Commercial building with ROI in casco viejo.

Santa Ana’s moment has arrived. The Old Quarter is expanding into Santa Ana, driven by both private investment and the Panama City government: new hotels, restaurants, plazas, and residential projects are energizing every corner, and the new entrance through the South Gate connects the tourist flow directly to the neighborhood. What was once a promise is now a reality—the area is thriving, and prices are still below their future value. Investing here means entering the next great chapter of the Old Quarter early. Casa de los Arcos is a unique complex of three properties on Avenida A and Calle 2, across from the new Sofitel, with spacious balconies and views of the Panama Canal and the Bay. With an approved master plan for a commercial plaza, it’s the perfect canvas for a boutique hotel, Airbnb apartments, or a landmark waterfront shopping center.

Courtesy of ACOBIR MLS