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Welcome to Avenida Balboa!

Stretching along the Panama Bay, Avenida Balboa is one of the most sought-after areas in the City thanks to its luxury buildings, stunning views, and convenient location. This is where some of the city’s newest and highest-profile apartment buildings stand, with most coming complete with rooftop pools, and ample social areas.

Discover More About Avenida Balboa

Popular Avenue Balboa Listings

Here’s a quick look at some of the most popular listings in Avenue Balboa right now. If anything catches your eye, be sure to use the contact form next to the listing to request further information. One of our professional brokers will follow up with you in less than 24 hours!

Image of the living area with floor to ceiling windows with ocean views at Rivage Tower
View Property

Oceanview Condo for Sale in Rivage Tower

An excellent price on a remodeled condo for sale in…

Bedrooms
2
Bathrooms
2.5
Area
177 m2
For Sale

$369,900

Image of living area with balcony, table and couch at Element
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Oceanview Penthouse for Sale in Element, Panama City

This three-bedroom penthouse at Element boasts breathtaking ocean views paired…

Bedrooms
3
Bathrooms
3.5
Area
216 m2
For Sale

$450,000

Image of terrace with chairs and table at Costanera Aqua
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Costanera Aqua Avenida Balboa Model B Condo

Located in a prime location, Costanera Aqua offers easy access…

Bedrooms
3
Bathrooms
2.5
Area
117 m2
For Sale

$379,000

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See More Avenue Balboa Real Estate

Getting to Avenue Balboa

Here you’ll find beautiful apartments with jaw dropping views, vibrant dining and nightlife and access to plenty of recreational activities. It’s easy to see why so many people choose to call Balboa Avenue home. And why this is where you’ll find some of the most sought-after properties in the city.

 

Balboa Avenue (known as Avenida Balboa in Spanish) stretches from one end of the city to the other, essentially connecting Casco Viejo with the city center.

 

So just what is it that draws residents to the area? For starters, the real estate options here are second to none when it comes to stunning views and amenities. There are tons of relatively new developments along Balboa Avenue, many of which offer luxury condos, rooftop pools, state of the art gyms, 24-hour security, and decked-out social areas. Add to all of these features the breathtaking views of the city skyline and coast beyond, and it’s no surprise that so many people from all over the world choose to make Balboa Avenue their Panama City home.

To learn more about Avenue balboa, the ins and outs of the real estate market, and to get an insider look at living and traveling here, download our free guides…

Get Your Copy of Our Avenida Balboa Guide

Discover More Great Avenue Balboa Properties

Ave. Balboa Panama stalled development for sale
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Stalled Project For Sale on Avenida Balboa Panama

Project For Sale on Avenida Balboa Approvals can take up…

For Sale

$15,000,000

Featured
Yoo Tower Panama apartment
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Bright And Airy Yoo Tower Condo For Sale

What a property! This i model condo for sale in…

Bedrooms
2
Bathrooms
2
Area
180 m2
For Sale

$597,300

Featured
Living room at this Yoo Avenida Balboa Panama condo for sale
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Corner Unit Condo for Sale in YOO Panama

This high floor, corner unit condo offers amazing views of…

Bedrooms
2
Bathrooms
2
Area
174 m2
For Sale

$574,200

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What To Expect in Avenue Balboa

Is Balboa Avenue the right place for you? Balboa Avenue is the perfect neighborhood for those who want to be at the center of the action. With tons of dining, nightlife, and shopping options to choose from it’s common that capital dwellers from elsewhere in the city will often make a trip to Balboa Avenue for a night out, or to do some shopping. 


It goes without saying, then, that residents of this hot neighborhood love the advantages of having so much to do right outside their front door.


Those who choose to live on Balboa Avenue include a diverse mix of Panamanians and expats from all over the world. While the area is popular with professionals who work in the financial district and surrounding offices, there are also plenty of retirees and families who also enjoy taking advantage of Balboa Avenue’s prime location and recreational offerings.

Your real estate options on Balboa Avenue are almost strictly limited to soaring skyscrapers, so if you dream of a yard and a white picket fence, it’s probably not for you. However, what these condos might lack in terms of plentiful outdoor space, they more than make up for with top-notch amenities, great social areas, and incredible views. Plus, who wants to worry about mowing a lawn when there is so much to do? This is one part of the city that really embraces urban living at its finest.

 

Add to that the proximity to Casco Viejo, the amazing Cinta Costera greenspace, and other popular areas of Panama, and you can see why residents of Balboa Avenue feel like they live at the center of the world and wouldn’t have it any other way.

Avenue Balboa Real Estate Listings For Rent

Get started with your search and find the best Avenue Balboa Real Estate For Rent for you.

 

If you have any questions about the listings here, simply use the contact form next to each listing and one of our professional real estate brokers will follow up with you in less than 24 hours. If you are trying out Panama for the first time, renting an apartment on Balboa Avenue is a great place to start as you’ll get a real feel for life in Panama City!

Allure at the Park Avenida Balboa Panama condo for sale
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Luxury Condo for Rent in Allure at the Park, Stunning Views and Prime Location

Discover Allure at the Park, one of Panama City’s most sought-after…

Bedrooms
3
Bathrooms
3.5
Area
287 m2
For Rent

$3,500

Sky Avenida Balboa Panama condo fore rent
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Incomparable Skyline: Furnished Condo for Rent in Avenida Balboa

Charming condo facing the sea with an elevator that goes…

Bedrooms
2
Bathrooms
2.5
Area
130 m2
For Rent

$2,250

View Property

Large 2-bedroom Ocean Front Condo for Rent in Waters Avenida Balboa!

This large two-bedroom condo offers an open floor plan with…

Bedrooms
2
Bathrooms
2.5
Area
271 m2
For Rent

$3,000

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See More Avenue Balboa Real Estate

Living and Exploring Avenue Balboa

When it comes to life in Balboa Avenue, one thing everyone agrees with is that there is always plenty to do. For those who enjoy spending time outdoors, you’re just steps away from the Cinta Costera. This coastal beltway is a favorite spot for residents to break a sweat, whether it’s jogging, biking, rollerblading, or just taking in the sights during a relaxing stroll.

 

As far as dining options go, you might as well have the world at your fingertips when it comes to restaurants. Whether you’re looking for somewhere you can make a reservation for a special meal out, or a destination to grab a quick bite to eat, Balboa Avenue has plenty of choices for you.

 

While there are tons of places to dine on more traditional Panamanian dishes, where Balboa Avenue really shines is in its international food offerings. Apart from having a vibrant restaurant scene, Balboa Avenue is also one of the most popular destinations in the city when it comes to nightlife offerings. While there are plenty of bars, lounges, and nightclubs scattered throughout the area, the greatest concentration is on and around Calle Uruguay. 

 

Beyond access to dining and nightlife options, Balboa Avenue is also incredibly convenient when it comes to the necessities of day to day life. There are tons of banks, pharmacies, gyms, and businesses in the area that make running errands a breeze.

 

For groceries, the largest store near Balboa Avenue is the Riba Smith on Calle 45 Este. Considered by some to be the best grocery store in the city, Riba Smith stocks everything you could need in the way of packaged foods and drinks, fresh produce, meat, and household goods. The store is known for being incredibly clean and well organized, making grocery shopping enjoyable. The only downside is that the store often has more customers than there are parking spots, so patience is key.

 

For all of your other shopping needs, there are plenty of mid-sized shopping centers located along Balboa Avenue including the Balboa Boutiques strip mall and Plaza Uruguay. These shopping centers don’t offer everything you could need, but each has a number of stores and dining options that are convenient for grabbing lunch and doing some window shopping or spending an afternoon with friends.

 

For bigger shopping trips, head to MultiCentro Mall where Balboa Avenue meets Via Israel. Here you’ll find everything you could possibly want in the way of shopping and dining with plenty of stores offering both Panamanian and international brands.

Avenue Baloboa Luxury Real Estate Listings

Get started with your search and find the best Avenue Balboa Luxury Real Estate. If you have any questions about the listings here, simply use the contact form next to each listing and one of our professional real estate brokers will follow up with you in less than 24 hours.

See More Avenue Balboa Real Estate

Want More Tips for Buying Real Estate in 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. This is the most comprehensive guide available on moving to Panama…

Download the Ultimate Guide to Moving to Panama

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City Locations

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Mountain Locations

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Beach Locations

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References

  • Exploring Living in Panama
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Panama Insights

Welcome to Hola Panama: Build Your Network Before You Move!

Why El Cangrejo Might Be the Coolest Neighborhood in Panama City

What $1,000,000 Gets You in Panama

Panama Real Estate Market Report for Q1 2025: A Market in Transition

English Speaking Churches in Panama

Panama to China: Don’t Let the Door Hit You On the Way Out

Panama, China, and the U.S.: What’s The Next Move For Panama?

Exploring Schools in Panama: A Guide for Parents

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Owning a home is a keystone of wealth… both financial affluence and emotional security.

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May 24, 2025 Saturday!
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