Verifiable rating on a modest sample
Mencionado positivamente4.5 across 10 reviews — a solid rating, although available mentions are short without developed qualitative detail.
PH Balboa Tower
Also known as Balboa Tower · Torre Balboa, C. 45 Este
Bella Vista201714 floors4.5 · 10 reviews
Updated Nov 1, 2026View on the map
What are you looking for at PH Balboa Tower?
Rentarea $1,550/moBuyarea $2,299/m²Sellwhat yours is worthFree. Opens Alma with this building already selected.
- 2017
- year built
- 14
- floors
- 40
- units
- $1,550
- rent/month, area
- $2,299
- per m², area
- 4.5
- 10 Google reviews
- 8 min
- walk to Iglesia del Carmen
- 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 Bella Vista, as of Nov 1, 2026. Sources and method
About PH Balboa Tower
A 14-story residential building on Calle 45 Este (Torre Balboa), built in 2017 with a 4.5 rating across 10 reviews.
PH Balboa Tower (Torre Balboa) is a 14-story residential building completed in 2017 on Calle 45 Este (lat 8.976, -79.527 — sector between Bella Vista, Marbella, and the Avenida Balboa corridor). It has 40 units — boutique scale — and documented amenities: pool, gym, event hall, BBQ area, children's play area, lobby, 24-hour security, backup generator, water cistern, visitor parking, and elevators. The amenities package matches the mid-range segment expectation for the corridor.
The public listing records a 4.5 rating across 10 reviews on Google Maps with confirmed operating status. Available mentions are short ("Good", "Nice") without detailed development of the residential experience. The boutique scale of 40 units suggests a small community with lower turnover and a more stable resident profile. Buyers evaluating a unit should request from management the internal regulations, co-owner profile, and maintenance history before closing the operation.
Availability at PH Balboa 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
Few comparables available for this building. As a reference, live data for the Bella Vista zone:
$252K
Median sale (zone)
5346 comparables
$2,299/m²
Median $/m² (zone)
typical range $1,813/m²–$3,168/m²
$1,550/mo
Median rent (zone)
2689 comparables
5354
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
159 places within a 10-minute walk. The nearest metro station, Iglesia del Carmen, is 8 minutes away on foot.
Among the 34 buildings in Bella Vista, PH Balboa Tower ranks 2nd for park access: Parque Urracá is a 2-minute walk, while the zone median is 3.5 minutes. For gym, INTNT108 is a 2-minute walk from PH Balboa Tower, with 16 within 500 meters. Estación Iglesia del Carmen is the nearest Metro station to PH Balboa Tower: a 8-minute walk, against a Bella Vista median of 6 minutes. Park Plaza Mall is the nearest mall to PH Balboa Tower: a 4-minute walk, against a Bella Vista median of 2 minutes. The nearest supermarket to PH Balboa Tower, Riba Smith | Bella Vista, is a 4-minute walk, above the Bella Vista median of 2 minutes.
- Nearby gymsINTNT1082 min walk
- EducationUniversidad Santander2 min walk
- HealthcareTHE FUNCTIONAL FAMILY3 min walk
- ShoppingPark Plaza Mall4 min walk
- ParksParque Urracá2 min walk
- RestaurantsPiano Bar Panama1 min walk
- TransitEstación Iglesia del Carmen8 min walk
- Specialty cafesLuna Café5 min walk
- CoworkingTosto Coffee Cl. Uruguay5 min walk
See the 3 closest places in each category
Nearby gyms
- INTNT1085.0 (1)2 min147m
- AURA Fitness Club2 min158m
- Aly Loves Yoga5.0 (22)3 min195m
Education
- Universidad Santander4.1 (37)2 min98m
- Maruca Maris3 min220m
- Academia de Control Gubernamental5.0 (2)3 min238m
Healthcare
- THE FUNCTIONAL FAMILY5.0 (16)3 min174m
- Hospitalia, S A3.5 (6)5 min398m
- La Casa del Médico3.8 (36)6 min435m
Shopping
- Park Plaza Mall4.2 (91)4 min254m
- Riba Smith | Bella Vista4.6 (6872)4 min285m
- Plaza Bella Vista4.3 (150)4 min291m
Parks
- Parque Urracá4.5 (6904)2 min112m
- Parque de perro2 min118m
- Barras de calistenia - parque urraca5.0 (1)3 min175m
Restaurants
- Piano Bar Panama4.4 (268)1 min69m
- El Apartamento y El Sótano4.5 (679)2 min82m
- El Pinche Gallo4.4 (166)2 min102m
Transit
- Estación Iglesia del Carmen4.6 (252)8 min633m
- Santo Tomás4.4 (76)9 min654m
Specialty cafes
- Luna Café4.9 (92)5 min322m
- The Gray's Cafe4.5 (4)5 min324m
- AMARA coffee & flowers4.9 (315)6 min458m
Coworking
- Tosto Coffee Cl. Uruguay4.4 (399)5 min334m
- The Cube Coworking5.0 (191)5 min348m
- Infoconexus4.2 (177)7 min532m
Living at PH Balboa Tower
Resident profile
Is PH Balboa Tower right for you?
Recommended for
- Buyers who value boutique scale (40 units) with a complete amenity set.
- Profiles who prioritize a location between Bella Vista, Marbella, and the Avenida Balboa corridor.
Keep in mind if
- Buyers who require a wide sample of resident reviews with developed experience.
- Profiles who prefer larger-scale towers with active social life.
Review summary
What residents and visitors highlight
Analysis of 10 verified Google Maps reviews.
Boutique scale
Mencionado positivamente40 units across 14 floors — a small community with a focused residential profile. A differentiator for buyers who prefer low density.
Complete amenities
Mencionado positivamenteProgram with pool, gym, event hall, BBQ, children's play area, and 24-hour security. A consistent set within the mid-range segment.
Google Reviews
4.5(10)
Anielka Garcia
Buena
Luis Alberto Pineda Rovira
Buen
Pinjas Cohen
Martin Mamani
PanamaProp analysis
Investment thesis
Read the full analysis (in Spanish)
Análisis de inversión
PH Balboa Tower opera dentro de un rango de precios documentado entre USD 120,000 y USD 350,000, ubicándolo en el segmento medio del inventario panameño. Aplicando un rendimiento bruto típico de Ciudad de Panamá entre 0.5% y 0.8% mensual sobre el precio de adquisición, una unidad cercana al piso del rango podría generar entre USD 600 y USD 960 mensuales en alquiler bruto, mientras que una unidad cercana al techo se ubicaría entre USD 1,750 y USD 2,800 mensuales antes de gastos comunes, impuestos y vacancia. Estos retornos compiten con los bonos panameños, que actualmente rinden entre 3% y 4% anual, pero exigen administración activa y exposición al ciclo inmobiliario.
La calificación de 4.5 sobre 10 reseñas en Google Maps representa una muestra pequeña, por lo que el inversionista debe interpretar la métrica como señal preliminar y no concluyente. El año de construcción 2017 reduce el riesgo de obsolescencia estructural a corto plazo, y la escala boutique de 40 unidades suele asociarse a cuotas de mantenimiento estables. El precio por metro cuadrado final dependerá de la unidad específica y de su orientación dentro de la torre.
Ideal resident profile
Read the full analysis (in Spanish)
Perfil de residente
El programa de amenidades documentado, que incluye piscina, gimnasio, salón de eventos, área de BBQ, juegos para niños, lobby, seguridad 24 horas, planta eléctrica, cisterna y parqueadero de visitantes, configura un edificio funcional para parejas jóvenes, profesionales que trabajan en el corredor de Avenida Balboa y familias pequeñas que valoran tener servicios completos sin pagar el premium de zonas como Punta Pacífica. La escala boutique de 40 unidades reduce el tráfico interno y favorece relaciones de vecindad estables.
No calza con compradores que priorizan vista de mar abierto, ya que la ubicación sobre Calle 45 Este no garantiza orientación costera. Tampoco se adapta a familias numerosas con preferencia por casas con jardín, ni a perfiles de retiro que buscan zonas más tranquilas alejadas del eje vehicular. Quienes requieren amenidades de lujo extendido (spa, concierge, valet) deben considerar productos en tier superior.
Compared with similar buildings
Read the full analysis (in Spanish)
Posicionamiento relativo
Dentro del eje que conecta Bella Vista, Marbella y el corredor de Avenida Balboa, PH Balboa Tower se ubica en un tier de entrada al segmento medio. Su rango de precio entre USD 120,000 y USD 350,000 está por debajo del promedio de torres establecidas en Marbella y Bella Vista core, donde unidades comparables suelen superar los USD 400,000. El año 2017 le da ventaja frente a edificios de los años 90 y comienzos de los 2000 que dominan parte de la oferta circundante, ya que la planta eléctrica y cisterna documentadas reducen interrupciones de servicio.
Frente a torres premium del segmento Punta Pacífica, esta opción cede en vista, prestigio de zona y profundidad del programa de amenidades, pero ofrece un punto de entrada significativamente más bajo. Para el segmento boutique de 40 unidades, mantiene una densidad inferior a torres genéricas de más de 100 unidades, lo cual suele traducirse en cuotas de mantenimiento más predecibles.
Risks to consider
Read the full analysis (in Spanish)
Factores de riesgo
La iliquidez es el riesgo estructural permanente del activo inmobiliario panameño. El tiempo promedio de venta para unidades en este rango de precio oscila entre 4 y 12 meses, dependiendo del estado de la unidad y de la condición del mercado al momento de listar. El comprador debe asumir esta ventana antes de comprometer capital.
La muestra de reseñas (10) es estadísticamente reducida y no permite validar consistencia operativa del edificio a largo plazo. Se recomienda solicitar actas de junta de propietarios, estado de cuenta de mantenimiento y verificación de reservas técnicas antes de cerrar. El sector entre Bella Vista, Marbella y Avenida Balboa enfrenta competencia constante de nuevos proyectos, lo cual puede presionar precios de reventa hacia la baja en ciclos de sobreoferta. Adicionalmente, la dependencia del tráfico vehicular del corredor implica exposición a ruido y horas pico que deben verificarse en visita.
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 Balboa Tower?
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?
This page shows 1 sale or rental listing at PH Balboa Tower. Compare asking prices for the transaction you are considering.
Compare before you decide
How it compares
Other recommended options
PH Balboa Tower occupies the boutique segment along the Bella Vista-Marbella arterial axis. Here is how it stands relative to comparable alternatives.
Alternativa
Long Beach
A nearby Avenida Balboa tower with a 4.8 across 4 reviews. Boutique alternative on the adjacent corridor.
View buildingAlternativa
Vista Marina
An Avenida Balboa tower with a 4.5 across 2 reviews. Equivalent rating with a smaller sample.
View buildingAlternativa
Bayfront
An Avenida Balboa tower with a 4.8 across 21 reviews. Alternative with a larger verifiable history.
View buildingFrequently asked questions
Where is PH Balboa Tower located?
PH Balboa Tower is in Bella Vista, Panama City. The map at the top of this page shows its location.
Are there apartments for sale at PH Balboa Tower?
Yes. This page shows sale listings published on portals for PH Balboa Tower. Ask the PanamaProp team about availability before visiting.
Are rentals available at PH Balboa Tower?
Ask the PanamaProp team about rentals: we check what is coming up at PH Balboa Tower based on your bedrooms, budget and move-in date.
When was the building constructed?
PH Balboa Tower was built in 2017. This usually affects HOA fees and renovation needs.
How many floors does PH Balboa Tower have?
PH Balboa Tower has 14 floors. Height affects views, wind exposure and elevator wait times.
How many units does PH Balboa Tower have?
PH Balboa Tower has 40 total units. Density impacts privacy, noise, and social dynamics in the building.
How do I ask about availability at PH Balboa Tower?
Use the "Ask our team about availability" button: it opens Alma with PH Balboa 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 PH Balboa Tower?
The Iglesia del Carmen Metro station is a 8-minute walk from PH Balboa Tower.
Is there a supermarket near PH Balboa Tower?
Yes. Riba Smith | Bella Vista is a 4-minute walk from PH Balboa Tower, with 5 grocery stores within 500 meters.
Which schools are near PH Balboa Tower?
Within walking distance of PH Balboa Tower: CAIPI DE LA CONTRALORIA (4 min) and Colegio Bilingüe Las Naciones (7 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