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  • Panama InfoPanama Real Estate Resources Welcome to the Panama Equity Resources Hub — your trusted destination for insights, guides, and expert advice on living and investing in Panama. Whether you’re exploring Panama for the first time, considering buying property, or keeping up with market trends, this is where you’ll find the knowledge you need. What You’ll Find Here: Panama Blog – Stories, tips, and updates on life in Panama. Panama Guides – Practical step-by-step guides for relocating, investing, and exploring the country’s most desirable neighborhoods. Market Insights – Data-driven analysis and commentary from our experts to help you make informed real estate decisions. At Panama Equity, we believe informed clients make the best choices. Our resources are designed to give you a clear picture of Panama’s real estate opportunities and lifestyle, so you can move forward with confidence. Start exploring below and see why thousands of buyers, investors, and expats rely on Panama Equity for trustworthy real estate expertise.
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Mansion Baluarte

At A Glance

Welcome to Mansion Baluarte, a boutique preconstruction project in the heart of Casco Viejo, Panama City. Blending historic architecture with modern design, it offers a mix of 1- and 2-bedroom condos, lofts, and commercial spaces. Many residences include private balconies or patios, with sizes ranging from 52 m² to 125 m². With its prime location, colonial charm, and limited inventory, Mansion Baluarte appeals to both people looking for a unique place to live and investors seeking strong rental demand in one of Panama’s most iconic neighborhoods.

Learn More
Image of the outside of the Mansion Baluarte Building
2025
 
# of floors: 4
Floor plans ranging from: 52 m2 – 125m2
 
Prices starting at: $518,750
 
Average rental price: $18 – $22 per m2
 
Average sales price: $9,975 per m2

Mansion Baluarte Building Summary

Mansion Baluarte is a four-story boutique project in Casco Viejo that combines historic architecture with modern finishes.

 

It offers a small selection of 1- and 2-bedroom condos, lofts, and commercial spaces, with floor plans between 52 m² and 125 m². Many residences come with private balconies or patios for added outdoor space.

 

Prices start at $518,750, placing Mansion Baluarte in the higher-end segment of Panama City’s historic district.

 

With rental rates in Casco Viejo averaging $18–22 per m², the project is attractive to both people looking for a home in the area and investors focused on strong rental income.

Where is Mansion Baluarte?

Feautures

Mansion Baluarte combines the character of Casco Viejo with modern conveniences tailored for today’s lifestyle. The building features a secure lobby, elevator access to all residential levels, and private balconies or patios in many units. Commercial spaces on the ground floor bring additional services and convenience right to your doorstep. Residents also benefit from the exclusive setting of a boutique building with only a limited number of homes, ensuring privacy and a strong sense of community

Image of coworking space in this condo in Mansion Baluarte
Image f couch, table and windows in this condo in Mansion Baluarte in Casco Viejo

Life In Mansion Baluarte

Mansion Baluarte is not a high-rise tower with dozens of condos. It’s a small, four-story building with only a limited number of condos and lofts. This means fewer neighbors, more privacy, and a quieter atmosphere compared to larger developments in Panama City.

 

The condos range from 52 m² to 125 m², with 1- and 2-bedroom layouts and some loft options. Many include balconies or patios, giving you private outdoor space in addition to the lively streets of Casco Viejo.

 

For investors, rental demand in Casco Viejo remains strong, with rates in the double digits per m². With prices starting at $518,750, Mansion Baluarte combines modern layouts, a historic location, and solid rental potential in a boutique setting.

Image of bedroom with bed in this condo in Mansion Baluarte
Image of bathroom with bathtub and shower in this condo in Mansion Baluarte

Condos for Sale in Mansion Baluarte

Featured
Mansion Balluarte Panama Casco Antiguo condos for sale and rent
View Property

Mansion Baluarte 2 Bedroom Condo For Sale in Casco Viejo Panama

This two-bedroom condo is located in one of Panama’s hottest…

Bedrooms
2
Bathrooms
2
Area
115 m2
For Sale

$659,130

All About Casco Viejo

Casco Viejo, also known as Casco Antiguo, is Panama City’s historic district and a UNESCO World Heritage Site. The area is known for its colonial architecture, walkable streets, and a mix of restored buildings and boutique new projects like Mansion Baluarte. Residents have cafés, restaurants, shops, and cultural landmarks within walking distance, while being only minutes from the city’s business and financial centers. Rental demand here is consistently strong, with rates averaging in the double digits per m², making it both a desirable place to live and a smart investment location.

 

Beyond its historic charm, Casco Viejo is also a hub for ongoing growth and investment. The government continues to support restoration projects, improving infrastructure and preserving the area’s heritage. This balance of old and new makes it attractive to both residents who want a unique lifestyle and investors looking for long-term value. With limited space for new developments, properties in Casco Viejo hold their value well and often appreciate faster than other parts of Panama City.

Casco Viejo Real Estate

12
1
Matthew Marx
Matthew Marx PN 6051
Image of terrace in this condo for sale in Plaza Central in Casco Viejo

Casco Viejo Condo for Sale with Rare 200 m² Terrace

San Felipe, Santa Ana, Panamá, Distrito de Panamá, Provincia de Panamá, Panamá
Added: February 3, 2026
Bedrooms
2
Bathrooms
2
Area
164 m2

$437,000

12
1
Matthew Marx
Matthew Marx PN 6051
Image of the outside of Aspinwall in Casco Viejo

Prime Casco Viejo Restoration Project: Historic Building for Sale

San Felipe, Panamá, Distrito de Panamá, Provincia de Panamá, Panamá
Added: November 20, 2025
Area
1620 m2

$3,000,000

11
Ruben (PN-2946)
Image of living area with a dining table and chairs and partial view of the kitchen at Cuatro Casas

Three-Level Condo for Sale in Cuatro Casas

San Felipe, Santa Ana, Panamá, Distrito de Panamá, Provincia de Panamá, Panamá
Added: June 6, 2025
Bedrooms
3
Bathrooms
4
Area
281 m2

$990,000

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Condos for Rent in Mansion Baluarte

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