For buyers seeking luxury, room, and magnificent views in one of the most stable and sought-after real estate markets in Latin America, buying a penthouse in Panama gives them an opportunity they probably can’t resist. Any top-floor residence attracts individuals seeking a luxurious lifestyle, whether it’s a primary home, a vacation retreat, or a long-term investment.
Penthouses in Panama can vary widely in size, amenity, and location. Some of the most luxurious neighborhoods in Panama City are Punta Pacífica, Costa del Este, and Avenida Balboa, which typically feature units sprawling over more than 3,000 square feet, floor-to-ceiling windows, private terraces, rooftop pools/jacuzzis, and luxurious finishes such as marble flooring, custom cabinetry, and intelligent home systems. Many times, the buildings include 24-hour security, concierge, fitness facilities, social areas, and valet parking for a complete service residential experience.
When it comes to pricing, depending on the view, interior space, and exclusivity of the development, a penthouse in Panama City generally sells for anywhere between $500,000 and more than $2,000,000. Outside the city limits, beachfront penthouses in areas like Coronado or Playa Caracol offer a more relaxed lifestyle, complete with resort-style features and direct beach access. This provides buyers looking for a vacation home or an income-producing rental with good options.
For foreign buyers, Panama remains a viable option due to its dollar-based economy, friendly treatment of investors, and residency programs that benefit retirees and property investors. Political stability, reliable infrastructure, and accessibility to North and South America make Panama a favorable market for international real estate investment.
In summary, if you’re looking to buy a penthouse in Panama, you get luxury living and also long-term value. If your interest is piqued by ocean views, high-end amenities and investment value, Panama offers numerous options to meet the demanding lifestyles based on affordable prices in a rapidly growing property sector.
As a buyer or investor in a luxury beachfront condo in Panama City, Panama, you have a unique opportunity to own property with direct access to the Pacific Ocean. You will be located in one of the most exciting and cosmopolitan parts of Central America, with a beautiful view of the sea in a brand new modern building, close to all that Panama City has to offer.
Most of the waterfront condos are in the Punta Pacifica, Costa del Este, and Avenida Balboa neighborhoods. They are built as upscale residential towers with high-end finishes and details, floor-to-ceiling windows, private balconies, and amenities like swimming pools, gyms, concierge service, and security 24/7. Most have spectacular panoramic views of the ocean (which come at a premium) that buyers seeking a sanctuary amidst the urban setting find appealing.
Beachfront condos in Panama City vary in price based on location, size, and building features. Development continues at a rapid pace, and the community also has resale properties available. A one-bedroom unit in a more affordable building may start around $250,000. On the other end of the spectrum, a larger luxury apartment in a premium building, with ocean views, can go for more than $1 million. The real estate market will include new buildings and pre-construction developments, resale apartments, and bargain basement deals, giving buyers plenty of options for their budgets and investment holds.
Owning a waterfront property in Panama City certainly has many advantages, but one of the biggest advantages is the balance between a coastal lifestyle and urban conveniences. This combination provides residents with easy access to shopping malls, international schools, hospitals, financial districts, and an ever-growing list of restaurants, parks, and entertainment. For digital nomads, retirees, and international investors alike, this mixed-use property blend continues to be appealing.
Additionally, Panama offers favourable tax incentives along with a strong legal system for foreign property occupancy, which only increases its attractiveness as a property destination. Panama is one of the top property investment destinations in Latin America, with a U.S dollar-based economy, a stable government, and defined international flights.
In conclusion, beachfront condos in Panama City provide the rare opportunity to own a coastal property, while not losing access to the amenities of a thriving urban setting. In the market for a full-time residence, vacation property, or investment opportunity, Panama City beachfront condos are an attractive and smart choice in the regional property market.
Playa Caracol Las Olas Penthouse for Sale is a residential and vacation development located in Punta Chame, Panama, that is characterized by beachfront properties and beautiful natural spaces. The community offers direct access to one of the longest and quietest beaches along Panama’s Pacific coast, making it appealing for families, retirees, and investors who love the beach lifestyle and want to combine their beach life with modern conveniences.
The development features apartment, townhouse, and villa-style properties, with all designs focused on maximizing ocean views and natural light, and ventilation. Many of the residential units have modern finishes, open concept floor plans, and are provided with private balconies or terraces. Playa Caracol’s layout makes access to outdoor space easy, and its communal pools, barbecue areas, and green spaces provide enhanced interaction with nature.
Playa Caracol’s location means that it is peaceful but with access to key services, and is close enough to urban centers. Playa Caracol is just over 90 minutes to Panama City and about 15 minutes to Coronado, a larger town with supermarkets, medical clinics, schools, and leisure activities. This proximity makes Playa Caracol ideal for anyone looking for a town on the beach, but also wants to be able to access convenient amenities.
This area is especially popular with water sports enthusiasts because of the beach’s constant winds that favour surfing and kiteboarding in the dry season. The gated community provides security, and the maintenance of the area ensures a pleasant experience for residents and visitors alike.
Those investors who are viewing Playa Caracol as a potential investment typically regard it as a good investment since there is increasing demand for beachfront properties in Panama and the community has established itself as a safe, family-friendly, and naturally beautiful area. Regardless of whether the purchase is for a primary residence, a vacation home, or a rental property, Playa Caracol combines coastal appeal with convenience, making it a unique opportunity in Panama’s real estate landscape.
The largest unit in the project and boasting 347 square meters of oceanfront living, this fully furnished penthouse with a large terrace includes 4 air-conditioned bedrooms, 6 bathrooms, a family room, maid’s quarters, and central A/C in the kitchen.
In addition, the penthouse has a grand piano, a marble and wood bar, a wine cellar, and high-end finishes throughout. The penthouse is reflective of both comfort and luxury, both for entertaining and for everyday living.
Yes, it comes fully furnished and equipped, including the appliances, air conditioning in all bedrooms and the kitchen, and furniture that was intentionally chosen to complete the upper-end design.
The property has 4 private parking spots, which is a rare plus in a beachfront property that adds value for long-term convenience.
The listed price is $1,250,000. This is reflective of the size of the apartment, ocean view, luxury features, and prime location in Playa Caracol.
Playa Caracol Las Olas Penthouse Features:
You can enjoy luxury coastal living in the biggest penthouse of the Playa Caracol Las Olas project. The 4-bedroom ocean-view residence is fully furnished and has an expansive terrace, 4 bedrooms complete with A/C, a family room, dining room, living room, and a kitchen with A/C. The unit is equipped with premium features like a grand piano, a wood and marble bar, a wine cellar, 6 bathrooms, a maid’s quarters with a bathroom, and 4 parking places.
Apartment Features:
Asking Price: $1,250,000
HOA: $821.96
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