1-Bedroom Apartment in Ave. Balboa

⌖ Ave. Balboa, Balboa, Panamá

1bedroom
2bathrooms
1,119sq ft
1parking space

$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

This 1,550 sq ft apartment has been specially prepared to make it available to people who are accustomed to luxury and good taste, suitable for those people who like to live surrounded by good taste and a super privileged area here in Panama City, all people always seek to reach a comfortable spacious place, with freedom of action, well located, with a lot of neatness and cleanliness, top quality levels, wifi to connect their personal computer, surveillance in the Building 24 hours a day, concierge all day, social area, terrace with views of the sea and the coastal strip, covered parking for one vehicle, four elevators for 8 people. The location of this apartment is first class, it is surrounded by Pharmacies, Banks, Exercise Parks, Gyms, Restaurants, Nightclubs, Pizzerias, Fast Food, Supermarkets. Excellent location on Avenida Balboa in front of the Cinta Costera. from Panama City. 2 bedroom apartment $295,000. 1 bedroom apartment $260,000.

Property information

At-a-glance details

Offering: For sale
Title status: Titled property
Interior area: 1,119 sq ft
Asking price: US$295,000

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.