1 bedroom Apartment in Panama City, Panama No. 70654

1 bedroom Apartment in Panama City, Panama No. 70654
ID70654 $ 119 716
70654

Property description

This cozy 80 m² apartment in the iconic P.H. Costa Azul, located in the heart of El Cangrejo, offers a unique investment opportunity. It features a spacious bedroom, one bathroom, a well-designed kitchen, and a generous laundry area. The apartment comes with all essential appliances included, offering convenience and readiness from day one. The building, renowned for its structural integrity and high-quality finishes, seamlessly combines classic elegance with a prime location. The area is one of the most commercial and touristic in the city, ensuring high demand and excellent future appreciation. The initial price is $119,716.00, and we are open to considering adjustments for genuinely interested buyers. Don’t miss this chance to acquire a property with great potential in one of the most sought-after areas in the city!

Location

View
  • City view

Features

Balcony
  • Balcony
Equipment and Appliances
  • Air Conditioners

Indoor facilities

Additional facilities
  • Laundry
Elevator
  • Elevator

Outdoor features

Security
  • Security
Car park
  • Guest parking
  • Car park
Panama City - Statistics
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ParametersPanama City
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 023.81
Apartment (1 bedroom) Outside of Centre$ 755.88
Apartment (3 bedrooms) in City Centre$ 2 123.58
Apartment (3 bedrooms) Outside of Centre$ 1 543.33
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 472.22
Price per Square Meter to Buy Apartment Outside of Centre$ 1 533.33
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ParametersPanama City
Crime Index47.45
Cost of Living and Rent Index37.16
Purchasing Power Index46.81
Property Price to Income Ratio10.95
Safety Index52.55
Traffic CO₂ Index6912.00
Traffic Inefficiency Index157.72
Rent Index26.22
Health Care Index59.50
Groceries Index52.37
Pollution Index61.35
Traffic Commute Time Index32.77
Restaurant Price Index49.41
Climate Index67.84
Cost of Living Index45.95
Quality of Life Index118.58
Traffic Index145.66
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ParametersPanama City
Restaurants
Meal, Inexpensive Restaurant$ 13.25
Meal for 2 People, Mid-range Restaurant, Three-course$ 62.50
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.00
Domestic Beer (0.5 liter draught)$ 3.00
Imported Beer (0.33 liter bottle)$ 4.00
Coke/Pepsi (0.33 liter bottle)$ 1.86
Water (0.33 liter bottle) $ 1.41
Cappuccino (regular)$ 3.59
Markets
Milk (regular), (1 liter)$ 1.80
Loaf of Fresh White Bread (500g)$ 2.51
Eggs (regular) (12)$ 2.68
Local Cheese (1kg)$ 12.77
Water (1.5 liter bottle)$ 1.47
Bottle of Wine (Mid-Range)$ 9.00
Domestic Beer (0.5 liter bottle)$ 1.22
Imported Beer (0.33 liter bottle)$ 2.14
Cigarettes 20 Pack (Marlboro)$ 5.50
Apples (1kg)$ 3.27
Chicken Fillets (1kg)$ 7.51
Oranges (1kg)$ 2.73
Potato (1kg)$ 2.17
Lettuce (1 head)$ 2.10
Rice (white), (1kg)$ 2.53
Tomato (1kg)$ 3.08
Banana (1kg)$ 1.59
Onion (1kg)$ 2.53
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 10.33
Transportation
One-way Ticket (Local Transport)$ 0.35
Monthly Pass (Regular Price)$ 25.00
Gasoline (1 liter)$ 0.97
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 19 750.00
Taxi Start (Normal Tariff)$ 2.25
Taxi 1km (Normal Tariff)$ 1.81
Taxi 1hour Waiting (Normal Tariff)$ 21.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 21 400.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 124.02
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 52.10
$ 29.44
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 914.58
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.08
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 47.27
Tennis Court Rent (1 Hour on Weekend)$ 24.17
Cinema, International Release, 1 Seat$ 7.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 53.91
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 37.78
1 Pair of Nike Running Shoes (Mid-Range)$ 87.62
1 Pair of Men Leather Business Shoes$ 108.75
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 439.17
International Primary School, Yearly for 1 Child$ 10 092.67
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityPanama City
TypeApartment
Bedrooms1
Living space80 m²
  • sq. ft
Completion dateIV quarter, 1972
Price
  • Price
  • per m²
$ 119 716