For 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.
En Alquiler – Casa Lola | Oportunidad de Inversión en Casco Viejo
Edificio histórico restaurado de 4.5 niveles ubicado en la entrada de Casco Viejo, en el corregimiento de San Felipe, una de las zonas con mayor actividad turística y peatonal de Panama City.
La propiedad ofrece una excelente oportunidad para operadores de hotel boutique, grupos gastronómicos, clubes privados o conceptos de hospitalidad mixta.
Características Generales
Área de construcción: 1,252 m²
Tamaño del lote: 352 m²
Niveles: 4.5 pisos incluyendo terrazas en la azotea
Uso: Comercial / Hospitalidad / Uso mixto
Estado: Edificio restaurado con infraestructura moderna
Permiso de ocupación: En trámite
El edificio cuenta con elevador principal y elevador de servicio, sistema de aire acondicionado, sistema contra incendios con rociadores, instalaciones de gas para cocina comercial y planta eléctrica.
Distribución
Planta baja
Área para restaurante con posibilidad de terraza exterior, cocina profesional, salón privado, depósitos, cava de vinos, dos baños públicos y elevador de servicio.
Nivel 100
11 habitaciones o suites, cada una con baño privado.
Nivel 200
11 habitaciones adicionales con baño privado y opción de habitación tipo loft.
Nivel 250
Espacio para segundo restaurante, lounge o bar con área de cocina.
Azotea
Dos terrazas con área de bar, cuatro baños y vistas panorámicas al mar, Casco Viejo y el skyline de la ciudad.
Una propiedad única para desarrollar un hotel boutique o concepto gastronómico con rooftop en una de las zonas más visitadas de Panamá.
Información adicional y visitas privadas disponibles bajo solicitud.