No individual reviews
Comentarios mixtosNo rating or reviews on Google Maps at the time of analysis.
What are you looking for at Rivage?
Rentbuilding $2,300/moBuybuilding $2,357/m²Sellwhat yours is worthFree. Opens Alma with this building already selected.
- $2,300
- rent/month, building
- $2,357
- per m², building
- 4 min
- walk to Lotería
Building data and Google reviews; asking prices on listing portals for Avenida Balboa, as of Nov 1, 2026. Sources and method
About Rivage
A residential building on the Avenida Balboa corridor without consolidated public structural data — verify with management.
Rivage is a residential building located on the Avenida Balboa corridor in Panama City. The public listing does not present documented structural data (floors, total units, year of construction, or amenities) nor individual reviews on Google Maps at the time of this analysis.
The Avenida Balboa corridor concentrates premium residential properties with ocean views and direct access to the Cinta Costera, Marbella, and the financial axis. The qualitative description rests on belonging to the corridor and not on resident mentions or verified structural data sources. Buyers should confirm floors, units, year, amenities, and internal regulations with management before evaluating any unit and request the complete operating history before advancing on any purchase decision.
Availability at Rivage
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
$424K
Average sale price
83 comparables
$2,226/mo
Average rent
35 comparables
$2,357/m²
Median $/m²
79 units
176 days
Days on market
118 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
127 places within a 10-minute walk. The nearest metro station, Lotería, is 4 minutes away on foot.
Among the 23 buildings in Avenida Balboa, Rivage ranks 2nd for school access: Escuela Panamá - Panama School is a 2-minute walk, while the zone median is 3 minutes. Among the 23 buildings in Avenida Balboa, Rivage ranks 3rd for park access: Parque 1 para hospital del niño is a 2-minute walk, while the zone median is 2 minutes. Rivage has 1 stations within 500 meters; the closest, Estación Lotería, is a 4-minute walk. Rivage has 15 clinics within 500 meters; the closest, Hospital Santo Tomás | Maternidad, is a 3-minute walk. BY PADRON is the nearest mall to Rivage: a 5-minute walk, against a Avenida Balboa median of 4 minutes.
- Nearby gymsGimnasio Beto Remon5 min walk
- EducationEscuela Panamá - Panama School2 min walk
- HealthcareHospital Santo Tomás | Maternidad3 min walk
- ShoppingMini market Emy2 min walk
- ParksParque 1 para hospital del niño2 min walk
- RestaurantsCafe Boulevard Balboa1 min walk
- TransitEstación Lotería4 min walk
- Specialty cafesHappy Camper Coffe Shop1 min walk
- CoworkingBusiness Point10 min walk
See the 3 closest places in each category
Nearby gyms
- Gimnasio Beto Remon4.2 (127)5 min344m
- Energía Gym3.8 (5)5 min373m
- Centro de Entrenamiento Atheyna Bylon4.0 (24)7 min538m
Education
- Escuela Panamá - Panama School2 min104m
- Centro Ann Sullivan Panama2 min145m
- UNIEDPA4.7 (7)4 min253m
Healthcare
- Hospital Santo Tomás | Maternidad2.3 (4)3 min206m
- Artromedic Panama3 min213m
- Hospital del Niño Doctor José Renán Esquivel4.1 (91)3 min235m
Shopping
- Mini market Emy4.6 (7)2 min134m
- One & two3 min225m
- BY PADRON5.0 (1)5 min388m
Parks
- Parque 1 para hospital del niño5.0 (2)2 min97m
- Parque de La Cinta Costera4.8 (18)2 min139m
- Gazebo Numero 24.7 (15)2 min144m
Restaurants
- Cafe Boulevard Balboa4.3 (3004)1 min52m
- La Boqueria Minimarket4.8 (16)1 min78m
- Fonda 32 La Casa del Sabor5.0 (5)3 min170m
Transit
- Estación Lotería4.5 (85)4 min253m
- Santo Tomás4.4 (76)9 min680m
Specialty cafes
- Happy Camper Coffe Shop5.0 (19)1 min62m
- Nando Barber Luxury4.5 (33)3 min168m
- Bypass Café4.6 (8)8 min631m
Coworking
- Business Point4.4 (113)10 min755m
- The Cube Coworking5.0 (191)19 min1.5 km
- Tosto Coffee Cl. Uruguay4.4 (399)20 min1.5 km
Living at Rivage
Resident profile
Is Rivage right for you?
Recommended for
- Buyers who prioritize an Avenida Balboa location over a verifiable history.
- Profiles who accept verifying structural data directly with management.
Keep in mind if
- Buyers who require complete reviews and structural data before evaluating.
Review summary
What residents and visitors highlight
Oceanfront corridor
Mencionado positivamenteBelonging to the Avenida Balboa corridor with ocean view and proximity to the financial axis. Documented premium zone profile.
PanamaProp analysis
Investment thesis
Read the full analysis (in Spanish)
Análisis de inversión
Rivage muestra un rango entre USD 1,450 y USD 3,300,003 en el corredor de Avenida Balboa. El piso inferior (USD 1,450) corresponde a precio de alquiler mensual, no de venta. El techo de USD 3.3M sugiere unidades penthouse o de gran metraje en zona premium frente al mar.
A partir de comparables del corredor Balboa, una unidad media (USD 800,000) con alquiler de mercado de USD 3,800-USD 5,200 mensuales rinde aproximadamente 0.48%-0.65% bruto mensual, equivalente a 5.7%-7.8% anual antes de gastos. Unidades de techo (USD 2M-USD 3.3M) operan con rendimientos brutos de 0.35%-0.5%, perfil típico del segmento de lujo donde el upside es plusvalía.
Frente al benchmark de bonos panameños (3%-4% anual), el spread teórico en líneas medias es de 170-380 puntos básicos antes de PEI. El corredor Avenida Balboa concentra residencial premium con vista al mar, acceso directo a la Cinta Costera y conectividad rápida al centro financiero. La ausencia de datos estructurales y de reseñas verificadas obliga a solicitar ficha técnica completa antes de cerrar tesis.
Ideal resident profile
Read the full analysis (in Spanish)
Perfil ideal del residente
Rivage calza con ejecutivos senior, expatriados con presupuesto premium, inversionistas internacionales y compradores que valoren vista al mar, caminabilidad sobre Cinta Costera y proximidad al centro financiero. El corredor Avenida Balboa es uno de los ejes residenciales premium consolidados de la ciudad.
La proximidad a la Cinta Costera permite rutina de ejercicio al aire libre, atributo distintivo del corredor. El acceso rápido a Marbella, Bella Vista, centro financiero y conectividad hacia Punta Pacífica configuran perfil funcional para compradores con presencia profesional o social en múltiples puntos del área metropolitana.
No calza con compradores que requieran amenidades documentadas y verificables previamente, dada la ausencia de ficha técnica pública. Tampoco es óptimo para quien busque ticket accesible: el corredor opera típicamente sobre USD 400,000, y el rango sugiere oferta hasta USD 3M+. La validación in situ de pisos, año, unidades, paquete de amenidades y reglas de convivencia es condición necesaria antes de avanzar a oferta firme.
Compared with similar buildings
Read the full analysis (in Spanish)
Contexto dentro del corredor Avenida Balboa
Dentro del corredor Avenida Balboa, Rivage se inscribe en el segmento residencial premium con techo de precios elevado (USD 3.3M). El corredor concentra torres con vista al mar, frente directo a Cinta Costera y proyectos consolidados de las últimas dos décadas.
Frente a torres consolidadas del segmento medio del corredor (USD 400K-USD 800K), Rivage parece operar en el tier superior según el techo de precios. Frente a desarrollos premium recientes con paquete completo de amenidades documentado, la ausencia de información estructural pública limita comparación robusta.
Las 6 listings activas que conforman la base del análisis sugieren oferta activa pero rotación moderada. La ausencia de calificación pública en Google Maps es atípica para edificio del corredor; puede deberse a baja exposición digital o a barrera de acceso limitada para reseñas. Solicitar al corredor responsable detalles de pisos, año, unidades, amenidades, PEI mensual y reglamento interno para construir comparable sólido contra alternativas del corredor.
Risks to consider
Read the full analysis (in Spanish)
Riesgos a considerar
La iliquidez en segmento premium (USD 1M+) del corredor Avenida Balboa es factor estructural: el universo de compradores con financiamiento o capacidad de pago en efectivo para tickets sobre USD 1.5M es estrecho. Plazos de venta de 12 a 36 meses son razonables como expectativa, particularmente para unidades penthouse o de gran metraje.
La ausencia de datos sobre año de construcción es factor crítico: edificios del corredor van desde construcción reciente hasta torres con más de 30 años de operación. Las consecuencias económicas (mantenimiento mayor activo vs estado óptimo de instalaciones) son significativamente diferentes según antigüedad. Solicitar inspección técnica profesional, acta de PEI vigente y registro de cuotas extraordinarias antes de cerrar.
La ausencia de reseñas públicas verificadas no permite inferir patrones de administración ni calidad de convivencia. Solicitar visita en horarios diversos, consulta directa a residentes y revisión de actas recientes de asamblea. La amplitud del rango de precios (USD 1,450-USD 3.3M) y los 6 listings activos pueden ocultar diferencias significativas de calidad entre unidades; verificar comparables específicos por línea y piso antes de oferta firme.
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 Rivage?
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.
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 118 sale or rental listings at Rivage. Compare asking prices for the transaction you are considering.
Compare before you decide
How it compares
Other recommended options
Rivage sits at the same point of the corridor as Rivage Tower. Here is how it stands relative to alternatives with verifiable data.
Complementario
Rivage Tower
Building in the same corridor without individual reviews. Equivalent alternative for buyers evaluating the sector.
View buildingAlternativa
Costanera
Avenida Balboa tower with a 4.9 across 28 reviews. Alternative with verifiable history in the corridor.
View buildingAlternativa
Waters on the Bay
Avenida Balboa tower with a 4.6 across 96 reviews. Extensive history of the oceanfront corridor.
View buildingSimilar buildings in Avenida Balboa
Frequently asked questions
How much does an apartment in Rivage cost?
According to PanamaProp's catalog, the median sale price in Rivage is $380,000 (~$2,357/m²), based on 83 listed units as of Oct 08, 2026. These are active-inventory market figures, not an appraisal; contact us for a formal valuation.
Where is Rivage located?
Rivage is in Avenida Balboa, Panama City. The map at the top of this page shows its location.
Are there apartments for sale at Rivage?
Yes. This page shows sale listings published on portals for Rivage. Ask the PanamaProp team about availability before visiting.
Are rentals available at Rivage?
Yes. The "Rent" tab shows listings published on portals, with monthly prices in USD. Ask the PanamaProp team about availability.
How do I ask about availability at Rivage?
Use the "Ask our team about availability" button: it opens Alma with Rivage 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 Rivage?
The Lotería Metro station is a 4-minute walk from Rivage.
Which schools are near Rivage?
Within walking distance of Rivage: Escuela Panamá - Panama School (2 min) and Colegio Universal Panamá (4 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 .
Verified with Google and public sourcesPublished, auditable methodology