Panama City 3-Bedroom Condo at Mystic Point: Luxury Living for $330K

Punita Pacifica is more than a neighborhood - it's a lifestyle hub. Think world-class shopping at Multiplaza, a Johns Hopkins-affiliated hospital right across the street, and the Pacific Ocean at your doorstep. According to Numbeo, Panama City's cost of living is roughly 30-40% lower than comparable U.S. metro areas, and Punta Pacifica remains one of the most sought-after addresses for expats and investors. This condo at Mystic Point puts you in Tower 100 or 200, both 44-story luxury towers with 24/7 security, pools, and gyms. The $330,000 price tag (as listed) is exceptional for a fully leased property in this zone.

This 3-bedroom, 2-bathroom unit spans a comfortable layout with a private balcony offering ocean breezes and city views. The kitchen is fully equipped, and there's a maid's quarters with its own bathroom - a common luxury feature in Panama. It's currently rented at $2,000 per month, giving you a gross rental yield of about 7.3% annually. That's solid compared to typical US rental yields of 4-5%. As David Tagir, DoPanama agent, says, this is a turnkey reality you can see and touch. The building also offers premium amenities: infinity pool, state-of-the-art gym, and concierge service.

DoPanama is a licensed and bonded real estate company (PJ-1430-2023) with over 140 vetted agents across Panama. They don't just show you properties - they guide you through the entire process, from due diligence to closing. Panama property law is foreign-friendly; foreigners can buy fee simple title in most areas, including Punta Pacifica. There's no capital gains tax on primary residence sales after two years, and property taxes are low (typically 0.5-2% of assessed value). DoPanama's headquarters is inside the Waldorf Astoria Hotel in Panama City, and they have a desk at the Hilton on Avenida Balboa.

Panama offers several visa paths: the Pensionado Visa (for retirees with a lifetime pension of at least $1,000/month), the Friendly Nations Visa (for citizens of 50+ countries who can prove economic solvency), and the Investor Visa (for those buying real estate over $300,000 - this $330K property qualifies!). According to International Living, Panama's pensionado program is the best in the world, offering discounts on everything from medical bills to airfare. DoPanama's team includes Nalini Navarro Guardia, a licensed attorney who handles residency applications.

One of the biggest draws for expats is Panama's healthcare. Punta Pacifica Hospital is affiliated with Johns Hopkins International, meaning you get top-notch care at a fraction of US costs. A doctor's visit in Panama costs around $20-40, and a hospital stay can be 50-70% less than in the States. The World Health Organization (WHO) ranks Panama's healthcare system among the best in Latin America - higher than Costa Rica's. For retirees, the Pensionado Visa also includes hospital discounts.