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Costanera Bella Vista

C. 48 Este-Rogelio Alfaro

Bella Vista202148 floors4.9 · 28 reviews

Updated Nov 1, 2026View on the map

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Rentbuilding $3,500/moBuybuilding $3,634/m²Sellwhat yours is worth

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2021
year built
48
floors
$3,500
rent/month, building
$3,634
per m², building
4.9
28 Google reviews
8 min
walk to Iglesia del Carmen
  • Pool
  • Gym
  • 24/7 security
  • Event hall
  • Coworking
  • Ocean view

Building data and Google reviews; asking prices on listing portals for Bella Vista, as of Nov 1, 2026. Sources and method

About Costanera Bella Vista

A luxury residential project facing the Cinta Costera with ocean views and adjacent green areas.

Costanera Bella Vista is a luxury residential project located facing the Cinta Costera, on Calle 48 Este-Rogelio Alfaro, inside the Bella Vista waterfront segment of Panama City. Its 48-story program with construction completed in 2021 includes pool, gym, ocean view, 24/7 security, event hall, and coworking — amenities aligned with the premium profile of the bayfront corridor and the contemporary expectations of executive and expatriate buyers.

Bella Vista facing the Cinta concentrates modern developments with direct access to bike paths, lookouts, parks, and green areas that extend the livable space beyond the building itself. Costanera Bella Vista holds a 4.9 out of 5 rating on Google Maps after 28 verified reviews. Recurring mentions highlight modernity, exclusivity, location, a large pool, and safety to walk the Cinta Costera both day and night, attributes consistent with the premium positioning of the project.

Availability at Costanera Bella Vista

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

$613K
Average sale price
69 comparables
$3,433/mo
Average rent
3 comparables
$3,634/m²
Median $/m²
67 units
187 days
Days on market
72 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

163 places within a 10-minute walk. The nearest metro station, Iglesia del Carmen, is 8 minutes away on foot.

For park, Parque Urracá is a 3-minute walk from Costanera Bella Vista, with 5 within 500 meters. For gym, AURA Fitness Club is a 2-minute walk from Costanera Bella Vista, with 14 within 500 meters. For shopping, Plaza Bella Vista is a 3-minute walk from Costanera Bella Vista, with 6 within 500 meters. For supermarket, Riba Smith | Bella Vista is a 3-minute walk from Costanera Bella Vista, with 6 within 500 meters. Estación Iglesia del Carmen is the nearest Metro station to Costanera Bella Vista: a 8-minute walk, against a Bella Vista median of 6 minutes.

  • Nearby gymsAURA Fitness Club2 min walk
  • EducationUniversidad Santander1 min walk
  • HealthcareTHE FUNCTIONAL FAMILY2 min walk
  • ShoppingRiba Smith | Bella Vista3 min walk
  • ParksParque Urracá3 min walk
  • RestaurantsEl Pinche Gallo1 min walk
  • TransitEstación Iglesia del Carmen8 min walk
  • Specialty cafesThe Gray's Cafe5 min walk
  • CoworkingThe Cube Coworking5 min walk
See the 3 closest places in each category

Nearby gyms

  • AURA Fitness Club2 min93m
  • INTNT1085.0 (1)2 min127m
  • Aly Loves Yoga5.0 (22)3 min177m

Education

  • Universidad Santander4.1 (37)1 min50m
  • Maruca Maris4 min271m
  • Academia de Control Gubernamental5.0 (2)4 min290m

Healthcare

  • THE FUNCTIONAL FAMILY5.0 (16)2 min136m
  • Hospitalia, S A3.5 (6)5 min364m
  • La Casa del Médico3.8 (36)5 min369m

Shopping

Parks

  • Parque Urracá4.5 (6904)3 min170m
  • Barras de calistenia - parque urraca5.0 (1)3 min174m
  • Parque de perro3 min178m

Restaurants

  • El Pinche Gallo4.4 (166)1 min46m
  • Fonda Parque Urracá4.4 (14)1 min48m
  • Los Tacos de Villa4.5 (1513)1 min59m

Transit

Specialty cafes

  • The Gray's Cafe4.5 (4)5 min322m
  • Luna Café4.9 (92)5 min324m
  • Punto Pty5.0 (1)5 min394m

Coworking

  • The Cube Coworking5.0 (191)5 min326m
  • Tosto Coffee Cl. Uruguay4.4 (399)5 min368m
  • Infoconexus4.2 (177)8 min593m

Driving times

  • Cinta Costera3 min808m
  • Soho Mall6 min1.1 km
  • Centro Médico Paitilla7 min1.4 km
  • Multiplaza Pacific Mall8 min1.7 km

Living at Costanera Bella Vista

Resident profile

Is Costanera Bella Vista right for you?

Recommended for

  • Buyers seeking premium residential property facing the Cinta Costera with ocean views.
  • Families and professionals who use the Cinta for sport and outdoor living.
  • Residents who value a waterfront location combined with Bella Vista services.

Keep in mind if

  • Buyers looking for boutique low-scale towers.
  • Investors focused on high-turnover short-term rental — the residential profile dominates.

Review summary

What residents and visitors highlight

Analysis of 28 verified Google Maps reviews.

Ocean view

Mencionado positivamente

Position facing the Cinta Costera with ocean and city views. Reviews highlight a fabulous location.

Premium amenities

Mencionado positivamente

Large pool mentioned by residents as one of the strong points. Gym, event hall, coworking, and 24/7 security.

Safe and green surroundings

Mencionado positivamente

Reviews highlight that the Cinta is safe to walk day and night, with lookouts, parks, and bike paths that extend the livable space.

Modernity

Mencionado positivamente

Described as super modern and exclusive, with excellent amenities aligned with the premium segment.

Google Reviews

4.9(28)
Kenia López

Es un buen lugar para visitar en familia, es seguro y se puede ver una vista de la ciudad.

javier castillo ballis

Solo e visto por foto y me impresiona este PH esta bonito y la ubicación es fabulosa.

Ethan 24

Muy buen apartamento mucho espacio gran piscina

Carolina Asencio Makeup

Es seguro caminar a lo largo de la cinta Costanera ya sea de noche o de día. Tiene algunos miradores, parques.

PanamaProp analysis

Investment thesis

Read the full analysis (in Spanish)

Análisis de inversión

Costanera Bella Vista se ubica en el segmento waterfront premium de Bella Vista, frente a la Cinta Costera. La ficha pública no registra rangos de precio agregados, por lo que el cálculo de rendimiento bruto debe construirse contra el ticket específico del listing en negociación. Para el corredor frente a la bahía, el rango de rendimiento bruto observado en arrendamiento residencial premium se sitúa entre 0.5% y 0.8% mensual sobre el precio de compra, equivalente a 6% a 9.6% anual antes de gastos comunes, impuesto de inmueble y vacancia.

La calificación de 4.9 sobre 5 en Google Maps con 28 reseñas verificadas es un indicador relevante de satisfacción del residente y soporta una hipótesis de baja rotación de inquilinos, factor que impacta directamente el rendimiento neto al reducir gastos de remarketing y meses vacantes. Frente a una tasa de bono soberano panameño en el rango de 3% a 4% anual, una propiedad bien posicionada en este corredor puede ofrecer prima de rendimiento de 200 a 500 puntos básicos, condicionada a precio de entrada disciplinado y gestión activa del arriendo.

Los 48 pisos y entrega en 2021 ubican al edificio dentro del inventario reciente del corregimiento, lo que reduce el horizonte previsible de capex extraordinario en los próximos cinco a siete años.

Ideal resident profile

Read the full analysis (in Spanish)

Perfil de residente

El programa de amenidades (piscina, gimnasio, vista al mar, seguridad 24/7, salón de eventos y coworking) calza con un perfil de ejecutivo o profesional independiente que combina home office con vida activa en exteriores. La adyacencia directa a la Cinta Costera, sus ciclovías, miradores y parques extiende el espacio habitable más allá del edificio y favorece a residentes que valoran caminar, correr o pedalear como parte de la rutina diaria.

El perfil también acomoda a parejas sin hijos en formación de patrimonio, a inversionistas que mantienen una unidad como pied-à-terre en la ciudad, y a familias pequeñas que priorizan vista al mar y seguridad sobre metraje generoso.

No es la mejor opción para familias numerosas que requieren áreas comunes infantiles extensas, para residentes que dependen de auto en toda movilidad (la zona prioriza peatón y ciclista) ni para perfiles que buscan barrios estrictamente residenciales sin densidad alta, ya que el corredor frente a la Cinta concentra torres de gran altura y tráfico vehicular en horas pico.

Compared with similar buildings

Read the full analysis (in Spanish)

Comparación con la zona

Dentro de Bella Vista, el corredor frente a la Cinta Costera se diferencia del interior del corregimiento por su exposición visual al mar, su trama urbana de torres modernas y su adyacencia a la mayor concesión de espacio público recreativo de la ciudad. Esto lo posiciona en un tier premium respecto a desarrollos más alejados del frente costero, donde el ticket por metro cuadrado suele ser menor pero también lo es el potencial de apreciación visual y de arrendamiento corto plazo.

Frente a corredores comparables como Avenida Balboa o Punta Pacífica, Bella Vista waterfront conserva trama urbana caminable consolidada y mejor conectividad peatonal con el Casco Antiguo, San Francisco y Marbella. Punta Pacífica concentra ticket promedio superior y servicios privados como Hospital Punta Pacífica, mientras que Bella Vista mantiene un perfil más diverso y menor concentración de inventario nuevo de ultra-lujo.

La calificación de 4.9 sobre 5 ubica a Costanera Bella Vista en la franja alta de satisfacción documentada para edificios del corredor, factor diferenciador frente a torres del mismo tier cuya recepción pública es más mixta.

Risks to consider

Read the full analysis (in Spanish)

Riesgos a considerar

La inversión inmobiliaria es estructuralmente ilíquida. Salir de la posición puede requerir entre tres y doce meses según ciclo de mercado, condición de la unidad y agresividad del precio de venta. Esto contrasta con instrumentos financieros como bonos panameños, que ofrecen ventana de salida más amplia aunque con rendimiento inferior.

La ausencia de rangos de precio público en la ficha consolidada obliga a validar comparables específicos antes de cerrar, ya que el rango entre unidades bajas y altas en torres de 48 pisos frente al mar puede superar el factor de tres a uno. La exposición frente a la Cinta también implica exposición a salinidad y viento, factores que aceleran el desgaste de carpintería metálica exterior y vidriería, y que deben ser contemplados en el reglamento de copropiedad y en el fondo de reserva.

Finalmente, la concentración de inventario nuevo en el corredor genera competencia directa al momento de alquilar, por lo que la diferenciación de la unidad (piso alto, orientación, acabados) impacta materialmente el tiempo en mercado.

What is the return on investing here?

Monthly cash flow, 5-year ROI, break-even and payback, in 2 minutes.

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What yours is worth (PanamaEstimate)

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Estimates, ROI and projections are for reference only and are based on aggregated market data. Independent market analysis; not personalized financial advice.

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Available listings, asking prices and dated market references. It is a reference, not an official appraisal.

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How it compares

Other recommended options

Costanera Bella Vista competes in the premium waterfront segment of the corregimiento. Here is how it stands relative to other options in the area and adjacent zones.

Alternativa

Wanders and Yoo

Marbella boutique tower with a 4.6 across 70 reviews. Alternative with hotel-style social areas and a smaller scale.

View building
Alternativa

P.H. Plaza Miramar (Torre 2)

Tower facing Avenida Balboa with a valued management. Established product in an adjacent zone.

View building
Alternativa

Edificio Coral Plaza Marbella

Marbella residential building rated 4.6. A more residential profile without the premium oceanfront scale.

View building

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Frequently asked questions

How much does an apartment in Costanera Bella Vista cost?

According to PanamaProp's catalog, the median sale price in Costanera Bella Vista is $550,000 (~$3,634/m²), based on 69 listed units as of Oct 08, 2026. These are active-inventory market figures, not an appraisal; contact us for a formal valuation.

Where is Costanera Bella Vista located?

Costanera Bella Vista is in Bella Vista, Panama City. The map at the top of this page shows its location.

Are there apartments for sale at Costanera Bella Vista?

Yes. This page shows sale listings published on portals for Costanera Bella Vista. Ask the PanamaProp team about availability before visiting.

Are rentals available at Costanera Bella Vista?

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?

Costanera Bella Vista was built in 2021. This usually affects HOA fees and renovation needs.

How many floors does Costanera Bella Vista have?

Costanera Bella Vista has 48 floors. Height affects views, wind exposure and elevator wait times.

How do I ask about availability at Costanera Bella Vista?

Use the "Ask our team about availability" button: it opens Alma with Costanera Bella Vista 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 Costanera Bella Vista?

The Iglesia del Carmen Metro station is a 8-minute walk from Costanera Bella Vista.

Is there a supermarket near Costanera Bella Vista?

Yes. Riba Smith | Bella Vista is a 3-minute walk from Costanera Bella Vista, with 6 grocery stores within 500 meters.

Which schools are near Costanera Bella Vista?

Within walking distance of Costanera Bella Vista: CAIPI DE LA CONTRALORIA (4 min) and Colegio Bilingüe Las Naciones (6 min).

New to Panama? Get the complete guide

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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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