Apartment for Sale in El Carmen
Sale · Apartment · Ciudad de Panamá, Panamá, Panama — $220,000
- Price: $220,000
- Zone: Ciudad de Panamá, Panamá, Panama
- Type: Apartment
- Operation: Sale
- Bedrooms: 2
- Bathrooms: 2
- Area: 122 m²
- Parking: 2
- Reference: DG-7E10
A 122 m² apartment for sale in El Carmen, Panama City, with two bedrooms, two bathrooms, a service room and two parking spaces, priced at $220,000. It comes furnished and with an equipped kitchen, and the building adds a pool, gym, social area with grill, elevator and visitor parking, all within an established urban sector with parks nearby.
Description
Apartment for sale located in El Carmen, semi-furnished with a beautiful view, close to Parque del Carmen. The apartment has an updated appraisal, and the area offers pharmacies, schools, restaurants, laundries and churches. This apartment features: 122 Mt2 2 bedrooms 2.5 bathrooms Walk-in closet Maid's room and bathroom 2 parking spaces Balcony Appliances In addition, you will be able to enjoy: 24-hour security A/C Pet friendly Security gatehouse Swimming pool Social area BBQ area Party room Gym Visitor parking Power generator 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
- Furnished
- Balcony
- Guest bathroom
- En-suite master bathroom
- Closets
- Equipped kitchen
- Maid's room
- Ceramic / marble flooring
- Laundry area
- Pets allowed
- Paved access
- Social area
- Elevator
- Barbecue / grill area
- Near urban area
- Gym
- Visitor parking
- Nearby parks
- Swimming pool
- Power generator
- Security surveillance
- Children's play area
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.
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Frequently asked questions
How are the 122 m² laid out, and who does this apartment suit best?
The 122 m² are divided between two bedrooms, the primary one with its own bathroom, a second full bathroom, an auxiliary service bathroom, closets, a laundry area and a service room. The living area opens onto a balcony, and the floors are ceramic or marble. It is a comfortable layout for a couple, a small family, or anyone who needs an extra room for staff or for use as a study.
What is included in the sale, and what monthly costs should I plan for?
The apartment is sold furnished, with an equipped kitchen, air conditioning, closets and two assigned parking spaces. The building's maintenance fee and the detail of what it covers are confirmed with the agency according to the administration, as is the exact inventory of furniture that stays with the property. We suggest requesting both documents in writing before signing the promise of sale.
What is living in El Carmen like, and how does the area behave for rentals?
El Carmen is an established urban sector of the city, with paved access, shops and services within walking distance and parks nearby, which makes it attractive both for own use and for tenants looking for a central location. Because the apartment is furnished and pets are allowed, it widens the profile of possible tenants. Before projecting income, it is worth checking with the administration whether the building's rules permit rentals and under what conditions; we can request those rules for you.
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
https://www.panamarealestate.org/property/sale-of-apartment-in-el-carmen-dg-7e10