Bathrooms
4 bathrooms
Mountain Home with Guest House in Los Altos de Cerro Azul 24 de Diciembre
A mountain home with room for guests and outdoor living
24 de Diciembre, Panamá
Active
$395,000
USD$1,042 / m²
- 4Bath
- 379 m²4,080 ft²
- 2,001 m²Lot
- 4Parking
Overview
Set in the mountain surroundings of Los Altos de Cerro Azul, this $395,000 property pairs a generous 2,001 m² lot with 379 m² of construction. Its separate guest house and outdoor gathering spaces make it a distinctive option for extended family, visiting friends or hosting in a natural setting. The two-level main home is described with four bedrooms, a living and dining area, and a spacious open kitchen. A panoramic balcony and a covered exterior terrace extend the living space outdoors. The separate guest house has two bedrooms and one full bathroom. Across the property, the stated bathroom breakdown includes two full bathrooms in the main house, one in the guest house and one exterior bathroom. A bar, BBQ area, jacuzzi and storage room add practical features for relaxed weekends and family gatherings, while the lot is fenced. Cerro Azul is known for its cool mountain climate and natural surroundings; forest, fruit trees and wildlife are part of the setting described for this property. Contact us to learn more or arrange a visit.
In Short
The property is offered for $395,000 in Los Altos de Cerro Azul, Cerro Azul, Panamá. It has a stated 2,001 m² lot and 379 m² of construction, with a two-level main house and a separate guest house. Outdoor features include a covered terrace, bar, BBQ area and jacuzzi.
Before You Decide
- The stated lot is substantially larger than the 379 m² construction area, making the outdoor setting a key part of the property's appeal.
- A separate guest house provides additional accommodation, with two bedrooms and one full bathroom described.
- Confirm the total bedroom and parking counts before comparing this property with other homes.
Highlights
- 2,001 m² lot with 379 m² of construction
- Two-level main house with four bedrooms described
- Separate guest house with two bedrooms and a full bathroom
- Open kitchen with living and dining areas
- Panoramic balcony and covered exterior terrace
- Bar, BBQ area and jacuzzi for outdoor gatherings
- Storage room and fenced lot
- Mountain setting with forest, fruit trees and wildlife
At a Glance
- Status
- Available
- Asking price
- $395,000
- Price per lot m²
- $197.40
- Bedrooms described
- 4 in the main house; 2 in the guest house
- Bathrooms
- 4 full bathrooms
- Lot area
- 2,001 m²
- Construction area
- 379 m²
- Stories
- 2 in the main house
- Parking described
- 2 spaces for the guest house
- Property type
- House with separate guest house
- Community
- Los Altos de Cerro Azul
- Neighborhood
- Altos de Cerro Azul
- City
- Cerro Azul
- Listing ID
- CNV-PROP-092067
Key Facts
- Category
- Residential
- Unit type
- House Villa
- Listed
- 21 October 2026
- Last updated
- 21 October 2026
Gallery
41 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
The Kitchen
Open layout
What's Included
Everything that stays with the residence.
- 4 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
- Full baths
- 4
- Kitchen
- Open
- Total
- 379 m² · 4,080 ft²
Parking & Storage
- Spaces
- 4
- Covered
- No
Outdoor
- Panoramic balcony
- Covered exterior terrace
- Bar
- BBQ area
- Jacuzzi
- Fenced lot
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $395,000
- Price per m²
- $1,042 / m²
- Cash to close (est.)
- $118,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $118,500
- Loan amount
- $276,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,702
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 $197.40 per m² of the stated lot area, calculated as $395,000 divided by 2,001 m².
- The property provides 379 m² of construction on a stated 2,001 m² lot.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$1,042 / m²
24 de Diciembre average$4,168 / m²
Panama average$4,306 / m²
Asking 75% below the 24 de Diciembre average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $395,000, the asking price is approximately $197.40 per m² of the stated 2,001 m² lot. Rental income and investment returns have not been established.
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- Gross yield
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- Net yield (est.)
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- 5-yr area growth
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- Days on market
Price History
- Listed · October 2026$395,000
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 house 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
What is the asking price for the house in Los Altos de Cerro Azul?
The asking price is $395,000 USD.
How large is the property?
The property has a stated 2,001 m² lot and 379 m² of construction.
Does the property have a guest house?
Yes. The separate guest house is described with two bedrooms and one full bathroom.
What outdoor features are included?
The property has a panoramic balcony, a covered exterior terrace, a bar, a BBQ area, a jacuzzi, a storage room and a fenced lot.
What are the stated lot and construction areas?
The lot is stated as 2,001 m² and the construction area as 379 m².
Does the property have a separate guest house?
Yes. The guest house is described with two bedrooms and one full bathroom.
What outdoor features does the property have?
The property is described with a panoramic balcony, a covered exterior terrace, a bar, a BBQ area and a jacuzzi.
Similar Properties
Same market, comparable size and price.
Interested in Mountain Home with Guest House in Los Altos de Cerro Azul?
Speak to our team — viewings in person or by video, usually within 48 hours.