Furnished 2-Bedroom Apartment at Element Boutique Condominium
Element Boutique CondominiumAvenida Balboa
- 2 Beds
- 2 Baths
- 112 m²
$340,000
$3,036 / m²
113 m² Apartment on Avenida Balboa
Balcony views and a move-in-ready home on Avenida Balboa
Avenida Balboa, Panamá
Active
$340,000
USD$3,009 / m²
- 2Bed
- 2Bath
- 113 m²1,216 ft²
- 10Parking
Overview
Enjoy a city address with a distinctive outlook: this move-in-ready, 113 m² apartment has a spacious balcony with views of the ocean, Panama City and Casco Viejo. Its position across from the Cinta Costera brings the bayfront linear park and its gardens, bike paths and green spaces into everyday reach. Inside, an open-concept kitchen connects with the living area, while a dedicated laundry area adds practical convenience. The home has two bathrooms and is described with a flexible one-to-two-bedroom configuration. The balcony gives the apartment an inviting outdoor extension, with views that make the most of its Avenida Balboa setting. Building amenities include a lobby, 24/7 security, nine elevators, visitor parking, a pool with views of the bay and Casco Viejo, a modern gym, coworking space, cinema, children's room, game room and adult lounge. Residents also have access to rooftop entertainment areas, restaurants, shopping and business areas, plus backup power and a water reserve tank. Museums, parks, restaurants, San Felipe Neri Market and the Seafood Market are nearby. Contact us to arrange a viewing.
In Short
The apartment is offered for $340,000 and has a stated total area of 113 m². It has two bathrooms, an open-concept kitchen, a laundry area and a balcony with ocean, city and Casco Viejo views. The building is described with a pool, gym, coworking space, cinema, children's room, game room, adult lounge, rooftop entertainment areas, 24/7 security, backup power and a water reserve tank.
Before You Decide
- The $340,000 asking price equates to approximately $3,008.85 per m² using the 113 m² area.
- The balcony views and position across from the Cinta Costera are central location and lifestyle features.
- Confirm the bedroom configuration and the number of parking spaces before making a purchase decision.
- The monthly HOA amount, included appliances and short-term rental rules are not available.
Highlights
- 113 m² apartment offered at $340,000
- Spacious balcony with ocean, city and Casco Viejo views
- Open-concept kitchen and dedicated laundry area
- Two bathrooms; bedroom configuration described as one to two
- Pool, modern gym, coworking space and cinema
- Children's room, game room and adult lounge
- Nine elevators, 24/7 security, backup generator and water reserve tank
- Across from the Cinta Costera and near markets, restaurants, parks and museums
At a Glance
- Status
- Available
- Asking price
- $340,000
- Price per m²
- $3,008.85/m²
- Bathrooms
- 2 bathrooms
- Area
- 113 m²
- Property type
- Apartment
- Building
- The Sands Apartments & Mall
- Neighborhood
- Avenida Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-070143
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
13 photographs of this residence.
What's Included
Everything that stays with the residence.
- 10 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
- Laundry room
- Yes
- Total
- 113 m² · 1,216 ft²
Systems & Comfort
- Views
- Ocean, City
Parking & Storage
- Spaces
- 10
- Covered
- No
Outdoor
- Balcony
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $340,000
- Price per m²
- $3,009 / m²
- Cash to close (est.)
- $102,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $102,000
- Loan amount
- $238,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,465
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 $3,008.85 per m², calculated from $340,000 and 113 m².
- The advertised area is 113 m²; no separate interior or balcony measurement is provided.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$3,009 / m²
Avenida Balboa average$2,685 / m²
Panama average$4,306 / m²
Asking 12% above the Avenida Balboa average — worth understanding what justifies it before you offer.
Investment Case
At $340,000 for 113 m², the asking price equates to approximately $3,008.85 per m². Rental income and yield estimates are not available.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$340,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Avenida Balboa
Bella Vista, Panamá
The Sands Apartments & Mall
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 apartment?
The apartment has a stated total area of 113 m².
How many bathrooms does it have?
The apartment is described with two bathrooms.
Does the building allow pets?
The building is described as pet-friendly. Confirm any unit-specific rules with the administration.
What amenities are available in the building?
Amenities include a lobby, 24/7 security, visitor parking, nine elevators, a pool, gym, coworking space, cinema, children's room, game room, adult lounge, rooftop entertainment areas, restaurants, shopping and business areas, backup power and a water reserve tank.
What is the monthly HOA fee?
The monthly HOA fee is not available.
Are appliances included?
Appliances included in the sale have not been specified.
Does the building have backup power?
A backup power generator is listed as a building feature; its coverage is not specified.
How many elevators does the building have?
The building is described with nine elevators.
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Interested in 113 m² Apartment on Avenida Balboa?
Speak to our team — viewings in person or by video, usually within 48 hours.