
Silver Bay
Marbella · Silver Bay Properties, S.A.
From
$157,500
86 units
From
$217,000
Delivery 2029Bella Vista · Empresas Bern
Uptown Condo Suites is Empresas Bern's 39-storey tower on Calle Uruguay in Bella Vista, Panama City, with furnished apartments sold for short-term rental. Empresas Bern's price list of 13 July 2026 starts at $217,000 for a 35 m² studio, or $6,200 per m².
Size sets the price per m². One-bedrooms of 69 to 103 m² start at $336,000, from $4,870 per m², and are listed as convertible to two bedrooms for $8,000 more. A 131 m² lock-off suite, which splits into units of 85 m² and 46 m², starts at $660,000. Apartment 9G, an 86 m² corner unit facing the Spiral Building, is listed at $412,000. From March to July 2026 the list rose 12.7% for studios and 3.8% for one-bedrooms.
A $5,000 refundable deposit reserves a unit. The balance to 15% is due at signing, then 10% at 8 months, 5% at 16 months and 70% on delivery. Studios pay 50% at signing and 50% on delivery. The developer lists bank financing and a $4 per m² monthly fee. Roche Bobois furnishes the units, and the list describes a hotel-commercial licence covering Airbnb, VRBO and Expedia, with be. by Empresas Bern as manager.
The plans include a rooftop pool, bar and jacuzzi for owners on levels 35 and 36, restaurants, a wellness club, a gym and a boutique theatre. Bern's list moved delivery from the first quarter of 2028 to early or mid-2029.
| Residence | Size | View | From |
|---|---|---|---|
| Studio suite, furnished | 35 m² | – | $217,000 |
| 1 bedroom, convertible to 2 (+$8,000), 69–103 m² | – | – | $336,000 |
| Lock-off suite, splits into 85 m² + 46 m² | 131 m² | – | $660,000 |
| Apartment 9G, corner unit | 86 m² | Facing the Spiral Building | $412,000 |
Monthly cost
$1,393
/month
Starting price
$217,000
$43,400 (20%) down
30-year loan at 7.50%
The PH fee is not listed for this project and is left out of the total.
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.
7.83%
With FECI
7.50%
Rate
Averages of published starting rates, for information only. .
Rate
8.00%
starting rate
Payment
$1,274
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.
Estimated yearly tax at the asking price. The rate depends on how the home is registered.
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
Median asking price per m² of homes for sale in the area, from our monthly reading.
Apartments
$2,005 /m²
59 asking prices in 44 buildings · October 2026
This project's list prices average $5,496/m², 174% above the median.
Houses
$1,962 /m²
6 asking prices · October 2026
See homes for sale in Bella VistaPrices 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.
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.
6.7
out of 10
Good
Neighborhood
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
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.
Estimated for the lowest-priced unit, about 35 m² from $217,000, rented out furnished with no mortgage.
Worked out for the smallest unit at the lowest list price, paid in full today. Rent: what 8 comparable homes for rent in Bella Vista 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.
Ask David Aguirre about Uptown Condo Suites.

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86 units

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