Andy Gonzalez
Description
The Label is a new residential project by RI Group Panamá, located on Avenida Balboa, one of Panama City's most sought-after waterfront areas. Its central location offers easy access to the Cinta Costera, restaurants, parks, shopping, and the financial district, making it attractive for both residents and investors.
The project stands out for its true loft-style residences, featuring approximately 6-meter (19.7 ft) ceilings and open bay views. Unit sizes range from 45 m² to 100 m² (484 to 1,076 sq. ft.), offering options for different budgets and investment goals.
Scheduled for completion in 2029, The Label will feature 25 floors with 10 residences per floor. The project is designed to be Airbnb-friendly, offering flexibility for owners interested in short-term rentals, subject to applicable regulations. Estimated HOA fees are approximately $4 per m², and the building will include an automated parking system.
Buyers can reserve with 30% down and make payments during construction until completion, providing a flexible way to invest in a waterfront property in Panama City.
listing details
- Listing ID: 002393265030
- Property type: Apartment/Condo
- Contract type: For Sale
- Price: $ 198,000.00
- Bathrooms: 1
- Bedrooms: 1
- Garage capacity: 1
- Year built: 2029
- Construction size: 46.00 Sq. Mt. - 495.14 Sq Ft.
- Lot size: 48.00 Sq. Mt. - 516.67 Sq Ft.