The Kitchen
1 appliances included
2-Bedroom + Den Residence at P.H. Waters On The Bay Avenida Balboa
A high-floor retreat above Avenida Balboa
Avenida Balboa, Panamá
Active
$550,000
USD$2,037 / m²
- 2Bed
- 2.5Bath
- 270 m²2,906 ft²
- 2Parking
Overview
Set high above Avenida Balboa, this 270 m² residence pairs two bedrooms and a den with a terrace overlooking the Cinta Costera and Panama Bay. The elevated setting brings the waterfront scenery into everyday life, with the westward sunsets and city lights adding a distinct evening atmosphere. The apartment offers 2.5 bathrooms, a full maid’s quarters, a laundry area and two parking spaces. A full appliance package is included, along with a central air-conditioning system and split air conditioners in each room. Marble countertops add a polished finish, while the terrace provides private outdoor space. P.H. Waters On The Bay is positioned on Avenida Balboa beside the Cinta Costera. Residents have access to the building’s pool, gym and sauna, as well as 24-hour security and guest parking. Restaurants, shops, banks and boutiques are within walking distance. Contact Casanova Realty to arrange a viewing of this Bay-facing home.
In Short
For sale at $550,000, this two-bedroom plus den residence at P.H. Waters On The Bay offers 270 m², 2.5 bathrooms, maid’s quarters, laundry area and two parking spaces. The building has a pool, gym, sauna, 24-hour security and guest parking.
Before You Decide
- The 270 m² total area includes two bedrooms, a den and 2.5 bathrooms.
- The residence includes two parking spaces, maid’s quarters and a laundry area.
- The building's stated amenities include a pool, gym, sauna, 24-hour security and guest parking.
- Monthly HOA costs, pet rules and short-term rental rules are not established.
Highlights
- 270 m² of total area
- Two bedrooms plus a den
- 2.5 bathrooms
- Terrace overlooking Cinta Costera and Panama Bay
- Full maid’s quarters and a separate laundry area
- Two parking spaces
- Full appliances, central air and split air conditioners in each room
- Building pool, gym, sauna, 24-hour security and guest parking
At a Glance
- Status
- Available
- Asking price
- $550,000
- Price per m²
- $2,037.04/m²
- Bedrooms
- 2 bedrooms + den
- Bathrooms
- 2.5 bathrooms
- Total area
- 270 m²
- Parking
- 2 spaces
- Property type
- Condominium apartment
- Building
- P.H. Waters On The Bay
- Neighborhood
- Avenida Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-010242
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- Listed
- 13 August 2020
- Last updated
- 4 October 2026
Gallery
12 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
Bathrooms
2.5 bathrooms
What's Included
Everything that stays with the residence.
- Full appliance package
- Marble countertops
- 2 parking spaces
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
- Half baths
- 1
- Den / office
- Yes
- Laundry room
- Yes
- Total
- 270 m² · 2,906 ft²
Systems & Comfort
- Views
- Ocean
Parking & Storage
- Spaces
- 2
- Covered
- No
Interior
- Marble countertops
Appliances included
- Full appliance package
Outdoor
- Terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $550,000
- Price per m²
- $2,037 / m²
- Cash to close (est.)
- $165,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $165,000
- Loan amount
- $385,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,371
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
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The asking price equates to approximately $2,037.04 per m², calculated from $550,000 divided by 270 m².
- The residence offers two bedrooms plus a den and 2.5 bathrooms.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$2,037 / m²
Waters on the Bay average$2,393 / m²
Avenida Balboa average$2,685 / m²
Panama average$4,306 / m²
Asking 24% below the Avenida Balboa average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $550,000 and 270 m², the asking price equates to approximately $2,037.04 per m². Rental income, operating costs and yield are not available.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · August 2020$550,000
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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Furnished 2-Bedroom Apartment on Avenida Balboa
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2-Bedroom Apartment 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 large is the residence?
The residence has a total area of 270 m².
How many bedrooms and bathrooms does it have?
It has two bedrooms, a den and 2.5 bathrooms.
What amenities does P.H. Waters On The Bay offer?
The building's stated amenities include a pool, gym, sauna, 24-hour security and guest parking.
How many parking spaces are included?
The residence includes two parking spaces.
Which air-conditioning systems are in the residence?
The residence has a central air system and split air conditioners in each room.
What is the asking price?
The asking price is $550,000.
What air-conditioning systems does the apartment have?
It has a central air system and split air conditioners in each room.
Similar Properties
Same market, comparable size and price.
271 m² Oceanfront Condo at Waters on the Bay
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- 2.5 Baths
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Ocean View$623,300
$2,300 / m²
2-Bedroom Apartment at Waters on the Bay
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- 2 Baths
- 161 m²
$425,000
$2,640 / m²
Furnished 2-bedroom apartment on Avenida Balboa
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- 2 Beds
- 2.5 Baths
- 177 m²
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$2,401 / m²
3-Bedroom Apartment at Waters on the Bay
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- 3 Baths
- 256 m²
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Furnished 3-Bedroom Apartment at Waters on the Bay
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- 3 Beds
- 3 Baths
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Furnished$499,200
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Interested in Waters on the Bay?
Speak to our team — viewings in person or by video, usually within 48 hours.