The Kitchen
Open layout, 1 appliances included
Furnished two-home property for sale in Cerro Azul 24 de Diciembre
Two independent homes, one generous Cerro Azul retreat
24 de Diciembre, Panamá
Active
$245,000
USD$650 / m²
- 5Bed
- 2Bath
- 377 m²4,058 ft²
- 1,162 m²Lot
Overview
Set among the mountains and greenery of Cerro Azul, this unusual property brings together two independent homes on one spacious 1,162 m² lot. With 377 m² of total construction and five bedrooms between the residences, it offers room for extended family, guests, or a separate living arrangement. The three-level main house has three bedrooms, including an attic sleeping area furnished with a double bed. Its bright living room opens directly to a panoramic balcony with mountain views. An open-plan American-style kitchen features integrated cabinetry, appliances, and a pantry, while the bedrooms have closets. The second home is independent and has two bedrooms. The property is offered furnished and ready to move into. Outdoor living is a highlight: the grounds include green areas and trees, plus a covered social rancho equipped with a sink for outdoor meals and gatherings. There is space to park multiple vehicles, including visitor parking. The property is described as pet-friendly and has access by paved road, with water and electricity connections. Cerro Azul combines a cooler mountain setting, nature, and trails with access to Panama City. At $245,000, this two-home property offers flexibility for family living or potential rental use. Contact Casanova Realty to arrange a visit.
In Short
For sale at $245,000, this furnished Cerro Azul property has two independent homes: a three-bedroom main house and a two-bedroom second home. The lot measures 1,162 m², with 377 m² of total construction.
Before You Decide
- Two independent homes provide separate living spaces on one 1,162 m² lot.
- The property is furnished and has five bedrooms across both homes.
- Parking is described as suitable for multiple vehicles, but no exact number is given.
- Confirm the total bathroom count before making a purchase decision.
Highlights
- Two independent houses on one 1,162 m² lot
- 377 m² of total construction
- Five bedrooms: three in the main home and two in the second
- Three-level main house with an attic sleeping area
- Panoramic balcony with mountain views
- Open-plan kitchen with integrated cabinetry, appliances, and pantry
- Covered social rancho with sink and surrounding green areas
- Furnished, with space for multiple vehicles and paved-road access
At a Glance
- Status
- Available for sale
- Asking price
- $245,000
- Price per m² of construction
- $649.87/m²
- Bedrooms
- 5 bedrooms
- Construction area
- 377 m²
- Lot area
- 1,162 m²
- Residences
- 2 independent houses
- Main house
- 3 levels
- Parking
- Space for multiple vehicles
- Furnished
- Yes
- View
- Mountain views from the balcony
- Property type
- House
- Community
- Altos de Cerro Azul
- Neighborhood
- Cerro Azul
- District
- Panamá
- Listing ID
- CNV-PROP-044425
Key Facts
- Category
- Residential
- Unit type
- House Villa
- Furnishing
- Fully Furnished Turnkey
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
25 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
Bathrooms
2 bathrooms
What's Included
Everything that stays with the residence.
- Appliances unspecified
- Integrated kitchen cabinetry
- Pantry
- Bedroom closets
- Attic sleeping area
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
- 5
- Full baths
- 2
- Kitchen
- Open
- Total
- 377 m² · 4,058 ft²
Systems & Comfort
- Views
- Mountain
Parking & Storage
- Covered
- No
Interior
- Integrated kitchen cabinetry
- Pantry
- Bedroom closets
- Attic sleeping area
Appliances included
- Appliances unspecified
Outdoor
- Balcony
- Green areas
- Covered social rancho
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $245,000
- Price per m²
- $650 / 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 property combines two independent residences rather than a single five-bedroom home.
- The asking price is approximately $649.87 per m² of stated construction area, calculated from $245,000 divided by 377 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
House$650 / m²
24 de Diciembre average$4,168 / m²
Panama average$4,306 / m²
Asking 84% below the 24 de Diciembre average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Two independent residences on one lot offer flexibility for multigenerational living or potential rental use; rental income is not specified.
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- 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
5-bedroom 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
How many residences are on the property?
The property has two independent houses on one lot.
How much land and construction area does the property have?
The lot measures 1,162 m² and total construction area is 377 m².
How many bedrooms are there?
There are five bedrooms in total: three in the main house and two in the second house.
Is the property furnished?
The property is described as fully furnished and ready to move into.
What outdoor features are included?
The property includes a panoramic balcony, green areas, and a covered social rancho with a sink.
What is the parking capacity?
There is space for multiple vehicles and visitor parking; an exact space count is not stated.
How many independent homes are on the lot?
There are two independent homes on the lot.
Is there space for more than one vehicle?
Yes. The property has space for multiple vehicles and visitor parking; an exact count is not stated.
What outdoor entertaining space does the property offer?
There is a covered social rancho with a sink.
Similar Properties
Same market, comparable size and price.
Two-storey home with a den and fireplace in Cerro Azul
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- 4 Beds
- 3 Baths
- 411 m²
$210,000
$510 / m²
Interested in Furnished two-home property for sale in Cerro Azul?
Speak to our team — viewings in person or by video, usually within 48 hours.