Living & Dining
good natural light
Waters on the Bay penthouse for sale Avenida Balboa
A 682 m² penthouse above Avenida Balboa
Avenida Balboa, Panamá
Active
$1,490,000
USD$2,185 / m²
- 4Bed
- 4Bath
- 682 m²7,341 ft²
- 4Parking
Overview
Set along Avenida Balboa opposite the Cinta Costera, this 682 m² penthouse at Waters on the Bay brings together expansive living areas, multiple balconies, and views of the sea and city. Four parking spaces on the first level add everyday convenience to this exceptionally spacious Panama City residence. The layout includes a generous living room with natural light, a kitchen with breakfast nook and terrace, four spacious bedrooms, and a family den between the bedrooms. A guest half bath, large laundry room, and maid’s room with bathroom round out the floor plan. The property also features closets and a walk-in closet. Waters on the Bay offers a double-height lobby and a complete social area with a swimming pool, jacuzzi, fully equipped gym, sauna, basketball court, and event room. Visitor parking and 24-hour security are also available in the building. The setting is steps from the Cinta Costera, with the waterfront, a marina, commercial areas, and recreation nearby. Contact us to arrange a private viewing of this Avenida Balboa penthouse.
In Short
The Waters on the Bay penthouse is offered for sale at $1,490,000. It has 682 m² of total area, four bedrooms, a family den, multiple balconies, a terrace, and four parking spaces. Building amenities include a pool, jacuzzi, gym, sauna, basketball court, event room, visitor parking, and 24-hour security.
Before You Decide
- The asking price is $1,490,000, or approximately $2,184.75 per m² based on 682 m².
- Four parking spaces are stated, but deeding and assignment details are not provided.
- The building's HOA amount and included services are not provided.
- The exact penthouse floor and building completion year are not provided.
Highlights
- 682 m² of total area
- Four spacious bedrooms and a family den
- Multiple balconies and a separate terrace
- Sea and city views
- Four parking spaces on the first level
- Guest half bath, laundry room, and maid’s room with bathroom
- Pool, jacuzzi, gym, sauna, basketball court, and event room
- Across from the Cinta Costera on Avenida Balboa
At a Glance
- Status
- Available for sale
- Asking price
- $1,490,000
- Price per m²
- $2,184.75/m²
- Bedrooms
- 4 bedrooms
- Total area
- 682 m²
- Parking
- 4 spaces
- View
- Sea and city
- Property type
- Penthouse apartment
- Building
- Waters on the Bay
- Neighborhood
- Avenida Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-048441
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- Natural light
- Good
- Listed
- 3 July 2024
- Last updated
- 4 October 2026
Gallery
10 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
What's Included
Everything that stays with the residence.
- Closets
- Kitchen
- Dining area
- Breakfast nook
- Family den
- Maid's bedroom
- Living room
- Family living area
- Walk-in closet
- 4 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
- 4
- Full baths
- 4
- Den / office
- Yes
- Maid's room
- Yes
- Laundry room
- Yes
- Total
- 682 m² · 7,341 ft²
Systems & Comfort
- Views
- City
Parking & Storage
- Spaces
- 4
- Covered
- No
Interior
- Closets
- Kitchen
- Dining area
- Breakfast nook
- Family den
- Maid's bedroom
- Living room
- Family living area
- Walk-in closet
Outdoor
- Multiple balconies
- Terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,490,000
- Price per m²
- $2,185 / m²
- Cash to close (est.)
- $447,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $447,000
- Loan amount
- $1,043,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$6,422
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 offers 682 m² of total area and four bedrooms.
- The stated asking price equates to approximately $2,184.75 per m² using the stated total area.
- Four parking spaces are stated for the penthouse.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$2,185 / m²
Waters on the Bay average$2,393 / m²
Avenida Balboa average$2,685 / m²
Panama average$4,306 / m²
Asking 19% below the Avenida Balboa average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At an asking price of $1,490,000 and a total area of 682 m², the property is priced at approximately $2,184.75 per m². Rental income, operating costs, and comparable sales are not established.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · July 2024$1,490,000
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.
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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?
The asking price is $1,490,000 USD.
How large is the penthouse?
The penthouse has a total area of 682 m².
How many bedrooms does it have?
The penthouse has four bedrooms.
How many parking spaces are included?
Four parking spaces are stated, located on the first level.
Which building amenities are available?
Waters on the Bay has a pool, jacuzzi, gym, sauna, basketball court, event room, visitor parking, and 24-hour security.
How much total area does the property have?
The stated total area is 682 m².
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Interested in Waters on the Bay?
Speak to our team — viewings in person or by video, usually within 48 hours.