Apartment for Sale at PH Torres Del Rey

Description

Apartment for Sale in 12 de Octubre, PH Torres Del Rey. Live in a strategically located area. This exclusive, modern open-concept apartment stands out for its distinctive multi-level design, connected by an elegant metal spiral staircase. Its spaces blend contemporary comfort with high-quality finishes, featuring a kitchen with clean lines and marble-style countertops, warm and sophisticated social areas, and functional details that create a welcoming, cutting-edge atmosphere in every corner. This apartment offers: 94 Mt2 3 bedrooms 3 bathrooms 1 parking space Kitchen In addition, you will enjoy: 24-hour security Power generator Excellent visibility Easy access Swimming pool For more information or to schedule an appointment, please do not hesitate to contact us; we will assist you as soon as possible.

Amenities

• Air conditioning
• Closets
• Equipped kitchen
• Extractor hood
• Paved access
• Elevator
• Close to urban area
• Garage
• Visitor parking
• Swimming pool
• Concierge / reception
• Security

Gallery

The area: 12 de Octubre

12 de Octubre is a corregimiento of Panama City in the eastern part of the capital, bordering Río Abajo, Pueblo Nuevo and Parque Lefevre. It is a long-established, densely built urban area, largely residential in character, combining streets of houses with low- and mid-rise buildings and neighbourhood commercial strips. Its central-eastern position gives it access to the main roads linking the banking district with the eastern side of the city, and it is served by the public transport routes that run through the area.

For buyers, the appeal here is practical rather than aspirational: entry prices are lower than in the coastal districts, and steady demand comes from families and workers who want to live close to employment across the city. Most opportunities involve houses, small apartment buildings or commercial ground-floor space, and they suit investors with a long-term view of a consolidated neighbourhood.

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• Apartment for Sale in San Francisco — $150,000

Frequently asked questions

How do 94 m² work with three bedrooms and three bathrooms?

The 94 m² are divided into three bedrooms and three bathrooms, a ratio that leaves little hallway and gives priority to enclosed rooms, so it suits a family that needs separate bedrooms more than a large living area. The kitchen is delivered fitted and with an extractor, and the bedrooms have closets, which cuts down on carpentry work when you move in. During the viewing it is worth measuring the social area and checking which bedroom takes a queen bed with comfortable circulation. DG Group Real Estate can send you the unit floor plan if you prefer to study the layout beforehand.

What does the building offer in common areas and access control?

The building has a pool, elevator, a reception or porter's desk and security personnel, plus visitor parking and paved access. The apartment includes one assigned parking space, so a second vehicle would depend on availability and the building's internal rules. The maintenance fee amount and what it covers are provided in writing on request, together with the co-ownership regulations.

Who is 12 de Octubre a good fit for, as a home or as an investment?

It is an established residential sector inside the city, close to urban services and with paved streets, which makes it practical for someone working in the capital who wants a three-bedroom unit at a contained price. For rental purposes, an apartment with three bedrooms, three bathrooms and parking in a building with security and a pool tends to appeal to families looking for a long stay rather than short-term rentals. Before deciding, we suggest walking the surrounding streets at different times of day and confirming the entry and exit routes to the building. Comparable rental figures for the area are available 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