Star and Herald Casco Antiguo Panama for Sale in Casco Antiguo, Panama City
Own a private rooftop penthouse in iconic Star & Herald, Casco Antiguo. Timeless charm, unmatched location, and rare luxury living in Panama City.
Property Overview
Star and Herald Casco Antiguo Panama for Sale is a curated Panama real estate opportunity in Casco Antiguo, Panama, selected for buyers comparing lifestyle, location and long-term value.
Star & Herald Penthouse for Sale in Casco Antiguo, Panama
Live at the heart of Panama City's UNESCO World Heritage district in this exclusive two-level penthouse inside the historic Star & Herald building. Once home to one of Panama's most influential newspapers, the Art Deco landmark has been thoughtfully restored to combine its original character with the comfort and finishes of a modern luxury residence.
This 260 m² (2,798 sq ft) corner residence offers 2 bedrooms, 3 bathrooms, 2 private parking spaces and a private rooftop terrace with panoramic views of Casco Antiguo, the Bay of Panama and the Pacific skyline.
Why Buy Real Estate in Casco Antiguo, Panama City
Casco Antiguo (also known as Casco Viejo) is Panama's most unique and culturally rich neighborhood. Founded in 1673 and declared a UNESCO World Heritage Site, it blends Spanish colonial, French and Neoclassical architecture with vibrant street life, world-class restaurants, boutique hotels and a thriving art scene. Owning a restored property here means owning a piece of history with strong long-term appreciation, high short-term rental demand and a lifestyle that few cities in Latin America can match.
Penthouse Highlights
- Living area: 260 m² / 2,798 sq ft on two levels
- Bedrooms: 2 spacious suites with custom closets
- Bathrooms: 3 fully renovated, premium finishes
- Parking: 2 private spaces (rare in Casco Antiguo)
- Private rooftop terrace with panoramic city and ocean views
- Open layout: living, dining and modern kitchen with island
- Building features: restored Art Deco façade, secure lobby, elevator, private security and social areas
About the Star & Herald Building
Star & Herald is one of the most iconic restored buildings in Casco Antiguo. Originally an apartment-hotel, it offers floor-through layouts ranging from 128 m² to 329 m², combining the soul of an early-20th-century landmark with the comfort, security and amenities expected from a luxury residence today. Few addresses in Panama City offer this level of historical prestige paired with private parking, elevator access and a private rooftop.
Casco Antiguo Lifestyle & Walkability
Steps from the front door you will find the Metropolitan Cathedral, Plaza de la Independencia, Plaza Bolívar, Iglesia San José (Altar de Oro), the Cinta Costera waterfront promenade, art galleries, museums, boutique shops and some of Panama's most celebrated restaurants and rooftop bars. The neighborhood is fully walkable, safe and connected to the rest of the city through the Cinta Costera and the Pacific Avenue corridor.
Investment Potential of Casco Antiguo Properties
Casco Antiguo combines scarcity, heritage protection and rising tourism — a rare formula that has driven sustained appreciation over the last decade. Restored penthouses in landmark buildings like Star & Herald perform exceptionally well in both the luxury rental market and as long-term residences. Limited inventory inside the protected historic core continues to push values up year after year.
Schools and Family Amenities Near Casco Antiguo
Several of Panama City's top international and bilingual schools are within a short drive, including Metropolitan School of Panama, Oxford International School, International School of Panama and Colegio Javier. The historic district itself is family friendly, with parks, plazas, the Biomuseo and the Cinta Costera providing safe outdoor spaces just minutes away.
Frequently Asked Questions About Penthouses in Casco Antiguo
Is Star & Herald a restored historic building?
Yes. Star & Herald is a meticulously restored Art Deco landmark that once housed Panama's leading newspaper. The exterior preserves its original heritage façade while interiors have been fully modernized.
Does the penthouse include private parking?
Yes — this unit includes 2 private parking spaces, an exceptional advantage inside the pedestrian-oriented streets of Casco Antiguo.
Can the property be used for short-term rentals?
Casco Antiguo is one of the strongest short-term rental markets in Panama. Subject to building rules and local regulations, the penthouse is well positioned for premium nightly rates due to its rooftop, location and historic prestige.
What is included in the HOA fee?
The $320/month HOA covers building security, common-area maintenance, elevator service, lobby and shared facilities of the Star & Herald building.
Property Details
- Location: Casco Antiguo, Panama
- Property Type: Apartment
- Price: USD 850,000
- Bedrooms: 2
- Bathrooms: 3
- Area: 260 m²
Investment and Lifestyle Value
Star and Herald Casco Antiguo Panama for Sale offers a focused way to evaluate Panama property ownership in Casco Antiguo, Panama, with local guidance on pricing, availability, due diligence and next steps.
Explore more properties in Casco Antiguo. Browse similar Condos in Panama. Alexander Barrelier — Listing Advisor.
Property FAQs
What sets Star and Herald Casco Antiguo Panama for Sale apart in Casco Antiguo?
Star and Herald Casco Antiguo Panama for Sale is positioned in Casco Antiguo, a part of Panama City buyers consider for its specific identity rather than as a generic luxury address.
What does the floor plan at Star and Herald Casco Antiguo Panama for Sale look like?
Inside, the residence offers 2 bedrooms and 3 bathrooms across 260 m² of interior space. The layout suits a primary residence as well as a lock-and-leave second home.
What is the asking price for Star and Herald Casco Antiguo Panama for Sale?
It is currently listed at USD 850,000. That figure should be read alongside what comparable residences in Casco Antiguo are trading at, not against a national average. Our team can run a side-by-side comparison with active and recently closed listings before you commit.
What is daily life like around Casco Antiguo?
Day-to-day, Casco Antiguo attracts owners who want quiet residential streets, controlled access and short drives to the rest of Panama City for offices, dining and international schools.
Can international buyers purchase this property?
Yes — Panama allows foreign individuals to hold real estate under the same title as nationals. Most international buyers close in their personal name or through a Panamanian holding entity, depending on their tax residency. We coordinate the legal review, escrow and closing steps once you confirm interest.