Mixed-use urban format
Mencionado positivamenteReviews highlight the presence of ground-floor retail (including services such as a hair salon). The double access to the building is cited as an operational convenience.
PH Royal Park
Also known as Royal Park · C. 85 B Este
Calidonia202110 floors4.3 · 3 reviews
Updated Nov 1, 2026View on the map
What are you looking for at PH Royal Park?
Rentarea $550/moBuyarea $2,308/m²Sellwhat yours is worthFree. Opens Alma with this building already selected.
- 2021
- year built
- 10
- floors
- 50
- units
- $550
- rent/month, area
- $2,308
- per m², area
- 4.3
- 3 Google reviews
- Pool
- Gym
- 24/7 security
- Kids' play area
- BBQ area
- Lobby
- Backup generator
- Water tank
- Elevators
Building data and Google reviews; asking prices on listing portals for Calidonia, as of Nov 1, 2026. Sources and method
About PH Royal Park
A residential PH delivered in 2021 with 10 floors, two entrances, and ground-floor retail — an uncommon mixed-use format in Calidonia.
PH Royal Park is a 10-story, 50-unit residential building delivered in 2021 in Calidonia. The scale is smaller than the tall towers of the corregimiento, which translates into a compact building profile with relatively low density — an attribute that suits buyers who prefer tighter communities over massive towers.
The building has two entrances and ground-floor retail, a feature that connects it to the mixed-use urban grid typical of Calidonia (the Avenida Central corridor, facing Casco Antiguo in early gentrification). The amenity package includes pool, gym, social hall, BBQ area, children's play area, backup generator, water cistern, lobby, and 24/7 security. The 4.3 out of 5 rating on Google Maps reflects a positive initial reception, although the verified review base is still small (3 at the time of inquiry), which is expected for a building only a few years old.
Availability at PH Royal Park
Rent
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Sale
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Market data
Few comparables available for this building. As a reference, live data for the Calidonia zone:
$189K
Median sale (zone)
33 comparables
$2,308/m²
Median $/m² (zone)
typical range $1,846/m²–$2,433/m²
$550/mo
Median rent (zone)
29 comparables
33
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
75 places within a 10-minute walk.
PH Royal Park ranks 2nd of 9 buildings in Calidonia for park access: Blue services gardens is a 3-minute walk, against a zone median of 3 minutes. For gym, Gimnasio Gringo de la Guardia is a 9-minute walk from PH Royal Park, with 0 within 500 meters. The nearest school to PH Royal Park, Eclectic Learning Center, is a 3-minute walk, above the Calidonia median of 2 minutes. The nearest mall to PH Royal Park, Sefer Panamá y asociados S, A, is a 3-minute walk, above the Calidonia median of 2 minutes.
- Nearby gymsGimnasio Gringo de la Guardia9 min walk
- EducationEclectic Learning Center3 min walk
- HealthcareTotal Medic Care7 min walk
- ShoppingMini super Jin2 min walk
- ParksBlue services gardens3 min walk
- RestaurantsFonda Nadia1 min walk
- Specialty cafesLey4 min walk
- CoworkingINCUNOVA9 min walk
See the 3 closest places in each category
Nearby gyms
- Gimnasio Gringo de la Guardia4.4 (103)9 min677m
- ACTIVO GYM5.0 (3)9 min718m
- Medra Panama4.8 (18)11 min815m
Education
- Eclectic Learning Center3 min169m
- Génesis Smile College4.8 (17)4 min280m
- Phipps Academy6 min461m
Healthcare
- Total Medic Care5.0 (2)7 min534m
- Clínica Especializada5.0 (4)10 min759m
- Centro de Salud Río Abajo3.0 (2)10 min764m
Shopping
- Mini super Jin4.1 (14)2 min132m
- Mini super Xing Xing4.3 (3)3 min166m
- Sefer Panamá y asociados S, A4.3 (12)3 min183m
Parks
- Blue services gardens5.0 (14)3 min170m
- Parque de Bolsillo Parque Lefevre7 min508m
- Avenida 9na8 min608m
Restaurants
- Fonda Nadia4.5 (113)1 min79m
- Sushi Ebi 5075.0 (1)2 min107m
- Gorditos Panama5.0 (8)2 min114m
Specialty cafes
- Ley4.5 (2)4 min288m
- Dulces Tentaciones Panama4.7 (28)7 min484m
- CASA PINEDO – Panadería & Cafetería5.0 (1)7 min534m
Coworking
- INCUNOVA9 min709m
- Oficinas 564.2 (12)13 min961m
- Flexo Coworking Panama5.0 (29)20 min1.5 km
Living at PH Royal Park
Resident profile
Is PH Royal Park right for you?
Recommended for
- Buyers who prefer compact buildings (10 floors / 50 units) over tall towers with heavy turnover.
- Profiles who value a mixed-use format — ground-floor retail steps from the lobby.
- Investors looking for recent construction (2021) in Calidonia with a complete amenities package.
Keep in mind if
- Buyers who require broad coverage of verified reviews — the base is still small given the building's age.
- Profiles who seek tall towers with extended panoramic views — the building's height is moderate.
Review summary
What residents and visitors highlight
Analysis of 3 verified Google Maps reviews.
Compact scale
Mencionado positivamente10 floors and 50 units — a smaller scale than the corregimiento's tall towers. A good fit for buyers who prefer tighter communities.
Recent construction
Mencionado positivamenteBuilding delivered in 2021. New infrastructure with low accumulated wear.
Google Reviews
4.3(3)
Briceida Rodríguez
Esté Edificio queda al lado de la Torre donde yo resido. Y me encanta porque tiene dos entradas y en la parte de atrás tiene locales comerciales hasta salón de belleza.
Jose Ignacio Vargas
Vivo y trabajo allí
Luis Diego Quirós
PanamaProp analysis
Investment thesis
Read the full analysis (in Spanish)
Análisis de inversión
PH Royal Park opera dentro del segmento entry-level a mid-low de Calidonia, con rango de precio entre USD 120,000 y USD 350,000. Sobre estos tickets, el rango de rendimiento bruto observado en arrendamiento residencial en Calidonia se ubica entre 0.6% y 0.8% mensual sobre el precio de compra, equivalente a 7.2% a 9.6% anual antes de gastos comunes, impuesto de inmueble y vacancia.
Frente a una tasa de bono soberano panameño en el rango de 3% a 4% anual, el activo puede ofrecer prima de rendimiento de 300 a 500 puntos básicos sobre el ticket de entrada, con la ventaja adicional de exposición a apreciación urbana ligada a la dinámica de transformación del frente costero y del Casco Antiguo adyacente.
La calificación de 4.3 sobre 5 con 3 reseñas verificadas refleja recepción positiva, aunque la base estadística es mínima. El edificio fue entregado en 2021, lo que ubica el horizonte previsible de capex extraordinario más allá de los próximos siete años. La escala compacta de 10 pisos y 50 unidades se traduce en perfil de comunidad cerrada con baja densidad relativa, atributo diferenciador en un corregimiento de torres altas.
Ideal resident profile
Read the full analysis (in Spanish)
Perfil de residente
La escala compacta (10 pisos, 50 unidades) calza con compradores que prefieren comunidades cerradas sobre torres masivas, atributo poco común en el segmento entry-level del corregimiento. El perfil de residente acomoda a profesionales jóvenes, primer comprador, familias locales en formación de patrimonio, e inversionistas que arriendan a perfiles vinculados al centro de la ciudad o al Casco Antiguo en proceso de gentrificación.
La configuración con dos entradas y locales comerciales en planta baja conecta al edificio con la trama urbana de uso mixto típica de Calidonia (corredor de Av. Central, frente al Casco Antiguo). Esto calza con residentes que valoran caminabilidad, servicios diarios a paso peatonal y vida de barrio activa.
El programa de amenidades (piscina, gimnasio, salón de eventos, área de BBQ, juegos para niños, planta eléctrica, cisterna, lobby y seguridad 24/7) cubre necesidades básicas premium sin elevar cuotas a niveles de torre de lujo. No calza con compradores que buscan exclusividad de enclave premium, ni con perfiles que priorizan vista panorámica al mar permanente, ni con familias numerosas que requieren tres habitaciones amplias.
Compared with similar buildings
Read the full analysis (in Spanish)
Comparación con la zona
Dentro de Calidonia, PH Royal Park se diferencia por su escala compacta. La mayoría del inventario nuevo del corregimiento se concentra en torres altas de 20 a 30 pisos, por lo que un edificio de 10 pisos con 50 unidades representa formato urbano poco común y baja densidad relativa frente al promedio del segmento.
Frente a corregimientos adyacentes como Santa Ana y El Chorrillo, Calidonia conserva mayor consolidación urbana y mejor acceso a transporte público formal. Frente a Bella Vista interior o San Francisco, Calidonia ofrece ticket de entrada significativamente menor a cambio de menor presencia de servicios premium y menor concentración de inventario residencial nuevo.
La configuración con dos entradas y locales comerciales en planta baja diferencia al edificio de torres residenciales puras del corregimiento. La calificación de 4.3 sobre 5 (sobre base de 3 reseñas) refleja recepción positiva inicial, pero la base estadística limitada exige diligencia adicional. La entrega reciente en 2021 lo posiciona ventajosamente frente a inventario de mayor antigüedad en el mismo rango de precio.
Risks to consider
Read the full analysis (in Spanish)
Riesgos a considerar
La inversión inmobiliaria es estructuralmente ilíquida. Salir de una unidad en Calidonia puede requerir entre tres y nueve meses según ticket, condición de la unidad y ciclo de mercado, contraste relevante frente a bonos soberanos panameños que ofrecen mayor liquidez aunque con rendimiento inferior.
Calidonia conserva mezcla socioeconómica histórica, lo que implica heterogeneidad en la condición del entorno calle a calle. La selección de la cuadra específica es crítica para protección de valor y comodidad del residente o inquilino. El comprador debe recorrer el entorno en distintos horarios antes de cerrar.
La base de 3 reseñas verificadas es estadísticamente mínima: la satisfacción residente concreta debe complementarse con visita física y conversación con residentes actuales. Adicionalmente, el corregimiento está expuesto a la dinámica de gentrificación del Casco Antiguo, proceso que puede beneficiar al activo en el mediano plazo pero también puede generar volatilidad en el corto plazo. La presencia de locales comerciales en planta baja introduce convivencia con flujo comercial, factor a validar en términos de reglamento de copropiedad y horarios.
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Monthly cash flow, 5-year ROI, break-even and payback, in 2 minutes.
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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
PH Royal Park competes with other recent options in Calidonia. These are the closest references in age and segment.
Alternativa
PH Florencia
Calidonia, delivered in 2023 (19 floors, 65 units). Even more recent construction with greater height.
View buildingAlternativa
PH Alegria
Calidonia, delivered in 2020 (15 floors, 77 units). Similar age and an equivalent amenities package.
View buildingAlternativa
PH Park Place
Calidonia, 8 floors, 53 units. Similar compact scale — a good reference for the corregimiento's low-density profile.
View buildingFrequently asked questions
Where is PH Royal Park located?
PH Royal Park is in Calidonia, Panama City. The map at the top of this page shows its location.
Are there apartments for sale at PH Royal Park?
Ask the PanamaProp team about units for sale: we review the units at PH Royal Park based on your bedrooms and budget.
Are rentals available at PH Royal Park?
Ask the PanamaProp team about rentals: we check what is coming up at PH Royal Park based on your bedrooms, budget and move-in date.
When was the building constructed?
PH Royal Park was built in 2021. This usually affects HOA fees and renovation needs.
How many floors does PH Royal Park have?
PH Royal Park has 10 floors. Height affects views, wind exposure and elevator wait times.
How many units does PH Royal Park have?
PH Royal Park has 50 total units. Density impacts privacy, noise, and social dynamics in the building.
How do I ask about availability at PH Royal Park?
Use the "Ask our team about availability" button: it opens Alma with PH Royal Park 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 Royal Park?
From PH Royal Park, public transport is by bus or car: the nearest Panama Metro station is beyond walking distance.
Which schools are near PH Royal Park?
Within walking distance of PH Royal Park: Eclectic Learning Center (3 min) and Phipps Academy (6 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