Welcome to Denovo! This building is hands down, one of the best residential buildings in the happening neighborhood of Obarrio. Originally, Denovo was designed to be the Esplendor hotel. As such, units come fully furnished and the building includes tons of hotel-esqe amenities. From a 24-hour front desk concierge to a fully equipped gym and rooftop pool. Living at Denovo is almost like being on vacation year-round at a luxury hotel. What’s not to like about that?
Building Structure:
32 Floors
Price Range:
$170K – $300K
Average Rent Price:
$12 per square meter
Average cost: $2,106
per square meter
Apartments at Denovo either have one or two bedrooms. All units include a kitchen, plenty of closet space, modern bathrooms with his and her sinks, and tasteful furnishings. Units also feature an open floor plan, and many even include office space.
Additionally, the lack of tall nearby buildings means that all units feature unobstructed views.
Residents at Denovo love to take advantage of some of the top-notch amenities that come included.
The rooftop pool with lounge area is the perfect place to unwind at the end of the day or kick back on the weekend.
Start your morning off with a workout in the top-of-the-line gym.
And with all that Obarrio has to offer for shopping, dining, and recreation right outside your front door, you’ll never be at a loss for something to do.
Is Denovo the right building for you? This building is perhaps most popular with executives who work in the nearby office buildings around Obarrio. Units are available for six to eighteen-month contracts. Since all units come fully furnished, this is a great option for renters. Whether you are new to Panama or might only be living and working here on a temporary basis, Denovo’s units will provide both luxury and convenience. Given the building’s proximity to all of Obarrio’s office buildings, living here also means you can do without a car, and instead enjoy walking to work.
Another huge perk for renters is that the cost of rent at Denovo includes power, internet, cable, water, and phone bills. This means that tenants will never have to pay another monthly bill. As a result, residents enjoy monthly savings, but also endure less hassle at the start of each month. All of these factors make Denovo a popular option for both Panamanians and expats alike.
Due to the popularity of Denovo for renters, this is a great option if you’re looking for an investment property. Retirees from around the world have been known to call Denovo home for half of the year and then rent out their unit for the other half. Other investors will buy here and use their unit strictly as a rental property. Given the number of offices nearby, units are always in demand by those who want to live near their work.
Apart from everything Denovo has to offer, its location is also second to none. In the heart of Obarrio, you have tons of dining, shopping, and recreation options just outside your front door. Obarrio may be known as Panama’s banking district, but it offers so much more. You’ll find restaurants and dining options on every corner. From places to grab a quick and delicious lunch during the week, to white tablecloth restaurants for a special meal, you’ll find it all in Obarrio. In fact, there are over a dozen dining options within a one-block radius of Denovo.
The 24-hour supermarket, El Rey, is just around the corner. This means that grocery shopping is a breeze, even without a car. You’re also one block away from Via España which is loaded with pharmacies, banks, restaurants, and shopping options including Concordia Plaza Shopping Center.
On the weekends, Denovo residents also enjoy taking advantage of Obarrio’s neighboring areas. El Cangrejo, with its numerous outdoor cafes, restaurants. You will also find Andres Bello Park is just a short stroll away and the Cinta Costera is a mere 15-minute walk from Denovo. From there you have access to miles of walking, biking, jogging with stunning views. With this prime location, you have all of Panama City at your fingertips.
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EnglishOwning a home is a keystone of wealth… both financial affluence and emotional security.
