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Pan American MLS

 
 
Developments in Panama City (pre construction sales)
 
Panama City has a major building boom underway with over 170 building approved and under construction and over 120 building are in the planning and approval stage located in and around central Panama city.  Modern high rise multiple living units are from 65 meters to over 500 meter pent house homes with asking prices from $55,000 to over $1 million US dollars.  

Units are typically priced from $1,200 to over $3,500 per sq Meter depending on the buildings location, ocean view, size, amenities, and services.  Many units sold are unfinished so it is important to know what you are getting, how finished, quality of appliances and finishes, which floor, view, home owners cost, add on developers cost, taxes, contract clauses, and restrictions.

In the last 12 months property prices have inflated considerably due to heavy promotion, speculators entering the market, and Panama becoming known as a place to live less expensively in a world class city and country which is safe, free of natural disasters, special low cost advantages for retires, excellent low cost medical services, and up to 25% retirement discounts on food, travel, hotel, drugs, electricity, etc.

Preconstruction property is listed on the MLS.  This property may de sold by the developer, realtors or buyers which have purchased and are flipping the property for profit with out intent of aver moving into the unit(s) purchased.

It is very important for you to work with MLS realtors, developers, and builders to understand the benefits and pitfalls in purchasing a future home which is under construction for delivery in a few months or years in a market that has experienced speculation and large price increases.

Many preconstruction building can be purchased directly from the developers sales staff or MLS realtors.  View the MLS listings to see details on buildings under construction and offering pre delivery sales.   In all cases, if you are intending to purchase property to live in, it is important for you to visit Panama and view the Buildings and work with bonded professional real estate offices.
 

MARBELLA
Sol Marina
Location: Marbella
Size: 2,582 sq ft
Main Features: city views, pool, gym/spa, valet parking, concierge
Price Range: from US$276,000
More Information
SAN FRANCISCO
Edificio Cabomarzo
Location: San Francisco
Size: 1,430 and 1,690 sq ft
Features: 2 apartments per floor, pool, gym/spa
Price Range: starting at US$174,000
More Information
 
CLAYTON
Clayton Park
Location: Clayton
Size: 123 mt2 to 142 mt2
Features: Elevators, security gate at the entrance, 2 parkings per apartment, garage door, visitors parking, just minutes away from a mall with pharmacy and bank. More Information
AVENIDA BALBOA
H2O on the Ocean
Location: Ave. Balboa
Areas: 82mt2, 84mt2, 97mt2, 141mt2, 280mt2.
PH: 158mt2, 257mt2, 280mt2, 297mt2, 340mt2
Features: Ocean view, security, laundry, party room, gym, roofed garage, terrace, living room & dinning room, social area.

 

 

 

 

VIA ESPAÑA
Splendor by the Park
Location: Via España
Size: 61 mts2 to 79 mta2
Features: All apartments have balcony and enjoy a spectacular view of the Omar Park or the City of Panama, 2 elevators, cable TV and A/C outlet, electric access gate, security booth, social area with swimming pool, bar, gym, children playground.
More Information
PARQUE LEFEVRE
Prisma
Location: Parque Lefevre
Areas: 61.5 – 67.5 – 87 square meter
Features: All apartments have balcony and enjoy a spectacular view of the Pacific Ocean or the City of Panama, 2 elevators, cable TV and A/C outlet, electric access gate, security booth, social area with swimming pool, bar, gym, children playground.
More Information
AV. ARGENTINA
Mediterraneo Loft
Location: Via Argentina
Size: 430 – 807 sq ft
Features: gym, pool
More Information
AMADOR
Amador Hill
Location: Amador, at the Pacific entrance to the Canal
Size: 1,668 sq ft
Main Features: spectacular views of the Canal, Casco Viejo and the City
SOLD
PUNTA PAITILLA
Perla del Pacifico
Location: Punta Paitilla
Size: 2-3 bedrooms
Main Features: ocean view
Price Range: from US$108,000
More Information
PANAMA BANKING CENTER
Torre Cosmos
Location: Banking Center
Size: 2-3 bedrooms
Price Range: from US$70,400
More Information
COSTA DEL ESTE
Altamar del Este
Location: Avenida Paseo del Mar – Costa del Este
Size: 2,873 and 3,142 sq ft
Features: tennis courts, gym/sauna, playground, storage
Price Range: US$370,00 and US$450,000
More Information
COSTA DEL ESTE
Park Avenue Tower
Location: Costa del Este
Features: high-end finish, ocean views, meditation garden, pool, gym/spa
AMADOR
360º
Location: Amador
Size: 1,020 to 3,000 ft2
Features: Each apartment has been planned to offer a personal and lasting experience of comfort and contact with the environment through great, open loft-type spaces.
More Information
FORMER PANAMA CANAL ZONE AREA
PanCanal View
Location: Former Panama Canal Zone Area
Features: Is a closed residential Complex with latest security system consisting in Three Towers of 40 stories each. All dining and living area has magnificient view towards the Canal, tropical forest and Panama City all together can be viewed by most rooms
More information
PUNTA PACIFICA
Dupont
Location: Punta Pacifica
Features: panoramic ocean views
Price Range: US$1,700 – US$2,360 per m2
More Information
PUNTA PACIFICA
Pacific Village
Location: Punta Pacífica
Size: 1,808 – 4,950 sq ft
Features: panoramic ocean views, tennis courts, social areas
Price Range: from US$230,000
More information
SAN FRANCISCO
Proyectos Terra

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COSTA DEL ESTE
Parque del Mar

 

 

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Last modified: 12/21/07