New Year, New Home: Panama’s Luxury Apartments for Expats

Panama is now one of the most attractive places to move for expats who are looking to upgrade their lifestyle without overpaying. Developers are responding to demand from international buyers by building luxury apartments in Panama with all of the upscale finishes and smart layouts you’re used to back home, plus access to bustling retail and business hubs.

 

What areas should you look at if you want to see luxury apartments in Panama?

 

Located near the financial center and major corporate headquarters, Costa del Este appeals to professionals who want to live somewhere that resembles home. The wide streets and planned green spaces keep traffic flowing and give the neighborhood a polished suburban feel. This part of the city also has quick access to Tocumen International Airport, so you shouldn’t find it difficult to get in and out for work or leisure.

 

Residential towers here feature round-the-clock security and covered parking. Most apartments have ocean views, and most buildings include fitness facilities.

 

Meanwhile, Bella Vista is for buyers who are looking for luxury apartments in Panama that are located closer to cultural attractions and recreation. It borders the Cinta Costera and Balboa Avenue — two of the city’s most scenic and active public areas —, so you are never too far from malls, galleries, and restaurants. In fact, you can walk everywhere. The area stays busy throughout the day and into the evening.

 

How much should you expect to pay for a luxury apartment in Panama?

 

A three-bedroom luxury apartment in a desirable expat-friendly neighborhood typically starts around $300,000. Compared to similar properties in US cities, luxury apartments in Panama give you more square footage and higher-quality finishes for the same investment.

 

What is the purchase process like?

 

Panama uses a titled property system, and the public registry is fully digital, so you can safely verify ownership and legal details before completing a sale. Foreigners are allowed to legally own property here, and financing is available.

 

Wondering what you can get for the budget you had in mind? Have a look at the luxury apartments for sale here at Panama-Real-Estate.com to see what’s out there.