Apartment for sale in Marbella

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Property Details

Property ID
For Sale
Property Type
Sale Price
$ 330,000
Year Built
Built Area
180.32 m2
Lot Size
180 m2
Date Published
Apr 30, 2022
May 4, 2022
Times Viewed

Property Description


Apartment for sale on Avenida Balboa, located in the heart of Marbella, one of the best neighborhoods in Panama City

The living area consists of 175.32 m2, plus 5 m2 of balcony that was closed and added to the room, making a total of 180.32 m2.

Built in 1997, completely renovated and modernized between 2010 – 2021. All floors are 60 x 60 cm Italian porcelain.

There are only 2 apartments per floor with an entrance lobby and a separate service lobby

Main entrance hall in the apartment has 2 elevators, Italian porcelain on the floor, matching tiles and a mirror that decorates the wall. Decorative lamps. Multi-lock security steel door, at the main entrance.

Service entrance hall with 1 elevator, Italian porcelain on the floor. Multi-lock security steel door, through which you enter the kitchen. Open area towards the service stairs. Motion sensor lights to save energy. Alarms and fire hose.

Large living room and dining room with panoramic views of the Bay of Panama, Amador and Taboga Islands, Av. Balboa, Cinta Costera and Casco Viejo. Roller blinds against 98% UV, sliding windows, FLOUU Inverter air conditioning, plus 3 Hunter brand stainless steel ceiling fans. Decorative lamps.

The pre-existing terrace in the living room area has been closed off and added to the internal living space. However, there is the option to install glass doors and open the terrace again (approx. 9 m2).

Guest bathroom, decorated with bamboo flooring and a full wall of mirror.

Distribution hall to the bedrooms, separated from the living and dining area. Wall mounted cabinet and floor to ceiling shelving unit.

Master bedroom with panoramic view of the bay / sea facing Av. Balboa, with large wall-to-wall and floor-to-ceiling closet, walk-in-closet, full bathroom (shower overflowed with natural stone and GROHE shower set). Black-out style curtains, anti-noise double-glazed aluminum window and new LG Inverter air conditioning. The floor of the bedroom and the Walkin-closet is made of natural bamboo. Hunter ceiling fan.

Second bedroom with panoramic city views, large wall-to-wall and floor-to-ceiling closet and fully remodeled full bath with glass-door shower and decorative faucets. Black-out type roller blind and new Panasonic Inverter air conditioning.

Third bedroom (and/or den) with panoramic city views, large wall-to-wall and floor-to-ceiling closet and fully remodeled full bath with glass door shower and decorative faucets. Black-out type roller blind and LG Inverter air conditioning.

Kitchen with panoramic city views, floor-to-ceiling modern built-in cabinets with 23" stainless steel handles, Bounce-back drawers, Italian natural stone countertops, small breakfast bar, White Westinghouse stainless steel 2-door refrigerator , stainless steel Teka extractor, Lennox air conditioning, black-out roller shade, white cabinet-mounted Frigidaire dishwasher. Mabe stainless steel gas cooker. Intercom to ground floor concierge/security, and also between units. Steel multi-lock security door, through which you enter the service lobby and directly to the service elevator.

Laundry room with panoramic view of the city, built-in storage and cabinets from floor to ceiling, laundry cabinet from floor to ceiling, all with 58cm stainless steel handles. New modern gas water heater. Gas connection for washer/dryer. Samsung brand gas dryer and Samsung brand washing machine both front-feed style.

Service / Utility room and bathroom. Panoramic view of the city, built-in floor to ceiling cabinets, all with 58cm stainless steel handles (used as a storage unit for sports items and golf clubs).

Two private parking spaces located in the underground level, just in front of the access door to the lobby of the main elevators and access to the service lobby.

NOTE: Apartment is on a high level and 4 parking levels. The 13th floor does not exist in this building.

The monthly maintenance fee of $325.- (three hundred twenty-five US dollars) must be paid to the Building Administration. This amount includes water, gas and garbage collection, recycling collection, cleaning of the front and rear entrance halls of the apartment and cleaning of all social and public areas.


The access to the building is on Calle Los Jades, a quiet dead end street.

The front of the building faces Av. Balboa and the Panama bay/sea, and the back faces the city.

Building built in 1997 and completely renovated between 2014 - 2015.

50 apartments distributed over 25 levels and 4 Penthouses distributed over 5 levels.

Main entrance with marble floor and walls, modern decoration in large lobby area, 2 main elevators.

Service entrance, 1 service elevator, garbage disposal area and recycling corner (the building is one of the few buildings in Panama that offers recycling service to the inhabitants).

2 independent entrances to the parking levels, 1 parking level is underground and the other 4 are elevated.

Closed circuit security cameras, permanently monitored by security personnel. The cameras record, and there are more than 16 cameras distributed throughout all the entrances and public areas of the building.

The entrances to the building, main and service, for the inhabitants is with a token or fingerprint.

Fire detectors and alarms on all floors of the building.

2 water reserve tanks.

Power generator for public areas.

SOCIAL AREA – divided into two levels

Large sitting/lounge area with garden furniture and plants.

Swimming pool for adults, with a panoramic view of the bay / sea in front of Avenida Balboa.

Children's pool, with panoramic views of the bay/sea facing Balboa Avenue.

Terrace with artificial grass floor and pool furniture around them.

Full bathrooms and showers for men and women under the pool area.

Barbecue area with stainless steel grill and panoramic view of the bay / sea in front of Av. Balboa.

Event and party room with men's and women's bathrooms and a large open kitchen and bar. Equipped with freezer, microwave and industrial stainless steel sink. Decorative stone wall.

Large fully equipped gym with modern cardio, exercise, and weight machines. Full bathrooms for men and women.

Big basketball court.

Panoramic Ocean View

SAFETY – The following are the measures taken to ensure a safe and healthy environment

Security and Concierge 24 hours.

Entry to the building is with a fingerprint reader or token.

Only inhabitants/owners who are registered with the Administration can have their fingerprint registered.

There are 2 entrances to the garage/parking levels, both of which can only be accessed with a remote.

Closed circuit TV with 16 security cameras recording at all times, distributed in all common areas of the building, including social area, main entrance, service entrance, gym, swimming pool, parking levels, etc.

No guests, deliveries or workers are allowed in the building unless previously authorized by the owners.

Persons entering the building must sign in and show valid identification at the concierge desk.

Property Features

  • Swimming Pool
  • Air Conditioning
  • Partially Furnished
  • Modern
  • Ocean
  • Near Amenities
  • Near Medical Center
  • Near Public Transportation
  • By the sea
  • Near Hospital
  • Near Highway
  • Near Fitness centre
  • Near Children's Park
  • Near Bus
  • Good reachable traffic
  • Frequency location
  • Downtown
  • City Center
  • Maid's bathroom
  • Split Unit Room A-C
  • Fridge
  • Dryer
  • Dishwasher
  • Conventional Gas Oven
  • Gymnasium
  • Security - Surveillance
  • Electrical generator
  • Gas
  • Glass Siding
  • 2 Car Garage
  • Concrete
  • Common Areas
  • Pets Not Allowed

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