Pre-Construction Real Estate Developments
Buying into a new development in Panama can be one of the best ways to get in at ground-level pricing. That said, it can also be a risky venture!
If you are looking for new developments in Panama, you’ve come to the right place. The list of preconstruction projects below are chosen based on a number of factors.
From the track record of the developer to the quality of the building materials and design, rest assured every project that makes our list goes thru an extensive vetting process.
Whether you are looking for an investment property, a retirement home, or a full-time residence, these pre-construction properties represent the best that the Panama real estate market has to offer.
- Santa Maria, Panama City
- Prices Starting From: $350k
Welcome to Oceana, a new project where you can enjoy life in the exclusive community of Santa Maria, just 10 minutes from the city with stunning views of the Santa Maria golf course and the Pacific Ocean. Ocean is perfect for families and those with busy social lives as it allows you to balance work, family, wellness, and an active lifestyle.
- Coco del Mar, Panama City
- Prices Starting From: $175k
TRIBU is an exclusive residential building in Coco del Mar, just east of Panama City’s center. Currently, under construction, TRIBU offers a distinctive NY-style industrial design. With only 36 LOFT-STYLED (one or two-floor) apartments across 15 floors, TRIBU aims to become an actual home for those who choose to live here.
- Ocean Reef Islands, Panama City
- Prices Starting From: $625k
These oceanfront condos on Panama’s ultra-luxury manmade islands have the perfect balance of privacy and luxury without having to sacrifice the comforts of living in the city. Get the best of both worlds as you enjoy a luxurious beach-style home with easy access to everyday amenities.
- Casco Viejo, Panama City
- Prices Starting From: $290k
Plaza Novena is a four-story building in the heart of Casco Viejo, featuring a central tower, balconies, and ground-floor commercial spaces. With limited new development in the area, it offers strong investment potential.
- El Cangrejo, Panama City
- Prices Starting From: $120k
Make the most out of your space! MORE is an innovative proposal for apartments with flexible areas and dynamism. What’s more, living in More means you will be within walking distance of all the necessary amenities.
- Costa Del Este, Panama City
- Prices Starting From: $315k
Introducing Bioma, Costa del Este’s newest luxury pre-construction project. Developed by the team behind many high-profile buildings in Coco del Mar and other parts of the city, Bioma promises a luxurious and relaxing lifestyle in Panama City’s fastest-growing community.
- Casco Viejo, Panama City
- Prices Starting From: $234k
The Casa Variedades project is brought to market by one of the most respected builders in Panama. Inspired by the diversity of Santana, its eclectic design manages to unite the old with the modern.
- El Cangrejo, Panama City
- Prices Starting From: $115k
Amara combines Italian design with Panamanian culture in a quiet Panama City neighborhood. With a limited number of units, it offers a cozy, close-knit feel. Mainly attracting local buyers, it provides stability and long-term value in a strong community.
- Santa Maria, Panama City
- Prices Starting From: $1m
The Woods in Santa Maria, Panama, blends modern luxury with nature. Located in the exclusive Santa Maria Golf & Country Club community, it offers a peaceful yet convenient lifestyle. The project features upscale single-family and duplex homes, all with contemporary design and attention to detail.
- Santa Maria, Panama City
- Prices Starting From: $600k
Introducing Celeste, a new luxury residential project in Panama City. With unique features, efficient design, and high aesthetic standards, it aims to become an icon of well-being. Celeste is your urban spirit’s reward and the realization of a meaningful dream, crafted with care in every detail.
- Santa Maria, Panama City
- Prices Starting From: $400k
Corotu by Grupo de Valor in Santa Maria, Panama, blends sustainable living with modern amenities. Established in 2012, Grupo de Valor emphasizes high-quality, community-focused developments, featuring top-notch infrastructure and green spaces.
- San Francisco, Panama City
- Prices Starting From: $176k
Welcome to Be LIVING! A contemporary residential Building in Panama City. A unique experience where the magic of innovation and wellness come together to provide you with a lasting investment experience.
- The Amador Causeway, Panama City
- Prices Starting From: $185k
Passage, one of Panama City’s top tourist spots, offers unrivaled views of the city skyline, the Pacific Ocean, and ships navigating the Panama Canal. Amador is truly unique in Panama. spaces.
- Costa Del Este Panama City
- Prices Starting From: $299k
Fabulous condos for sale in this new development in Costa del Este. From a wide range of amenities to direct ocean views out over the Pacific, there is so much to love in Ipanema.
- Costa del Este, Panama City
- Prices Starting From: $1,068,400
TAGUA redefines luxury living on the waterfront in Costa del Este, offering views of the Pacific Ocean and Panama City’s skyline. This exclusive development combines modern design, spacious layouts, and tons of amenities, creating a unique lifestyle that balances natural beauty with urban convenience.
- Ocean Reef Islands, Panama City
- Prices Starting From: $800k
Welcome to The Club Residences! Experience the perfect blend of city living and island charm, with panoramic views, upscale amenities, and a lively social scene. These exclusive 2-bedroom residences at Ocean Reef second provide not only resort-style living but also the irresistible appeal of refined island life, all just moments away from downtown Panama City.
- Santa Maria, Panama City
- Prices Starting From: $1M
Guayacán, a new residential project in Santa Maria by Grupo Valor Development and Urban Development Group (UDG), promises high-quality construction and secure investment. This collaboration aims to deliver stylish, luxurious homes and set a new standard in urban living with their strong reputation and proven track record.
- Avenida Balboa, Panama City
- Prices Starting From: $300k
Costanera Aqua is a luxury residential tower, offering stunning Pacific Ocean views. It blends modern design with top-tier amenities for a premium living experience. Residents enjoy an ocean-view infinity pool, gym, spa, and social areas like a lounge, private dining rooms, and rooftop terraces.
- San Francico, Panama City
- Prices Starting From: $171,400
The Hub brings a modern take on city living in San Francisco, Panama. Just steps from Parque Omar, it’s designed for people who want comfort, convenience, and a central location. The condos are well-designed and come with access to amenities like a rooftop pool, coworking spaces, and 24/7 concierge, so everything you need is right at home. With Multiplaza, Costa del Este, and the airport only minutes away, getting around the city is quick and easy.
- Casco Viejo, Panama City
- Prices Starting From: $518,750
Welcome to Mansion Baluarte! Blending historic architecture with modern design, it offers a mix of 1- and 2-bedroom condos, lofts, and commercial spaces. Many residences include private balconies or patios, with sizes ranging from 52 m² to 125 m². With its prime location, colonial charm, and limited inventory, Mansion Baluarte appeals to both people looking for a unique place to live and investors seeking strong rental demand in one of Panama’s most iconic neighborhoods.
- Santa Ana, Panama City
- Prices Starting From: $165,000
Welcome to La Union, one of the four residential buildings within the Gran Central master project in Santa Ana. Designed to combine historic character with modern function, La Union delivers a mix of smart layouts and shared spaces right in the heart of Panama City’s most connected neighborhood.
- Santa Ana, Panama City
- Prices Starting From: $176,834
Welcome to La Central City Flats & Club by Bungalo, an aparthotel within the Gran Central master project in Santa Ana. More than just a single development, it’s part of a new car-free, fully walkable district set between Avenida Balboa and the UNESCO World Heritage Site of Casco Viejo.
- San Francisco, Panama City
- Prices Starting From: $192,500
Looking for a condo steps from Parque Omar? Casa Parque is a new residential tower in San Francisco, right on Vía Porras and Calle 65. The project offers spacious layouts, terraces, and a double façade that helps keep units cooler and lowers energy costs. Residents will have access to a pool, gym, yoga area, event room, ground-floor shops, and 24-hour security.
- Santa Maria, Panama City
- Prices Starting From: $473,000
Bosco di Santa Maria is a nature-inspired residential project in North Santa María, set within the Santa María Golf and Country Club. It combines refined modern design with green surroundings, central park areas, and a calm, well-planned environment. Early buyers have access to the best views, locations, and initial benefits.
- Punta Pacifica, Panama City
- Prices Starting From: $473,728.06
Welcome to Allure at Punta Pacifica, a new residential project in one of Panama City’s most established waterfront neighborhoods. This 10-story tower focuses on smart design over scale, with well-planned layouts, natural light, and a strong connection to the ocean. Residences range from 115 m² to 302 m² and feature usable terraces, practical kitchens, walk-in closets, and open living areas designed for everyday living.
- Costa del Este, Panama City
- Prices Starting From: $600k
Madero, located in the heart of Costa del Este, offers easy access to everything you need for a great lifestyle. Shopping centers, banks, supermarkets, gyms, and even a hospital are just moments away.
- Costa del Este, Panama City
- Prices Starting From: $350k
Nogal is a pre-construction residential project designed to offer spacious condos in a quiet, suburbansetting with strong ties to nature.
Developed by Bern and designed by Mallol & Mallol, the project focuses on efficient layouts, contemporary architecture, and a practical living environment. Nogal offers a metropolitan feel within a low-density residential area, appealing to buyers looking for space, comfort, and a more balanced lifestyle.
- Obarrio, Panama City
- Prices Starting From: $183k
Discover Aura, a 15-story residential condo tower currently under construction in Obarrio, with delivery planned for mid-2026. The project offers floor plans ranging from approximately 58 m² to 179 m², with prices starting around $183,000 and going up to about $555,000. Located on Calle 59, Aura places residents within walking distance of the Banking District, cafés, restaurants, shops, and everyday services, while remaining just minutes from major malls and key city areas. Designed with modern urban living in mind, the building includes a well-rounded set of amenities that support work, fitness, and downtime in one central location.
- El Cangrejo, Panama City
- Prices Starting From: $200k
Luxor 500 is a pre construction condo tower located in El Cangrejo, along Calle Alberto Navarro, near Vía Argentina. The project is designed for buyers looking for a central, walkable neighborhood with easy access to everyday services, restaurants, and public transportation.
Download the Ultimate Guide to Moving to Panama
If you can snatch up a pre-construction condo, you may be eligible for developer financing, which is a big time saver and can be prudent in the long run, depending on how much time you plan on spending in Panama. For additional insight on buying in Panama, read the Ultimate Guide to Moving to Panama.
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