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Pre-construction
Tower1/11

From

$177,632

Delivery 2029

The Label by Loft Art — Avenida Balboa

Avenida Balboa · Loft Art

Developer
Loft Art
Delivery
2029
Total units
200
Price range
$177,632 – $394,856

Description

A tower of two-level lofts on Avenida Balboa by the Cinta Costera, with ocean views and double-height windows. It has 200 apartments on levels 6 to 25, ten per level, plus 10 commercial units. The September 2026 price list has 45 m² lofts from $177,632, the 56.6 m² model J with a barbecue terrace from $208,288, the 82 m² model A from $309,091 and a 102.56 m² two-bedroom at $374,344 to $394,856, about $3,650 to $3,950 per m². Amenities include a pool, solarium, gym, coworking, a café-restaurant and a rooftop, with a pharmacy and minimarket on the ground floor. Delivery is expected in 2029.

Floor plans

Project details

Status
Pre-construction
Delivery
2029
Price per m²
$3,650 – $3,950
Developer price list
September 1, 2026

Monthly cost

TrueCost of this project

Second home or investment

$1,133

/month

Starting price

$177,632

$35,526 (20%) down

30-year loan at 7.50%

Principal & interest
$994
Property tax
$24est.
Life & fire insurance
$107est.
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$40,855
Discuss financingView bank ratesOpen the full calculator

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*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
Avenida Balboa
Purchase price
$177,632
Down payment (20%)
$35,526

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
$288 – $1,374 a year
As a second home or rental
$886 – $2,479 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 Avenida Balboa

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

  • Apartments

    $2,426 /m²

    16 asking prices in 11 buildings · November 2026

    This project's list prices average $3,800/m², 57% above the median.

  • Houses · Bella Vista

    $2,209 /m²

    7 asking prices · November 2026

See homes for sale in Avenida BalboaPrices 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.

8.1

out of 10

Very good

Price & opportunity · 40%
8.5 / 10
Appreciation potential · 30%
5.9 / 10
Neighborhood · 30%
9.7 / 10

Investment observations

  • Developer list prices of $3,650–$3,950/m²; the midpoint is 10% below the median for new developments in Bella Vista ($4,212/m²)
  • Existing apartments for sale in Avenida Balboa: median asking price $2,426/m²
  • A Metro or rail line under construction about 3 km away
  • 8 active construction sites within 1.5 km

Neighborhood

  • Metro station about 16 min walk
  • 40+ restaurants and cafés within 800 m
  • Supermarket about 2 min walk
  • Park about 2 min walk

New-development prices: median of 6 developer price lists in Bella Vista, dated July 8, 2026 to September 17, 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 49 m² from $177,632, rented out furnished with no mortgage.

Estimated rent
$1,100/month
Gross yield
7.4%
Net yield
5.7%
$10,051 a year after costs

Worked out for the smallest unit at the lowest list price, paid in full today. Rent: what 3 comparable homes for rent in Avenida Balboa 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

More new developments nearby