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Prime Residential Tower Development Site in Marbella, Panama City

€3,931,000€1,939/m²

Panama City, Panama

  • 2

    bedrooms

  • 2

    bathrooms

  • 2,027 m²

    interior

  • 774 m²

    plot

  • Land

    property type

  • 7 Jul 2026

    listed

The Habio take

AI summary

This exceptional residential tower site in Marbella, Panama City offers a lucrative redevelopment opportunity with the potential for luxury apartments. Located in a prestigious district, it promises significant income and capital appreciation.

  • city
  • investment
  • luxury
  • new build

Highlights

  • Prime redevelopment opportunity
  • Established high-yield rental income
  • Zoned for a 15-story luxury tower
  • High demand area with premium amenities
  • Proximity to Tocumen International Airport

Good fit for: Ideal for developers and investors looking for prime real estate in an upscale urban setting.

Lifestyle scores

Beach
65
Walkable
90
Remote work
70
Family
75
Retirement
80
Airport access
85
Investment
85
Luxury
80
Value
60

About this place

This prime 774 m² plot is currently home to a three-story residential complex featuring 2,027 m² of living space. The existing structure generates a substantial annual rental income of $267,600, making it a high-yield investment. It includes a luxury independent residence with a private pool, a triplex unit with a private terrace and jacuzzi, and eight modern apartments designed for the upscale rental market.

The site is zoned for medium-intensity urban development, allowing for a 15-story luxury residential tower with potential for up to 70 apartments, each averaging 115 m². The development is well-positioned in Marbella, known for its convenience, upscale amenities, and a vibrant lifestyle within walking distance of restaurants and nightlife. The upcoming project is projected to encompass approximately 8,050 m² of premium residential space, with a competitive parking ratio for ease of living.

Panama City is celebrated for its unique blend of modernity and rich history, offering a dynamic urban environment alongside natural beauty, including a tropical rainforest. This location is not only a gateway to high-end residential living but also an investment in one of the fastest-growing markets in the region.

PA

Buying property in Panama

Full guide →

In Panama, purchasing property involves a structured legal process requiring due diligence and contract registration. Buyers should expect to budget approximately 3–5% of the property's value for additional fees and taxes beyond the sale price.

  • Property buying processes in Panama can vary regionally and are subject to periodic updates.

Confirm all steps and costs with a qualified local attorney to ensure compliance with current regulations.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser.

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