The project is developed by Casco Development & Partners, a pioneering group renowned for its dedication to high architectural standards and cultural preservation. They specialize in real estate ventures that integrate modern design with Panama’s rich historical legacy, particularly within the Old Quarter. Casco Development & Partners aims to revitalize the city’s historic spaces while offering contemporary living solutions. Their projects stand out for their commitment to detail, innovative designs, and a strong connection to Panama’s cultural heritage.

Casco Development & Partners has been involved in several high-profile projects in Panama, particularly in the city’s Historic Quarter. Their notable developments include the Antigua Casa López, which revitalizes the Old Quarter while preserving its heritage. The developer also has plans for the Mobility Center and Amador Interconnection, designed to enhance the city’s infrastructure while boosting its tourism and accessibility. Their projects focus on creating unique urban spaces that blend modern amenities with Panama’s rich history and culture.

Construction for this project began in 2023, marking the start of a significant transformation in the heart of Panama’s Historic Quarter. The development is part of a broader effort to rejuvenate the area while preserving its cultural heritage. With a focus on blending modern conveniences with the area’s historical charm, the project began with extensive planning to ensure minimal disruption to the local environment and the protection of its architectural integrity.

The expected delivery date for the project is 2025. This timeline allows for careful attention to both the historical preservation of the building’s architecture and the integration of modern living spaces. Casco Development & Partners is committed to delivering a project that not only enhances the area’s cultural value but also provides a high-quality living environment for its residents.

The payment plan for this development is designed to be flexible, with multiple options to accommodate various buyer needs. Typically, buyers are required to make an initial deposit upon contract signing, followed by progress payments aligned with key construction milestones. In some cases, the payment plan can be customized, depending on the specific unit and buyer preferences. For more details and personalized options, it’s recommended to contact the sales team directly, who will provide the most current and relevant information based on the buyer’s circumstances.

The maintenance fee for the property is determined based on the size of the unit and the common areas. This fee covers the upkeep of shared spaces, including security, landscaping, cleaning, and general maintenance. It ensures the property remains in top condition for residents and visitors alike. The fee varies slightly depending on the unit, but it is typically set around $2 per m² of living space, with additional charges for amenities and services like concierge or fitness center access.

Yes, short-term rentals are permitted in this development. This flexibility provides owners the opportunity to rent out their properties for short stays, making it an attractive option for those looking to generate income through platforms like Airbnb. However, it is important for owners to comply with local regulations regarding short-term rentals, including licensing and taxation. The project is located in a vibrant, high-demand area, ensuring a strong potential for short-term rental returns, especially given its proximity to Panama’s historic sites and attractions.