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Under construction
Main facade1/16

From

$220,900

Delivery 2028

Pinoalto Condo Suites — Boquete

Boquete · Empresas Bern

Developer
Empresas Bern
Delivery
2028
Price range
$220,900 – $584,800

Description

Pinoalto Condo Suites is Empresas Bern's mountain condominium inside Boquete Country Club, a five-minute drive from Boquete town. Phase 1 was delivered in May 2026. Phases 2 and 3 are in pre-sale, and Empresas Bern's price list of 9 May 2026 starts at $220,900 for a 47 m² hotel-style one-bedroom in Phase 3.

Phase and size set the price. In Phase 3, the 47 and 56 m² suites are listed at $4,700 per m², and the 106 and 114 m² two-bedroom-plus-studio units at $4,500 per m², up to $513,000. In Phase 2, hotel-style units start at $252,000 and two-bedrooms at $584,800. Phase 1, at 145 to 149 m², is nearly sold out, from $558,250.

The payment plan is 15% at signing, 10% at 6 months, 10% at 12 months and 5% at 18 months, with the balance on delivery. With 10% more down, the developer offers five-year financing, and states financing from 50% down with no bank pre-approval. Units come furnished, maintenance is $2.50 per m² per month, and Bern states it is the only condo project in Boquete with a hotel licence.

Amenities are a restaurant and bar, a heated pool and jacuzzis, fire pits, a barbecue area and a co-working space. be. by Empresas Bern manages the building. The 9 May list puts delivery of Phases 2 and 3 about 24 months out, so around 2028.

Prices by residence type

ResidenceSizeFrom
Phase 3 hotel-style 1 bedroom47 m²$220,900
Phase 3 hotel-style suite56 m²$263,200
Phase 3 two bedrooms + studio, 2 baths106 m²$477,000
Phase 3 two bedrooms + studio, 2 baths114 m²$513,000
Phase 2 hotel-style–$252,000
Phase 2 two bedrooms–$584,800
Phase 1 residence, nearly sold out (145–149 m²)–$558,250

Floor plans

Project details

Status
Under construction
Delivery
2028
Price per m²
$4,500 – $4,700
Developer price list
May 9, 2026

Monthly cost

TrueCost of this project

Second home or investment

$1,419

/month

Starting price

$220,900

$44,180 (20%) down

30-year loan at 7.50%

Principal & interest
$1,236
Property tax
$42est.
Life & fire insurance
$133est.
Compare bank rates
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$50,807
Discuss financingView bank ratesOpen the full calculator

*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
Boquete
Purchase price
$220,900
Down payment (20%)
$44,180

Compare banks based on your situation

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
$505 – $2,324 a year
As a second home or rental
$1,145 – $4,168 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 Boquete

Median asking price per m² of homes for sale in the area, from our monthly reading.

  • Apartments

    $2,169 /m²

    6 asking prices in 4 buildings · October 2026

    This project's list prices average $4,600/m², 112% above the median.

  • Houses

    $1,979 /m²

    40 asking prices · October 2026

See homes for sale in BoquetePrices 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.

The score appears once there are enough current prices for this area and neighborhood data for the location.

Investment observations

  • Existing apartments for sale in Boquete: median asking price $2,169/m²

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.

Location

More new developments nearby