388 m² Duplex Office for Sale in Balboa Ancón
A versatile two-level office in central Balboa
Ancón, Panamá
Active
$398,000
USD$1,026 / m²
- 388 m²Floor area
- 8Parking
Overview
Set between the Hospital Oncológico and the Smithsonian Institute, this Balboa property brings together a central institutional location, a two-level layout and eight on-site parking spaces. Originally a private residence, the duplex is now used as an office and offers approximately 388 m² of total area on a 630 m² lot. Most of the office space is on the upper floor, reached by stairs. The ground floor adds storage and further office space, giving organizations options for separating work areas, support functions or supplies. The property is unfurnished; older office furniture may be acquired separately at a negotiable price. The layout is described as suitable for organizations with around 20 employees. The surrounding area is home to government offices, international organizations, foundations and NGOs. The main police station is nearby, and the property is described as easily accessible from the Inter-American Highway. A fenced, level lot, potable water service, telephone service to the property and visitor parking add practical features for an office operation. Contact Casanova Realty to discuss the sale and arrange a viewing.
In Short
The Balboa duplex office offers 388 m² of total area over two levels, a 630 m² lot and 8 on-site parking spaces. Most office space is upstairs; storage and additional office space are on the ground floor. It is near the Hospital Oncológico and Smithsonian Institute and is offered at $398,000.
Before You Decide
- Eight on-site parking spaces and a 630 m² lot offer practical capacity for an office operation.
- The two-level layout places most office space upstairs, with storage and additional offices on the ground floor.
- The office is unfurnished; the status and separate price of older office furniture should be confirmed.
- Confirm whether the intended transaction is a sale, rent-to-own arrangement or limited-term rental.
- Confirm zoning, title, maintenance costs and office utility capacity during due diligence.
Highlights
- 388 m² of total area on a 630 m² lot
- Two-level duplex currently used as an office
- Most office space is upstairs, reached by stairs
- Ground-floor storage and additional office space
- Eight on-site parking spaces
- Unfurnished, with older office furniture potentially available separately
- Near the Hospital Oncológico and Smithsonian Institute
- Fenced, level lot with access from the Inter-American Highway
At a Glance
- Status
- For sale
- Asking price
- $398,000
- Price per m²
- $1,025.77
- Total area
- 388 m²
- Lot area
- 630 m²
- Levels
- 2
- Parking
- 8 spaces
- Storage
- Included
- Furnished
- Unfurnished
- Property type
- Duplex office
- Neighborhood
- Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-046804
Key Facts
- Category
- Commercial
- Unit type
- Commercial Office
- New or resale
- Resale
- Furnishing
- Unfurnished
- Listed
- 11 July 2024
- Last updated
- 4 October 2026
Gallery
10 photographs of this residence.
What's Included
Everything that stays with the residence.
- Storage room
- Additional office space
- 8 parking spaces
Explore Office
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
- Total
- 388 m² · 4,176 ft²
Parking & Storage
- Spaces
- 8
- Covered
- No
Interior
- Storage room
- Additional office space
Outdoor
- Fenced lot
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $398,000
- Price per m²
- $1,026 / m²
- Cash to close (est.)
- $119,400at 30% down
Mortgage Estimate
- Down payment
- 30% · $119,400
- Loan amount
- $278,600
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,715
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 $1,025.77 per m², calculated from $398,000 divided by 388 m² of total area.
- The property includes 8 on-site parking spaces, approximately 2.06 spaces per 100 m² of total area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Office$1,026 / m²
Ancón average$2,214 / m²
Panama average$4,306 / m²
Asking 54% below the Ancón average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The asking price is $398,000, or approximately $1,025.77 per m² when calculated against the 388 m² total area. No rental estimate or operating-cost data is available.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Price History
- Listed · July 2024$398,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Ancón
Ancón, Panamá
Office for sale in Balboa, Panama
Ancón, Panamá
Positions are schematic, spaced by travel distance.
Get directionsAncón on Casanova today
- Active sale listings
- 147
- Active rentals
- 0
- Median asking price per m²
- $1,843
Getting Around
Ancón, 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
What is the asking price for the Balboa office?
The asking price is $398,000.
How much area and land does the property have?
The office property has 388 m² of total area and a 630 m² lot.
How many parking spaces are on site?
The property has 8 on-site parking spaces.
How is the duplex office arranged?
Most of the office area is upstairs and is accessed by stairs; the ground floor has storage and additional office space.
Is the office furnished?
The office is unfurnished. Older office furniture may be available separately for a negotiable price.
What landmarks are near the property?
The property is between the Hospital Oncológico and the Smithsonian Institute, with the main police station nearby.
How large is the office property?
It has 388 m² of total area and sits on a 630 m² lot.
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Interested in 388 m² Duplex Office for Sale in Balboa?
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