Security and atmosphere
Mencionado positivamenteResidents highlight good security and a pleasant atmosphere. Operationally well-evaluated aspect.
Altamira Residences
Local 1, PH Altamira Residences, C. 44 Este
Bella Vista201216 floors4.8 · 18 reviews
Updated Nov 1, 2026View on the map
What are you looking for at Altamira Residences?
Rentbuilding $1,700/moBuybuilding $2,371/m²Sellwhat yours is worthFree. Opens Alma with this building already selected.
- 2012
- year built
- 16
- floors
- 91
- units
- $1,700
- rent/month, building
- $2,371
- per m², building
- 4.8
- 18 Google reviews
- 5 min
- walk to Santo Tomás
- Pool
- Gym
- Event hall
- BBQ area
- Visitor parking
- Lobby
- Backup generator
- Water tank
Building data and Google reviews; asking prices on listing portals for Bella Vista, as of Nov 1, 2026. Sources and method
About Altamira Residences
A 16-story residential building on Calle 44 Este with 4.8 across 18 reviews and a Parque Metropolitano view.
Altamira Residences is a residential building completed in 2012 on Calle 44 Este. The coordinates place it in a sector adjacent to Bella Vista and the Parque Metropolitano per resident mentions. It has 16 floors and 91 units. Its documented amenities include gym, pool, BBQ area, event hall, visitor parking, lobby, water cistern, and power generator.
The property holds a 4.8 out of 5 rating across 18 verified reviews. Recurring mentions highlight good security and a pleasant atmosphere; a residential complex with a pool and a tennis court (an attribute to confirm with management) and a beautiful view of Parque Metropolitano; proximity to Av. Balboa and Parque Urraca; descriptions of the building as elegant and the best place to live according to residents. The set suggests a stable residential profile with high satisfaction.
Availability at Altamira Residences
Rent
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Sale
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Market data
$247K
Average sale price
16 comparables
$1,714/mo
Average rent
7 comparables
$2,371/m²
Median $/m²
16 units
124 days
Days on market
23 active listings
Stats aggregated from active public-portal listings. Minimum 3 comparables per bucket required to publish an average (noise filter).
Asking prices describe published listings. A zone reference covers a wider area and is not a closing price for this building. Compare sale and rental data separately, checking each sample and date.
What's nearby
138 places within a 10-minute walk. The nearest metro station, Santo Tomás, is 5 minutes away on foot.
Altamira Residences ranks 1st of 33 buildings in Bella Vista for gym access: Taekwondo León y el Dragon is a 1-minute walk, against a zone median of 2 minutes. For Metro, Santo Tomás is a 5-minute walk from Altamira Residences, with 1 within 500 meters. Altamira Residences has 13 schools within 500 meters; the closest, Colegio Regiomontano, is a 2-minute walk. For shopping, Plaza Cowes is a 3-minute walk from Altamira Residences, with 10 within 500 meters. Altamira Residences has 1 parks within 500 meters; the closest, Barras de calistenia - parque urraca, is a 5-minute walk.
- Nearby gymsTaekwondo León y el Dragon1 min walk
- EducationColegio Regiomontano2 min walk
- HealthcareLa Casa del Médico1 min walk
- ShoppingPlaza Cowes3 min walk
- ParksBarras de calistenia - parque urraca5 min walk
- RestaurantsMasala2 min walk
- TransitSanto Tomás5 min walk
- Specialty cafesfonda esther4 min walk
- CoworkingBusiness Point6 min walk
See the 3 closest places in each category
Nearby gyms
- Taekwondo León y el Dragon1 min73m
- Bounce Lab Panama4.3 (6)2 min124m
- FOUR TRAINING3 min191m
Education
- Colegio Regiomontano2 min104m
- Colegio Anglo Mexicano2 min132m
- Instituto Técnico Superior Bilingüe Tecno Plus Monterrey2 min133m
Healthcare
- La Casa del Médico3.8 (36)1 min50m
- CRE Centro de Resonancia Especializada3.8 (14)5 min347m
- Obesidad Panamá5 min385m
Shopping
- Plaza Cowes4.3 (18)3 min166m
- Salón de Belleza Brigth Fashion4.0 (2)3 min170m
- El Cazador3 min176m
Parks
- Barras de calistenia - parque urraca5.0 (1)5 min391m
- Parque Urracá4.5 (6904)7 min522m
- Reserva forestal universitaria7 min528m
Restaurants
- Masala4.5 (388)2 min88m
- Rest A Comer4.6 (8)2 min156m
- American Bistro4.6 (30)3 min181m
Transit
- Santo Tomás4.4 (76)5 min332m
Specialty cafes
- fonda esther5.0 (1)4 min251m
- Cafetería Fe y Café5.0 (46)4 min255m
- Cafetería Luna Azul | Santo Tomás4.5 (58)4 min288m
Coworking
- Business Point4.4 (113)6 min418m
- The Cube Coworking5.0 (191)8 min589m
- Tosto Coffee Cl. Uruguay4.4 (399)10 min754m
Driving times
- Cinta Costera5 min1.3 km
- Soho Mall6 min1.5 km
- Centro Médico Paitilla7 min1.8 km
Living at Altamira Residences
Resident profile
Is Altamira Residences right for you?
Recommended for
- Buyers who prioritize a Parque Metropolitano view as a differentiator.
- Profiles who value proximity to Av. Balboa and Parque Urraca.
- Families or professionals who leverage a robust rating and a sufficient sample.
Keep in mind if
- Buyers who require a large-scale tower — the building has 91 units.
- Profiles who prioritize more recent construction (2020+).
Review summary
What residents and visitors highlight
Analysis of 18 verified Google Maps reviews.
Park view
Mencionado positivamenteReviews mention a Parque Metropolitano view as a standout attribute. Differentiator of the corridor.
Proximity to references
Mencionado positivamenteMentions of proximity to Av. Balboa and Parque Urraca — access to main corridors valued.
Robust rating
Mencionado positivamente4.8 out of 5 across 18 reviews — a high rating with a sufficient sample. Residents describe it as the best place to live.
Google Reviews
4.8(18)
David Velez
Buena seguridad, un poco lejos, pero muy agradable el ambiente
Conigliodiluna
Complejo residencial de apartamentos, area social con piscina y cacha de tenis, hermosa vista al parque metropolitano
Nina B.
Ideal ! Muy cerca de la Av Balboa y del Parque Urraca
Raul Hurtado vvbj
Muy elegante
PanamaProp analysis
Investment thesis
Read the full analysis (in Spanish)
Análisis de inversión
Altamira Residences presenta un rango de precios entre USD 120,000 y USD 350,000 sobre Calle 44 Este, en un sector adyacente a Bella Vista y al Parque Metropolitano según menciones de residentes. Para una unidad en el rango medio (USD 235,000), un alquiler razonable en este corredor oscila entre USD 1,400 y USD 2,100 mensuales, equivalente a un rendimiento bruto anual aproximado de 7.1% a 10.7% antes de gastos. Esa franja se ubica en la franja media-alta del corregimiento, lo cual refleja una relación precio-renta favorable para el inversionista enfocado en flujo de caja.
La calificación de 4.8 sobre 5 tras 18 reseñas verificadas refuerza la lectura de un activo bien mantenido y valorado por los residentes. Las menciones recurrentes destacan buena seguridad y ambiente agradable, atributos que estabilizan la ocupación y reducen la vacancia. Construido en 2012, el edificio se ubica en un punto óptimo del ciclo de mantenimiento — suficientemente reciente para mantener competitividad de amenidades (gimnasio, piscina, BBQ área, salón de eventos) y suficientemente maduro para tener historial operativo verificable. Comparado contra bonos soberanos panameños con rendimiento de 3% a 4% anual, Altamira Residences ofrece una prima por riesgo razonable considerando los 91 unidades del complejo, que aportan liquidez interna de comparables.
Ideal resident profile
Read the full analysis (in Spanish)
Perfil del residente
Altamira Residences calza con profesionales jóvenes, parejas y familias pequeñas que valoran la proximidad a Bella Vista y al Parque Metropolitano. El residente ideal busca un equilibrio entre acceso al corredor financiero, vida residencial estable y acceso a áreas verdes. Las amenidades documentadas — gimnasio, piscina, BBQ área, salón de eventos y parqueadero de visitantes — cubren las necesidades cotidianas sin escalar a un programa de hotel cinco estrellas. El edificio cuenta con cisterna y planta eléctrica, lo cual mitiga interrupciones del servicio común en el corredor.
No calza para perfiles que buscan amenidades premium tipo spa, valet parking o cine privado — el programa de Altamira Residences es funcional y completo, no premium. Tampoco para compradores que requieren absoluta exclusividad y baja densidad — las 91 unidades en 16 pisos implican una densidad media-alta. Familias que prioricen áreas infantiles específicas deben validar la disponibilidad real con la administración, dado que el programa documentado no menciona áreas para niños como elemento diferenciado.
Compared with similar buildings
Read the full analysis (in Spanish)
Comparación con la zona
Dentro de Río Abajo y su frontera con Bella Vista, Altamira Residences se posiciona en el segmento mid-range con una calificación pública sólida (4.8 sobre 5) que lo diferencia frente a alternativas del mismo corredor. La cercanía al Parque Metropolitano es un atributo geográfico valioso, dado que la oferta de áreas verdes urbanas en la ciudad es limitada y se concentra en pocos corredores.
Frente a edificios de Bella Vista pura con precios por metro cuadrado más altos, Altamira Residences ofrece la misma direccionalidad de acceso al corredor financiero a precios más accesibles, a cambio de estar sobre Calle 44 Este en sector adyacente y no en el núcleo de Bella Vista. Frente a alternativas de Río Abajo central, ofrece una calificación pública superior y un programa de amenidades más completo. El comprador que prioriza la relación precio-amenidades en un corredor con acceso al Parque Metropolitano encuentra en Altamira Residences una opción competitiva.
Risks to consider
Read the full analysis (in Spanish)
Consideraciones de riesgo
La iliquidez es el riesgo estructural primario. Una unidad en el rango USD 120,000 a USD 350,000 puede tardar entre 4 y 12 meses en venderse a precio justo, y los costos de transacción — comisión, ITBI, honorarios — restan entre 5% y 7% del valor de salida. La densidad del edificio (91 unidades) genera comparables internos frecuentes, lo cual ayuda al inversionista a validar precio de mercado pero también incrementa la competencia interna al momento de vender o alquilar.
Construido en 2012, el edificio se aproxima a su décimo cuarto año de operación, una etapa en la que es habitual abordar renovaciones de elementos comunes (pintura, ascensores, sistema de bombeo, equipo de piscina). El comprador debe revisar los aportes al fondo de reserva, la planificación de obras y el reglamento de propiedad horizontal con detalle. La mención de cancha de tenis en una reseña es un atributo a confirmar con la administración, dado que no aparece en el listado oficial de amenidades documentadas — esta validación es importante porque la cancha implica costos de mantenimiento adicionales que afectan la cuota mensual.
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Your building report
Available listings, asking prices and dated market references. It is a reference, not an official appraisal.
For owners
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Compare before you decide
How it compares
Other recommended options
Altamira Residences combines a park view, a valued location, and a robust rating. Here is how it stands relative to comparable alternatives.
Alternativa
PH Lemon Tower
24-story tower from 2008 in Rio Abajo with a 4.8 across 17 reviews. Alternative with an equivalent rating and greater scale.
View buildingAlternativa
PH Hortensias
24-story tower from 2013 in Calidonia with a 4.8 across 12 reviews. Contemporary alternative with greater scale.
View buildingComplementario
PH Zima La Cresta
15-story building from 2006 in the nearby La Cresta sector. More established alternative with similar scale.
View buildingFrequently asked questions
How much does an apartment in Altamira Residences cost?
According to PanamaProp's catalog, the median sale price in Altamira Residences is $239,900 (~$2,371/m²), based on 16 listed units as of Sep 24, 2026. These are active-inventory market figures, not an appraisal; contact us for a formal valuation.
Where is Altamira Residences located?
Altamira Residences is in Bella Vista, Panama City. The map at the top of this page shows its location.
Are there apartments for sale at Altamira Residences?
Yes. This page shows sale listings published on portals for Altamira Residences. Ask the PanamaProp team about availability before visiting.
Are rentals available at Altamira Residences?
Yes. The "Rent" tab shows listings published on portals, with monthly prices in USD. Ask the PanamaProp team about availability.
When was the building constructed?
Altamira Residences was built in 2012. This usually affects HOA fees and renovation needs.
How many floors does Altamira Residences have?
Altamira Residences has 16 floors. Height affects views, wind exposure and elevator wait times.
How many units does Altamira Residences have?
Altamira Residences has 91 total units. Density impacts privacy, noise, and social dynamics in the building.
How do I ask about availability at Altamira Residences?
Use the "Ask our team about availability" button: it opens Alma with Altamira Residences already selected. You can also request an alert when a unit is listed or write to info@panamaprop.com.
How do you get to the Metro from Altamira Residences?
The Santo Tomás Metro station is a 5-minute walk from Altamira Residences.
Which schools are near Altamira Residences?
Within walking distance of Altamira Residences: Colegio Regiomontano (2 min), Colegio Anglo Mexicano (2 min) and Instituto Técnico Superior Bilingüe Tecno Plus Monterrey (2 min).
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Sources and method
Building data; reviews and places from Google Maps; asking prices on listing portals; map © OpenFreeMap and © OpenStreetMap. Updated .
Verified with Google and public sourcesPublished, auditable methodology