Apartments in Paitilla

Paitilla is a residential sub-district of Panama City, located between Punta Pacífica to the east, Bella Vista to the west, the banking district to the north, and Cinta Costera (waterfront) to the south. It sits along the Avenida Balboa corridor, facing the Bay of Panama. Centro Médico Paitilla, one of the city's reference private hospitals, is within the area.

Apartments in Paitilla range from $250,000 to $1,500,000, with a price per square meter between $1,800 and $2,600 USD. A 100 sqm apartment runs roughly $200,000 to $260,000 in established towers, and exceeds $400,000 in premium towers with direct ocean views. For up-to-date availability, contact our team.

Rental ROI in Paitilla is 5% to 7% annually. Demand is sustained by three profiles: senior professionals from the banking corridor, medical staff and patients of Centro Médico Paitilla (mid-term furnished), and established Panamanian families. Average annual occupancy in established towers is 80% to 90%.

No. Paitilla and Punta Pacífica are neighboring but distinct districts. Paitilla is an established residential sub-district between Bella Vista and Punta Pacífica, with towers built mostly pre-2010 and prices between $1,800 and $2,600/sqm. Punta Pacífica is a man-made peninsula with ultra-luxury towers built mostly post-2005 and prices between $2,200 and $3,500/sqm. Some Paitilla towers were historically catalogued under Punta Pacífica, but tenant profile and entry ticket differ.

Yes. The presence of Centro Médico Paitilla within the area sustains specific mid-term rental demand (1 to 6 months) from patients in prolonged treatment, companions, and hospital staff. Furnished 1 to 2 bedroom apartments with good walkable connection to the hospital are most in demand. Typical mid-term rates range from $1,400 to $2,800/month depending on size and amenities. Contact our team for current availability and each tower's internal regulations.

Yes. Paitilla sits along the Avenida Balboa corridor, facing the Bay of Panama, and several of its towers offer apartments with views of the bay and the financial skyline, especially on high floors. Unlike Punta Pacífica — which has direct oceanfront on a peninsula — the typical Paitilla view is toward the bay and the Cinta Costera. Units with direct ocean views in premium towers command higher prices than the rest of the area's inventory.

Paitilla has an established residential profile, with towers operating 24/7 security and controlled access. The community — senior professionals, executives from the financial corridor, and medical staff from Centro Médico Paitilla — is stable and long-standing, with lower nightlife density than neighboring areas like Bella Vista or El Cangrejo. As anywhere in the city, specifics vary by tower: request information on the particular building before deciding.

Paitilla has direct access to the Cinta Costera and Avenida Balboa, connecting in 5 to 10 minutes with the banking district (Obarrio, Marbella) and in 10 to 15 minutes with Casco Antiguo. To the east, Punta Pacífica and Multiplaza Pacific are under 10 minutes away. Tocumen International Airport is about 25 minutes via Corredor Sur. The location makes daily errands short trips within the coastal corridor.