Panama Viejo Residences

About the project

Panama Viejo Residences is an apartment complex developed by Grupo Los Pueblos in Panama City, located exactly 500 metres from Costa del Este – the capital's modern banking and office district. The project consists of five low-rise buildings arranged around two communal living areas, plus a separate parking building.

All apartments here follow a standard specification: two bedrooms, two bathrooms, and a total floor area of 58 m². The project is completed and operational — the photos in this article were taken on-site and are not renders.

Panama Viejo Residences features

The apartment floor plans are divided into three pairs of models – A and H, B and G, D and E – all with a floor area of 58 m² but differing in orientation and layout. Each unit includes a living room combined with a dining area, kitchen, balcony, and private laundry area. The developer describes the room division as optimised for usable space, maintaining privacy between the communal living area and the bedroom zone.

Apartments are distributed from the 100th floor to the 400th floor. The typical floor plan shows multiple units per floor facing two directions: one with a panoramic view towards Costa del Este, and one facing the internal communal area.

Note from the developer's drawings: the bedroom wardrobes shown on the floor plans are for illustrative purposes only and are not included in the contract scope.

On-Site Amenities

The project features two communal areas. Area 1 includes a food court. Area 2 comprises a pool, children's play area, and a gazebo located next to Building 5.

The amenities list published by the developer includes: co-working space, pool, gym, event hall, BBQ area, convenience store, multi-purpose sports court, children's play area, outdoor sports zone, and 24-hour security. A security gate is located at the main entrance.

Location – 500 metres to Costa del Este

Costa del Este is a master-planned district of Panama City, home to bank headquarters, corporate offices, international schools, and shopping centres. Panama Viejo Residences is situated right on the edge of this district, allowing access to Costa del Este's infrastructure without the price point of that area.

The amenities map published by the developer shows the project is within reach of the Panamá Viejo Museum, Omar Park, the Costa del Este banking district, Multiplaza Mall, Pacífica Salud Costa del Este hospital, and the access ramp to the Corredor Sur – the expressway connecting the city centre to Tocumen International Airport. The surrounding area features supermarkets, restaurants, bars, cinemas, and parks.

Grupo Los Pueblos — developer

Grupo Los Pueblos has been operating since 1985, spanning over 40 years. The group has announced the delivery of over 26,000 units and the development of 6.2 million m² in Panama.

The key differentiator the group emphasises is its developer-owner model: they design, build, own, and manage operations in-house, without intermediaries. Their internal property management division has been active since 2010. The group's hospitality arm operates the Radisson and Margaritaville brands.

Industry recognition: Top 10 developers in Latin America — Premios LADI 2025 awards; Master Real Estate award from FIABCI and ACOBIR; member of CONVIVIENDA and CAPAC. The group is also a developer of artificial islands.

Panama Qualified Investor Visa programme

Panama grants permanent residency under the Qualified Investor Visa for investors who purchase real estate with a registered title deed in the country. The minimum investment threshold is US$300,000.

Programme features: permanent residency granted from day one; processing time of approximately 30 to 45 days; no requirement to be present in Panama during application, as legal representation can be authorised; the application includes spouse, children, and dependent parents; after obtaining residency, one entry every two years is required; paves the way for citizenship after 5 years of permanent residency; the asset must be held for at least 5 years before divestment.

Panama uses the US dollar as its official currency, applies a territorial tax system so it does not tax foreign-sourced income, and hosts branches of over 70 international banks.

Individual unit prices at Panama Viejo Residences have not yet been announced by the developer. Whether a specific unit meets the US$300,000 threshold to qualify for the Qualified Investor Visa depends on the sale price and requires confirmation from Grupo Los Pueblos before profile assessment.

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 written handover specifications from the developer before placing a deposit.

Project gallery

Price list

Key amenities

• Coworking space
• Pool
• Gym
• Event hall
• BBQ area
• Convenience store
• Multi-purpose sports court
• Children's play area
• Outdoor sports zone
• 24-hour security
• Communal area 1 with food court
• Communal area 2 (pool, playground, gazebo)
• Security gate at the main entrance

Nearby amenities

• Costa del Este: 500 m
• Panamá Viejo Museum: within reach (awaiting km confirmation)
• Omar Park: within reach (awaiting km confirmation)
• Costa del Este banking district: within reach (awaiting km confirmation)
• Multiplaza Mall: within reach (awaiting km confirmation)
• Pacífica Salud Costa del Este hospital: within reach (awaiting km confirmation)
• Access ramp to Corredor Sur for Tocumen International Airport

Site plan