2-Bedroom Apartment in Ave. Balboa

⌖ Ave. Balboa, Balboa, Panamá

2bedrooms
5bathrooms
1,894sq ft
4parking 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

In a residential and central area is the “Tu Estilo” apartment with access to all the main roads of the city, parks, banking center and shopping centers in the center of Panama City. This magnificent and elegant building has a large main lobby, total 24-hour security, electric intercom, two elevators, visitor parking, storage rooms, and power plant. The social area has a swimming pool, children's play area, event room, gym area, bathrooms with sauna, kitchen and bar.

Property information

At-a-glance details

Offering: For sale
Title status: Titled property
Interior area: 1,894 sq ft
Asking price: US$400,000

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.