The Opportunity Units & Pricing Market Map
La Moderna Building Facade

Own In Casco Antiguo

A fully restored, 12-unit income property in Panama's highest-demand rental district. Furnished, turnkey, and priced from $164,400 — built for yield, not just living.

See the Numbers

The Opportunity

Built For Returns

Casco Antiguo is a UNESCO World Heritage district with a fixed housing supply and rising short- and long-term rental demand. La Moderna gives investors a fully restored, professionally managed-ready asset — no renovation risk, no development timeline, no guesswork on what tenants and guests want in this market.

12

Units Available

$164,400

Entry Price From

57 – 131 m2

Unit Sizes for Flexible Positioning

2019

Restoration Complete — Zero Deferred Capex

Panama City Aerial View

Units & Pricing

Available Inventory

12 units | Studios, 1BR, 2BR — a range built to match different rental strategies and budgets

Model 1

Model 1

81,65 m2 1 Bedroom

Bay-view balcony — a premium tenants pay for

Download Floorplan
Model 2

Model 2

72.03 m2 Studio

Bay-view balcony, low-entry price point for strong yield

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Model 3

Model 3

80.16 m2 Studio

Open-air patio — high demand on short-term platforms

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Model 4

Model 4

131.25 m2 2 Bedrooms

Balcony and patio — largest floorplan, strongest long-term lease appeal

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Model 5

Model 5

63.55 m2 1 Bedroom

Wide balcony on B Avenue — prime foot-traffic exposure

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Limited Inventory

Request Pricing & Terms

12 units total — talk to us before allocation closes.

Request Investor Info
Casco Antiguo Street

Market

A Demand-Driven Address

La Moderna sits on B Avenue between 11th and 12th Street, inside the highest-traffic corridor of Casco Antiguo. This is the same footprint driving occupancy at the district's leading hospitality operators — proximity investors can underwrite directly into projected rental performance.

  • Selina Casco Antiguo — steps away
  • American Trade Hotel — steps away
  • Plaza Herrera — steps away
  • Avenida Central pedestrian corridor — steps away
Approved in 3rd Debate — National Assembly of Panama

New Historic District Investment Law

Panama's National Assembly has passed landmark real estate legislation designed to accelerate capital investment into historic centers — offering up to 30 years of property tax exemption and expanding investor & tenant tax benefits into Santa Ana.

01 / Tax Exemption

30-Year Property Tax Exemption

Extends property tax exemptions up to 30 years for restored historic properties, drastically lowering long-term holding costs and increasing net yields.

02 / Beneficiaries

Owners, Lessees & Investors

Tax benefits apply across the entire value chain — covering property owners, tenants/lessees, and equity investors engaged in restoration & commercial operation.

03 / New Zones

Santa Ana Officially Included

Beyond Casco Antiguo, the law explicitly incorporates Santa Ana and historic Colón, unlocking full preservation tax incentives for Santa Ana properties.

04 / Legislative Status

Awaiting Presidential Signature

Passed in 3rd debate by Panama's National Assembly and currently awaiting final presidential signature to officially enact the law into force.

Strategic Advantage for Casa Menotti in Santa Ana

Santa Ana is undergoing a major urban restoration, positioning itself as the new primary entrance to Casco Antiguo. With the direct inclusion of Santa Ana in this new 30-year tax incentive framework, commercial and residential projects at Casa Menotti gain an unmatched first-mover tax advantage.

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