Apartment for Sale on Avenida Balboa

Sale · Apartment · Ciudad de Panamá, Panamá, Panama — $299,000

A 202 m² apartment for sale on Avenida Balboa in Panama City, with two bedrooms, one assigned parking space and a storage unit, priced at $299,000. What sets it apart is the unusual amount of space for a two-bedroom layout, the balcony, and a tower with pool, gym, social area, elevator, backup generator, gatehouse and a staffed reception.

Description

Apartment for sale on Avenida Balboa, PH H2O. With ocean views on Avenida Balboa, it also features a ceiling height of 5.60 meters; this space is filled with natural light and offers an incredible sense of openness. The double-height ceilings not only enhance the modern design, but also provide the opportunity to add a second floor or mezzanine of up to 101 m², perfect for creating additional bedrooms, an office, a study or an extra living area. Strategically located, facing the Cinta Costera and with easy access to restaurants, pharmacies and banks. This apartment features: 202 Mt2 2 Bedrooms 1.5 Bathrooms 1 Parking space Pantry Balcony Storage room Air conditioning Walk-in Closet Appliances You will also be able to enjoy: 24-hour security Social area Swimming pool Steam room Jacuzzi Gym Water reserve tank Power generator Party room Pet Friendly This apartment can be purchased furnished or unfurnished, and has a recent appraisal of 360,000 USD For more information or to arrange a viewing, please do not hesitate to contact us; we will assist you as soon as possible.

Amenities

  • Air conditioning
  • Balcony
  • Guest bathroom
  • En-suite master bathroom
  • Closets
  • Ceramic / marble flooring
  • Laundry area
  • Pet friendly
  • Open-plan kitchen
  • Storage room
  • Pantry
  • Paved access
  • Social area
  • Elevator
  • Gatehouse
  • Gym
  • Visitor parking
  • Swimming pool
  • Power generator
  • Concierge / reception
  • Security surveillance
  • Children's play area
  • Sports areas

Gallery

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The area: Avenida Balboa

Avenida Balboa runs along Panama City's waterfront, tracing the bay alongside the Cinta Costera, the public strip of parks and walking and cycling paths that borders it. The avenue links the Casco Antiguo side of the city with Punta Paitilla and edges established neighbourhoods such as Bella Vista and Marbella, close to the banking district. As one of the city's main arteries, its character is defined by high-rise residential towers, offices, hotels and ground-floor commerce.

For buyers, this means apartments in modern buildings, many with views over the bay and the skyline, with amenities and professional building administration. The address appeals to professionals, foreign residents and investors looking at rental demand, given its central position and direct access to the city's principal road corridors.

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Frequently asked questions

What does the building offer someone living here day to day?

The tower has a pool, gym, social area, elevator and visitor parking, along with a gatehouse and reception desk for access control. A backup generator supports the building during power outages, and vehicle access is paved. The maintenance fee and exactly what it covers are confirmed in writing on request, using the current breakdown from the administration.

How are the 202 m² used with only two bedrooms?

With two bedrooms spread across 202 m², both the living areas and the bedrooms are more generous than is typical for this area. The kitchen is open-plan and connects the dining room and living room toward the balcony, and the unit also includes a pantry, laundry area, closets and a storage room. The primary bedroom has an en-suite bathroom and there is an additional auxiliary bathroom; we verify the exact count of full and half bathrooms on the floor plan before your visit.

What kind of buyer does this Avenida Balboa location suit?

Avenida Balboa is a residential and office corridor facing the bay, in steady demand among professionals and those who want tower living with services and direct road access to the rest of the city. That profile makes the area workable for both owner occupancy and long-term rental, and the building allows pets, which widens the pool of possible tenants. Comparable rental figures and occupancy levels within the tower can be prepared with verified data whenever you ask.

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

See more properties in Ciudad de Panamá, Panamá, Panama

Versión en español

https://www.panamarealestate.org/property/sale-of-apartment-in-avenida-balboa-dg-e709