Rio Mar

Luxury Beach Front Apartment for sale in Rio Mar
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Property Details

Property ID
For Sale
Rio Mar
Property Type
Sale Price
$ 429,900
$ 384
Built Area
162 m2
Total Area
162 m2
Title Status
Horizontal Property Title
Date Published
Nov 28, 2016
Jan 20, 2018
Times Viewed

Property Description

Located on the Pacific of Panama, in a lush tropical surround, the private community at Rio Mar Resort offers seclusion, tranquility and exclusivity while being within easy reach of Panama City and all of the conveniences of Coronado, the Hub of the beach towns and only 10 minutes away.

Located in Tower 1 on a high floor with unobstructed views, this gorgeous condo has many upgrades and is offered fully furnished. Every angle from this stylish property offers stunning, never-ending Pacific Ocean views.

The floor plan flows well and the condo offers 162m2 of living space. With two large bedrooms, each with private bath, and a half bath for visitors, a spacious kitchen, large living and dining rooms and big balcony, this condo lives like a home. The master bedroom enjoys a separate, private balcony. The property is offered fully furnished and is in excellent condition.

The grounds are large and meticulously manicured and offer many spaces to spend time enjoying the views, the swimming pools, the weather, privacy or time with friends and family. Two dedicated, private walkways from the common areas offer direct beach access where you can walk, paddle board, surf, swim or just 'be.'

Monthly maintenance fee is $384.00 and includes one dedicated, covered parking stall, water, gas, trash collection, 24/7 gated security, four swimming pools, modern gymnasium, spa, concierge, beautifully groomed common areas, and more! Plenty of parking is available for friends and family visits.

This property boasts the following list of benefits and amenities:

• 13 yr tax exoneration remaining
• ocean and mountain views from every window - high-floor unit
• built and occupied in 2010
• for sale by original owner
• one of Panama’s most sought after gated communities
• beachfront on one of the best surfing beaches in Panama
• 15 minutes from Coronado and 15 minutes from Playa Blanca
• fully furnished and accessorized
• stainless steel appliances
• many upgrades throughout
• two balconies
• floor to ceiling sliding doors - great ocean and mountain breezes year round-UV tinted windows
• custom shades inside and out
• central A/C
• water and gas included in HOA fee
• back up generator at full electrical capacity
• loads of storage plus additional storage units available
• covered parking with a deeded parking space
• parking for visitors
• 24 hr concierge
• restaurant on site
• gym included
• spa on site
• club house with bar & pool table included
• game room included
• bocce ball court
• kid’s playground
• kid’s futbol court
• several pools at your disposal (salt water and chlorinated)
• maid service available
• property management available
• towel service included
• grocery delivery available
• trash collection at condo door
• 24 hr gated security
• superb administration

For additional information on this luxurious property, please call 6205-5782

Property Features

  • Furnished
  • Appliances
  • Pet Friendly
  • Laundry Room
  • Balcony/Terrace
  • 24 Hour Security
  • Gated Community
  • A/C
  • Internet & Cable Ready
  • Ocean View
  • Beachfront
  • Mountain View
  • Ocean Waterfront


  • Pool Outdoors
  • Tennis Court
  • Gym
  • BBQ
  • Elevator
  • Generator
  • Kids Playground
  • Close to Shopping Centers
  • Close to Schools
  • Close to Main Roads
  • Water Reserve Tank
  • Gated Residential Tower


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