C. 48 Este-Rogelio Alfaro

Panama | Panama City

Bridge Between

Two Worlds

View Photos Watch Film 360° VTour Open House

Hernán Matute

Presented At

$445,000

Bedrooms

Bathrooms

Living

1,324

SQFT

Stories 1

Open Kitchen

Air Conditioning

Washer Dryer

Kitchen island

Laundry Room

Walk In Closet

Gas Stovetop

Terrace

Garage

Outdoor Living Space

Parking

Pool

Outdoor Kitchen

Playground

City View

Coastal

Mountain View

Privacy

Panoramic / Scenic View

Investment Property

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 1

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 2

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 3

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 4

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 5

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 6

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 7

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 8

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 9

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 10

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 11

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 12

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 13

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 14

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 15

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 16

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 17

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 18

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 19

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 20

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 21

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 22

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. - Photo 23

C. 48 Este-Rogelio Alfaro

Panama | Panama City

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama. , Panama , Panama City

Premier Turnkey Residence In Bella Vista: Fully Furnished & Ready For Immediate Luxury Living

Discover an unparalleled residential opportunity in one of Panama City’s most desirable addresses. This fully renovated and elegantly furnished apartment is located in the prestigious Costanera building in Bella Vista, placing you mere steps from the vibrant Avenida Balboa and the Pacific Ocean. This is a rare, truly turnkey offering, allowing for immediate, seamless occupation into a life of luxury and convenience. The spacious 123m2 residence is meticulously designed to maximize comfort and functionality, featuring three well-appointed bedrooms, two full bathrooms, a dedicated guest bathroom, and a service quarter with a private bath. Wake up to beautiful, unobstructed city views that provide a stunning backdrop to your urban sanctuary. The Costanera building elevates city living to a new standard with its exceptional and comprehensive luxury amenities: Wellness & Relaxation: An expansive stateLeisure & Entertainment: A sparkling swimming pool, a dedicated childrenThe Crown Jewel: An exclusive rooftop terrace boasting breathtaking, panoramic ocean views, complete with both open and enclosed modern kitchen facilities, perfect for hosting grand events or intimate gatherings. This property is not merely an apartment; it is a meticulously curated lifestyle, offered to the discerning international buyer who demands excellence, premium location, and the ultimate in effortless luxury. Enquire today to secure your immediate move into this prime Panama City residence.

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C. 48 Este-Rogelio Alfaro

Panama | Panama City

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Property Location

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama., Panama Panama City

Local Weather & Climate

Panama, Panama City

Current Conditions Updated recently

84 °F

Scattered clouds

Feels Like 89°F

Humidity 61%

Wind 15 mph

Visibility 6.2 mi

Sunrise 11:39 AM

Sunset 11:24 PM

5-Day Forecast

Sun 1 Feb

Rain

High 85°

Low 84°

Mon 2 Feb

Clouds

High 83°

Low 76°

Tue 3 Feb

Clouds

High 80°

Low 75°

Wed 4 Feb

Clouds

High 88°

Low 73°

Thu 5 Feb

Clouds

High 87°

Low 73°

Annual Climate Based on last 12 months

76° Avg Low

Jan

88° Avg High

Mar

342 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

92.1" Annual Rainfall

Wet climate

Monthly Temperatures

Jan

88°

75°

Feb

87°

75°

Mar

90°

75°

Apr

90°

76°

May

89°

78°

Jun

87°

77°

Jul

88°

77°

Aug

89°

77°

Sep

87°

77°

Oct

85°

76°

Nov

85°

75°

Dec

86°

75°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Panama?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$445,000

C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama.

Panama, Panama City

3 Beds

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Market Opinion

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Our perspective on current market conditions in Panama. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $44,500,000 20% down ($8,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$3,824/day

Your home may appreciate while you sleep

$26,841/week $116,310/mo $1,395,714/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$24.5M

+$34.7M

$34.7M Potential Equity

vs $24.5M lost to rent over 10 years

$8.9M Down Payment Growth

3.9x

10yr

$34.7M

8.1x

20yr

$71.9M

12.6x

30yr

$112.4M

Wealth Comparison

×268

Equivalent to 268 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $112.4M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $52.4M +18%

Market $60.6M +36%

Optimistic $69.9M +57%

$34.7M est. equity

20 Years

Conservative $61.7M +39%

Market $82.5M +85%

Optimistic $109.9M +147%

$71.9M est. equity

30 Years

Conservative $72.7M +63%

Market $112.4M +153%

Optimistic $172.7M +288%

$112.4M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama have?

This apartment at C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama features 3 bedrooms with 1,324 square feet of living space.

What is the size of C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama?

This property offers 1,324 square feet of living space.

What is the listing price for C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama?

This property is listed at $44,500,000, which equals $33610 per square foot.

Is now a good time to buy a home in Panama?

Based on current market indicators, Panama shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What is the climate like in Panama?

Panama features a pleasant climate. Average temperatures range from 76°F in winter to 88°F in summer. The area receives approximately 92.1 inches of precipitation annually. There are about 342 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Panama?

Panama tends to be warmest in Mar and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is C. 48 Este-Rogelio Alfaro, Panamá, Provincia de Panamá, Panama, Panama City, Panama, Panama?

This is a apartment located in Panama, Panama City. The property is situated in an established neighborhood with convenient access to local amenities and services.