The Kitchen
Open layout
2-Bedroom Apartment at Waters on the Bay Avenida Balboa
A sea-view balcony and generous space on Avenida Balboa
Avenida Balboa, Panamá
Active
$425,000
USD$2,640 / m²
- 2Bed
- 2Bath
- 161 m²1,733 ft²
- 2Parking
Overview
At Waters on the Bay, a spacious 161 m² layout pairs a balcony with sea views and the convenience of Avenida Balboa. The apartment offers two bedrooms, a family den and an open kitchen designed to connect naturally with the living and dining area. Abundant natural light adds to the welcoming feel of the main living space. A walk-in closet, two parking spaces and a large storage unit add useful everyday function. The balcony extends the living area outdoors, while the den creates room for family time or a flexible secondary living space. The apartment is offered for $425,000, with a monthly maintenance fee of $281.75. Waters on the Bay features a double-height lobby, concierge service and 24/7 security. Residents also have access to a social area with a pool, jacuzzi, event room, indoor and outdoor children's play areas, basketball court, fully equipped gym and sauna. Set along Avenida Balboa in Panama City, this home brings together a sea-view setting and a broad collection of shared amenities. Contact Casanova Realty to arrange a viewing.
In Short
For sale at $425,000, this two-bedroom apartment at Waters on the Bay offers 161 m² of construction area, a den, walk-in closet, sea-view balcony, two parking spaces and a large storage unit. The monthly maintenance fee is $281.75.
Before You Decide
- The apartment offers 161 m² of construction area, two bedrooms, a family den and a balcony with sea views.
- The monthly maintenance fee is $281.75; included services and any special assessment have not been established.
- The property includes two parking spaces and a large storage unit; ownership status and storage dimensions are not specified.
- The building advertises a pool, jacuzzi, event room, children's play areas, basketball court, equipped gym and sauna.
Highlights
- 161 m² of construction area
- Two bedrooms plus a family den
- Balcony with sea views
- Open kitchen and bright living-dining area
- Walk-in closet and large storage unit
- Two parking spaces
- Pool, jacuzzi, sauna and equipped gym
- 24/7 security and concierge service
At a Glance
- Status
- Available
- Asking price
- $425,000
- Price per m²
- $2,639.75/m²
- Bedrooms
- 2
- Area
- 161 m²
- Parking
- 2 spaces
- Storage
- Included; size not specified
- Monthly maintenance
- $281.75
- Year built
- 2014
- View
- Sea
- Property type
- Apartment
- Building
- Waters on the Bay
- Neighborhood
- Avenida Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-013116
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- Listed
- 27 May 2026
- Last updated
- 4 October 2026
Gallery
21 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.
- Walk-In Closet
- 2 parking spaces
Explore Apartment
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
- 2
- Full baths
- 2
- Den / office
- Yes
- Kitchen
- Open
- Total
- 161 m² · 1,733 ft²
Parking & Storage
- Spaces
- 2
- Covered
- No
Interior
- Walk-In Closet
Outdoor
- Balcony
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $425,000
- Price per m²
- $2,640 / m²
- HOA (monthly)
- $282
- Cash to close (est.)
- $127,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $127,500
- Loan amount
- $297,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,832
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
HOA$282
Property tax$0
Insurance$0
Total, before mortgage:$282 / month
If you let it out
- HOA
- $282
How It Compares
- Asking price: $425,000 USD.
- Calculated asking price per construction area: $2,639.75/m², based on $425,000 divided by 161 m².
- Monthly maintenance fee: $281.75.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$2,640 / m²
Waters on the Bay average$2,393 / m²
Avenida Balboa average$2,685 / m²
Panama average$4,306 / m²
Asking 2% below the Avenida Balboa average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
No verified rental income, yield, or comparable-sale data is available for this property.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · May 2026$425,000
How You Can Pay
Waters on the Bay
We have not researched this building yet. Its name and sector come from our building list, and the listings, prices and photos are the listings' own. Floors, units, fees and amenities appear here once verified; ask us for anything you need before then.
Other residences at Waters on the Bay
Furnished 1-Bedroom Apartment on Avenida Balboa
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- 1.5 Baths
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Furnished 2-Bedroom Apartment on Avenida Balboa
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2-Bedroom Apartment at Waters on the Bay
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2-Bedroom Apartment at Waters on the Bay
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2-Bedroom Apartment at Waters on the Bay
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Living in Avenida Balboa
Bella Vista, Panamá
Waters on the Bay
Avenida Balboa, Panamá
Positions are schematic, spaced by travel distance.
Get directionsAvenida 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
What is the asking price for this apartment?
The asking price is $425,000 USD.
How large is the apartment?
The apartment has 161 m² of construction area.
How many bedrooms and parking spaces does it have?
The apartment has two bedrooms and two parking spaces.
What is the monthly maintenance fee?
The monthly maintenance fee is $281.75.
What amenities does Waters on the Bay offer?
Waters on the Bay offers a pool, jacuzzi, event room, indoor and outdoor children's play areas, basketball court, equipped gym, sauna, concierge service and 24/7 security.
Similar Properties
Same market, comparable size and price.
Furnished 2-bedroom apartment on Avenida Balboa
Waters on the BayAvenida Balboa
- 2 Beds
- 2.5 Baths
- 177 m²
Ocean View$425,000
$2,401 / m²
2-Bedroom Apartment at Waters on the Bay
Waters on the BayAvenida Balboa
- 2 Beds
- 2 Baths
- 123 m²
$385,000
$3,130 / m²
2-Bedroom Apartment at Waters on the Bay
Waters on the BayAvenida Balboa
- 2 Beds
- 123 m²
$349,000
$2,837 / m²
2-Bedroom Apartment at Waters on the Bay
Waters on the BayAvenida Balboa
- 2 Beds
- 2 Baths
- 122 m²
$317,200
$2,600 / m²
Furnished 2-Bedroom Apartment on Avenida Balboa
Waters on the BayAvenida Balboa
- 2 Beds
- 2 Baths
- 122 m²
Furnished$315,000
$2,582 / m²
Interested in Waters on the Bay?
Speak to our team — viewings in person or by video, usually within 48 hours.