Panama City’s Costa del Este is presented as a high-end relocation and investment area combining large residential properties, multinational business presence, family amenities, and potential immigration and tax advantages for foreign buyers.
The property discussed is in the Regalia building, located on the front line in Costa del Este. The apartment has 475 square meters of space, including the terrace, or about 5,000 square feet.
The layout includes:
- four bedrooms
- an additional room currently used as a baby room
- a den and family area
- multiple ensuite bathrooms
- a large terrace
- a home office/gym/guest room
- service quarters connected to the kitchen
- space for one or two live-in housekeepers
The terrace is designed to be child- and pet-safe, with high glass that preserves the view without requiring a net. It includes a large jacuzzi, an outdoor shower, a small dog area, and a play area.
Location and Neighborhood
Costa del Este is described as a relatively new district that did not exist 30 years ago. It has become popular with multinational companies, with more than 180 multinational companies and around 20,000 employees based in the area.
The neighborhood includes a waterfront walkway for jogging, biking, dog walking, and recreation, with mangroves in the background.
The apartment has views of the ocean, Panama City skyline, mountains, highway corridor, and nearby mangroves. The South Corridor highway connector links Costa del Este to the city center. Behind the mangrove area is a historic site dating to 1519, described as the first European base of operations on Panama’s Pacific coast.
Interior Features
The apartment includes floor-to-ceiling custom cabinetry, natural wood tones, oak finishes, large windows, and extensive built-in furniture.
One room is set up as an office and gym but can convert into a guest bedroom using a pull-down king-size Murphy bed. It also has an ensuite bathroom.
The kitchen includes a central island, pantry, natural light, and access to the service quarters.
The bedroom area includes three main bedrooms, each with its own ensuite bathroom. The master bedroom has ocean views, high ceilings, a marble bathroom, custom glass, and a rain shower.
The baby room next to the master bedroom could also be used as a walk-in closet, second home office, or removed to expand the living room.
Building Amenities
The Regalia building is described as having extensive amenities, including:
- an indoor children’s park
- a large swimming pool
- a children’s pool with a slide
- a large fully equipped gym
- security and shared facilities included in the building maintenance
The monthly maintenance fee for the apartment is stated as about $600. This includes gas, water, amenities, and security.
Price and Immigration Angle
The apartment is listed at about $1.75 million, described as just under $1.8 million. The comparison made in the transcript is that a similar level of size, views, and luxury would be far more expensive in markets such as Miami, Malibu, or the French Riviera.
The transcript also connects this type of property purchase to Panama’s Qualified Investor Visa, stating that a buyer can become a permanent resident of Panama through that route.
The tax planning discussion is nationality-dependent. The transcript states that Canadians, British citizens, and Australians may be able to reduce taxes to near zero with proper planning after moving to Panama. For Americans, the transcript says taxes may not go to zero, but may be reduced significantly with planning.
The practical appeal is a combination of luxury housing, family-friendly amenities, permanent residence eligibility through investment, and possible tax advantages depending on citizenship and personal circumstances.
