Apartment in Panama - Avenida Balboa, Panamá[PA]

002393265025 - Oceanview Loft Apartments in Panama City - If you’re looking for a property abroad that you can enjoy and also rent out,The Label is a great option to consider. This new project by RI Group Panamá will be built on Avenida Balboa, one of the best-known waterfront areas in Panama City. The location is walkable, central, and close to restaurants, parks, the coastal path, and the financial district , which makes it attractive both for living and for rentals.What really makes this project stand out is its true loft design. Every residence is built with ceilings around 6 meters high (about 19.7 ft), creating a bright, open space that feels much larger than a standard apartment. This style is rare in new developments and is especially appealing to buyers who want something different from typical condo layouts. Combined with the fact that all units face the bay, owners get open views and a sense of space that’s hard to find in city properties.The building is scheduled for delivery in 2029 and will have 25 floors with 10 units per level, offering a balance between privacy and community. Unit sizes range from 45 m² to 100 m² (approx. 484 to 1,076 sq ft), giving options for different budgets and investment goals. The project is designed to be Airbnb-friendly, which is ideal if you want the flexibility to earn rental income when you’re not using the property. Estimated HOA fees are $4 per m², and residents will have access to a pool-style parking system.Buyers can reserve with 30% down and continue payments during construction until completion, which helps spread out the investment over time instead of paying everything upfront.