Panama City - Beach Property For Sale #7379716

Oceanfront Penthouse for Sale at Rivage Avenida Balboa

Luxury High-Rise Living with Panoramic Pacific Ocean Views

Avenida Balboa o Direct Ocean Views o Prime City Lifestyle

Located along Panama City's most iconic waterfront boulevard, this two-level penthouse at Rivage offers an elevated urban living experience with uninterrupted Pacific Ocean views. Designed for buyers seeking space, privacy, and prestige within a luxury high-rise setting, this residence combines expansive interiors with breathtaking sea-facing balconies in one of the city's most desirable coastal addresses.

Rivage is recognized as one of Avenida Balboa's premier residential towers, appealing to international buyers, U.S. retirees, lifestyle-driven owners, and crypto investors looking for secure, high-value real estate with strong long-term demand. The penthouse configuration provides a rare sense of scale and separation of living spaces within a vertical luxury environment.

Property Overview

Penthouse on two levels
Includes approximately 50 m2 of additional, non-titled space

Upper Level

Open-concept kitchen
Living and dining areas
Balcony with direct ocean views
Laundry area
Full bathroom
Service room and service bathroom

Lower Level

Family lounge area
Primary bedroom with private ocean-view balcony
Walk-in closet and en-suite bathroom
Two secondary bedrooms sharing an ocean-view balcony
One full shared bathroom

Includes 3 private parking spaces
Monthly HOA: USD 521
Bose sound system
Includes appliances and air-conditioning units

Lifestyle & Functional Potential

Ideal for luxury city living with a strong beachfront feel
Excellent for full-time residence or high-end second home
Two-level layout offering privacy and functional separation
Expansive balconies with panoramic ocean views
Perfect for entertaining, remote work, and long-term living
Prime location with immediate access to Cinta Costera, dining, and city amenities

Investment Highlights

Avenida Balboa remains one of Panama City's most resilient and sought-after residential corridors, supported by oceanfront positioning, infrastructure, and sustained international demand. Penthouse units with multiple levels, ocean-facing balconies, and additional usable space are increasingly rare within this market.

This property represents more than a penthouse--it is a lifestyle-driven urban asset offering oceanfront views, vertical luxury, and long-term value preservation in one of Panama City's most iconic coastal locations.