For sale · Costa del Este
US$580,000
Apartment for sale in PH Park Lane, Costa del Este
⌖ Costa del Este, Juan Díaz, Ciudad de Panamá, Panamá
- 3bedrooms
- 3bathrooms
- 2,906sq ft
- 2parking spaces
$Priced in USDClear pricing for U.S. buyers
✓Due-diligence supportIntroductions to independent local professionals
▣Remote viewing availableLive or recorded video walkthroughs
About this property
We present an excellent investment opportunity in PHParkLane, located in the prestigious area of Costa del Este. This exclusive residential building offers security, comfort, and a privileged location, ideal for those seeking a home with a high standard of living.
Apartment Features
3 bedrooms, each with en-suite bathroom
Service bedroom and bathroom
2 parking spaces
2,906 sq ft
Building Amenities
PHParkLane features a swimming pool for adults and children, a fully equipped gym, an event hall, a social events room, green recreational areas, and 24-hour security. It also features a reception lobby, a visitor area, and modern elevators.
Location
Located in Costa del Este, one of the fastest-growing areas in the city, it boasts excellent connectivity with major thoroughfares such as Vía Cincuentenario and the Corredor Norte. It is just minutes from shopping centers such as Multiplaza Pacific, restaurants, schools, clinics, and hospitals. A region designed to offer convenience and quality
Property information
At-a-glance details
- Offering
- For sale
- Title status
- Titled property
- Interior area
- 2,906 sq ft
- Asking price
- US$580,000
Buying in Panama
Common questions from U.S. buyers
Can a U.S. citizen own property in Panama?
U.S. citizens and other foreign buyers can generally acquire real estate in Panama. The property’s title, ownership structure, and any location-specific restrictions should still be confirmed by an independent Panamanian attorney before you sign or transfer funds.
What due diligence should be completed before closing?
Your independent attorney should verify the registered owner and property description at Panama’s Public Registry; search for mortgages, liens, restrictions, pending claims, and tax obligations; confirm the seller’s authority; review building or condominium records; and confirm that utilities and applicable maintenance fees are current.
How does a typical purchase move from offer to ownership?
After the commercial terms are agreed, the parties usually sign a reservation or promise-to-purchase agreement. Once due diligence is complete, the final deed is signed before a Panamanian notary and submitted to the Public Registry.
Can I review and purchase the property from the United States?
Yes. Start with a live or recorded video walkthrough and request the listing documents for independent review. Buyers who cannot attend closing may be able to use a properly prepared power of attorney, subject to Panamanian formalities and their attorney’s advice.
This overview is general information, not legal or tax advice. Buyers should retain independent Panamanian legal and tax professionals for the specific property and ownership structure.
