
Street-visible retail space at The Sands Avenida Balboa
A street-visible commercial space at The Sands
Avenida Balboa, Panamá
$341,000
USD$4,002 / m²
- 85.2 m²Floor area
- 1Parking
Overview
Set on Avenida Balboa, this 85.2 m² commercial space at The Sands combines a second-floor position with visibility from the street. Views extend to the sea, Panama City and Cinta Costera, placing the space in a distinctive waterfront business corridor. The unit is delivered in gray shell condition for remodeling by the buyer. It is on the second floor and includes one parking space. The 85.2 m² footprint offers a blank starting point for a commercial fit-out, with the final design left to the new owner. The Sands provides 24-hour security and three direct elevators. The stated monthly maintenance charge is $255.60. The property is in a large, high-density residential tower, with more than 2,000 residential units and over 30,000 residents in the surrounding area, as well as more than 1,000 nearby offices. Cinta Costera is directly across the avenue, and the Panama Metro is within walking distance. Avenida Balboa connects with Bella Vista, Casco Viejo, Ancón, the Canal sector, Calidonia and central Panama City. More than 75,000 vehicles pass through the area daily. Contact Casanova Realty to arrange a viewing.
In Short
The commercial space at The Sands is offered for sale at $341,000. It measures 85.2 m², is on the second floor, includes one parking space and has a stated monthly maintenance charge of $255.60. Its views include the sea, Panama City and Cinta Costera.
Before You Decide
- The gray-shell condition means the buyer will plan and complete the remodeling.
- The stated monthly maintenance charge is $255.60.
- The property is on the second floor and is visible from the street.
- One parking space is included.
- The commercial unit is in The Sands, a residential tower with 24-hour security and three direct elevators.
Highlights
- 85.2 m² commercial space at The Sands
- Second-floor unit visible from the street
- Gray-shell condition for buyer remodeling
- One parking space
- Views of the sea, Panama City and Cinta Costera
- 24-hour building security
- Three direct elevators
- Cinta Costera opposite and the Metro within walking distance
At a Glance
- Status
- Available for sale
- Asking price
- $341,000
- Price per m²
- $4,002.35/m²
- Area
- 85.2 m²
- Floor
- 2
- Parking
- 1 space
- Monthly maintenance
- $255.60
- Views
- Sea, Panama City and Cinta Costera
- Property type
- Commercial retail space
- Building
- The Sands
- Neighborhood
- Avenida Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-080299
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 14 November 2023
- Last updated
- 8 October 2026
Gallery
6 photographs of this residence.
What's Included
Everything that stays with the residence.
- Gray-shell condition
- Requires remodeling by the buyer
- 1 parking space
Explore Retail local
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
- 85 m² · 917 ft²
Parking & Storage
- Spaces
- 1
- Covered
- No
Interior
- Gray-shell condition
- Requires remodeling by the buyer
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $341,000
- Price per m²
- $4,002 / m²
- HOA (monthly)
- $256
- Cash to close (est.)
- $102,300at 30% down
Mortgage Estimate
- Down payment
- 30% · $102,300
- Loan amount
- $238,700
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,470
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
Total, before mortgage:$256 / month
If you let it out
How It Compares
- The asking sale price is $341,000, equivalent to approximately $4,002.35 per m² using the 85.2 m² source area.
- The local is delivered in gray-shell condition, unlike a fully fitted commercial space.
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 49% above the Avenida Balboa average — worth understanding what justifies it before you offer.
Investment Case
The commercial space is offered for sale at $341,000, with a stated monthly maintenance charge of $255.60. The 85.2 m² space is in The Sands on Avenida Balboa.
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- Gross yield
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- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Price History
- Listed · November 2023$341,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Avenida Balboa
Bella Vista, Panamá
Avenida 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
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Similar Properties
Same market, comparable size and price.
Interested in Street-visible retail space at The Sands?
Speak to our team — viewings in person or by video, usually within 48 hours.





