Apartment for Sale in El Cangrejo, PH Mandalay

Description

Apartment for sale, located in El Cangrejo. It features 3 spacious bedrooms, each with its own closet, 2 parking spaces and an excellent layout that ensures comfort and functionality in every space. Enjoy abundant natural light, plus a balcony with panoramic city views, ideal for unwinding at the end of the day. An excellent place to live or invest in one of the most central and dynamic areas of the city. This apartment features: 120 Mt2 3 Bedrooms 2 Bathrooms Balcony Maid's room and bathroom Storage room 2 Parking spaces In addition, you will be able to enjoy: 24-hour security BBQ area Swimming pool Visitor parking Water reserve tank Power generator *Currently tenanted, ideal for investors. For more information or to schedule a viewing, please do not hesitate to contact us; we will assist you as soon as possible.

Amenities

• Air conditioning
• Balcony
• En-suite master bathroom
• Water heater
• Intercom system
• Closets
• Fitted kitchen
• Maid's room
• Panoramic view
• Laundry area
• Semi-detached
• Paved access
• Social area
• Elevator
• Barbecue / grill area
• Close to urban area
• Schools / universities
• Garage
• Gatehouse
• Gym
• Visitor parking
• Nearby parks
• Swimming pool
• Power generator
• Public transport nearby
• Security surveillance
• Children's play area
• Residential area
• Green areas
• Tourist areas
• Commercial area
• Sports areas

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.

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Frequently asked questions

How does the 120 m² layout work for a family?

There are three bedrooms and two bathrooms, with the primary bedroom having its own en-suite, so the other two share the second bathroom. The apartment also has a service room, a separate laundry area, closets and a fitted kitchen, which keeps the working areas away from the living space. The balcony with panoramic views extends the living area outdoors. If you would like to review the floor plan with room-by-room measurements, we can send it on request.

What does the PH Mandalay building offer residents?

The building has a gatehouse, intercom, elevator, gym, a social area and a barbecue or grill zone. The unit comes with two garage parking spaces, which is not always available in apartments at this price range in the area. The exact maintenance fee and what it covers are confirmed in writing before any offer is made.

What is living or renting in El Cangrejo like?

It is an established urban district of the city, with schools and universities in the surrounding area and much of the day-to-day services within walking distance. That profile keeps demand steady from families as well as tenants tied to academic and professional life. If your interest is rental, we can share recent comparables for three-bedroom units in the district so you can review real figures.

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