The Kitchen
Closed layout, 3 appliances included
PH Baleares Penthouse with Pacific Ocean Views El Cangrejo
A two-level penthouse with ocean views and room to spread out
El Cangrejo, Panamá
Active
$675,000
USD$2,109 / m²
- 4Bed
- 4.5Bath
- 320 m²3,444 ft²
- 3Parking
Overview
Set across two levels, this 320 m² PH Baleares penthouse brings together expansive social spaces and a more private bedroom floor, with Pacific Ocean views from the main living area. Its generous layout offers room for everyday family life, entertaining and working from home. The main level has an open living and dining area framed by a floor-to-ceiling window, plus a separate enclosed living room currently arranged as a home bar. A distinct den can serve as a media room, guest space or office. The closed kitchen has ample cabinetry, a white tile backsplash, a gas stove, a full-size refrigerator and a freezer. Upstairs, the private level includes three large bedrooms; two have walk-in closets and ensuite bathrooms, and another full guest bathroom is nearby. The home is listed with four bedrooms and 4.5 bathrooms overall, plus three parking spaces. PH Baleares residents have access to an infinity pool with ocean and city-skyline views, a fully equipped gym, children's playground, social lounge and event hall, 24-hour concierge and security, visitor parking, backup power and two high-speed elevators. On Avenida Argentina in Panama City, PH Baleares is positioned for access to the city center, Punta Pacifica and Costa del Este. Enjoy the flexibility of a spacious two-level home in a well-serviced residential building. Contact us to arrange a visit.
In Short
The PH Baleares penthouse is a two-level apartment with 320 m², four listed bedrooms, 4.5 bathrooms, three parking spaces and Pacific Ocean views from the main living area. Its closed kitchen includes a gas stove, full-size refrigerator and freezer. PH Baleares has an infinity pool, gym, playground, event lounge, 24-hour concierge and security, visitor parking, backup power and two elevators.
Before You Decide
- A two-level 320 m² layout includes a separate den and an enclosed second living room.
- Three parking spaces are included in the property details.
- The building has a pool, gym, children's playground, event lounge, security, concierge and backup power.
- Confirm the neighborhood, monthly HOA, pet policy and short-term rental rules before making a decision.
Highlights
- 320 m² arranged over two levels
- Listed with 4 bedrooms and 4.5 bathrooms
- Pacific Ocean views from the main living area
- Enclosed second living room currently used as a home bar
- Separate den for a media room, guest area or home office
- Closed kitchen with gas stove, full-size refrigerator and freezer
- Three parking spaces
- Building amenities include an infinity pool, gym, playground and 24-hour security
At a Glance
- Status
- Available
- Asking price
- $675,000
- Price per m²
- $2,109.38/m²
- Bedrooms
- 4 bedrooms
- Bathrooms
- 4.5 bathrooms
- Total area
- 320 m²
- Parking
- 3 spaces
- Year built
- 2006
- View
- Pacific Ocean
- Property type
- Penthouse apartment
- Building
- PH Baleares
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-012458
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- Market tier
- Luxury
- Listed
- 3 October 2026
- Last updated
- 15 October 2026
Gallery
18 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
Bathrooms
4.5 bathrooms
What's Included
Everything that stays with the residence.
- Gas stove
- Full-size refrigerator
- Freezer
- Open living and dining area
- Second enclosed living room currently used as a home bar
- Separate den
- Three upstairs bedrooms described as large
- Two walk-in closets
- Two ensuite bathrooms
- Closed kitchen
- White tile backsplash
- 3 parking spaces
Explore Apartment
Take a closer look before you travel.
Features & Finishes
Layout
- Bedrooms
- 4
- Full baths
- 4
- Half baths
- 1
- Den / office
- Yes
- Kitchen
- Closed
- Total
- 320 m² · 3,444 ft²
Parking & Storage
- Spaces
- 3
- Covered
- No
Interior
- Open living and dining area
- Second enclosed living room currently used as a home bar
- Separate den
- Three upstairs bedrooms described as large
- Two walk-in closets
- Two ensuite bathrooms
- Closed kitchen
- White tile backsplash
Appliances included
- Gas stove
- Full-size refrigerator
- Freezer
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $675,000
- Price per m²
- $2,109 / m²
- Cash to close (est.)
- $202,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $202,500
- Loan amount
- $472,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,909
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 is approximately USD 2,109.38 per m², calculated from USD 675,000 divided by 320 m².
- PH Baleares was completed in 2006.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$2,109 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 6% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At approximately USD 2,109.38 per m², this 320 m² PH Baleares penthouse is offered for USD 675,000. Rental income, operating costs, and market comparisons have not been established.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$675,000
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
How large is the PH Baleares penthouse?
The penthouse has a stated total area of 320 m².
How many bedrooms, bathrooms and parking spaces does it have?
It is listed with 4 bedrooms, 4.5 bathrooms and 3 parking spaces.
What amenities does PH Baleares offer?
Building amenities include an infinity pool, a fully equipped gym, a children's playground, a social lounge and event hall, 24-hour concierge and security, visitor parking, backup power, and two high-speed elevators.
What kitchen appliances are included?
The closed kitchen is equipped with a gas stove, a full-size refrigerator and a freezer.
When was PH Baleares completed?
PH Baleares was completed in 2006.
What is the asking price?
The asking price is USD 675,000.
How much area does the penthouse have?
The stated total area is 320 m².
How many parking spaces are included?
The property is listed with three parking spaces.
Does PH Baleares have a generator and elevators?
Yes. PH Baleares has a backup power generator and two high-speed elevators.
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Interested in PH Baleares Penthouse with Pacific Ocean Views?
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