Marina Terrace

Marina Terrace: duplex apartments on Avenida Balboa

Marina Terrace is a residential building developed by Habitats in Bella Vista, Panama City, on Avenida Balboa near Calle 42. The developer lists it as completed in 2006. Apartments in the building are sold on the resale market, and current listings show a typology of large duplex units rather than small apartments.

The apartments

Listings in the building describe duplex apartments of about 221 m² and duplex penthouses of about 276 m². The unit described on this page is the entry option:

• 3 bedrooms and 3.5 bathrooms
• 221 m² of construction, on two levels
• 2 parking spaces
• For sale from $350,000
• Building completed in 2006

The starting price belongs to a unit that its seller says requires remodelling and is open to offers; another 221 m² duplex in the building is listed at $495,000. The gap reflects condition and finishes, so buyers should budget for renovation when considering the lower-priced unit.

Building

This listing records a swimming pool, a gym, a barbecue area, 24-hour security and camera surveillance as building amenities. Habitats does not publish a specification sheet for this completed project, so the current state of the common areas and the maintenance fee should be confirmed with the building's administration.

Location

Avenida Balboa runs along the Cinta Costera, Panama City's waterfront park and promenade on Panama Bay. Bella Vista is a central district with offices, banks, restaurants, hotels and shops, and good road connections to the rest of the city. Habitats' Nuovo by Armani/Casa tower stands nearby on Calle 42.

For buyers

Marina Terrace suits buyers who want a large, two-level family home in a central location and are prepared to renovate to their own taste. As with any resale purchase, the unit's condition, the asking price, the building's fees and any pending assessments should be verified with our team before making an offer.

Contact the Life n’ ROI team for available units at Marina Terrace.