About the project
Lagoon Residences is a sub-division within the Bayside community by Grupo Los Pueblos, located along the Pacific coast near Veracruz, approximately 30 minutes from central Panama City.
The key difference from the developer's urban apartment projects: every unit here includes the land and is delivered fully fitted and furnished.
Three product lines
Lagoon Apartments. Boutique apartments, arranged as 8 units per plot.
Lagoon Chalet 4. House-style products with large outdoor spaces, for those preferring a private home over an apartment.
Lagoon Chalet 6. A larger version of the chalet line, described by the developer as a flexible option for both long-term living and holiday rentals.
Specific floor areas for each line have not yet been released by the developer in current documentation.
GLP Income Collection Programme
Lagoon Residences is part of the projects eligible for the Grupo Los Pueblos Income Collection programme. According to the developer's documentation, the programme includes: a guaranteed minimum rental return of 3% per year on the purchase price, paid quarterly for the first 3 years; revenue exceeding the guaranteed amount is shared 70% to the owner and 30% to the operator; delivery is fully fitted and furnished with furniture and equipment registered to the unit owner; and the GLP Preferred Exit resale programme applies from the 5th year, with independent valuation and priority for QIV investor channels.
These are terms published by the developer. Prosperous Living Investment recommends requesting a written copy of the programme contract before signing.
Location and emerging infrastructure
Bayside is located west of the canal, near the beach and the Veracruz restaurant cluster. The developer cites four infrastructure projects improving regional connectivity to the capital: the fourth bridge over the canal, the Pan-American Highway, Metro Line 3 expected to be operational in 2028, and new coastal roads along with the Arraiján–Chorrera highway. The area is also near the Colón Free Trade Zone.
The developer describes Bayside as a gated community with expatriate residents, featuring resort-style amenities including artificial lakes, tropical landscaping, a clubhouse, a café, and a pizzeria with delivery service.
Grupo Los Pueblos — developer
Grupo Los Pueblos has been operating since 1985, having delivered over 26,000 units and developed 6.2 million m² in Panama, following a model of self-design, self-construction, self-ownership, and self-management. Its in-house property management division has operated since 2010 and currently manages over 300 rental units in Panama.
Industry recognition: Top 10 Latin American developers — Premios LADI 2025 awards, FIABCI and ACOBIR Master Real Estate awards.
Panama Qualified Investor Visa programme
Panama grants permanent residency to investors who purchase titled property in the country, with a minimum threshold of US$300,000. Permanent residency is granted from day one, with processing taking approximately 30 to 45 days, and no physical presence is required for the application. The application includes a spouse, children, and dependent parents. Maintaining residency only requires entering the country once every two years, and investors are eligible to apply for citizenship after 5 years of permanent residency. The asset must be held for at least 5 years.
Panama uses the US dollar, applies a territorial tax system so income generated outside the country is not taxed, and has over 70 international banks in operation.
The sale price for each unit has not been announced by the developer. Confirmation from Grupo Los Pueblos is required before verifying whether a specific unit meets the US$300,000 threshold.
Ownership conditions and notes
Foreigners are permitted to hold property in their own name in Panama with rights equivalent to those of citizens, with assets registered at the Panama Public Registry.
Prosperous Living Investment recommends that investors request an official price list, payment schedule, and a written description of the handover standards before paying a deposit.
Project gallery
Price list
| Unit Type | Floor Area | From |
|---|---|---|
| Lagoon Apartments — boutique apartments, 8 units per plot | Pending developer announcement | Contact |
| Lagoon Chalet 4 | Pending developer announcement | Contact |
| Lagoon Chalet 6 | Pending developer announcement | Contact |
Key amenities
- Artificial lakes and tropical landscaping
- Clubhouse
- Café
- Pizzeria with delivery service
- Resort-style amenities within a gated community
- Product includes land, delivered fully fitted and furnished
Fittings included
- Delivered fully fitted with furniture and equipment (FF&E), registered to the unit owner as per the developer's announcement. The product includes the land.
Nearby amenities
- Central Panama City: approximately 30 minutes away
- Veracruz beach and restaurant cluster: near the project
- Metro Line 3: expected to be operational in 2028
- Fourth bridge over the Panama Canal: under construction
- Arraiján-Chorrera highway and new coastal roads
- Colón Free Trade Zone: in the region
Site plan
Panama Viejo Residences
Costa del Este, Panama City
Ipanema Residences
Costa del Este, Panama City
VENTU Homtel
Balboa, Panama City
Contact us
- You receive personalised advice free of charge during your initial consultation.
- All your information is confidential in accordance with our published privacy policy.