Luxury Duplex Loft in Prime Area of Avenida Balboa for Sale in Panama City, Panama

Waterfront Duplex Apartment in Prime Area of Avenida Balboa

Lovely contemporary apartment with spectacular ocean views over the yacht club/marina and Panama Bay from 40th/41st floors. For sale direct by owner, no agents please.

Upgraded unit, one of the nicest apartments in the building. There are only 15 of these duplex lofts in the building, two were recently sold for $400k and $430k. The next door building (Yacht Club Tower) is selling at over $2,500/m2, and the current average (9/12) for Avenida Balboa real estate is $2,200/m2.

The building, Sky, is an upscale, secure building (3 years old, with 17 years property tax exoneration) with 3 social areas (floors 8, 9, 50) including large fully-equipped gym and squash court, 25m lap pool, large party room, pool table and cinema. Incredible rooftop lounge area with pool and party room, cool breeze, and great views of the whole city. Plenty of exercise options in-house, and the Cinta Costera is great for walking, running, roller-blading and biking.

Contemporary duplex loft with dramatic double-height living space, high ceilings, polished marble floors, floor-to-ceiling windows, large balcony. 202 m2 (2,175 sq ft), with 2 beds, 2.5 baths, 2 parking spaces, storage space, private elevator. Available fully-furnished and equipped including lights, roller blinds (black-out in bedrooms), TVs, appliances (washer/dryer, dishwasher, microwave, fridge/freezer). HOA fees of $350 per month.

Fully-titled condo in Panama Registro Publico (in my personal name) with no liens of any kind, for safe and secure ownership transfer, to any nationality.

Prime location on Avenida Balboa / Cintera Costera next to Parque Urraca (slated to receive a multi-million dollar facelift in the near future), BBVA HQ, the marina and Yacht Club Tower, and the former US Embassy (recently demolished to make way for new development). This building is located between three of Panama's most expensive condo buildings Yacht Club Tower, Allure and the Intercontinental Miramar. Top-class hotels Miramar, Le Meridien, and Hilton's new Waldorf Astoria are here too.

Short walk along the Cinta Costera to clubs and restaurants of Calle Uruguay, shopping at Multicentro mall, fresh fish at the Mercado de Mariscos, and Casco Viejo (UNESCO World Heritage Site). Just 2 blocks from the Bella Vista (Santo Tomas) stop of the new Metro de Panama subway, due to be completed in 2013. And a couple of blocks away from the Riba Smith supermarket behind Parque Urraca.

This is a high-floor, ocean-front condo, in the heart of a capital city. This is one of the most prestigious locations in Panama City, right on the water.

Panama is one of the fastest growing economies in Latin America, and the new haven for North Americans. It won the top spot in the New York Times "The 45 Places to Go in 2012". The backbone of the economy is the famous Panama Canal, one of the modern wonders of the world (and currently undergoing a multi-billion dollar expansion project). But it also has a fast-growing tourism sector (Tocumen is one of the busiest airports in Latin America), alongside a well-developed financial industry with a global reputation as a reliable offshore banking location. Panama City, the capital, is a thriving combination of the old (Casco Viejo) and ultra-modern (Avenida Balboa). It's a safe city, with a low cost of living, and low property taxes & HOA fees.

Or, rent for $2,900 per month inclusive of gas, water, maintenance.

See youtube link below for virtual viewing. More information at skypanama dot co with information, floor plan, lots of photos.