1 bedroom Apartment in Panama City, Panama No. 70654
ID70654
$ 108 000
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!Panama City - Statistics
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| Parameters | Panama City |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 072.92 |
| Apartment (1 bedroom) Outside of Centre | $ 829.41 |
| Apartment (3 bedrooms) in City Centre | $ 2 130.64 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 706.25 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 568.18 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 628.57 |
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| Parameters | Panama City |
|---|---|
| Crime Index | 47.45 |
| Cost of Living and Rent Index | 37.69 |
| Purchasing Power Index | 48.64 |
| Property Price to Income Ratio | 10.81 |
| Safety Index | 52.55 |
| Traffic CO₂ Index | 6912.00 |
| Traffic Inefficiency Index | 157.72 |
| Rent Index | 27.75 |
| Health Care Index | 59.50 |
| Groceries Index | 51.42 |
| Pollution Index | 61.35 |
| Traffic Commute Time Index | 32.77 |
| Restaurant Price Index | 45.77 |
| Climate Index | 67.84 |
| Cost of Living Index | 45.56 |
| Quality of Life Index | 119.49 |
| Traffic Index | 145.66 |
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| Parameters | Panama City |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 11.50 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 57.50 |
| 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) | $ 1.75 |
| Water (0.33 liter bottle) | $ 1.40 |
| Cappuccino (regular) | $ 3.58 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.80 |
| Loaf of Fresh White Bread (500g) | $ 2.54 |
| Eggs (regular) (12) | $ 2.71 |
| Local Cheese (1kg) | $ 12.90 |
| Water (1.5 liter bottle) | $ 1.59 |
| Bottle of Wine (Mid-Range) | $ 10.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.28 |
| Imported Beer (0.33 liter bottle) | $ 2.38 |
| Cigarettes 20 Pack (Marlboro) | $ 5.93 |
| Apples (1kg) | $ 3.48 |
| Chicken Fillets (1kg) | $ 7.60 |
| Oranges (1kg) | $ 2.89 |
| Potato (1kg) | $ 2.14 |
| Lettuce (1 head) | $ 2.18 |
| Rice (white), (1kg) | $ 2.63 |
| Tomato (1kg) | $ 3.08 |
| Banana (1kg) | $ 1.62 |
| Onion (1kg) | $ 2.67 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 10.23 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 0.35 |
| Monthly Pass (Regular Price) | $ 25.00 |
| Gasoline (1 liter) | $ 0.95 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 19 500.00 |
| Taxi Start (Normal Tariff) | $ 2.50 |
| Taxi 1km (Normal Tariff) | $ 1.81 |
| Taxi 1hour Waiting (Normal Tariff) | $ 22.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 21 777.78 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 121.59 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 49.85 |
| $ 29.96 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 970.42 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.32 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 50.31 |
| Tennis Court Rent (1 Hour on Weekend) | $ 25.83 |
| Cinema, International Release, 1 Seat | $ 7.50 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 54.00 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 44.55 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 87.93 |
| 1 Pair of Men Leather Business Shoes | $ 114.00 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 490.71 |
| International Primary School, Yearly for 1 Child | $ 12 800.00 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Panama City
Apartment
1
80 m²
- m²
- sq. ft
IV quarter, 1972
$ 108 000
Price history
08.01.2025
$ 108 000
09.11.2024
$ 119 716
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