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Home » Articles » Why Invest in Casco Viejo

Why Invest in Casco Viejo

Published by Michael Flora On June 1, 2015

Casco Viejo is an old settlement in Panama City, dating back to 1671. One of the special elements of the current district, are the many old buildings that still stand today, giving the visitor a real sense of how things were back in time. When one walks through Casco Viejo, it becomes little surprise that the area was designated as a World Heritage Site back in 1997. Much of the impressive architecture can be dated back to the 16th & 17th century and has Spanish & French Colonial influence. However, this one of many reasons why more and more people are choosing Casco Viejo as a place to live, work and invest.

The local people are working with the increasing number of foreign expats from Europe, North and South America to maintain and improve the fantastic old buildings that make Casco Viejo such a special place. Many of these buildings were in a derelict state but thanks to the work of local citizens, these are being transformed in to stunning apartments and boutique hotels.

Some of the fantastic sights in Casco Viejo include the History Museum of Panama, Plaza Catedral, Iglesia de la Merced, Iglesia de San José and much more. In addition to these, there are many new shops and quality restaurants occupying the buildings around the district. With all this in mind, it’s little surprise that real estate in the Casco Viejo area is becoming very sought after.

When a new property appears on the market, it soon disappears and it can become very difficult to obtain real estate in Casco Viejo. Many tourists who come to this historic area of Panama are falling in love with it and are starting to return, purchasing their own properties and using them every time they visit.

It’s such a thrilling time to be a part of the resurgence in Casco Viejo Commercial Space and that is why so many people are visiting and choosing to stay in the area. In addition to this, it’s a tremendous time to be investing in real estate and with the individual style of the properties in Casco Viejo, many of these can not be found anywhere else.

Become a part of this exciting time in Casco Viejo and inquire about real estate opportunities today.

 

 

 

 

 

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Categories: Articles Tags: Investment, Panama, Real Estate
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