In the News from Panama

Premium Panama City Penthouse Available for Sale (or Rent)

One of Panama City’s most sought after penthouses has returned to the market, offering the allure of living on top of one of the city’s most fashionable towers.

The 4,284-square-foot, three-bedroom customized apartment is on the 73rd floor of the Yoo Panama, the stylish tower on Avenida Balboa. The apartment, offered exclusively by PPR, was featured in the New York Times last year.

This penthouse, which has been rented for the past year and is now available for both sale and rent, is one of those properties that define Panama luxury. The distinctive Yoo style gives the entire building a contemporary flow, with every corner offering surprises, reflecting the tastes of Yoo co-founder Philippe Starck.

The penthouse offers vast ocean and city views from a wide deck, the realization of true outdoor-indoor living. An outdoor cooking area is designed for Panama’s sunny climate. The fresh breezes off the Pacific fill the rooms.

The interiors are designed for modern living. The floor plan is open and spacious, with an array of designer touches. The penthouse features state-of-the-art technology, including integrated lighting, sound and curtain systems. The building is designed for privacy and convenience, with valet parking, a full-service pool area, and delivery service.

The location is the perfect mix of old and new Panama. Avenida Balboa is Panama City’s traditional row of luxury towers overlooking Panama Bay. From the Yoo, it is an easy stroll in Cinta Costera, the 35-hectare strip of parks, walkways and bike paths. All the excitement and energy of Panama City is minutes away, including the restaurants and cobblestone streets of Casco Viejo, Panama City’s old town.

For investors, Avenida Balboa is prime real estate. The waterfront road—Panama City’s “main drag”–is home to many of city’s priciest properties. As Panama City has grown and changed, Avenida Balboa is always in demand, thanks to its front-line oceanfront setting. The Yoo’s location overlooking Cinta Costera guarantees that no structure ever block the spectacular views.

There is no doubt the Yoo penthouse is one of the most impressive apartments in Panama, offering a world-class lifestyle in the heart of the city.