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Casco Viejo, Panama City, Panama

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'Imagine the streets of Toulouse or Paris but in Panama City, Central America. the Casco Viejo section of the City is very Reminiscent of the French Quarter of New Orleans or perhaps Havana and is the oldest city on the Pacific Coast of the Americas. The Casco Viejo section of the city lies at the opening mouth of the Canal and just out into the Bay.

Casco Viejo Property

The reason why there is little Paris in Panama is because in 1881 the French attempted to firstly build the canal. Casco Viejo is where they would hang out and most of them live. There are French balconies over narrow street below and you can identify some Caribbean and Spanish Culture throughout this area of town. However this mix of cultures and architecture has made Casco Viejo one of the most promising areas of Panama.

There is a unique feeling whenever entering Casco Viejo, you can feel the passion, the arts, the historic culture and architecture. The restaurants in the area are some of the best Panama has to offer and the walkway offers some great Kuna Mola's and sight seeing.

If you walk through Casco Viejo it is like walking back in time, the building are over 300 years in age and the narrow streets and renovations make the area very warm and cultural. You will see laundry hanging over ramshackle railings, iron balconies have geraniums, potted plants and bougainvillea vines.

casco Viejo houses for sale

Casco Viejo is focal point of all Panama Cities architecture, culture and arts. The CEnter for arts is located in the area as well as the theatre, art galleries, museums and much much more. It is here in Casco Viejo that you really can identify with Panama's culture and people, these are the real Panamanians.

UNESCO and the United Nations for Education, Science and Culture in 1998 identified Casco Viejo as a site od world interest due to its architecture and rich history. Currently Casco Viejo is being renovated to its former glory and once finished will be on the most expensive neighborhoods in Panama.

Why not check out the property tour of Panama and the areas within the city!!

Why Casco Viejo is a good investment!!

History - Of the original Panama City Casco Viejo is the only still standing part and reeks history and culture. The French and Spanish architecture from the 1800's stands all around and invites in a warm and historic feeling. A rich history of Pirates, Cathedrals and immigrants makes this part of Panama City a cultural gem.

Environment - This is one of the most cultural areas of Panama where you can sip fresh coffee at a street side cafe, or have lunch in one of Panama's trendiest restaurants. The area has a great nightlife with some the best clubs and bars in Panama. Beautifully restored loft apartments and other historical buildings, along with the Presidential Palace and National Theatre make this the most landmark-rich area in the country.

Cost - The Value of property in Casco Viejo is very depressed indeed due to squatters taking control of the buildings as landlords left due to rental control disputes. However recently the government has aided in the revitalization of the area and is moving the squatters to other locations so that Casco Viejo can once again be the heart of Panama. Once the renovations have been done it is sure that the prices will sky rocket!!! There are a limited number of buildings to restore and the lack of land to build means that prices are 100% sure to rise.

The View - The views of Casco Viejo are wonderful to the eye. You can have an apartment with Ocean views, a balcony overlooking the streets below, etc. Imagine have a rooftop BBQ with views of the Americas Bridge, Ships passing through the Canal and the skyline of Panama. It is eye candy at its sweetest.

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