Pristine oceanfront condo in Coronado!

Pristine oceanfront condo in Coronado!
Coronado, Carretera Panamericana, Coloncito, Distrito Chame, Panamá Oeste, Panamá
For Sale $209,000.00 - Apartments
93.25 m2 2 Bedrooms 2 Bathrooms 1 Parking Spots

Coronado Bay Tower


Remodeled 2 bedroom unit in the very sought out Coronado Bay!

This fully furnished apartment is an excellent home or investment opportunity with everything you need. Offering magnificent west facing views of the ocean this unit is in the most sought out building of the area. The 93.55m2 (1007 sf) apartment has recently been remodeled to offer an open plan dining and living area, upgraded bathrooms, and lots of closet & storage space throughout the apartment.

The apartment features the following:

  • Master bedroom with a king bed
  • Double sinks in the master ensuite bathroom
  • Second bedroom with a queen size Murphy bed
  • Ensuite bathroom for the second bedroom
  • All bathrooms with granite counter tops
  • Sliding glass doors from floor to ceiling in the 2nd bedroom to access the balcony
  • Custom closets throughout
  • Kitchen with granite countertops
  • Modern appliances including a dishwasher and a double sink
  • Includes all kitchen items
  • Practical utility room with a full size W/D & utility sink
  • Whole house surge protection
  • Two safes
  • Includes all furniture
  • Includes linens
  • Flat screen TV in the living room
  • Flat screen TV in the master bedroom
  • Assigned parking on the main lobby level by the main entry
  • West facing units are cooler
  • Additional energy efficiency upgrades include:
    • All windows tinted (including the balcony windows)
    • Screens for the windows for keeping the windows open (most
    • Apartments in Panama do not come with screens)
    • Ceiling fans in every room
    • Pull down blinds and block-out curtains in the master bedroom
    • Door stops to keep doors and windows open to enjoy the fresh air
  • The average electric bill is around $50 with the AC on for 3 hours per day
  • The Internet is $35/month
    The building maintenance fee is $170 per month
  • The 2020 land tax payable to the government is $191 per year
  • The unit is tax exonerated for improvements until 12/1/2030
  • The apartment is in a Corporation name, which is better for selling and buying

There are many advantages about living in Panama … you can drink the water, it uses the US currency and when in Coronado you are only one hour from Panama City and all the culture and diversity that it has to offer!

Most importantly, Coronado Bay passes the “Barefoot Test” …. You can leave your apartment barefoot and walk to the beach, the rooftop pool or lower-level pools. It doesn’t get any better than that!

But wait, there is more….. Imagine the sound of the ocean waves, birds and sunrise being your morning alarm!

About the Coronado Bay building:

This resort style building is walking distance to some restaurants, social events and a few grocery stores and is ON the beach!

This 25 story beachfront building is located in the heart of Coronado and offers a private beach club concept including:

  • Private secure beach access to the beach
  • 3 swimming pools in total
  • Infinity lap pool
  • Kids pool
  • Beach chairs
  • Roof top social area with 360 degree ocean and mountain views
  • Additional pool on the roof
  • Fully equipped gymnasium (with incredible views)
  • Sauna
  • Games room
  • Ballroom
  • Four levels of covered owner parking with 24 hour security
  • Additional social area located right by the beach
  • Onsite optional activities include:
    • Yoga classes
    • Personal training
    • Beach boot camp
    • Swimming aerobics
    • Monthly social events

About the location:

The gated community of Coronado is without a doubt Panama’s Pacific Beach areas most sought after beachside destination. The relaxed tropical atmosphere in this ocean front community is one of Panama’s hotspot for an international community looking for a change of pace and to take advantage of Panama’s desirable tax benefits and retiree incentives. Just 1 hour from Panama City, Coronado is the hub for an array of facilities, amenities and entertainment options including supermarkets, a modern medical center, spa services, easy drive to many tourist attractions, shopping malls and more!

For further information or to coordinate a viewing, please contact PGS Realty via telephone/WhatsApp +507 6434 2081 or E-mail

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