Ipanema Residences

Panama City, Panama

1 / 10

Price from

$312,810

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$3,913 / m²

cheaper than 100% of city projects

-18% vs the city median (Panama City), sample of 5 projects

Write Now

Data verified Aug 5, 2026price source: developer partner networkupdated 25 days ago

Properties

Condominium

Area

65 - 103 m²

Bedrooms

1 - 3

Readiness

Under construction

Available

6 of 6

Dry season

Feb, Mar, Jan

First instalment

10%

Properties

Condominium

Area

65 - 103 m²

Bedrooms

1 - 3

Readiness

Under construction

Available

6 of 6

Dry season

Feb, Mar, Jan

First instalment

10%

Is this expensive for the city

$3,913per m²cheaper than 100% of city projects

Median $4,800

$3,913$5,775

-18% vs the city median (Panama City), sample of 5 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

Your entry strategy

Receive a tailored breakdown of this project within 15 minutes

We will walk through realistic returns, the main risks, what is driving growth, and the buying approach that fits your budget.

Current developer pricing and unit availability
A path to ROI along with exit options
Quick response through the messenger app you prefer

What it really costs

Payment plan

Step 1
On contract
10%
$31,281
Step 2
Before commissioning
20%
$62,562
Step 3
On transfer
70%
$218,967

Total100%$312,810

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

Purchase price: $312,810

Monthly rent: $1,600

$300$4,700

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

Ask agent about rental rates Telegram

Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$1,167

Annual income

$14,006

Gross yield

5.8%

Net yield

4.5%

Value in 5 years

$418,611

5-year ROI

56%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Feb, Mar, Jan

Wettest months: Oct, Jun, Nov

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

Monthly climate normal: temperature and rainfall
Month	Temperature, °C	Rainfall, mm
Jan	26.6	20
Feb	26.9	9
Mar	27.5	18
Apr	28.1	107
May	27.8	245
Jun	27.4	253
Jul	27.2	204
Aug	27.2	220
Sep	27.1	245
Oct	26.8	260
Nov	26.7	248
Dec	26.8	108

Source: NASA POWER, climate normal (2001-2020). Grid node 9.0, -79.5. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

Available

Area

65 - 103 m²

Properties

Condominium

Status

Under construction

Total units

Available

Area

65 - 103 m²

Description

Two buildings and six units make up Ipanema Residences in Panama City, developed by GLP Properties. The property is under construction, with unit sizes ranging from 64.8 to 102.5 square meters and layouts spanning one to three bedrooms.

Prices start at 312,810.29 USD and go up to 525,865 USD, with a price per square meter of 4,827 USD. All 6 of the 6 units remain available, so the full range of layouts and sizes is still open to buyers at this stage.

The project sits in Panama City, Panama. With sizes starting at 64.8 square meters for one-bedroom layouts and extending to 102.5 square meters for three-bedroom units, the building covers a compact range of configurations across its two structures.

Location

Panama City, Panama

Market context

Panama City price per sqm

$1,804‑$2,483

Panama City rent growth

12%

Gross rental yield

6.8%‑9.5%

Home sales growth 2023

20.7%

Foreign buyer share of new builds

34%

+15 pp since 2020

Residential prices in Panama City are recovering, with average values now between $1,804‑$2,483 per square metre, reflecting modest upside. Rental demand remains strong, as city rents rose about 12% year‑over‑year in Q1 2025 and gross yields sit between 6.8% and 9.5%. Foreign investors are increasingly active, accounting for 34% of new‑development purchases in 2023, drawn by tax‑friendly policies and residency programmes.

Sources (6) · updated 21/08/2026

Similar properties

Uptown Tower

Panama City, Panama

Price from: $217,000

Westin Residences

Panama City, Panama

Price from: $440,000

Bosco Di Santa Maria

Panama City, Panama

Price from: $533,264

Do not let the best offer pass by

Want to weigh several options before deciding?

We will put together a shortlist of 3-5 comparable projects, looking at entry price, yield profile and liquidity potential.

A side-by-side yield comparison of relevant alternatives
A risk check before you commit
A deal plan built around your own timeline