Rio Mar Tower 1

Gorgeous Ocean Front Condo, 3 bed/3bath Rio Mar
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Property Details

Property ID
For Sale
Rio Mar
Property Type
Sale Price
$ 420,000
$ 449
Built Area
187.5 m2
Total Area
187.5 m2
Title Status
Horizontal Property Title
Date Published
Aug 9, 2017
Aug 10, 2017
Times Viewed

Property Description

Rio Mar is a private and intimate property located on the Pacific Coast of Panama, in a lush tropical surrounding. 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 just about 12 minutes away.

Located in Tower 1 on a low floor this well-loved and beautifully furnished condo 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 187.5m2 / 2,018ft of living space. With three large bedrooms, spacious kitchen, large living and dining areas and large, corner balcony, this condo lives like a home.

The master bedroom enjoys a separate, private balcony. Bedrooms 2 and 3 share a large 'Jack and Jill' bathroom. The laundry room also has a full bathroom. The property is offered fully furnished, from the spoons to the sheets, and is in excellent condition.

The grounds are expansive and common areas meticulously manicured. Rio Mar offers 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 $420.00 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 years tax exoneration remaining
• ocean and mountain views from every window
• 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
• two balconies
• floor to ceiling windows - great ocean and mountain breezes year round
• central A/C
• water and gas included in HOA fee
• back up generator at full electrical capacity
• 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 beautiful property, please call 6205-5782

Property Features

  • Furnished
  • Appliances
  • Pet Friendly
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Balcony/Terrace
  • Ocean View
  • Beachfront
  • Ocean Waterfront


  • Pool Outdoors
  • Gym
  • Elevator
  • Visitor Parking


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