Albrook Panama City Real Estate for Sale | Find Properties

Panama City’s Albrook district is experiencing continued interest in its real estate market, offering a diverse range of properties from commercial spaces to residential homes and apartments. The area, historically linked to the Panama Canal Zone, presents a blend of modern amenities and suburban living, attracting both residents and investors.

Commercial Opportunities in Albrook Mall

A notable offering currently available is a 70 square meter commercial space within Albrook Mall, specifically in the Pasillo Delfin area. The listing, offered by Arturo Jordan Commercial Real Estate, is already permitted for cellular phone sales and is priced at $250,000. This highlights the ongoing demand for retail space within one of the largest malls in the Americas, a key feature of the Albrook community.

Residential Market: Apartments and Houses

The residential market in Albrook is equally varied. Gisela Abadia is listing an apartment within Embassy Village, described as an exclusive residential complex characterized by elegant architecture and ample green spaces. The complex benefits from strategic positioning within Albrook. Details regarding the size and specific features of the apartment are limited in the provided information, but the listing price is $300,000.

For those seeking larger properties, Century 28 Realty is offering a house with an attached apartment on a 700 square meter lot. This two-story property, featuring four bedrooms and four bathrooms, is located close to Clayton, Amador, and Ancon. The architectural style is described as “canal-style,” suggesting a potentially unique design. This property represents an investment opportunity, allowing for both living space and potential rental income.

Expanding Options: Engel & Völkers Listings

Engel & Völkers currently lists 11 houses for sale in Albrook, Panama City. Their offerings include a modern investment home in Corozal, priced at $745,000, featuring three bedrooms and approximately 725 square meters of living space. A duplex with a terrace in Ancon is available for $380,000, offering around 329 square meters of living area. Luxury properties are also available, including a 858 square meter home with seven bedrooms and seven bathrooms, listed at $1,900,000. Further properties in Ancón include a three-bedroom home with an office and terrace ($370,000, 200 square meters) and multi-use properties ideal for tourism, priced at $740,000 with either 10 bedrooms and 5 bathrooms, and approximately 698 square meters of living space.

Albrook and Clayton: A Combined Appeal

The appeal of Albrook extends beyond its commercial hub and diverse housing options. Casa Solution Real Estate highlights the area’s family-friendly environment, bolstered by the presence of parks, public pools, and convenient access to public transportation. The proximity of Clayton, a district west of Albrook, further enhances the area’s attractiveness. Clayton offers a more suburban feel with leafy green spaces and is close to international organizations, schools, and the American embassy.

The Ciudad del Saber (City of Knowledge), a hub for educational and technological institutions, is also located within Clayton, adding to the area’s intellectual and professional appeal. This combination of factors makes Albrook and Clayton desirable locations for families and individuals seeking a convenient and peaceful lifestyle.

Transportation and Connectivity

Albrook’s strategic location is further enhanced by its transportation infrastructure. The area is home to a major bus terminal and a domestic airport, providing regular flights to destinations such as Bocas del Toro, David, Changuinola, and Pedasi. This connectivity simplifies travel within Panama and contributes to the area’s overall convenience.

Investment Considerations

The current listings suggest a wide price range within the Albrook real estate market, catering to diverse budgets and investment goals. From the $250,000 commercial space to the $1,900,000 luxury home, potential buyers have a variety of options to consider. The availability of properties like the house with an attached apartment also presents opportunities for generating rental income.

The ongoing development and investment in Albrook, coupled with its strategic location and convenient amenities, position it as a promising area for real estate investment in Panama City. The presence of established real estate firms like Arturo Jordan, Gisela Abadia, Century 28 Realty, and Engel & Völkers indicates a healthy and active market.

While specific sales data and market trends are not provided in the available sources, the variety of listings and the ongoing interest in the area suggest continued growth and opportunity within the Albrook real estate sector.