House for Sale in El Carmen
Sale · Apartment · Ciudad de Panamá, Panamá, Panama — $680,000
- Price: $680,000
- Zone: Ciudad de Panamá, Panamá, Panama
- Type: Apartment
- Operation: Sale
- Bedrooms: 4
- Bathrooms: 5
- Area: 562 m²
- Parking: 4
- Reference: DG-F27F
A 562 m² residential property for sale in El Carmen, Panama City, with 4 bedrooms, 5 bathrooms and 4 parking spaces, priced at $680,000. It brings together spaces that rarely appear in the same home: a library/study, auxiliary dining room, pantry, multipurpose room, service quarters, storage, a barbecue area, fruit trees and a panoramic view.
Description
House for Sale in El Carmen. This charming corner house welcomes you with a beautiful garden at the entrance, setting the tone for a fresh, inviting atmosphere. Spread over three levels, each bedroom features its own private bathroom and abundant natural light. It also offers two driveways for easy access. Among its greatest attractions are the garden and the terrace, ideal spaces to relax or enjoy time with family. Located in a prime, safe area with excellent connectivity. This house features: 466 Mt2 of constructed area 562 Mt2 of land area 4 Bedrooms 5.5 Bathrooms Walk-in closet Family den Study or office Maid's room and bathroom 2 Storage rooms Air conditioning units 4 Covered parking spaces You will also enjoy: Terrace Gardens Fruit trees Green area Patio 2 Entrances *Includes 5 years of tax exemption. *Includes an independent space with bathroom (in grey shell condition) For more information or to schedule a viewing, please do not hesitate to contact us; we will get back to you as soon as possible.
Amenities
- Air conditioning
- Guest bathroom
- En-suite bathroom in master bedroom
- Water heater
- Closets
- Fitted kitchen
- Storage room
- Maid's room
- Panoramic view
- Laundry area
- Library/study
- Breakfast nook
- Pantry
- Multipurpose room
- Paved access
- Fruit trees
- Barbecue / grill / quincho
- Close to urban area
- Schools / universities
- Garage
- Garden
- Visitor parking
- Nearby parks
- Patio
- Terrace
- Public transport nearby
- Commercial area
- Residential area
- Green areas
- Tourist areas
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 562 m² divided between private and social areas?
The layout includes 4 bedrooms and 5 bathrooms, among them an en-suite bathroom in the primary bedroom and an auxiliary bathroom for guests, plus service quarters with their own area. The social side extends well beyond the living room and main dining room: there is an auxiliary dining room, a multipurpose room and a library/study that can work as a home office. Domestic support is covered by an integrated kitchen, pantry, laundry area, storage and closets, and the property has air conditioning and a water heater. Floor plans with room-by-room measurements are sent on request.
What kind of buyer does this property suit best?
With 562 m², 4 bedrooms and service quarters, it answers to a family that needs real space and permanence rather than a buyer looking for a compact unit. The 4 parking spaces with garage accommodate several vehicles at the same residence, which is uncommon in the city. The barbecue area, fruit trees and panoramic view push daily life outward, and the library/study allows working from home without giving up a bedroom.
What should a buyer verify before closing on this property?
We recommend reviewing the registry record to confirm how the property is titled and the exact construction and land measurements, since marketing material can describe a home in summary form. It is also worth requesting the statement of common expenses or maintenance fee, if it applies to this property, along with the Public Registry certificate and proof that property tax is current. The fee amount, closing costs and estimated timelines are provided in writing on request, with the figures in force at the time of your inquiry.
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
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