Plaza Novena is in the heart of Casco Viejo, one of Panama’s most historic neighborhoods. This four-story building features a central tower, spacious balconies, and ground-floor commercial spaces. With limited new development in the area, Plaza Novena presents a solid investment opportunity. Inside, you’ll find quality finishes, including Spanish porcelain tiles, Italian-designed kitchens, and KOHLER bathroom accessories.
$22 – $25 Avg Rent Price per m2
Plaza Novena brings a contemporary touch to the heart of Casco Viejo while respecting the area’s historic charm. This low-rise, four-story building features a striking facade with a central tower that adds both character and structure. Expansive balconies and floor-to-ceiling French doors enhance the exterior, while the ground-floor commercial spaces create an active street presence, ensuring Plaza Novena becomes a local landmark.
As one of Panama’s most desirable and historic districts, Casco Viejo offers strong property value appreciation and high rental demand from both locals and expats. The area’s cultural appeal, walkability, and proximity to top restaurants, cafes, and nightlife make it an attractive place to live and invest.
Plaza Novena is a boutique low-rise development in a neighborhood where new construction is rare due to strict preservation laws. With limited inventory and high demand for well-designed apartments, property values are expected to remain strong, making this a smart long-term investment.
Plaza Novena is built with durability and style in mind. From high-end finishes to functional layouts, every detail is carefully considered:
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Plaza Novena is designed for those who want to live immersed in the energy of Casco Viejo. Instead of on-site amenities, residents enjoy everything the neighborhood has to offer just steps from their door. Start your morning with coffee at a local café, work remotely from a boutique co-working space, and unwind with a sunset cocktail at one of the area’s rooftop lounges. Fitness options include scenic runs along the Cinta Costera, nearby private gyms, and yoga studios. Living here means having the best of Casco Viejo—its dining, culture, and social scene—right at your fingertips.
Founded in 1673, Casco Viejo is a small peninsula at one end of the Cinta Costera. This neighborhood oozes with history, culture, gastronomy, and charm. Here you will find cocktail lounges, rooftop bars, and award-winning restaurants all hidden away within stunning colonial buildings of every color.
Living in Casco Viejo is like you are in a little oasis and the whole area is pleasantly walkable. That said, you’re still close enough that you can get into the heart of Panama City in about 15 minutes. Many residents actually live here and commute elsewhere for work. Also, via the Cinta Costera, you can walk or bike directly to the city center.
In Casco Viejo, you won’t find rooftop pools, gyms, or elevators. Most homes are two or three-story walk-ups or apartments in smaller buildings. But for those who live here, the charm of the neighborhood more than makes up for the lack of modern amenities. The homes might be short on luxury, but they’ve got plenty of character.
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Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman