El Cangrejo OPPORTUNITY 2-bedroom apartment at 190K

Description

El Cangrejo, a great buying opportunity: a 95m2 apartment featuring a balcony with panoramic views, living-dining room, kitchen and laundry area equipped with white goods, two bedrooms, two bathrooms and two parking spaces. The PH offers a power generator, water tanks, lobby, 24-hour security, concierge and social areas. BROKERS WELCOME

Amenities

• Pet friendly
• Water
• Balcony
• Equipped kitchen
• Handicap access
• Paved access
• Fruit trees
• Social area
• Elevator
• Garage
• Gatehouse
• Nearby parks
• Swimming pool

Gallery

The area: El Cangrejo

El Cangrejo is a central Panama City neighbourhood within the Bella Vista district, bounded by major arteries including Vía España and Vía Argentina. Laid out in the mid-twentieth century, it retains tree-lined streets and mid-rise buildings alongside newer residential towers. It is a genuinely mixed area, combining housing with shops, offices and hotels, and it remains one of the more walkable parts of the city.

For buyers, this means an established, well-connected location with access to the metro and to the main road corridors leading across the city. Stock ranges from generously sized older apartments to newer construction in a variety of bedroom counts. The area draws local residents, foreign professionals and investors looking at urban rental demand rather than purely seasonal or coastal appeal.

Similar properties

• APARTMENT FOR SALE ON VIA ARGENTINA — $190,000
• Apartment for Sale in El Cangrejo, PH Mandalay — $195,000
• Loft Apartment for Sale in El Cangrejo — $210,000
• Apartment for Sale in El Cangrejo — $220,000
• Apartment for Sale on Vía Argentina — $250,000
• Apartment for Sale in El Cangrejo, PH Miro — $265,000

Frequently asked questions

How are the 95 m² laid out, and who does this apartment suit best?

The 95 m² are divided between two bedrooms, two bathrooms, the fitted kitchen and the living area, which opens onto the balcony. It is a comfortable layout for a couple, for someone working from home, or for a small family that needs a second bedroom. Two parking spaces are unusual in an apartment of this size and make a difference if the household has two vehicles. We can arrange a viewing so you can walk through the rooms and confirm the dimensions of each space.

What does PH Portobello offer its residents?

The building has a pool, a social area, an elevator, garage parking, a gatehouse at the entrance and disabled access, along with paved access and fruit trees in the grounds. Pets are permitted, which is not always the case in buildings in this area. The exact maintenance fee and what it covers are provided in writing on request.

What is day-to-day life in El Cangrejo like?

El Cangrejo is one of the most walkable sectors in the city, with tree-lined streets, neighborhood businesses, offices and nightlife within a few blocks, plus parks close to the building. That mix keeps demand steady from both residents and tenants, including professionals and students. If renting out the unit is part of your plan, it is worth reviewing the co-ownership rules on leases and minimum terms; we can send you that document on request.

Can a foreigner buy property in Panama?

Yes. Panamanian law grants foreigners the same ownership rights as nationals, with no residency requirement and no local partner. Specific restrictions apply to land near the borders. We guide you through every step of the process.

What costs should I expect beyond the price?

In addition to the purchase price, you should budget for transfer tax, notary fees, registration with the Public Registry, and legal fees. We provide the exact breakdown for this property before you sign the purchase promise.

Your advisor

DG Group Real Estate — licensed brokers in Panama City. We guide you from the first viewing through to registration with the Public Registry. +507 6528-6434