3-Bedroom House for Sale in Cerro Azul 24 de Diciembre
A cool-climate mountain home in Cerro Azul
24 de Diciembre, Panamá
Active
$245,000
USD$1,339 / m²
- 3Bed
- 3Bath
- 183 m²1,970 ft²
- 6Parking
Overview
Enjoy a change of pace in Cerro Azul, a mountain community known for its cooler climate and relaxed setting away from the noise of the city. This 183 m² house offers a combination suited to everyday living, weekend escapes or consideration as a short-term-rental investment. The stated travel time to Panama City is approximately 45 minutes. The home has three bedrooms, three bathrooms and parking for six vehicles. Its 183 m² total area and practical bedroom-and-bathroom count offer flexibility for household living or hosting visiting family and guests. The asking price is $245,000, equivalent to approximately $1,338.80 per m² based on the stated area. Cerro Azul brings a mountain setting within reach of the capital, with a cooler climate that makes a welcome contrast to city life. Whether you are looking for a place to live or exploring a vacation-rental opportunity, this house offers a starting point in a distinctive highland community. Contact Casanova Realty to learn more or arrange a conversation about the property.
In Short
This Cerro Azul mountain-community house has 183 m² of total area, 3 bedrooms, 3 bathrooms and parking for 6 vehicles. It is offered for sale at $245,000 and is approximately 45 minutes from Panama City by the stated drive estimate.
Before You Decide
- Compare the 183 m² total area and six parking spaces with your household or guest needs.
- Confirm the lot size, area breakdown, community fees and named amenities before making an offer.
- Verify short-term-rental rules with the community before relying on rental use.
Highlights
- 183 m² total area
- 3 bedrooms
- 3 bathrooms
- Parking for 6 vehicles
- Cool-climate mountain community
- Approximately 45 minutes from Panama City by the stated drive estimate
- Asking price: $245,000
- Presented as suitable for living or consideration as a short-term-rental investment
At a Glance
- Status
- Available
- Asking price
- $245,000
- Price per m²
- $1,338.80/m²
- Bedrooms
- 3
- Bathrooms
- 3
- Total area
- 183 m²
- Parking
- 6 spaces
- Property type
- House
- Community
- Cerro Azul
- Neighborhood
- Cerro Azul
- City
- Panama City
- Listing ID
- CNV-PROP-087378
Key Facts
- Category
- Residential
- Unit type
- House Villa
- Listed
- 8 October 2026
- Last updated
- 13 October 2026
Gallery
10 photographs of this residence.
What's Included
Everything that stays with the residence.
- 6 parking spaces
Explore House
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
- 3
- Total
- 183 m² · 1,970 ft²
Parking & Storage
- Spaces
- 6
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $245,000
- Price per m²
- $1,339 / m²
- Cash to close (est.)
- $73,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $73,500
- Loan amount
- $171,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,056
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 house is offered at approximately $1,338.80 per m², calculated from the $245,000 asking price and 183 m² stated total area.
- The property has 3 bedrooms, 3 bathrooms and 6 parking spaces.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$1,339 / m²
24 de Diciembre average$4,168 / m²
Panama average$4,306 / m²
Asking 68% below the 24 de Diciembre average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property is presented as suitable for residential use or consideration as a short-term-rental investment. No rental income or yield figures are available.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Price History
- Listed · October 2026$245,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in 24 de Diciembre
24 de Diciembre, Panamá
Mountain home for sale in Cerro Azul
24 de Diciembre, Panamá
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
24 de Diciembre, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How much does the Cerro Azul house cost?
The asking price is $245,000 USD.
How large is the house?
The house has a stated total area of 183 m².
How many bedrooms, bathrooms and parking spaces does it have?
It has 3 bedrooms, 3 bathrooms and parking for 6 vehicles.
How far is Cerro Azul from Panama City?
The stated drive time from Panama City is approximately 45 minutes.
How many bedrooms and bathrooms does the house have?
The house has 3 bedrooms and 3 bathrooms.
How much parking is available?
The property has parking for 6 vehicles.
Similar Properties
Same market, comparable size and price.
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$1,853 / m²
Furnished 2-Bedroom House in Altos de Cerro Azul
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- 2 Beds
- 1 Bath
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Furnished$275,000
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Interested in 3-Bedroom House for Sale in Cerro Azul?
Speak to our team — viewings in person or by video, usually within 48 hours.