APARTMENT FOR SALE IN EL CARMEN

Description

Apartment for sale in an unbeatable location: wonderfully quiet yet extremely central, just a few minutes' drive from the most important points within Panama City. It is only a 5-minute walk from the Metro, from a wide selection of private schools and from Benito Juárez Park. It is also just steps from the vibrant Vía Argentina, making it ideal for families and young couples thanks to the park and the countless array of restaurants and entertainment venues. This apartment features: 120 Mts 3 Bedrooms 3 Bathrooms 2 Parking spaces In addition, you will be able to enjoy: 24-hour security Social Area Party Room Pool Visitor parking Includes all high-end appliances, inverter A/C units and furniture. For more information or to arrange a viewing, please do not hesitate to contact us; we will assist you as soon as possible.

Amenities

• Balcony
• Guest bathroom
• En-suite master bathroom
• Fitted kitchen
• Panoramic view
• Laundry area
• Single-family
• Social area
• Elevator
• Garage
• Guardhouse entrance
• Pool

Gallery

The area: El Carmen

El Carmen sits at the heart of Panama City, along the urban corridor that links the banking district with the residential areas to the east. It takes its name from the historic church at one end of the neighbourhood and borders established districts such as Bella Vista and Obarrio. The area is mixed in character: quiet residential streets, apartment buildings from several decades, offices and everyday local commerce, all crossed by some of the capital's main avenues.

For buyers, El Carmen's appeal is its central position. Work, shopping and public transport along the main corridors are all close at hand, without leaving a genuinely residential setting. The neighbourhood draws professionals, families and investors looking for steady rental demand from people employed in the city centre. Stock ranges from spacious older apartments to newer construction.

Similar properties

• Apartment for Sale in El Carmen — $220,000
• House for Sale in El Carmen — $620,000
• House for Sale in El Carmen — $680,000
• Apartment for Sale in San Francisco, PH X The Building — $243,000
• Apartment for Sale at PH Azurre 42 — $249,000
• Apartment for Sale with Appliances at PH Fairmont Plaza — $240,000

Frequently asked questions

What kind of buyer does this three-bedroom, three-bathroom layout suit best?

The pairing of three bedrooms with three bathrooms, one of them en-suite in the primary bedroom plus a guest bathroom, works well for a family that needs separate rooms or for someone who wants a bedroom for an office or visitors. The separate laundry area and the fitted kitchen mean you can move in without renovation work. The two parking spaces are useful for a household with two vehicles, which is not always available in this area. We can arrange a viewing so you can check dimensions and the orientation of each room.

What does the building offer beyond the apartment itself?

The building has a pool, a social area, an elevator, a garage and a gatehouse with access control. These are common areas used daily, so it is worth walking through them during the viewing to see their condition and hours of use. The maintenance fee amount and the internal co-ownership rules are provided in writing on request, together with confirmation that the apartment's account is current.

What is it like to live in or rent out in El Carmen?

El Carmen is an established residential sector of Panama City, with settled streets, neighborhood commerce and good connection to the capital's main road corridors. That central position makes it attractive both for owner-occupiers and for renting to tenants who work in the city. If renting is your aim, we review the building's rules on leasing with you and share references on how the sector has been performing.

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