Restoration project at Plaza Santa Ana

Your investment opportunities

Restoration project at Plaza Santa Ana

Your investment opportunities

Restoration in UNESCO Old Town

  • Sustainable restoration of a building in the UNESCO Old Town “Casco Viejo” in Panama City.
  • Top location at the church square “Plaza Santa Ana”.
  • We are realising the construction project in the old town of Panama City with investors from Germany, local partners from Panama and bank financing.
  • We have selected experienced construction partners from Panama and are planning a construction period of two years. Construction started at the end of September 2021.
  • We are constructing a mixed-use building with planned 20 appartments (55 – 165 sqm) and two commercial units.
  • As initiators of the project, we are also co-investors.
Your investment opportunities

Restoration in UNESCO Old Town

  • Our restoration in the Old Town of Panama City is a residential building from 1915, which has two floors and a roof terrace in addition to the ground floor.
  • Typically, the following tax benefits are granted for restorations in the Old Town of Panama City:
    – 30 years no property tax
    – 10 years no income tax 
    – 5 years no profit tax 
  • Around Plaza Santa Ana, well-known developers have acquired many of the buildings and some have started development.
  • The area is considered the next target for developers, as it is still possible to buy undeveloped properties at attractive prices.
Your investment opportunities

Restoration in UNESCO Old Town

  • The old town of Casco Viejo consists of the districts “San Felipe” (approx. 60% restored) and “Santa Ana” (approx. 15% restored).
  • The old town development goes in the direction of Santa Ana, as the prices are still cheaper. Buildings and infrastructure are less developed here than in San Felipe.
  • The centre of the district is “Plaza Santa Ana“.
  • Our restoration project in the old town of Panama City is located directly at Plaza Santa Ana, which is one of the most beautiful in the whole old town with its church, pavilion and tropical trees.
    The nearest metro station is 15 minutes away.
Your investment opportunities

Restoration in UNESCO Old Town

This video gives an impression of our development in the old town Casco Viejo.

As an alternative to buying an apartment in Panama City’s Old Town, we also offer investors the opportunity to participate in a restoration project in Panama City’s Casco Viejo. Please feel free to contact us.

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