Building For Rent In Casco Viejo, Panama City

45-Casa LolaFor Lease – Casa Lola | Prime Hospitality Investment in Casco Viejo, Panama City
Investment Opportunity
A rare opportunity to lease a fully restored historic hospitality property at the entrance of Casco Viejo, the most iconic and visited district of Panama City.
Strategically positioned in the San Felipe quarter, Casa Lola benefits from exceptional pedestrian traffic, proximity to luxury boutique hotels, restaurants, rooftop bars, and cultural landmarks. The property offers an ideal platform for international hotel operators, restaurant groups, lifestyle brands, or private hospitality concepts seeking a flagship presence in Panama’s premier tourism destination.
Property Overview
Casa Lola is a 4.5-level historic building that has been recently restored and structurally upgraded to accommodate modern hospitality operations while preserving the architectural character of the historic district.
The property offers the flexibility to operate as a boutique hotel, members’ club, lifestyle hospitality concept, or mixed-use restaurant and hotel project.
General Specifications

Total Construction Area: 1,252 m² (approx. 13,476 sq ft)

Lot Size: 352 m² (approx. 3,789 sq ft)

Levels: 4.5 floors including rooftop terraces

Use: Hospitality / Commercial / Mixed-use

Condition: Fully restored with modern infrastructure

Occupancy Permit: Submitted

The building has been upgraded with:

Main elevator and service elevator

New staircases and structural improvements

Central air-conditioning infrastructure

Fire sprinkler system

Gas installations for commercial kitchens

Backup power generation plant

These upgrades significantly reduce the time and capital required for a hospitality operator to bring the project into operation.
Interior Program & Layout
Street Level – Level 000
Designed to activate the pedestrian flow of Casco Viejo.

Restaurant space with potential outdoor seating on pedestrian plaza

Professional commercial kitchen

Private dining salon

Storage areas and wine storage

Two public bathrooms

Service elevator

Level 100

11 guest rooms or office suites

Each with private full bathroom

Level 200

11 additional guest rooms

Each with private bathroom

Potential loft / attic-style room configuration

Level 250

Second restaurant or lounge concept

Bar and kitchen infrastructure

Rooftop Experience
One of the most valuable assets of the property.

Two rooftop terraces

Bar area

Four public bathrooms

360° panoramic views of the Pacific Ocean, the Casco Viejo skyline, and modern Panama City

The rooftop level offers strong potential for a signature rooftop bar or event venue, a key driver of revenue in the Casco hospitality market.
Strategic Location
Located at the entrance of Casco Viejo, the property benefits from immediate access to the district’s main pedestrian corridors and cultural attractions.
Casco Viejo is a Historic District of Panama City, recognized internationally for its architecture, tourism appeal, and vibrant hospitality scene. The area attracts tourists, international investors, cruise passengers, and local residents, making it the epicenter of Panama City’s boutique hotel and restaurant market.
Ideal Uses
Casa Lola is ideally suited for:

Boutique hotel operator

Luxury lifestyle hospitality brand

Private members club

Restaurant group with rooftop concept

Mixed-use hospitality development

The scale, layout, and infrastructure allow for multiple revenue streams including accommodation, food & beverage, events, and rooftop nightlife.
Leasing Opportunity
This is a rare large-scale hospitality asset available for lease in Casco Viejo, offering operators the ability to establish a distinctive destination in Panama’s most visited historic district.
Further information, financial terms, and private tours available upon request.