VIEJO Residences
Puente del Rey, Panamá
Real Estate | VIEJO Residences
Starting from just USD 300,000, this rare investment opportunity includes two fully furnished, income-generating properties in the heart of Panama City. Strategically positioned in the UNESCO-listed Old Town—home to rich cultural heritage and modern conveniences—the project offers 5-year guaranteed returns of 3% through chartered leases, with projected rental yields reaching up to 7.94% annually.
Situated just 500 meters from major multinational offices such as Huawei, Samsung, and L’Oréal, the properties benefit from strong corporate rental demand and an unbeatable location. The developer provides a 5-year leaseback arrangement, covering maintenance costs and offering a net guaranteed return, with any surplus distributed based on actual rental performance—a structure rarely seen in the local market.
With property prices starting as low as USD 2,600 per square meter, well below the USD 4,000–5,000 average in nearby districts, investors gain access at local pricing with premium rental terms. As the surrounding historic area continues to undergo revitalization, the capital appreciation potential is significant—positioning this project as a standout opportunity in Panama’s booming real estate sector.
Key Facts
Holding period
5 years
Property type
Residential
Total Area
5 floors + working areas, swimming pool, gym, event hall, barbecue area, supermarket, multi-purpose court, children's entertainment space, pet area, parking building
Number of unites
40
Address
507, 1ra Puente del Rey 186, Panamá, Provincia de Panamá, Panama