The Kitchen
1 appliances included
2-Bedroom Apartment at Waters on the Bay Avenida Balboa
A 123 m² Waters on the Bay residence with terrace
Avenida Balboa, Panamá
Active
$385,000
USD$3,130 / m²
- 2Bed
- 2Bath
- 123 m²1,324 ft²
- 1Parking
Overview
Set on Avenida Balboa, this 123 m² apartment at Waters on the Bay brings two bedrooms and two bathrooms together with a private terrace and one parking space. Built in 2011, it offers a comfortable city residence in one of Panama City’s best-known avenues, with the building’s shared amenities close at hand. The apartment is equipped with air conditioning and white goods, with curtains and lamps also included. Its two-bedroom, two-bathroom configuration provides the essentials for everyday living, while the terrace adds an outdoor feature to the home. The residence is offered for USD 385,000, and a USD 190 maintenance-fee amount is recorded. Waters on the Bay residents have access to a social area, swimming pool and gym, alongside 24-hour security. Building systems include a full backup generator and a reserve water tank. Avenida Balboa places the apartment in a central urban setting; contact us to arrange a viewing and learn more about this residence.
In Short
A 2-bedroom, 2-bathroom apartment for sale at Waters on the Bay on Avenida Balboa, Panama City. The 123 m² home includes a terrace, one parking space, air conditioning, white goods, curtains and lamps. Building amenities include a social area, pool, gym, 24-hour security, full backup power and a reserve water tank. Asking price: USD 385,000.
Before You Decide
- The apartment offers 123 m², 2 bedrooms, 2 bathrooms, a terrace and 1 parking space.
- The building's stated amenities include a pool, gym, social area and 24-hour security.
- The USD 190 maintenance-fee amount is available; billing frequency and inclusions should be confirmed.
- The apartment's floor, orientation, view and appliance inventory are not specified.
Included in the sale. White goods, air conditioning, curtains and lamps are described as included or present.
Highlights
- 123 m² at Waters on the Bay
- 2 bedrooms and 2 bathrooms
- Terrace and 1 parking space
- Air conditioning and white goods
- Curtains and lamps included
- Building social area, swimming pool and gym
- 24-hour security, full backup generator and reserve water tank
- Asking price: USD 385,000
At a Glance
- Status
- For sale
- Asking price
- USD 385,000
- Price per m²
- USD 3,130.08
- Bedrooms
- 2 bedrooms
- Bathrooms
- 2 bathrooms
- Area
- 123 m²
- Parking
- 1 space
- Maintenance fee
- USD 190
- Year built
- 2011
- Property type
- Apartment
- Building
- Waters on the Bay
- Neighborhood
- Avenida Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-003182
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- Listed
- 12 August 2026
- Last updated
- 4 October 2026
Gallery
6 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
Bathrooms
2 bathrooms
What's Included
Everything that stays with the residence.
- White goods
- 1 parking space
- White goods, air conditioning, curtains and lamps are described as included or present.
Explore Apartment
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Bedrooms
- 2
- Full baths
- 2
- Total
- 123 m² · 1,324 ft²
Parking & Storage
- Spaces
- 1
- Covered
- No
Appliances included
- White goods
Outdoor
- Terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $385,000
- Price per m²
- $3,130 / m²
- HOA (monthly)
- $190
- Cash to close (est.)
- $115,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $115,500
- Loan amount
- $269,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,659
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
HOA$190
Property tax$0
Insurance$0
Total, before mortgage:$190 / month
If you let it out
How It Compares
- At USD 385,000 for 123 m², the calculated asking price is USD 3,130.08 per m².
- The apartment has 2 bedrooms, 2 bathrooms and 1 parking space.
- A USD 190 maintenance-fee amount is recorded; its billing frequency is not established.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$3,130 / m²
Waters on the Bay average$2,393 / m²
Avenida Balboa average$2,685 / m²
Panama average$4,306 / m²
Asking 17% above the Avenida Balboa average — worth understanding what justifies it before you offer.
Investment Case
The asking price is USD 385,000, or USD 3,130.08 per m² based on 123 m². A USD 190 maintenance-fee amount is recorded.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · August 2026$385,000
How You Can Pay
Waters on the Bay
We have not researched this building yet. Its name and sector come from our building list, and the listings, prices and photos are the listings' own. Floors, units, fees and amenities appear here once verified; ask us for anything you need before then.
Other residences at Waters on the Bay
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Living in Avenida Balboa
Bella Vista, Panamá
Waters on the Bay
Avenida Balboa, Panamá
Positions are schematic, spaced by travel distance.
Get directionsAvenida Balboa on Casanova today
- Active sale listings
- 313
- Active rentals
- 0
- Median asking price per m²
- $2,588
Getting Around
Bella Vista, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How many bedrooms and bathrooms does the apartment have?
The apartment has 2 bedrooms and 2 bathrooms.
What is the apartment's area?
The apartment has an area of 123 m².
What amenities are available at Waters on the Bay?
Waters on the Bay has a social area, swimming pool, gym and 24-hour security. The building also has a full backup generator and a reserve water tank.
Is parking included?
The apartment is listed with 1 parking space.
What does the apartment include?
The apartment is described with white goods, air conditioning, curtains and lamps.
Which appliances and fixtures are included?
White goods, air conditioning, curtains and lamps are described as included or present; individual appliance models are not specified.
Similar Properties
Same market, comparable size and price.
2-Bedroom Apartment at Waters on the Bay
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- 2 Beds
- 123 m²
$349,000
$2,837 / m²
2-Bedroom Apartment at Waters on the Bay
Waters on the BayAvenida Balboa
- 2 Beds
- 2 Baths
- 161 m²
$425,000
$2,640 / m²
Furnished 2-bedroom apartment on Avenida Balboa
Waters on the BayAvenida Balboa
- 2 Beds
- 2.5 Baths
- 177 m²
Ocean View$425,000
$2,401 / m²
2-Bedroom Apartment at Waters on the Bay
Waters on the BayAvenida Balboa
- 2 Beds
- 2 Baths
- 122 m²
$317,200
$2,600 / m²
Furnished 2-Bedroom Apartment on Avenida Balboa
Waters on the BayAvenida Balboa
- 2 Beds
- 2 Baths
- 122 m²
Furnished$315,000
$2,582 / m²
Interested in Waters on the Bay?
Speak to our team — viewings in person or by video, usually within 48 hours.