2-Bedroom Apartment in Ave. Balboa

⌖ Ave. Balboa, Balboa, Panamá

2bedrooms
2bathrooms
1,841sq 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

YOO is a pioneering vision for life and the result of a partnership between real estate entrepreneur John Hitchcox and renowned designer, Philippe Starck. Since 1999, YOO has worked with international developers, designing iconic residential and hotel projects throughout Asia, Australia, Europe, Africa, North and South America as well as the Middle East. A whimsical world of YOO inspired by Starck line style and refined sophistication comes to Panama, with YOO Panama. Located in the heart of Balboa Avenue, a spectacular avenue that borders the sea and offers magnificent views of Panama Bay and the Panama Canal, the 56-story building with architecture by Bettis-Tarazi Arquitectos in collaboration with YOO, dominates the landscape of Panama. A double-height lobby offers ideal spaces to relax and disconnect from everyday life. Residents can also enjoy a spectacular 3,300-foot pool, surrounded by day cabanas to ensure a perfect hideaway and relaxation spaces for the most envied resident in Panama.

Property information

At-a-glance details

Offering: For sale
Title status: Titled property
Interior area: 1,841 sq ft
Asking price: US$465,000

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.