This apartment at Monaco, in Obarrio, measures 154 m². It has two bedrooms, each with a full bathroom, maid's quarters with its own full bathroom, and an office space that opens directly from both bedrooms. The listing says the unit is on a high floor, has city views from every room, a spacious kitchen and a large laundry room, and could be converted to three bedrooms. Two garage parking spaces are included, and maintenance is $225 a month, which includes gas. The asking price works out to about $1,487 per m². The 1990 building has a pool, an elevator and a lobby with security, and the listing says there are only two apartments on each floor and a Metro station two blocks away. The apartment is furnished. Possession is listed as immediate. Listed on the PREA MLS by Carlos A. Camaño Ruiz; details as of 28 June 2026.
Property details
Property type
Apartment
Status
Available
Reference
MLS-000061C5
Listing courtesy of
Carlos A. Camaño Ruiz
Days on market
95
Availability verified
October 21, 2026
Last updated
June 28, 2026
Comparable price estimate
A research benchmark for this home's size, using similar properties in the building or area.
More comparable evidence needed
At least three recent, distinct comparables on the same price basis are required. Research added through the CRM updates this estimate automatically.
Advertised prices are not completed sales or an appraisal. Condition, views, floor, seller terms and legal issues can change value. Bank guide prices may differ from the price an offer will achieve.
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. .
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.
Price history
TrueTrend
How asking prices per m² have moved in Panama City since 2017, with a monthly reading for Bella Vista.
Panama City (RIAL)
Bella Vista
March 2026
Panama City (RIAL)
—
Bella Vista
$2,417/m²
This property's asking price$1,487/m²
Panama City: median asking price per m² of 1 and 2 bedroom apartments of 20 to 100 m², priced $10,000 to $300,000, in Obarrio, Marbella and San Francisco, from the RIAL report by Universidad Torcuato Di Tella for the last week of each March and September. Bella Vista: Panama Property Guide's own analysis of asking prices per m² in property listings, one median per month. Each point is the median of that month's reading and the previous 2 readings. Asking prices are not sale prices. RIAL reports
Panama Property Score
A score out of 10 from our proprietary algorithm. It weighs this property's price against its area, 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.
How the score works
Price & opportunity (40%): is the price per m² cheap or expensive next to similar properties 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.
Scores run from 3 to 10, and 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.
Building safety & resilience
Evidence about the building and its surroundings, separate from the investment rank.
Building evidence is not available yet
Ask the agent for structural reports, fire and gas inspection records, flood and drainage history, and details of water storage and backup power.
