$600,000

Elegant Three Level Residence In Obarrio, Panama City

  • 3 Beds
  • 4 Baths
  • 1,651 Sqft
  • 3,804 Sqft lot
  • Updated: Yesterday
  • 1

About the Property

Located in the established residential neighborhood of Obarrio, one of Panama City’s most recognized and convenient areas, this three-level residence offers a generous 153 m² layout designed around comfort, functionality, and well-defined living spaces.

The property provides an appealing alternative for those looking for a private residence within the city, with the convenience of having
Located in the established residential neighborhood of Obarrio, one of Panama City’s most recognized and convenient areas, this three-level residence offers a generous 153 m² layout designed around comfort, functionality, and well-defined living spaces.

The property provides an appealing alternative for those looking for a private residence within the city, with the convenience of having shopping, dining, schools, parks, entertainment, and business districts within easy reach. Its three-level configuration creates a natural separation between social areas, private bedrooms, and practical service spaces, making the home suitable for both everyday family life and entertaining.

Upon entering the residence, the ground floor welcomes you with a covered parking area and a practical entrance area leading to the different levels of the home. This floor includes a private den that can be adapted according to the needs of its residents, whether as a home office, family room, study, or additional entertainment space.

The ground floor also features a dedicated laundry area, storage spaces, a maid’s room with its own bathroom, and a covered drying area. The additional storage areas provide useful space for keeping household items organized without interfering with the main living areas.

Moving to the first floor, the residence opens into one of its most distinctive architectural features: a double-height entrance hall with a skylight and water fountain. The combination of height and natural light creates a memorable first impression while establishing a visual connection between the different levels of the home.

From the entrance hall, the main social areas unfold into a spacious living room and dining area, creating an environment suitable for both relaxed daily living and hosting guests. A guest powder room is conveniently located on this level, together with the kitchen and access to the staircase leading to the private bedroom floor.

The second floor is dedicated primarily to the bedrooms. The residence offers three bedrooms, each with its own bathroom, providing privacy and convenience for residents and guests alike.

The primary bedroom features a walk-in closet and additional access to an attic located above the residence. Currently used as a storage area, this attic provides valuable additional space that can be organized according to the owner’s requirements.

The two secondary bedrooms feature linear built-in wardrobes and private bathrooms, allowing each room to function as an independent private suite.

The three-level layout is one of the defining characteristics of the property. Rather than concentrating every function on a single floor, the residence separates the social, private, and service areas across different levels, creating a sense of organization and privacy within the home.

The property is located in Obarrio, a well-established residential and urban district in Panama City. Its central position provides convenient access to major roads and some of the city’s most important commercial and lifestyle destinations.

Residents can enjoy proximity to leading shopping centers, restaurants, cafés, supermarkets, schools, parks, and other everyday conveniences. The neighborhood also offers access to Panama City’s main business areas, making the location practical for professionals who want to remain close to the city’s commercial core while maintaining a residential atmosphere.

Obarrio’s central location makes it particularly attractive for buyers who value accessibility without giving up the character of an established residential neighborhood. The area offers a balance between urban convenience and a quieter residential setting, with many essential services available within a short distance.

With its three bedrooms, four private bathrooms, double-height entrance, den, covered parking, service quarters, multiple storage areas, and attic, this residence offers a versatile configuration for a family seeking space and functionality in Panama City.

The property can also appeal to international buyers looking for a residence in Panama, offering the practicality of a centrally located home with access to the city’s shopping, dining, business, and entertainment districts.

More than simply a city residence, this home provides a well-distributed living environment where each level serves a distinct purpose. The result is a property that offers privacy in the bedroom areas, generous social spaces, and practical support areas, all within a well-established part of Panama City.

For buyers considering Obarrio as a place to live, this residence offers the opportunity to experience one of Panama City’s most connected neighborhoods from a private, three-level home with a functional layout and generous range of spaces.

A residence to experience in person and explore at your own pace.
  • Property type

    House

  • Floors

    3

  • Year built

    1992

  • Price/sqft

    $363

Features

  • Walk In Closet
  • Gated Community
  • Game Room
  • Duplex
  • Mansion
  • Renovated
  • Gate
  • Washer Dryer
  • Bar
Features

Lot

  • Gated Community
  • Privacy
  • Duplex
  • Mansion
  • Renovated

Indoor

  • High Ceiling
  • Air Conditioning
  • Washer Dryer
  • Bar
  • Laundry Room
  • Game Room
  • Walk In Closet

Outdoor

  • Parking
  • Gate

Explore the Area

Obarrio, Panamá, Provincia de Panamá, Panama City, Panama View on Google Maps
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Veral Real Estate
Panama
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Veral Real Estate Veral Real Estate background
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2024
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Veral Real Estate
Veral Real Estate
NA, Panama City, Panama
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With over 30 years of experience in Latin American markets. Here you will find the best of Panama. Discover an exc
With over 30 years of experience in Latin American markets. Here you will find the best of Panama. Discover an exclusive selection of exquisite properties in Panama’s most coveted locations: Ocean Reef, Costa del Este, Punta Pacífica, Santa María, Buenaventura, and beyond. Experience the pinnacle of luxury living in these highly sought-after areas. Licence number: PJ 101014 
Last updated
Yesterday
First listed
Sep 7
Agent licence
#PJ-1010-14
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