Under construction
Delivery Q1 2027More about this project
5CERO4 Park & Residences
San Francisco · SBA Group
From
$225,600
Under construction
Landscaped sidewalk1/14
From
$293,040
Delivery 2027A19 Cincuentenario — Coco del Mar
San Francisco · Desarrolladora Áurea
- Developer
- Desarrolladora Áurea
- Delivery
- 2027
- Total units
- 104
- Price range
- $293,040 – $798,000
Description
A19 Cincuentenario is a 26-level, 104-apartment tower by Desarrolladora Áurea in Coco del Mar, between Parque Omar and Panama Bay on Vía Cincuentenario. The developer's price list of 29 September 2026 starts at $293,040 for a 74 m² one-bedroom on level 19, and each line is offered with a bay or a park view.
Level and size set the price. Within a line the price rises by a fixed step per floor, $1,899 per level for the 95 m² two-bedroom, which starts at $334,259 on level 8. The 102 m² and 104 m² two-bedrooms start at $357,175 and $363,930, the 138 m² three-bedroom at $499,560, and the 210 m² three-bedroom with a service room at $793,800. Across the list, prices work out to $3,499 to $4,050 per m².
Optional packages cost extra: installed LG air conditioning from $3,000, an LG appliance package with a washer-dryer tower from $7,000, and furniture from $20,000. A storage unit of 2.5 to 3.4 m² on the apartment's floor costs $7,000, one per apartment. Level 15 holds the model apartments. The list gives no payment plan or association fee.
The pool, barbecue area, terrace and sky deck are on level 26, and a lounge, coworking space, gym, kids' room, urban garden and walking trail on level 25. The developer's brochure shows the tower under construction in February 2026, and its website estimates delivery in 2027.
Prices by residence type
| Residence | Size | View | From |
|---|---|---|---|
| 1 bedroom | 74 m² | Bay or park | $293,040 |
| 2 bedrooms | 95 m² | Bay or park | $334,259 |
| 2 bedrooms | 102 m² | Bay or park | $357,175 |
| 2 bedrooms | 104 m² | Bay or park | $363,930 |
| 3 bedrooms | 138 m² | Bay or park | $499,560 |
| 3 bedrooms and service room | 210 m² | Bay or park | $793,800 |
Floor plans
Project details
- Status
- Under construction
- Delivery
- 2027
- Price per m²
- $3,499 – $4,050
- Developer price list
- September 29, 2026
Monthly cost
TrueCost of this project
Second home or investment
$1,890
/month
Starting price
$293,040
$58,608 (20%) down
30-year loan at 7.50%
- Principal & interest
- $1,639
- Property tax
- $72est.
- Life & fire insurance
- $170est.
- PH fee
- Bank handling
- $9est.
The PH fee is not listed for this project and is left out of the total.
Total due at close$67,399
Down payment$58,608
Closing costs (est. 3% of price)$8,791
Legal, notary, Public Registry, appraisal and bank closing charges. Paid once, separate from the monthly cost.
Property tax applies Law 66 of 2017 brackets to the price. A main home registered with the DGI is exempt to $120,000, then pays 0.5% to $700,000 and 0.7% above; other properties are exempt to $30,000, then pay 0.6% to $250,000, 0.8% to $500,000 and 1% above. The tax is charged on the registered value, and newer buildings may be exempt. Insurance assumes life cover of $0.50 per $1,000 of loan a month (Banistmo publishes $0.21 to $1.00 by age) and fire cover at Banistmo's $0.15 to $0.19 per $1,000 of value, with ITBMS. Bank handling is $8.56 a month, as Banco General and Banco Nacional charge. Closing costs assume 3% of the price; buyers typically pay 2% to 5% in cash purchases and 3% to 7% with a mortgage. Replace any figure with Edit payment.
*30-year average of published bank rates: 7.83% with FECI / 7.50% rate. Source: Banco General, Banistmo and Banco Nacional tariffs, checked September 13, 2026. Not a live feed, an offer or a pre-approval.
30-year average:
7.83%
With FECI
7.50%
Rate
Averages of published starting rates, for information only. .
- Location
- San Francisco
- Purchase price
- $293,040
- Down payment (20%)
- $58,608
- Get your quote
- Get your quote
Rate
8.00%
starting rate
Payment
$1,720
/mo
Compare banks based on your situation
These are starting rates from each bank's published tariff, not offers. Panama Property Guide has no partnership with these banks and is not paid to show them. Your rate, term and financing depend on the property, your income, residency and the bank's appraisal. Get your quote sends your scenario to this home's agent, who can help you contact the bank.
Rates checked by Panama Property Guide from each bank's published terms on September 13, 2026.
Property taxes
Estimated yearly tax at the asking price. The rate depends on how the home is registered.
- As your main home
- $865 – $3,586 a year
- As a second home or rental
- $1,664 – $6,300 a year
A new first home valued between $120,000 and $300,000 and registered as the owner's main residence pays no property tax for three years.
Ley 66 de 2017 brackets, applied progressively. Main home registered as Vivienda Principal or Patrimonio Familiar Tributario: 0% to $120,000, 0.5% to $700,000, 0.7% above. Any other property: 0% to $30,000, 0.6% to $250,000, 0.8% to $500,000, 1% above. The tax is charged on the registered cadastral value of land and building, which usually differs from the asking price, and some buildings keep construction exemptions under earlier laws. Ley 66 de 2017
Home values in San Francisco
Median asking price per m² of homes for sale in the area, from our monthly reading.
Apartments
$1,837 /m²
72 asking prices in 62 buildings · October 2026
This project's list prices average $3,775/m², 105% above the median.
Houses
$2,038 /m²
9 asking prices · October 2026
See homes for sale in San FranciscoPrices in every area
Panama Property Guide's own reading of homes listed for sale, with each building counted once so one tower cannot set the figure. Asking prices are not sale prices, and the median says nothing about a particular home's condition, view or floor.
Panama Property Score
A score out of 10 from our proprietary algorithm. It weighs this project's list prices against other new developments nearby, its potential to gain value and its neighborhood.
7.6
out of 10
Very good
- Price & opportunity · 40%
- 7.9 / 10
- Appreciation potential · 30%
- 6.2 / 10
- Neighborhood · 30%
- 8.5 / 10
Investment observations
- Developer list prices of $3,499–$4,050/m²; the midpoint is 4% below the median for new developments in San Francisco ($3,925/m²)
- Existing apartments for sale in San Francisco: median asking price $1,837/m²
- New developments in San Francisco list 7% below those across Panama City ($4,212/m²)
- 2 active construction sites within 1.5 km
Neighborhood
- 16 restaurants and cafés within 800 m
- Supermarket about 11 min walk
- Park about 10 min walk
- 5 bus stops within 500 m
New-development prices: median of 8 developer price lists in San Francisco, dated June 1, 2026 to September 29, 2026. List prices are not sale prices. Neighborhood and construction data © OpenStreetMap contributors, as of October 26, 2026. Distances are measured in a straight line from the approximate location of the project, and walking times are estimates. Licence
How the score works
Price & opportunity (40%): is the price per m² cheap or expensive next to properties of the same type and a similar size for sale in the same area? A price in line with the area scores about 7.5, and the further below the area it is, the closer it gets to 10. Expected rental income also counts when we know local rents, and a recent price cut or qualifying for Panama's lower mortgage rate on a first new home adds a little.
Appreciation potential (30%): signs the area could gain value, such as a Metro or rail line being built nearby, new construction around it, a good neighborhood still priced below the rest of the district, or a newer building.
Neighborhood (30%): how many shops, restaurants, bus and Metro stops, parks and schools are within walking distance.
For a new development, price compares the midpoint of the developer's published price per m² range with other new developments we list in the same area, widening to the district when there are fewer than three. Asking prices for existing apartments nearby are shown for context and do not change the score. Developer price lists sit closer together than resale prices, so the same gap moves a project's price score twice as far. Every project is new, so being new adds nothing, and there is no rental estimate yet.
Scores run from 3 to 10: under 5.5 is poor, 5.5 to 6.4 fair, 6.5 to 7.4 good, 7.5 to 8.4 very good, and 8.5 or more excellent. They only appear when we have price data plus at least one other part. A missing Metro line or building site nearby is left out rather than counted against the property. It is a research tool, not an appraisal, a forecast or investment advice.
Rent and returns
Estimated for the lowest-priced unit, about 74 m² from $293,040, rented out furnished with no mortgage.
- Estimated rent
- $1,425/month
- Gross yield
- 5.8%
- Net yield
- 4.2%
- $12,436 a year after costs
Worked out for the smallest unit at the lowest list price, paid in full today. Rent: what 10 comparable homes for rent in San Francisco ask, matched on bedrooms and size and seen up to October 27, 2026, assuming the home is let furnished, with one vacant month a year, less the PH fee and property tax at second-home rates, with rent starting at delivery. Developer list prices are not sale prices. An estimate, not a promise of returns.
Location
Ask David Aguirre about A19 Cincuentenario.
More new developments nearby
Under construction
Under construction