Inside Panama's Hottest Jr Penthouse: A 3-Bedroom Luxury Condo That Has Everything
Step into luxury with this stunning Jr Penthouse in Panama City! Spacious 3-bedroom layout with breathtaking ocean and city ...
Inside Panama's Hottest Jr Penthouse: A 3-Bedroom Luxury Condo That Has Everything
Located right in the heart of Panama City on Cay 50, this stunning 3-bedroom junior penthouse offers 275 square meters of pure luxury living at just $680,000 - and it comes with views of the iconic FNF Tower (the Tornado Tower) that make you feel like you're living in a dream. If you're considering relocating to Panama or investing in Caribbean real estate, this property represents exactly the kind of move-in-ready, amenity-packed lifestyle that draws expats to the country year after year.
The Property: Size, Layout, and Wow Factor
This junior penthouse is built for living well. You get three generously sized bedrooms, each with its own ensuite bathroom - because nobody wants to share when they're relaxing in their own home. Then there's a separate den right in the middle of the unit, perfect for family time or watching the sunset over the Panama City skyline. The master suite alone feels like a small apartment. Even the maid's quarters comes with city views, which tells you everything about how thoughtfully this building was designed. At 275 square meters, this isn't cramped luxury - it's spacious luxury. The unit was originally purchased as an investment property and has barely been lived in, so you're getting something that still smells new and feels pristine.
275 square meters (2,960 square feet) across 3 bedrooms, 3 bathrooms, plus den and maid's quarters
Source: DoPanama Real Estate & Relocation - Property Details
Location, Location, Location: Why Cay 50 is Panama's Most Coveted Address
Let's be honest - location is everything in real estate, and this penthouse location is practically unbeatable. Cay 50 sits right in the heart of Panama City's financial district, but somehow manages to feel removed from the hustle and bustle. You're steps away from Multilaza Mall, which is the premier shopping destination in Panama with every major brand you can think of. We're talking a three to five minute walk across the street. But here's the real kicker: you're close to everything yet still feel like you're in a peaceful oasis. The highway entrance to the airport is literally right there, so getting to Tocumen International Airport takes maybe 20-30 minutes depending on traffic. You can reach almost any corner of Panama City easily, whether you're heading to the beach towns, the restaurants, or the nightlife. The building itself is brand new and sits front and center to the FNF Tower, the architectural icon of Panama's skyline.
3-5 minute walk to Multilaza Mall, Panama's top shopping destination
Source: DoPanama Real Estate & Relocation - Location Assessment
Building Amenities: This Isn't Just a Condo, It's a Lifestyle
One of the best things about buying into this building is that you're not just getting an apartment - you're buying into a resort-style community right in the middle of the city. The building features a full-service gym, so no need for a membership elsewhere. There's a swimming pool for when you want to cool off without leaving home. Soccer and tennis courts for the athletic types. A poker room for game nights. Even restaurants located beneath the building, so you can dine out without actually leaving the property. All of this creates the feeling of living in a five-star resort while still being in the heart of the action. For expats relocating to Panama, this kind of amenity package means instant community and entertainment options without the hassle of driving all over the city.
8+ amenities including gym, pool, soccer court, tennis court, restaurants, poker room, and pool room
Source: DoPanama Real Estate & Relocation - Building Amenities
The Price: Why $680,000 is Competitive in Today's Market
At $680,000, this property represents solid value for what you're getting in Panama City. To put this in perspective, similar-sized luxury units in comparable buildings typically list higher. For a brand new, never-really-lived-in three-bedroom with ensuite bathrooms, city and ocean views, and located in literally the most convenient part of Panama City, this is the kind of deal that moves fast. The price also includes access to all those amenities we mentioned - the pool, the gym, the restaurants, everything. When you calculate the cost per square meter and compare it to other developments in the Cay 50 area, you're getting good value. Plus, Panama's real estate market has been stable and appreciating, especially for properties in prime locations like this one. For expats thinking about this as an investment, rental demand in Panama City for quality furnished units is consistently strong.
$680,000 for a 275 sq meter 3-bedroom in Panama City's prime Cay 50 location
Source: DoPanama Real Estate & Relocation - Current Listing
Why Panama City Attracts Expats (And Why This Property Makes Sense)
Panama consistently ranks as one of the top retirement and relocation destinations in the Americas, and for good reason. The country offers excellent healthcare - World Health Organization data shows Panama's healthcare system ranks among the best in Latin America. The cost of living is significantly lower than North America or Europe, even in upscale neighborhoods. Safety in established areas like Cay 50 is excellent, with 24-hour building security and active expat communities. Panama has the Pensioner Visa (PENSIONER visa) requiring just $1,350 per month in guaranteed income, one of the easiest residency pathways in the region. The weather is consistently warm, there are tons of outdoor adventures - from jungle trekking to island hopping to surfing - and the restaurant scene in Panama City rivals any major city. Plus, there's no hurricane season risk like in other Caribbean locations. When you combine all of that with a move-in-ready luxury condo in the best location in the city, it becomes clear why expats are choosing Panama.
Panama Pensioner Visa requires only $1,350 per month guaranteed income - one of the easiest paths to residency in Latin America
Source: Panama Immigration Authority
The DoPanama Difference: Expert Guidance for Your Relocation
Here's something you should know - finding the right property is only part of the equation. Getting set up properly as an expat in Panama requires understanding visa requirements, tax implications, healthcare systems, and a thousand other details. That's where DoPanama Real Estate & Relocation comes in. They're a licensed and bonded company that specializes specifically in helping expats like you navigate the entire process - not just the real estate part, but the relocation part too. Austin Hess is the COO and lead relocation specialist, and the team includes Nalini Navarro Guardia as President and Legal Director, bringing deep expertise in Panama's legal system. They have office locations right in the Waldorf Astoria Hotel and the Hilton in downtown Panama City, so you can walk in and meet the team face-to-face. They also have a network of over 100 affiliates across the entire country of Panama, giving you access to properties and insights far beyond what any single agent could provide. The free 23-question relocation survey on their website actually helps match you with the right neighborhoods before you even start looking at properties.
DoPanama has a network of 100+ real estate affiliates across Panama, plus legal expertise in residency and relocation
Source: DoPanama Real Estate & Relocation - Company Information
Next Steps: How to Schedule Your Showing
If this penthouse is catching your eye, the next step is easy. You can reach out directly to David, one of DoPanama's top agents who specializes in this area and building. Send him an email at david@dopanama.com, or hit him up on WhatsApp or text at the contact number provided. He can set up a showing at your convenience and walk you through the property with the expertise of someone who knows Panama City real estate inside and out. He can also pull comparable sales data from the same area and building, giving you all the information you need to make a confident decision. If you're at earlier stages of thinking about Panama - maybe you're still exploring whether it's right for you - take that free relocation survey first. Austin and the team will get in touch and set up a complimentary 30-minute Zoom call to answer your questions about living in Panama, help you figure out which neighborhoods match your lifestyle, and walk you through the visa process. The whole point is that you shouldn't have to figure this out alone.
Free 30-minute consultation call with DoPanama team after completing their relocation survey
Source: DoPanama Real Estate & Relocation - Services
This 3-bedroom junior penthouse on Cay 50 represents the kind of opportunity that makes Panama relocation dreams come true - a move-in-ready, luxury property in the best location in the city, with all the amenities and convenience you could ask for, at a price that makes sense. Whether you're considering Panama as a retirement destination, a base for remote work, or a real estate investment, this property is worth serious consideration. But finding the right property is just the first step. You also need the right guidance on visas, residency, healthcare, taxes, and all the other elements of a successful international move. That's exactly what the team at DoPanama Real Estate & Relocation does best. Reach out to them today - schedule a showing with David, take their free relocation survey, or book a call with Austin and the team. Your Panama dream is closer than you think.
Expert Insights
βThis is a brand new unit. It was an investment property. The building was completed not too long ago and now this building is or this apartment is on the market at a very good price.β
β David, DoPanama Real Estate Agent
βIt's like living in the city without the traffic. Like you're still in the area, but it's actually good to drive.β
β Austin Hess, COO of DoPanama
βWe are a licensed and bonded real estate company with a number one focus on expats like yourself looking to relocate and invest in Panama's real estate.β
β Austin Hess, COO of DoPanama
Frequently Asked Questions
How much does it cost to buy a luxury condo in Panama City?
Luxury condos in Panama City's prime locations like Cay 50 typically range from $600,000 to over $2 million depending on size and amenities. This 3-bedroom penthouse at $680,000 is competitively priced for its 275 square meters of space, ocean/city views, and full-service amenities. Prices vary significantly by neighborhood, with beachfront properties commanding premiums.
What is the best neighborhood to buy real estate in Panama City?
Cay 50 is consistently ranked among the best neighborhoods in Panama City for expats, offering a perfect balance of convenience, safety, and lifestyle. It's walking distance to Multilaza Mall, close to the airport, has excellent security, and features quality developments with modern amenities. Other top neighborhoods include Punta Pacifica, Costa del Este, and Amador, each with different advantages depending on your lifestyle.
How do I get residency in Panama to relocate there?
Panama offers several residency options, with the Pensioner Visa being the easiest - it requires only $1,350 per month in guaranteed income. Other pathways include the Investor Visa (property purchase), Friendly Nations Visa, and employment-based residency. The process typically involves working with a lawyer to handle paperwork and government submissions. DoPanama can guide you through all residency options as part of their relocation service.
Is Panama City safe for expats?
Yes, established neighborhoods like Cay 50, Punta Pacifica, and Costa del Este are very safe for expats with good security, 24-hour building guards, and active expat communities. Like any major city, it's smart to stay in established areas and follow standard urban safety practices. Healthcare quality is excellent, comparable to North American standards, and costs are significantly lower.
How much does it cost to live in Panama as an expat?
Panama's cost of living is significantly lower than the US or Canada. A comfortable lifestyle in Panama City costs roughly 40-60% less than major North American cities. Utilities, groceries, and dining are inexpensive, though imported goods and luxury items cost more. The Pensioner Visa requires $1,350 per month, but most expats find they can live comfortably on $1,500-2,500 monthly depending on lifestyle choices.
What are the benefits of investing in Panama real estate?
Panama's real estate market offers steady appreciation, tax advantages for foreign investors, strong rental demand especially in tourist and expat areas, and the country's geographic importance with the Panama Canal. Properties in prime locations like Cay 50 are liquid investments that appeal to both long-term residents and international investors. The country's growing economy and stable government make it a reliable investment destination.
What amenities should a luxury condo building have in Panama City?
Quality buildings in Panama City typically include a gym, swimming pool, 24-hour security, concierge service, and parking. Higher-end developments like this one add tennis courts, soccer fields, poker rooms, on-site restaurants, and common areas for events. These amenities are especially valuable for expats relocating abroad, as they create built-in community and reduce the need to leave the building for entertainment.
Can I rent out my Panama property as a vacation rental or long-term rental?
Yes, Panama's rental market is strong. Furnished units in prime locations like Cay 50 generate solid income from both vacation rentals and long-term expat rentals. Many investors purchase properties specifically for rental income while waiting for appreciation. Property management companies in Panama handle everything from tenant screening to maintenance, making it easy to manage remotely if you're not living there full-time.
Key Statistics
3-5 minute walk to Multilaza Mall, Panama's premier shopping center
Source: DoPanama Real Estate & Relocation (2024)
275 square meters of living space with 3 bedrooms, 3 bathrooms, den, and maid's quarters
Source: DoPanama Real Estate & Relocation - Property Specifications (2024)
Panama Pensioner Visa requires $1,350 per month guaranteed income
Source: Panama Immigration Authority (Direccion Nacional de Migracion) (2024)
8+ premium amenities including gym, pool, tennis court, soccer court, restaurants, and poker room
Source: DoPanama Real Estate & Relocation - Building Features (2024)
DoPanama operates network of 100+ real estate affiliates throughout Panama
Source: DoPanama Real Estate & Relocation (2024)
$680,000 listing price for this 3-bedroom junior penthouse on Cay 50
Source: DoPanama Real Estate & Relocation - Current Listing (2024)
20-30 minute drive to Tocumen International Airport from Cay 50 location
Source: DoPanama Real Estate & Relocation - Location Assessment (2024)
Locations Mentioned
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