San Felipe, Panama City, Panamá Province, Panama, Panama City, Panama, Panama. - Hero Image
San Felipe
Panama | Panama City

Where Luxury

Lives High

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Iary Pere
Iary Pere
Presented At
$1,650,000
Bedrooms
3
Bathrooms
3
Living
3,230
SQFT
High Ceiling
Open Kitchen
Library
Office
Air Conditioning
Washer Dryer
Garage
Balcony
Gate
Pool
Water View
City View
Ocean View
Oceanfront
Panoramic / Scenic View
Renovated
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San Felipe, Panama City, Panamá Province, Panama, Panama City, Panama, Panama. , Panama , Panama City

Luxury Two-Level Oceanfront Residence in Casco Viejo, Panama

Discover a rare opportunity to own a luxury two-level oceanfront residence in the heart of Casco Viejo, Panama’s enchanting UNESCO World Heritage district. Located in the exclusive PH Sol y Sombra, this exceptional 300 m² (3,229 sq ft) apartment seamlessly blends colonial elegance with modern sophistication, offering uninterrupted views of the Pacific Ocean. This unique home features 3 spacious bedrooms, 3.5 bathrooms, and a private service quarters, making it ideal for both full-time living or a sophisticated vacation retreat. High ceilings, open living areas, restored architectural details, and abundant natural light elevate the sense of space and heritage throughout the residence. Situated steps away from Casco’s finest boutique hotels, award-winning restaurants, art galleries, and cultural landmarks, this property offers an unparalleled lifestyle within Panama City’s most historic and vibrant neighborhood. Whether you are searching for a prestigious primary home or a high-yield investment in one of Panama’s most sought-after areas, this oceanfront residence delivers exceptional value and timeless appeal.

Exterior

Property

Gallery

3D Street View Tour

Map showing San Felipe, Panama City, Panamá Province, Panama, Panama City, Panama, Panama.

Property Location

San Felipe, Panama City, Panamá Province, Panama, Panama City, Panama, Panama., Panama Panama City

Local Weather & Climate

Panama, Panama City

Current Conditions Updated recently
86 °F
Few clouds
Feels Like 92°F
Humidity 64%
Wind 13 mph
Visibility 6.2 mi
Sunrise 11:39 AM
Sunset 11:21 PM
5-Day Forecast
Mon 26 Jan
Rain
High 89°
Low 86°
Tue 27 Jan
Clouds
High 88°
Low 74°
Wed 28 Jan
Clouds
High 85°
Low 73°
Thu 29 Jan
Clouds
High 88°
Low 72°
Fri 30 Jan
Clouds
High 85°
Low 72°
Data from OpenWeatherMap

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

$
%
$100,000
%
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.

Market Opinion

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.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $165,000,000 20% down ($33,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$14,178
$14,178/day
Your home may appreciate while you sleep
$99,522/week $431,260/mo $5,175,120/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
RENT 💸 -$90.8M
vs
OWN 📈 +$128.8M
$128.8M Potential Equity
vs $90.8M lost to rent over 10 years
$33.0M Down Payment Growth
3.9x
10yr
$128.8M
8.1x
20yr
$266.6M
12.6x
30yr
$416.7M
Wealth Comparison
×992
Equivalent to 992 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $416.7M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $194.3M +18%
Market $224.7M +36%
Optimistic $259.3M +57%
$128.8M est. equity
20 Years
Conservative $228.8M +39%
Market $306.0M +85%
Optimistic $407.5M +147%
$266.6M est. equity
30 Years
Conservative $269.5M +63%
Market $416.7M +153%
Optimistic $640.4M +288%
$416.7M est. equity

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

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

Frequently Asked Questions

Common questions about this property

This apartment at San Felipe, Panama City, Panamá Province, Panama, Panama City, Panama, Panama features 3 bedrooms with 3,230 square feet of living space.
This property offers 3,230 square feet of living space.
This property is listed at $165,000,000, which equals $51084 per square foot.
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.
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.
Iary Pere

Iary Pere

Arco Properties

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