Views toward Avenida Balboa
Mencionado positivamenteMultiple reviews highlight excellent views toward Avenida Balboa and the city as the building's main attribute.
What are you looking for at Vista Balboa?
Rentbuilding $1,500/moBuybuilding $2,128/m²Sellwhat yours is worthFree. Opens Alma with this building already selected.
- $1,500
- rent/month, building
- $2,128
- per m², building
- 4.6
- 69 Google reviews
- 3 min
- walk to Santo Tomás
- Pool
- Gym
Building data and Google reviews; asking prices on listing portals for Bella Vista, as of Nov 1, 2026. Sources and method
About Vista Balboa
A residential building on Calle 40 Este with a privileged view toward Avenida Balboa and accessible social areas.
Vista Balboa is a residential building on Calle 40 Este, inside the Bella Vista corridor, with an orientation that offers a view toward Avenida Balboa and the urban area of Panama City. Its program of social areas includes pool, gym, event hall, ample elevators, visitor parking, and wheelchair accessibility — features that reflect the standards of a well-maintained residential building inside a consolidated corridor of the city.
Bella Vista combines modernized buildings with newer towers, attracting profiles that value walkability, access to main avenues, and nearby urban services. Vista Balboa holds a 4.6 out of 5 rating on Google Maps after 69 verified reviews. Recurring mentions highlight excellent views toward Avenida Balboa, clean maintenance, a location close to main avenues, and the option to reserve the event hall for use by co-owners and their guests on private occasions.
Availability at Vista Balboa
Rent
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Sale
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Market data
$209K
Average sale price
15 comparables
$1,545/mo
Average rent
22 comparables
$2,128/m²
Median $/m²
15 units
47 days
Days on market
37 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
143 places within a 10-minute walk. The nearest metro station, Santo Tomás, is 3 minutes away on foot.
Among the 31 buildings in Bella Vista, Vista Balboa ranks 1st for Metro access: Santo Tomás is a 3-minute walk, while the zone median is 6 minutes. Among the 34 buildings in Bella Vista, Vista Balboa ranks 2nd for healthcare access: Clínica Hospital Mar del Sur is a 1-minute walk, while the zone median is 3 minutes. Vista Balboa has 10 schools within 500 meters; the closest, Colegio Bilingüe Las Naciones, is a 2-minute walk. For gym, KM Pilates Panamá is a 2-minute walk from Vista Balboa, with 12 within 500 meters. Vista Balboa has 3 parks within 500 meters; the closest, Parque de Calistenia, is a 4-minute walk.
- Nearby gymsKM Pilates Panamá2 min walk
- EducationUNAD1 min walk
- HealthcareClínica Hospital Mar del Sur1 min walk
- ShoppingPlaza Bella Metro3 min walk
- ParksParque de Calistenia4 min walk
- RestaurantsPizzería Zi María | Bella Vista1 min walk
- TransitSanto Tomás3 min walk
- Specialty cafesCafetería Luna Azul | Santo Tomás3 min walk
- CoworkingBusiness Point6 min walk
See the 3 closest places in each category
Nearby gyms
- KM Pilates Panamá5.0 (10)2 min109m
- Aabha Yoga3 min216m
- Street workout4.0 (1)4 min302m
Education
- UNAD1 min72m
- Colegio Bilingüe Las Naciones2 min101m
- Universidad del Istmo (Campus central)4.0 (106)2 min111m
Healthcare
- Clínica Hospital Mar del Sur3.5 (91)1 min24m
- Proyecto Hospital del Niño5.0 (1)3 min191m
- Consulta Externa Hospital Santo Tomás3.4 (16)3 min193m
Shopping
- Plaza Bella Metro4.8 (4)3 min165m
- Mini Super Meimei4.5 (2)3 min228m
- Supermercado Rey Bella Vista4.6 (950)3 min240m
Parks
- Parque de Calistenia4.8 (6)4 min314m
- Cinta costera4.9 (155)5 min375m
- Barras de calistenia - parque urraca5.0 (1)5 min400m
Restaurants
- Pizzería Zi María | Bella Vista4.6 (739)1 min58m
- Santé Panamá4.4 (1452)2 min88m
- Sopas PTY4.4 (51)2 min91m
Transit
- Santo Tomás4.4 (76)3 min234m
Specialty cafes
- Cafetería Luna Azul | Santo Tomás4.5 (58)3 min225m
- Bypass Café4.6 (8)5 min336m
- Panaderia y Cafeteria Mamani`s4.7 (12)7 min512m
Coworking
- Business Point4.4 (113)6 min478m
- The Cube Coworking5.0 (191)11 min871m
- Regus - Banistmo Tower4.1 (18)14 min1.1 km
Living at Vista Balboa
Resident profile
Is Vista Balboa right for you?
Recommended for
- Buyers who value an urban view toward Avenida Balboa and the city.
- Residents who prioritize accessibility (wheelchair) and reservable social areas.
- Families and professionals in a consolidated zone with a verifiable maintenance history.
Keep in mind if
- Buyers who require ample parking for frequent visitors — confirm availability.
- Profiles who prioritize a direct ocean view as the main attribute.
Review summary
What residents and visitors highlight
Analysis of 69 verified Google Maps reviews.
Social areas
Mencionado positivamentePool, gym, and event hall reservable by co-owners. Ample elevators and wheelchair accessibility.
Maintenance
Mencionado positivamenteBuilding described as very clean and well maintained. Surveillance is present, although some reviews note specific limitations in the visibility of the pedestrian entrance.
Visitor parking
Comentarios mixtosOne review mentions that there are no visitor parking spaces — a point to confirm with management before buying.
Google Reviews
4.6(69)
Patricia Hernandez
Buen lugar para vivir si te gusta estar en la ciudad, ademas que cuenta con excelente vista hacia av Balboa
Lucia Alonso
Lugar perfecto para vivir. Vistas excelentes
José Antonio Alvariño Gómez
Excepcional lugar me encantó
Movil 8689
El PH cuenta con ascensores amplios, estacionamientos para visitas, un área social con piscina, gimnasio, sala para eventos el cual puede ser reservado por los copropietario pará el desarrollo de cualquier evento social.ncuenta con estacionamientos para discapacitados y está habilidado para el uso de sillas de ruedas
PanamaProp analysis
Investment thesis
Read the full analysis (in Spanish)
Análisis de inversión
Vista Balboa es un edificio residencial sobre Calle 40 Este en Bella Vista, con orientación que ofrece vista hacia Avenida Balboa y la zona urbana de Ciudad de Panamá. El rango de precio documentado va desde $1,300 mensuales en alquiler hasta $255,000 en venta, ticket de entrada accesible dentro de un corredor históricamente premium.
Para una unidad adquirida en el rango medio-alto entre $180,000 y $255,000, el rendimiento bruto estimado puede oscilar entre 0.5% y 0.8% mensual, equivalente aproximadamente a 6% a 9.5% anual antes de mantenimiento, vacancia y administración. Frente a bonos panameños de 3% a 4% anual, la prima de riesgo se sostiene siempre que la unidad mantenga ocupación estable y capture el premium de vista hacia Avenida Balboa.
La calificación de 4.6 sobre 5 con 69 reseñas verificadas en Google Maps representa una base estadísticamente sólida — más robusta que la mayoría de edificios comparables del corredor. Esta consistencia respalda la decisión de compra y reduce incertidumbre sobre la experiencia operativa del edificio. Las amenidades documentadas (piscina, gimnasio, sala de eventos, ascensores amplios, estacionamientos para visitas, accesibilidad para sillas de ruedas) reflejan estándares de un edificio bien mantenido en un corredor con demanda sostenida.
Ideal resident profile
Read the full analysis (in Spanish)
Perfil ideal
Vista Balboa se adapta a profesionales que valoran caminabilidad urbana, parejas jóvenes o sin hijos, residentes extranjeros con presupuesto medio y compradores que priorizan ubicación premium con ticket de entrada accesible. El perfil tipo incluye trabajadores asalariados con oficinas en el corredor central, profesionales independientes y propietarios mayores que valoran accesibilidad habilitada para sillas de ruedas.
La proximidad a Avenida Balboa abre acceso directo a Cinta Costera, restaurantes, comercios y conectividad hacia Marbella y Punta Pacífica. El paquete de amenidades cubre las expectativas básicas — piscina, gimnasio, sala de eventos, parkings de visitas — sin imponer cuotas elevadas asociadas a paquetes premium completos tipo concierge o spa.
No calza bien con perfiles que demandan amenidades premium completas, familias numerosas con preferencia por torres de menor densidad social, ni con compradores que esperan exclusividad de torre boutique. Tampoco resulta óptimo para quienes priorizan tranquilidad de suburbio sin tráfico vehicular intenso, dado que Calle 40 Este forma parte del entramado urbano activo de Bella Vista.
Compared with similar buildings
Read the full analysis (in Spanish)
Comparación dentro de la zona
Dentro de Bella Vista, Vista Balboa se posiciona en la franja accesible-media del corredor residencial. El rango hasta $255,000 lo ubica por debajo del tier premium de la zona, donde tickets habituales superan los $400,000 por la combinación de vista directa al mar y baja densidad. La fortaleza competitiva es la calidad de vista hacia Avenida Balboa y el corazón urbano de la ciudad.
La base de 69 reseñas verificadas con calificación 4.6 sobre 5 lo posiciona favorablemente frente a edificios comparables del corredor que típicamente acumulan entre 10 y 30 reseñas — la mayor robustez estadística reduce la incertidumbre sobre la consistencia del rating en el tiempo.
Frente a torres premium recientes de Bella Vista con entregas posteriores a 2018, Vista Balboa ofrece ticket de entrada más bajo y compromiso operativo ya validado. La contrapartida es la ausencia de datos públicos sobre año de construcción y total de unidades, factor que obliga a verificar antigüedad durante la visita. La inclusión de accesibilidad para sillas de ruedas es un diferenciador concreto frente a edificios del corredor que no documentan esta característica.
Risks to consider
Read the full analysis (in Spanish)
Riesgos a considerar
El riesgo de iliquidez aplica al activo inmobiliario en Bella Vista: el tiempo promedio para concretar una venta puede oscilar entre cuatro y doce meses según precio, condición y ciclo de mercado. El capital invertido no es de disposición inmediata.
La ausencia de año de construcción documentado en datos públicos genera incertidumbre sobre el ciclo de mantenimiento mayor. Si la entrega es anterior al año 2000, sistemas hidráulicos, eléctricos, fachada y elevadores pueden requerir intervención presupuestada vía cuotas extraordinarias. La revisión de actas de junta directiva, reservas de mantenimiento y estado real de los sistemas mencionados en las amenidades es indispensable.
El riesgo de vista efectiva debe validarse durante la visita: el premium asociado a la orientación hacia Avenida Balboa depende de la altura específica de la unidad y de obstrucciones potenciales por edificios vecinos o futuros desarrollos. Finalmente, la dinámica de oferta nueva en Bella Vista y fluctuaciones macroeconómicas afectan velocidad de salida y rendimiento esperado.
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Your building report
Available listings, asking prices and dated market references. It is a reference, not an official appraisal.
For owners
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How it compares
Other recommended options
Vista Balboa positions itself as an established residential building with a view of Avenida Balboa in the consolidated Bella Vista corridor. Here is how it stands relative to alternatives.
Alternativa
P.H. Belleview tower calle 43 bella vista
Bella Vista tower in a nearby zone with 69 reviews and a 4.6 rating. Direct alternative with a similar history 200 m from the Cinta.
View buildingAlternativa
P. H. El Botánico
Bella Vista residential with 27 reviews and a 4.4 rating. Alternative with a stable residential profile.
View buildingAlternativa
PH Belview Towers | Torre 400 y 500
Obarrio complex with 79 reviews and a 4.6 rating. For buyers who prefer an executive zone with a robust sample.
View buildingFrequently asked questions
How much does an apartment in Vista Balboa cost?
According to PanamaProp's catalog, the median sale price in Vista Balboa is $200,000 (~$2,128/m²), based on 15 listed units as of Apr 27, 2026. These are active-inventory market figures, not an appraisal; contact us for a formal valuation.
Where is Vista Balboa located?
Vista Balboa is in Bella Vista, Panama City. The map at the top of this page shows its location.
Are there apartments for sale at Vista Balboa?
Yes. This page shows sale listings published on portals for Vista Balboa. Ask the PanamaProp team about availability before visiting.
Are rentals available at Vista Balboa?
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 Vista Balboa?
Use the "Ask our team about availability" button: it opens Alma with Vista Balboa 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 Vista Balboa?
The Santo Tomás Metro station is a 3-minute walk from Vista Balboa.
Which schools are near Vista Balboa?
Within walking distance of Vista Balboa: Colegio Bilingüe Las Naciones (2 min), Escuela Americana | Santo Tomás (4 min) and Escuela Latinoamericana (4 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