Discover the allure of Panama—a country of breathtaking landscapes, rich culture, and a booming economy—now a prime destination for expats eager to dive into the real estate market. In this engaging two-part blog series, we delve into some of the most promising real estate gems, with a special focus on Airbnb opportunities in Panama that promise lucrative short-term rental income in the city.
Generation Tower: A Modern Living Experience in Costa del Este
Generation Tower, developed by Empresas Bern, is a new project offering "Condo Suites" units with commercial permits, allowing owners to rent them out for both short and long-term stays. Your key market? Professionals who come to Costa del Este for work! This project offers incredible social areas, ranging from an infinity pool with cabanas, to an outdoor theater, co-working spaces, jogging track, spa, rooftop bar and more!
Bern specializes in management services for hotels and resorts, ensuring great operations for over 35 years at some of Panama's most famous hotels, such as the InterContinental Miramar, Crowne Plaza Panamá, Le Méridien, Gamboa Resort and The Westin Panama and Playa Bonita. Investors in Generation Tower will be able to benefit from their exclusive on-site rental management services, ensuring that they have to do as little as possible to reap the rewards of their assets. Take a look at the model apartment in this video!
Project Highlights:
Size: 53 to 65 m2 (570 ft to 700 ft2)
Bedrooms: 1 Bedroom
Prices: Starting at $223,295
Delivery: Late 2026
Developer Financing: Up to 60%
Bonus: Fully furnished!
Generation Tower - Bedroom
Uptown: A Hub of Culture and Innovation in Calle Uruguay
Uptown stands out as a real estate development that embraces innovation, culture, and urban integration. It offers a unique living experience with a blend of shopping, dining, entertainment, and residential spaces. The Condo-Suites at Uptown are Smart residential units, fully-furnished by Roche Bobois, with commercial permits for short and long-term rentals on platforms like Airbnb. Just a couple of streets down from Avenida Balboa and on Calle Uruguay, one of Panama's best night-life spots, Uptown is perfect if you want to appeal to tourists that want to be in the middle of the busy capital!
Project Highlights:
Size: 71 - 135 m2
Bedrooms: 1 to 2 bedrooms
Prices: Starting from $291,000
Bonus: Fully furnished by Roche Bobois, plus access to Bern's property management services!
Uptown - Bedroom
Dovle: Maximizing Space and Value
Dovle is a residential project in Cincuentenario, San Francisco, focusing on providing value in both the apartments and common areas. The building features unique amenities such as a Pet Hotel, Digital Conference Room, and Panoramic Pool.
With 19 floors in total, Dovle offers double height loft apartments. The first four floors are hotel licensed and Airbnb ready, with two units available at $200,000 each. This project is an excellent opportunity for investors looking to maximize their investment in Airbnb opportunities in Panama, in a growing neighborhood.
Project Highlights:
Size: 45 to 85 m2
Bedrooms: 1 - 2 bedrooms / 2 Bathrooms
Prices: Airbnb ready units starting at $200,000, non Airbnb units start at $180,000
Bonus: Inspired by Jürgen Klaric, a revolutionary neuromarketer. This means every detail was specially designed to boost the experience. Plus, you can control everything remotely through an app!
DOVLE - Loft
It's crucial to note that not every building in Panama City is eligible for short-term rentals. Governed by Law 80 (enacted on November 8, 2012), Article 21 explicitly states that properties cannot be rented out for 45 days or less without a "public tourist accommodation" permit. Fear not, as the developers of the highlighted projects have committed to securing this permit, ensuring that investors can reap the benefits of short-term rentals.
If you want any more information on these projects, contact us!
In the next post, we'll dive in and explore the potential that awaits in Casco Viejo, so stay tuned.
