Bathrooms
2 bathrooms
3-Bedroom Apartment at PH Mandalay El Cangrejo
Room to spread out in the heart of El Cangrejo
El Cangrejo, Panamá
Active
$220,000
USD$1,692 / m²Negotiable
- 3Bed
- 2Bath
- 130 m²1,399 ft²
- 2Parking
Overview
Settle into a generous 130 m² apartment at PH Mandalay, in El Cangrejo. Three bedrooms, a balcony with city views and a separate maid's room with its own bathroom give this home a practical layout for everyday living, with room to host and unwind. The apartment offers two full bathrooms, a spacious living-dining area, built-in closets and ceramic or marble flooring. The equipped kitchen includes an extractor and gas service, and the home has air conditioning. A storage deposit and two covered parking spaces add useful convenience. PH Mandalay's listed amenities include a swimming pool and social area, a meeting room with a bar, visitor parking, a gym and barbecue area. The building also lists a concierge, 24/7 security with controlled access, an elevator and a generator. El Cangrejo is described as a traditional, cosmopolitan neighborhood, with a metro station, universities, churches, restaurants, clinics and shops within walking distance. Offered at $220,000, negotiable. Contact us to arrange a visit.
In Short
The 3-bedroom apartment at PH Mandalay is offered for $220,000, negotiable. It includes 130 m², 2 full bathrooms, a city-view balcony, a maid's room with bathroom, storage and 2 covered parking spaces. Building amenities include a pool, gym, meeting room with bar, social area, visitor parking, concierge, 24/7 security, controlled access and a generator.
Before You Decide
- The apartment combines 3 bedrooms and 2 full bathrooms with a separate maid's room and bathroom.
- The stated $220,000 asking price is negotiable; the calculated price is approximately $1,692.31 per m² based on 130 m².
- The apartment includes 2 covered parking spaces and a storage deposit.
- The monthly HOA fee, short-term-rental rules and generator coverage should be confirmed before purchase.
Highlights
- 130 m² with a spacious living-dining area
- Three bedrooms and two full bathrooms
- Balcony with city views
- Maid's room with its own bathroom
- Two covered parking spaces and a storage deposit
- Equipped kitchen with extractor and gas service
- Pool, social area, meeting room with bar and gym
- Walkable access to the metro, universities, restaurants and shops
At a Glance
- Status
- Available
- Asking price
- $220,000 (negotiable)
- Price per m²
- $1,692.31/m²
- Bedrooms
- 3
- Full bathrooms
- 2
- Area
- 130 m²
- Parking
- 2 covered spaces
- Storage
- Included
- View
- City view from the balcony
- Property type
- Apartment
- Building
- PH Mandalay
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-041748
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
14 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
What's Included
Everything that stays with the residence.
- Air conditioning
- Built in closets
- Equipped kitchen
- Gas service
- Extractor
- Maid room
- Ceramic or marble flooring
- Spacious living dining area
- Intercom
- 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
- 3
- Full baths
- 2
- Maid's room
- Yes
- Total
- 130 m² · 1,399 ft²
Parking & Storage
- Spaces
- 2
- Covered
- Yes
Interior
- Air conditioning
- Built in closets
- Equipped kitchen
- Gas service
- Extractor
- Maid room
- Ceramic or marble flooring
- Spacious living dining area
- Intercom
Outdoor
- Balcony
Accessibility
- Elevator access
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $220,000
- Price per m²
- $1,692 / m²
- Cash to close (est.)
- $66,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $66,000
- Loan amount
- $154,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$948
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
- Compare PH Mandalay's $1,692.31 per m² asking-price calculation with other El Cangrejo apartments using the same area basis.
- The apartment's 3 bedrooms, maid's room, storage and 2 covered parking spaces are useful points for comparing family-sized homes.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$1,692 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 24% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$220,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
El Cangrejo on Casanova today
- Active sale listings
- 249
- Active rentals
- 0
- Median asking price per m²
- $2,071
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
Are pets allowed in this apartment?
The apartment is identified as pet-friendly.
How many parking spaces are included?
The apartment is described with 2 covered parking spaces.
What is the monthly HOA fee and what does it include?
The monthly HOA amount and inclusions have not been confirmed.
Are short-term rentals allowed at PH Mandalay?
The building's short-term-rental rules have not been confirmed.
Does the apartment include a storage unit?
A storage deposit is included.
Does the building have backup power?
A building generator is listed; the areas or systems it covers are not specified.
How many elevators does PH Mandalay have?
An elevator is listed, but the number of elevators has not been confirmed.
What is the asking price?
The asking price is $220,000, and it is negotiable.
How large is the apartment and how many bedrooms and bathrooms does it have?
The apartment has 130 m², 3 bedrooms and 2 full bathrooms.
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Same market, comparable size and price.
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$1,341 / m²
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El Cangrejo
- 3 Beds
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Interested in 3-Bedroom Apartment at PH Mandalay?
Speak to our team — viewings in person or by video, usually within 48 hours.