Social area and quiet zone
Mencionado positivamenteReviews highlight a nice social area and quiet zone. Excellent location according to residents.
PH Alexa Bellavista
Also known as Alexa Bellavista · C. 39 Este 13311
Avenida Balboa201616 floors4.3 · 10 reviews
Updated Nov 1, 2026View on the map
What are you looking for at PH Alexa Bellavista?
Rentarea $1,900/moBuyarea $2,448/m²Sellwhat yours is worthFree. Opens Alma with this building already selected.
- 2016
- year built
- 16
- floors
- 104
- units
- $1,900
- rent/month, area
- $2,448
- per m², area
- 4.3
- 10 Google reviews
- 2 min
- walk to Santo Tomás
- Pool
- Gym
- 24/7 security
- Event hall
- Kids' play area
- BBQ area
- Visitor parking
- Lobby
- Backup generator
- Water tank
- Elevators
Building data and Google reviews; asking prices on listing portals for Avenida Balboa, as of Nov 1, 2026. Sources and method
About PH Alexa Bellavista
A 16-story building on Calle 39 Este in Bella Vista with social areas well rated by residents and recent operating history.
PH Alexa Bellavista is a residential building completed in 2016 with 16 floors and 104 units, located on Calle 39 Este in Bella Vista. Its documented amenities program is complete for a family profile and includes pool, gym, children's play area, event hall, BBQ area, 24/7 security, lobby, water reserve, backup power, visitor parking, and elevators — a package consistent with the mid-scale family residential segment.
It holds a 4.3 out of 5 rating on Google Maps after 10 verified reviews. Positive mentions highlight a nice social area, a quiet zone, and excellent location with administrative support described as good by new residents during the handover phase. Critical reviews report administrative errors with warranties and incorrect meter connections during the handover process — observations to weigh for sensitive profiles. Buyers should weigh the operational observations reported with management before closing on a unit.
Availability at PH Alexa Bellavista
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
Few comparables available for this building. As a reference, live data for the Avenida Balboa zone:
$325K
Median sale (zone)
848 comparables
$2,448/m²
Median $/m² (zone)
typical range $2,136/m²–$3,161/m²
$1,900/mo
Median rent (zone)
615 comparables
848
Active in the zone
sale listings
Zone-level data aggregated from active public-portal listings, updated November 1, 2026. List prices, not closing prices.
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
144 places within a 10-minute walk. The nearest metro station, Santo Tomás, is 2 minutes away on foot.
PH Alexa Bellavista ranks 1st of 18 buildings in Avenida Balboa for Metro access: Santo Tomás is a 2-minute walk, against a zone median of 4.5 minutes. PH Alexa Bellavista ranks 1st of 23 buildings in Avenida Balboa for shopping access: Plaza Bella Metro is a 1-minute walk, against a zone median of 4 minutes. PH Alexa Bellavista ranks 1st of 23 buildings in Avenida Balboa for gym access: KM Pilates Panamá is a 1-minute walk, against a zone median of 2 minutes. For healthcare, Clinica Nacional/Cardiología is a 2-minute walk from PH Alexa Bellavista, with 17 within 500 meters. For school, Escuela Latinoamericana is a 3-minute walk from PH Alexa Bellavista, with 15 within 500 meters.
- Nearby gymsKM Pilates Panamá1 min walk
- EducationColumbus University.1 min walk
- HealthcareClinica Nacional/Cardiología2 min walk
- ShoppingPlaza Bella Metro1 min walk
- ParksCinta costera6 min walk
- RestaurantsRestaurant Metro 5201 min walk
- TransitSanto Tomás2 min walk
- Specialty cafesCafetería Luna Azul | Santo Tomás2 min walk
- CoworkingBusiness Point5 min walk
See the 3 closest places in each category
Nearby gyms
- KM Pilates Panamá5.0 (10)1 min60m
- Aabha Yoga4 min314m
- Majestic Gym4.5 (19)6 min437m
Education
- Columbus University.4.4 (49)1 min68m
- UNAD2 min121m
- Universidad del Istmo (Campus central)4.0 (106)2 min132m
Healthcare
- Clinica Nacional/Cardiología4.0 (2)2 min96m
- Obesidad Panamá2 min100m
- Consulta Externa Hospital Santo Tomás3.4 (16)2 min109m
Shopping
- Plaza Bella Metro4.8 (4)1 min40m
- Mini Super Meimei4.5 (2)2 min153m
- Unicentro Bella Vista3 min219m
Parks
- Cinta costera4.9 (155)6 min407m
- Parque Francisco A. Paredes4.4 (60)6 min408m
- Parque de Calistenia4.8 (6)6 min456m
Restaurants
- Restaurant Metro 5205.0 (1)1 min48m
- MANE FRIED CHICKEN SANDWICH4.7 (14)1 min48m
- Kalabaza5.0 (1)1 min49m
Transit
- Santo Tomás4.4 (76)2 min137m
- Estación Lotería4.5 (85)9 min643m
Specialty cafes
- Cafetería Luna Azul | Santo Tomás4.5 (58)2 min160m
- Bypass Café4.6 (8)3 min201m
- Panaderia y Cafeteria Mamani`s4.7 (12)5 min372m
Coworking
- Business Point4.4 (113)5 min354m
- The Cube Coworking5.0 (191)12 min944m
- Tosto Coffee Cl. Uruguay4.4 (399)13 min1.0 km
Living at PH Alexa Bellavista
Resident profile
Is PH Alexa Bellavista right for you?
Recommended for
- Families who prioritize complete amenities (gym, pool, play area) at mid-scale.
- Buyers who accept recent operations with administrative adjustments still in progress.
- Profiles who value a central location in Bella Vista with quick connectivity.
Keep in mind if
- Buyers sensitive to reported administrative issues — mixed feedback on record.
- Profiles who require a consolidated and mature operating history.
Review summary
What residents and visitors highlight
Analysis of 10 verified Google Maps reviews.
Mixed administration
Comentarios mixtosPositive reviews report administrative support during handover. Critical reviews report errors with warranties and incorrect meter connections. Mixed history to weigh with management.
Building in handover phase
Mencionado positivamenteReviews mention many things still being put in place at the time of review. Building in early operating phase.
Google Reviews
4.3(10)
Arcelio Rodríguez
He tenido buen apoyo y guía por parte de la administración, están en proceso de entrega y es entendible que muchas cosas están colocándose en su lugar, hasta el momento no he tenido mala experiencia y todos han respondido a mis solicitudes a tiempo.
I BM
Bonito area social, zona tranquila
CESAR ZAMORA
Excelente ubicación, pero la administración comete errores... Hasta el punto que Naturgy conecta medidores de luz en lugares incorrectos y la administración bien gracias. Adicionalmente no se atienden con prontitud los problemas asociados a las garantías.
Jaime Garzon
PanamaProp analysis
Investment thesis
Read the full analysis (in Spanish)
Análisis de inversión
PH Alexa Bellavista opera en un rango de USD 120,000 a USD 350,000, banda mid-range que en el mercado panameño se traduce típicamente en rendimientos brutos de alquiler entre 0.5% y 0.8% mensual sobre precio de compra, según comparables del corredor. Para una unidad adquirida en USD 200,000, el ingreso esperado se ubica entre USD 1,000 y USD 1,600 mensuales antes de gastos operativos y mantenimiento.
La comparación con instrumentos de renta fija panameños es directa: los bonos soberanos rinden actualmente entre 3% y 4% anual en dólares, mientras que un apartamento bien arrendado en este edificio puede ofrecer entre 6% y 9% bruto anual. La diferencia compensa el costo de iliquidez y la gestión activa, aunque el inversionista debe restar PH mensual, ITBI, comisión de corretaje y vacancia para llegar al rendimiento neto efectivo.
La calificación de 4.3 sobre 5 en Google Maps con 10 reseñas verificadas refuerza la tesis de demanda estable. El año de construcción (2016) ubica al edificio dentro de la ventana de menor riesgo de mantenimiento mayor — el período entre los 10 y 15 años post-entrega suele concentrar las renovaciones más costosas. Se recomienda solicitar el estado financiero de la junta antes de cerrar.
Ideal resident profile
Read the full analysis (in Spanish)
Perfil del residente
PH Alexa Bellavista calza con un perfil familiar de escala media que prioriza amenidades completas sobre exclusividad o ubicación premium. El paquete documentado — piscina, gimnasio, juegos para niños, salón de eventos, BBQ área y parqueadero de visitantes — está alineado con núcleos familiares con hijos en edad escolar que valoran espacios comunes activos dentro del edificio.
La seguridad 24/7, planta eléctrica y cisterna responden a expectativas básicas del segmento residencial estable panameño. Profesionales que requieren coworking, business center o servicios concierge no encontrarán aquí ese nivel de servicio — el edificio no documenta esas amenidades.
No calza con compradores que buscan torres boutique de alta gama, vistas panorámicas al mar o ubicaciones premium con caminabilidad a la Cinta Costera o Calle 50. Tampoco es adecuado para inversionistas enfocados en alquiler corporativo de ejecutivos expatriados, segmento que tiende a concentrarse en Costa del Este, Marbella o Punta Pacífica. El residente ideal es panameño con familia, comprador de primera vivienda o de upgrade dentro del corredor de Bella Vista.
Compared with similar buildings
Read the full analysis (in Spanish)
Posicionamiento en la zona
Dentro del corredor de Bella Vista, PH Alexa Bellavista se ubica en la banda media del inventario disponible. Bella Vista es una de las siete zonas premium reconocidas en el mercado panameño, pero su inventario es heterogéneo: convive con torres boutique de un apartamento por piso y vistas al Canal, con desarrollos modernos de torre alta sobre Avenida Balboa, y con edificios mid-range de programa familiar como este.
El tier de Alexa Bellavista corresponde a edificio residencial familiar con amenidades completas pero estándar, sin atributos diferenciadores premium como vista al mar, valet parking, servicio de housekeeping o spa. Su banda de precio (USD 120,000 a 350,000) lo posiciona como opción accesible dentro de Bella Vista, comparado con el promedio del corregimiento que tiende a USD 2,500 a 3,500 por metro cuadrado en producto comparable.
La ubicación sobre Calle 39 Este es residencial estable, con acceso a Vía Argentina y al Parque Urracá. Para el comprador, la propuesta de valor es exposición a una zona premium con barrera de entrada moderada — un perfil escaso en Bella Vista donde el inventario nuevo tiende a precios más altos.
Risks to consider
Read the full analysis (in Spanish)
Riesgos a considerar
La iliquidez es el riesgo estructural más relevante. La venta de un apartamento en este rango puede demorar entre 6 y 18 meses desde la primera publicación, según las condiciones del mercado al momento de la salida. El comprador debe asumir el inmueble como activo de mediano a largo plazo (5 a 10 años) y no como instrumento de rotación rápida.
La muestra de 10 reseñas en Google Maps es estadísticamente pequeña — la calificación de 4.3 puede oscilar significativamente con nuevas reseñas y no constituye evidencia robusta de calidad operativa sostenida. Se recomienda complementar con visita presencial, conversación con residentes actuales y revisión del estado financiero de la PH.
El segmento mid-range familiar en Bella Vista compite con inventario nuevo en corregimientos adyacentes (Calidonia, San Francisco) que ofrece producto similar a precio comparable. La sensibilidad al precio del comprador del segmento puede presionar márgenes en escenarios de mayor inventario disponible. Adicionalmente, conviene confirmar el estatus de exoneración de inmueble vigente, dado que las reglas fiscales panameñas han cambiado para construcciones anteriores a 2019.
What is the return on investing here?
Monthly cash flow, 5-year ROI, break-even and payback, in 2 minutes.
Do you own an apartment at PH Alexa Bellavista?
What yours is worth (PanamaEstimate)
PanamaEstimate
Instant valuation
Powered by PanamaProp · 531 verified buildings
Estimates, ROI and projections are for reference only and are based on aggregated market data. Independent market analysis; not personalized financial advice.
Your building report
Available listings, asking prices and dated market references. It is a reference, not an official appraisal.
For owners
Do you own a unit in this building?
Explore the available information about PH Alexa Bellavista and request guidance on your property.
Compare before you decide
How it compares
Other recommended options
PH Alexa Bellavista occupies a recent residential segment in Bella Vista. Here is how it stands relative to alternatives.
Alternativa
PH Balboa Bay
Bella Vista building, 24 floors and 114 units (2007), with a 4.7 across 21 reviews. Alternative with mature history and higher rating.
View buildingAlternativa
Marina Tower
Bella Vista tower, 42 floors and 93 units (2012), with a 4.3 across 111 reviews. Alternative with a wider sample and similar rating.
View buildingAlternativa
Costanera Bella Vista
Bella Vista tower, 48 floors (2021), with a 4.9 across 28 reviews. More recent alternative with a standout rating.
View buildingFrequently asked questions
Where is PH Alexa Bellavista located?
PH Alexa Bellavista is in Avenida Balboa, Panama City. The map at the top of this page shows its location.
Are there apartments for sale at PH Alexa Bellavista?
Ask the PanamaProp team about units for sale: we review the units at PH Alexa Bellavista based on your bedrooms and budget.
Are rentals available at PH Alexa Bellavista?
Ask the PanamaProp team about rentals: we check what is coming up at PH Alexa Bellavista based on your bedrooms, budget and move-in date.
When was the building constructed?
PH Alexa Bellavista was built in 2016. This usually affects HOA fees and renovation needs.
How many floors does PH Alexa Bellavista have?
PH Alexa Bellavista has 16 floors. Height affects views, wind exposure and elevator wait times.
How many units does PH Alexa Bellavista have?
PH Alexa Bellavista has 104 total units. Density impacts privacy, noise, and social dynamics in the building.
How do I ask about availability at PH Alexa Bellavista?
Use the "Ask our team about availability" button: it opens Alma with PH Alexa Bellavista 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 PH Alexa Bellavista?
The Santo Tomás Metro station is a 2-minute walk from PH Alexa Bellavista.
Which schools are near PH Alexa Bellavista?
Within walking distance of PH Alexa Bellavista: Escuela Latinoamericana (3 min), Colegio Bilingüe Las Naciones (3 min) and Escuela Americana | Santo Tomás (3 min).
New to Panama? Get the complete guide
Property types, the 9 premium areas, financing, Law 81, taxes and legal due diligence, in a free guide.
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