Skyline, Panama
- Properties From $265,000
- Tenure: Freehold
- Rental Return: 8%
- Completion: Q1 2026
- No property taxes for 5 years. Non-residents are taxed on Panamanian-source income only. Additionally, Panama does not impose capital gains tax, inheritance tax, or wealth tax.
- Enjoying an tropical climate and low cost of living, Panama is home to many retirees from Canada and the US.
- Panama’s real estate market has been growing steadily, driven by factors such as urban development, tourism, and foreign investment. The country’s capital, Panama City, has seen significant infrastructure development and a rise in luxury real estate projects.
- Panama City is the regional headquarters for hundreds of multinational companies and a true business and financial center. As a result, there is a rich and diversified pool of buyers and tenants from all over the world.
- Golden visa available for investments above $300,000.
The Property
The Skyline is a new development in Panama that offers luxurious living spaces with breathtaking views of the city and the Pacific Ocean. This high-rise residential building is located in the prestigious Costa del Este neighborhood, which is known for its upscale amenities, shopping centers, and recreational facilities. The building consists of two towers, each with 36 floors, offering a total of 400 residential units. The apartments range from one to four bedrooms, with sizes starting from 750 square feet up to 3,000 square feet.
Amenities include an infinity pool, sky lounge with outdoor terrace, well-equipped gym, spa and sauna, children’s play area, enclosed cinema, 24 hour security and underground parking.
Up to 20 year financing available, with up to 80% LTV.
Why Panama?
- 2.5 million visitors per year
- 90% occupancy
- 4.5% predicted growth in property prices in 2024. (Fitch).
- No property tax for 5 years.
Panama has been one of the fastest-growing economies in Latin America, with a strong focus on services such as banking, insurance, and tourism. The government has implemented policies to attract foreign investment, leading to a stable economic environment conducive to business growth. Panama City’s real estate market has been particularly attractive to investors due to its steady appreciation and high demand for commercial and residential properties. The real estate market in Panama City has shown resilience and consistent growth over the years. The city’s skyline is dotted with modern skyscrapers, reflecting the robust construction activity driven by both local and foreign investment. The demand for luxury condominiums, office spaces, and retail properties has remained strong, offering the potential for high returns on investment.
Est. Return
- Estimated Rental Return: $21,200
Location
The Skyline is located in the vibrant and luxurious area of Marbella, Panama City. This upscale residential development is situated in the heart of the city, offering stunning views of the surrounding skyline and the Pacific Ocean.
Marbella is a prestigious neighborhood in Panama City known for its modern architecture, upscale shopping centers, fine dining restaurants, and proximity to the financial district. The development offers convenient access to major transportation routes, including the South Corridor highway, which connects the area to Tocumen International Airport and other key destinations in Panama. Additionally, residents can enjoy close proximity to beautiful parks, cultural venues, and entertainment options within the vibrant neighborhood of Marbella.
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