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5 Bedroom Luxury Penthouse Apartment for Sale, Punta Paitilla, Panama City, Panama

Punta Paitilla, Panama

Property ID: 148

5 bedroom luxury penthouse apartment for sale in Panama City located in Punta Paitilla in one of the city’s most exclusive neighborhoods.

Panama City – Luxury Apartment for Sale

Featuring 11,194 sq ft (1,040 sq m) of elegant living space over 2 floors, this extremely impressive luxury penthouse apartment for sale in Panama City includes 5 bedrooms, 8 bathrooms, formal dining room, living room, billiards room, library, maids quarters and kitchen equipped with Viking appliances.

From its location in prestigious Punta Paitilla, the property enjoys magnificent views of the Panama Canal, the Mountains and the Pacific Ocean.

The apartment has been lavishly appointed throughout with only the finest materials, including imported hardwoods, rich cut marble, thick granite counter tops, hand painted wallpaper and Italian designed kitchen cabinets.

Recently Upgraded

The apartment has benefited from $700,000 USD worth of upgrades and improvements and comes fitted with central air conditioning and a home audio system.

Amenities

The property enjoys use of a range of amenities including swimming pool, children’s play area, gym, parking and 24 hour security.

A guide to Panama

  • Average asking price $936,134
  • % + or - average property price -141%
  • Property price range $159,000 - $4,500,000

Reasons to invest in Panama

  • Good value but rapidly growing real estate market.
  • Attractive retirement program offering duty-free imports and a wide range of discounts on healthcare and utilities.
  • One of the fastest growing economies in Latin America.