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Listed by David Aguirre · Panama Property Guide

1/20
Apartment for sale

$650,000

237 m² apartment at Puntarena, Buenaventura

Puntarena Ocean Village, Puntarena Ocean Village, Buenaventura · Buenaventura

  • 3 beds
  • 3 baths
  • 2 parking
  • 237 m² Interior area
  • 2016 Year built
  • $500/month Maintenance fee
  • $2,746 Price per m²

Description

A 236.70 m² apartment at Puntarena Ocean Village, the cluster of red-roofed buildings beside the marina and the beach in Buenaventura. It has three bedrooms, three full bathrooms, an open kitchen, a laundry room and a large balcony. The listing broker says the views take in the Pacific, the marina and the Nicklaus Design golf course. Floors are marble, air conditioning is central with split units, and the apartment comes furnished. Two covered parking spaces are included. Maintenance is $500 a month and covers management, water, gas, a caretaker, the common areas and security. The asking price works out to about $2,746 per m². The 2016 complex has a pool, a sauna, a gym, a games room, a party room and a guard house, and the listing mentions a beach club and a children's play area. Possession is immediate. Listed on the PREA MLS by A Group Real Estate; details as of 8 June 2026.

Amenities

  • Swimming pool
  • Gym
  • 24/7 security
  • Social area
  • Balcony
  • Central air conditioning
  • Terrace
  • Ocean view

Property details

Property type
Apartment
Status
Available
Reference
MLS-000042C5
Listing courtesy of
A Group Real Estate
Days on market
1280
Availability verified
October 31, 2026
Last updated
June 8, 2026

Comparable price estimate

A research benchmark for this home's size, using similar properties in the building or area.

Asking-price benchmark

$645,206

Observed comparable range: $572,015 – $721,935

4 comparables · Same area · Median price/m² × this home's area. Range is sample spread, not a confidence interval.

See the evidence
  • Buenaventura$579,500 · 190 m²

    2026-10-31 · 3 beds

  • Paseo de Las Casas$600,000 · 248.28 m²

    2026-10-31 · 3 beds

  • Paseo de las Casas$595,000 · 209.11 m²

    2026-10-31 · 3 beds

  • Paseo de las Casas$545,000 · 209.11 m²

    2026-10-31 · 3 beds

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.

Home values in Buenaventura

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

  • Apartments

    $2,746 /m²

    5 asking prices in 3 buildings · October 2026

    At the median, a home of 237 m² would ask $649,978.

    This home asks $2,746/m², in line with the median.

See homes for sale in BuenaventuraPrices 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.

Monthly cost

TrueCost of this property

Second home or investment

$4,743

/month

List price

$650,000

$130,000 (20%) down

30-year loan at 7.50%

Principal & interest
$3,636
Property tax
$221est.
Life & fire insurance
$377est.
Compare bank rates
PH fee
$500
Bank handling
$9est.
Total due at close$149,500
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
Buenaventura
Purchase price
$650,000
Down payment (20%)
$130,000

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
$2,650 a year
As a second home or rental
$4,820 a year

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

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.

5.5

out of 10

Fair

Price & opportunity · 40%
7.6 / 10
Appreciation potential · 30%
5.0 / 10
Neighborhood · 30%
3.0 / 10

Investment observations

  • $2,746/m², in line with the median for similar-size homes in Buenaventura
  • Asking prices for similar-size homes in Buenaventura are 10% above Coclé as a whole ($2,500/m²)

Neighborhood

  • Beach about 21 min walk

Building

  • 4 building amenities

Area prices: median of 5 asking prices in 3 buildings for this property type from 178 to 316 m² in Buenaventura, including this one, with each building counted once, observed October 31, 2026. Asking prices are not sale prices. Neighborhood and construction data © OpenStreetMap contributors, as of October 31, 2026. Distances are measured in a straight line from the approximate location of the listing, 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.

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

Approximate location shown for privacy

Similar properties

$650,000

3 beds · 3 baths · MLS-000042C5