunity with Excellent Cashflow, 2 Blocks from Presidential Palace

[Casa Solution Boquete]

 Casco Viejo, aka Casco Antiguo, is the old colonial quarter of Panama City.  With the Presidential Palace here,  incredible cultural richness, being so close to Cinta Costera and being right on the ocean, Casco Viejo has become one of the most exciting development areas in the country.

The Casco Viejo area of Panama city was largely abandoned after World War II, but has recently been experiencing a reclamation of its cultural, architectural, and social significance.  The “Old City” is being restored through public funding and private investment and was recently inscribed as a UNESCO World Heritage Site.  Public and private investment is helping to preserve and rehabilitate its historic buildings, encouraging the creation of housing and cultivating development of destination restaurants, shops, nightlife, and hotels.   This hotel opportunity is located in the heart of Casco Viejo, 2 blocks from the Presidential Palace, 5 minutes from Downtown, and 25 minutes from Panama’s main international Tocumen airport.  It also has a valuable location near the entrance of Casco Antiguo, providing one of the highest levels of vehicle and foot traffic in all of Casco and affording easy access in and out from the beautiful Cinta Costera (seafront boulevard) that connects to downtown and the east side of the city.

The hotel building is a...

 

https://www.casasolution.com/listing/extremely-prime-casco-viejo-panama-hotel-for-sale-leaseback-opportunity-with-excellent-cashflow-2-blocks-from-presidential-palace/

 

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