The phantom series I've been trying to find for years. I'm a LatinAmerican anon, never fully watched it, but saw a promo hundreds of times and I'm positive I was able to catch at least 1 episode... so I don't think it was all just a dream.
I'm sure it aired on "HBO Ole" (How HBO was called in Latinamerica around the 90s and early 2000s) in its elusive kids and/or teen blocks.

Show (or movie) is about a cloak and sword hero, who I'm sure dons a Zorro-like costume for, at least, one episode (which I always saw at the promo). The suit reminded me of the Bruce Campbell's Daring Dragoon from "Jack of All Trades" from my pic related (which I saw later to be exact, so the Daring Dragoon actually made me thought it was a live-action version of my mystery hero).
I particularly remember that the location of the story was a city with many buildings, that he hero jumped around rooftops.