3-Bedroom Apartment in Costa del Este

⌖ Costa del Este, Cerro Azul, Panamá

3bedrooms
3bathrooms
2,497sq ft
3parking 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

Costa del Este, Latitude 2,497 sq ft, Den + 3 Parking Spaces Spectacular 2,497 sq ft apartment with eternal ocean views. It consists of a large balcony, individual den, living room, dining room, guest bathroom and three large bedrooms (the main one with a private balcony with views of Cerro Azul and all with air conditioners). It also has three parking spaces, a private storage room, security meshes around the entire apartment, moldings on the ceilings, gypsum work, internal speaker wiring system in the living room and balcony, and overhead furniture in the laundry room. The building is very well maintained and has swimming pools for adults and children, gym, sauna, children's park, party room and closed play area for younger children. The apartment has a 14-year tax exemption that makes a big difference over a new apartment which only has a 5-year tax exemption.

Property information

At-a-glance details

Offering: For sale
Title status: Titled property
Interior area: 2,497 sq ft
Asking price: US$588,000

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.