Luxury Penthouse for Sale in Panama

Affordable Luxury in the City - Reduced for Medical Reasons!

Luxury Living in Panama

We've all heard the hype: “Twice the living for half the price”. While that may be an exaggeration, it is certainly true that you can live luxuriously in Panama for less than in most other places.

This two floor, 462 m2 (4976 square feet) penthouse is a perfect example of the truth of that statement. Though literally surrounded on 3 sides by the hustle and bustle, the conveniences, and the easy access to almost anywhere in the country you wish to go, here in Coco del Mar you will enjoy a quiet neighborhood with fantastic views of the city and ocean accompanied by the joyful songs of birds lighting on your deck railing. The near-constant breeze makes the need for air-conditioning almost non-existent, and the tropical warmth means never needing heat. You will be just minutes away from modern shopping centers, including the largest, most modern Malls in Latin America.

You enter on the Seventh floor to a gracious entry hall which opens onto a large covered deck with built in bar and barbecue, ceiling fans, lights and seating area. The view from this large deck is fabulous. With 687 square feet of space, you will have plenty of room for entertaining friends, making this a wonderful place for an intimate gathering or a rousing good party.

From the comfort of the deck you can enjoy the cool breezes, the fantastic view, and the songbirds and hummingbirds which will come to your feeders.

The living/dining room is very spacious at over 525 square feet and features one of a kind imported tiles and pin spotlights to accent your art work. Window treatments and curtains throughout the apartment are included. There is a half-bath for the convenience of your guests.

The eat-in kitchen is convenient for everyday dining, and you will love the center island for ease of food preparation, granite counter tops and included upscale appliances.

The maid's room (with ample closets and a hot water bath) and the laundry room are just off the kitchen. The laundry room is equipped with a washer, a dryer, a large utility sink, shelving, and has space for two laundry tables and a second refrigerator.

A beautiful staircase leads to the sixth floor with five bedrooms, a family/game room and an office/library. There is central air conditioning provided for all the bedrooms. Coved ceilings are featured in the family/game room as well as the master bedroom. Sliding wooden pocket doors with glass panes separate the family/game room from the elegant office area.

The sixth floor (with its own separate entry), like the seventh, makes extensive use of custom crafted red cedar hardwood. Pocket doors on both floors, hand crafted deck doors, and extensive closets and cabinetry throughout. All bedrooms have oversize doors, and all doors are solid core wood, something one seldom sees.

The family/game room is large enough to accommodate a billiard table, and one of the guest bedrooms now serves as a well-equipped gym.

The office has floor to ceiling library shelving and cabinets with computer space, glass backed small bar, and display areas for small artifacts .

The stunning master bedroom is airy with plenty of natural light, a nice view of the city and windows for nature's own cooling breezes. Extensive built-in closet space is located in the en suite bathroom. A small balcony is outside the master bedroom and provides a soothing place for your morning coffee.

The oversize master bath features a jacuzzi tub and plenty of closet space, as can be seen in the mirror reflection. Plus there are four guest bedrooms, all having one wall (or more) of solid custom made built-in wood closets and drawers. Three of the four have en suite bathrooms, and all five bedrooms are serviced by central air conditioning.

General Information:

The apartment was designed with natural lighting and cooling in mind with many windows taking advantage of the almost constant breezes and stunning bay to city views.

All ceiling fixtures have been updated and ceiling fans added throughout the apartment.

Mexican paver floors have been recently installed and special tiles are used in the living room, entry hall and covered deck.

There is a separate enclosed bodega/storage area leading off the family/game room as well as additional closed off bodega/storage space under the stairs.

The penthouse apartment includes four covered parking places in the building garage as well as an additional bodega/storage room next to the parking spaces.

The building has only eleven apartments on seven floors and features guest parking, a small pool, patio and green area along with a party room. A water tank and back-up generator guarantee no interruption in your services.

There is a building attendant 24 hours per day with separate entry video screens and intercoms in all apartments.

Priced at almost one-third the price of a comparable new-construction apartment, also in a top neighborhood, at $1223 m2 ($113.55/sf), this apartment proves that there are still bargains to be found in the Panama Real Estate market.

Total price: Reduced from $635,580 to only $565,000!


Approximate Measurements
Entry hall - 29.5' x 10'
Living room - 21.5' x 24.5'
Deck - 27.5' x 25'
Kitchen - 13' x 24'
Laundry room - 14.5' x 10'
Maid's room - 12' x 12'
Family/game room - 30' x 12.5'
Office/library - 13' x 12'
Hall to master bedroom - 12' x 5'
Master bedroom - 23' x 13'
Master bedroom balcony- 8' x 4.5'
Master bathroom - 13' x 14.5
Guest bedroom #1 - 12' x 17'
Guest bedroom #2 - 12' x 15
Guest bedroom #3/small gym - 11.5' x 12'
Guest bedroom #4 - 11' x 12.5'
Deposito on 6th floor - 12' x 5.5'
Deposito under stairs - 4' x 4'
Private garage deposito - 8' x 3.5'

For more information contact:
Catherine McCabe
E-mail: Mzcat369@
Telephone: 322-2489
Cellular: 6679-7322
US Phone in Panama: (818) 284-4543