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3BR Apartment for Sale/ Rent in PH Pine Hills Albrook
For Sale

3BR Apartment for Sale/ Rent in PH Pine Hills Albrook

Albrook, Panama City, Panama

Listing Ref: PLS-200044

🛏️
3
Bedrooms
🚿
2.5
Bathrooms
📐
162
m²
🏷️
apartment
Type

Where the green came first and the city grew politely around it.

This is the rare Panama City address where mature trees outnumber towers and the metro is a three-minute walk. At 162 m², with three bedrooms, a flexible fourth room, a private balcony over year-round gardens, and two dedicated parking spaces, it delivers space most new builds no longer offer. At $275,000, it is one of the most sensible buys in Albrook real estate today.

Expat families seeking space, safety and walkabilityRetirees relocating to Panama CityProfessionals who want downtown access without downtown noiseInvestors targeting steady rental demand near the transport hub

Property Details

You wake, and the first sound is not traffic. It is leaves — the soft, continuous conversation of tropical foliage outside your window, with the city's hum somewhere far beyond the canopy. Coffee in hand, you step onto the balcony. Below, the gardens hold their green through every month of the year, and the morning light arrives filtered and almost liquid, the way light only behaves where old trees have been allowed to stay. This is Albrook at seven in the morning. At PH Pine Hills, it isn't a holiday. It's Tuesday.

Cross the threshold and the apartment opens with a generosity that modern construction has quietly abandoned. One hundred sixty-two square meters of flowing, sun-filled space, arranged so you never have to choose between living and entertaining. The open living and dining areas stretch with an unforced ease — the kind of proportions that make a long dinner feel effortless and a slow Sunday feel genuinely luxurious. Three well-scaled bedrooms offer restorative privacy, the principal suite with its own full bath, a discreet powder room reserved for guests. And then the detail that quietly changes everything: a dedicated maid's quarters with private bathroom, a self-contained room that residents just as often reimagine as a home office, a guest studio, or a painting room with the door closed on the rest of the world. Ample storage throughout. Two assigned parking spaces inside the building. City living, refreshingly unhassled.

Behind the secured entrance of PH Pine Hills, a certain calm endures. This is an established residential building — solid construction, not a glass experiment — insulating you from the metropolis while keeping you minutes from all of it. Neighbors greet one another in the lobby. The grounds are lush enough to soften the senses the moment you pull in. The only rush in this building is the one you leave at the gate.

Step outside and Albrook explains itself. Mature trees arch over streets actually built for walking. Albrook Mall — the largest shopping center in Central America, spanning more than 380,000 square meters — sits practically at your doorstep, flanked by international schools, supermarkets, medical centers, and restaurants for every appetite and hour. On weekends, residents vanish into Metropolitan Natural Park, 265 hectares of urban rainforest alive with more than 300 recorded bird species, or drive fifteen minutes to watch ships climb the Miraflores Locks. The domestic airport, the Gran Terminal de Transporte, the Albrook Metro station, and the Corredor Sur on-ramp are all inside a five-minute radius. Few addresses among Panama City homes for sale convert so little effort into so much reach.

Rarely does a package this complete present itself at $275,000. In a market where square meters shrink and parking becomes a negotiation, the combination of generous floor area, a verdant low-rise address, a flexible fourth room, and two dedicated spaces reads as an anomaly. Whether you are buying a permanent home, a part-time base in a country ranked among the world's finest places to retire for over a decade, or an income-producing asset in a neighborhood with persistent rental demand — the unit also rents at $2,000 per month — this Albrook apartment offers something increasingly rare when you buy property in Panama: real value, in a real neighborhood, that you can walk out into tomorrow morning.

Features

  • 162 m² of light-filled, open-plan living
  • Private balcony over year-round gardens
  • 3 bedrooms, 2.5 baths — principal suite with full bath
  • Maid's quarters with private bath (ideal home office or studio)
  • Two dedicated parking spaces inside the building
  • Established, secured low-rise in leafy Albrook
  • Three-minute walk to Albrook Metro and transport hub

Neighborhood

Albrook is a verdant enclave of tree-lined streets, low-rise residences and parks that feel borrowed from a far quieter country — yet the banking district is barely ten minutes away. Families cycle on weekends, professionals walk to the metro, and the whisper of the Panama Canal is never far. It remains one of the only corners of the capital where the green came first and the city grew politely around it.

Nearby:

Albrook Mall — largest shopping center in Central AmericaMetropolitan Natural Park — 265 hectares of urban rainforestMarcos A. Gelabert domestic airportInternational School of Panama and other top-tier schoolsGran Terminal de Transporte and Albrook Metro stationSupermarkets, restaurants and private medical clinics

Commute Times: 3 minutes to Albrook Metro station; 5 minutes to the Corredor Sur on-ramp; 10 minutes to downtown Panama City and the banking district; 15 minutes to Miraflores Locks and the Panama Canal Visitors Center; approximately 25 minutes to Tocumen International Airport.

Frequently Asked Questions

Is $275,000 good value for a 162 m² apartment in Panama City?

It is notably strong value. New construction in comparable central districts often delivers smaller floor plans at similar or higher prices, frequently with only one parking space. Here you get 162 m², three bedrooms plus a flexible service room, and two dedicated parking spaces in an established, well-located building.

Can this apartment generate rental income?

Yes. The unit is currently offered at $2,000 per month on the rental market, and Albrook sees persistent demand from expat families, diplomats and professionals drawn by the schools, metro access and green surroundings. It is a practical way to invest in Panama real estate with a tenant pool that does not depend on tourism.

What is the maid's quarters typically used for?

It is a self-contained room with its own private bathroom, originally designed as service quarters (CBE). Many owners repurpose it as a dedicated home office, a guest studio, or a hobby and storage room — effectively a fourth flexible space behind a closing door.

Is Albrook a good neighborhood for retirees?

Excellent. It is flat, walkable and leafy, with supermarkets, pharmacies, private clinics and the metro all within a few minutes. Panama's Pensionado program also offers significant discounts to retirees on healthcare, transport, dining and more, making it one of the most practical places to retire in Panama.

Can foreigners buy property in Panama?

Yes. Foreign buyers hold the same titled ownership rights as Panamanian citizens, with no special permits required for residential property. Transactions are conducted in US dollars, and DoPanama guides clients through title verification, escrow, closing and residency options from start to finish.

How do I arrange a viewing of PH Pine Hills?

Contact DoPanama Real Estate at +507 6443-3341 and reference PLS-200044. We arrange in-person showings as well as live video walkthroughs for overseas buyers, and can pair the visit with a broader tour of Albrook and nearby neighborhoods.

Price
$275,000

Three-bedroom, 162 m² apartments with two parking spaces under $300,000 in central Panama City are disappearing from the market. Properties of this size and address rarely linger.

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