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GrandBay Tower

ave jades y, Av. Vasco Nuñez de Balboa

Avenida Balboa201328 floors4.6 · 158 reviews

Updated Oct 17, 2026View on the map

What are you looking for at GrandBay Tower?

Rentbuilding $1,600/moBuybuilding $2,239/m²Sellwhat yours is worth

Free. Opens Alma with this building already selected.

2013
year built
28
floors
$1,600
rent/month, building
$2,239
per m², building
4.6
158 Google reviews
  • Pool
  • Gym
  • 24/7 security
  • Social room
  • BBQ area
  • Ocean view

Building data and Google reviews; asking prices on listing portals for Avenida Balboa, as of Oct 17, 2026. Sources and method

About GrandBay Tower

GrandBay Tower is a 28-floor residential tower located on Avenida Vasco Núñez de Balboa, in Bella Vista, Panama City, completed in 2013. The building rises in one of the city's most recognized urban districts, a walkable neighborhood that blends modernity and tradition and sits a short distance from the Cinta Costera, the pedestrian and road axis along the bay. Proximity to this coastal avenue defines residents' everyday character at GrandBay Tower, with direct access to the walking circuit, bike path and ocean views.

The published amenities for the building include a pool, gym and social lounge, complemented by a BBQ area for gatherings and 24/7 security at the entrance. This combination covers the usual needs of wellness, social recreation and safety within the tower, without requiring travel for physical activity or occasional events. Given GrandBay Tower's height, units on upper floors offer orientations that may capture the bayline or the Bella Vista urban skyline, depending on each apartment's floor and facade.

Bella Vista is a central district of Panama City, valued by residents and professionals who seek urban connectivity without moving away from the waterfront. The square meters (sqm), number of bedrooms and exact features of each apartment vary within the tower. Units available for sale or rent at GrandBay Tower can be reviewed directly in the active listings published on the building's page, which reflect concrete prices and features for each property.

Availability at GrandBay Tower

Rent

Ask the PanamaProp team about rentals: we check what is coming up in the building based on your bedrooms, budget and move-in date.

Sale

Ask the PanamaProp team about units for sale: we review the building's units based on your bedrooms and budget.

Market data

$227K
Average sale price
60 comparables
$1,645/mo
Average rent
40 comparables
$2,239/m²
Median $/m²
60 units
55 days
Days on market
100 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

155 places within a 10-minute walk.

GrandBay Tower has 20 malls within 500 meters; the closest, CONSTIPA, is a 2-minute walk. For gym, Volé Studio is a 2-minute walk from GrandBay Tower, with 16 within 500 meters. For park, Navilandia - Panamá is a 3-minute walk from GrandBay Tower, with 7 within 500 meters. For school, Escuela Japonesa de Panamá is a 3-minute walk from GrandBay Tower, with 3 within 500 meters.

  • Nearby gymsVolé Studio2 min walk
  • EducationEscuela Japonesa de Panamá3 min walk
  • HealthcareCENDIGASTRO | Endoscopia |Colonoscopia|GASTROENTEROLOGOS|NEUROGASTRO|COLOPROCTOLOGOS| PANAMA3 min walk
  • ShoppingCONSTIPA2 min walk
  • ParksNavilandia - Panamá3 min walk
  • RestaurantsOh-Toro Ramen & Sushi | Balboa Boutiquese2 min walk
  • Specialty cafesGourmarket Specialty Store Balboa Boutiques2 min walk
  • CoworkingNodo Coworking4 min walk
See the 3 closest places in each category

Nearby gyms

  • Volé Studio4.9 (29)2 min108m
  • Uplift PTY5.0 (8)2 min111m
  • IN FIT ELECTRO CLUB AV BALBOA4.8 (6)2 min142m

Education

  • Escuela Japonesa de Panamá3 min168m
  • Tic Tac Toe Kids5.0 (1)3 min234m
  • Personitas del Mañana6 min419m

Healthcare

  • CENDIGASTRO | Endoscopia |Colonoscopia|GASTROENTEROLOGOS|NEUROGASTRO|COLOPROCTOLOGOS| PANAMA4.8 (70)3 min169m
  • Rejuvenece Tu Corazon Panamá5.0 (1)3 min194m
  • Blue Balance Wellness Center5.0 (2)3 min224m

Shopping

  • CONSTIPA2 min86m
  • Neurotrauma4.1 (26)2 min98m
  • Ph BayMall5.0 (1)2 min102m

Parks

  • Navilandia - Panamá4.0 (5)3 min167m
  • Parque Lola de La Guardia5.0 (5)3 min179m
  • Entrenamientos P424.0 (1)4 min263m

Restaurants

  • Oh-Toro Ramen & Sushi | Balboa Boutiquese4.3 (229)2 min107m
  • Centro Gastronómico by Balboa Boutiques4.5 (41)2 min109m
  • Costa Mar - Drinks - Sea cuisine - Brunch4.8 (4)2 min114m

Specialty cafes

  • Gourmarket Specialty Store Balboa Boutiques5.0 (7)2 min108m
  • La Vasquita – Tartas Vascas, Specialty Coffee & Brunch | Marbella4.9 (1546)2 min113m
  • Cykel Panamá5.0 (4)2 min114m

Coworking

  • Nodo Coworking5.0 (3)4 min278m
  • Regus - Banistmo Tower4.1 (18)5 min345m
  • Espacios EPI5.0 (7)6 min444m

Driving times

  • Cinta Costera4 min866m
  • Multiplaza Pacific Mall7 min1.3 km
  • Centro Médico Paitilla8 min1.6 km

Living at GrandBay Tower

Google Reviews

4.6(158)
Florita Salazar Ruiz

Es un excelente lugar, tiene cerca centros comerciales, supermercados, y puedes salir a caminar muy tranquilo por la calles cercanas, las habitaciones son amplias, muy limpias, la cocina tiene de todo muy equipadas, tienen aire acondicionado y un balcón con vistas magníficas que he dejado aquí en mis fotografías.

Alberto Rudas

Las habitaciones son cómodas y la atención fue rápida

Anya Forger

A mí hermana y a mi nos pasó algo paranormal. En la noche subimos porqué íbamos a entrar a la piscina y un ascensor estaban pasando cosas raras y se sentía algo espiritual (somos cristianas) bueno no daré detalles pero el lugar muy lindo y todo menos eso.

Javier Hernandez

Esto NO es un apartahotel sino un edificio residencial, donde parece que hay gente que intenta alquilar por noches, algo que está prohibido. Si les alquilan habitaciones por noches o semanas estarán incumpliendo la ley de la República de Panamá y les puede traer sanciones económicas importantes. CUIDADO!

PanamaProp analysis

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What yours is worth (PanamaEstimate)

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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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This page shows 100 sale or rental listings at GrandBay Tower. Compare asking prices for the transaction you are considering.

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Frequently asked questions

How much does an apartment in GrandBay Tower cost?

According to PanamaProp's catalog, the median sale price in GrandBay Tower is $225,000 (~$2,239/m²), based on 60 listed units as of Jul 21, 2026. These are active-inventory market figures, not an appraisal; contact us for a formal valuation.

Where is GrandBay Tower located?

GrandBay Tower is in Avenida Balboa, Panama City. The map at the top of this page shows its location.

Are there apartments for sale at GrandBay Tower?

Yes. This page shows sale listings published on portals for GrandBay Tower. Ask the PanamaProp team about availability before visiting.

Are rentals available at GrandBay Tower?

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?

GrandBay Tower was built in 2013. This usually affects HOA fees and renovation needs.

How many floors does GrandBay Tower have?

GrandBay Tower has 28 floors. Height affects views, wind exposure and elevator wait times.

How do I ask about availability at GrandBay Tower?

Use the "Ask our team about availability" button: it opens Alma with GrandBay Tower 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 GrandBay Tower?

From GrandBay Tower, public transport is by bus or car: the nearest Panama Metro station is beyond walking distance.

Which schools are near GrandBay Tower?

Within walking distance of GrandBay Tower: Escuela Japonesa de Panamá (3 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 .

Data methodology (in Spanish)

Verified with Google and public sourcesPublished, auditable methodology
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