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From

£137,048

1 bed apartment for sale
Panama City, Panama

    • 1 bed

Just added
Added on 13/11/2025

About this property

  • Availability: 1 - 3 bedrooms

  • Price: From $190,345

  • Estimated Completion: Q1 2029

  • Tenure: Freehold

  • Rental Yield: 6%

Modern Residential Apartments in in Panama's historic centre.

La Union forms a central part of the Gran Central master plan, comprising two inter-connected towers with a total of 198 residences across 10 floors. It unites contemporary architecture, efficient layouts, and a focus on long-term livability within one cohesive address.

Apartments range from 42 to 113 m2, offering one to three-bedroom floorplans thoughtfully designed to maximise space, light, and functionality. Each residence features private balconies, high ceilings, and open-plan kitchens, while select two- and three-bedroom units include optional lock-off layouts to enhance flexibility and rental potential. Private parking is available for select units.

Created for high-performing monthly-to-long-term rentals, La Union balances comfort, design, and investment appeal. Residents enjoy access to an exceptional collection of amenities, including an ocean-view rooftop with a 25 m swimming pool, lounge, bar, barbecue area, and outdoor sala, as well as a coffee bar, library, co-working spaces, reading rooms, and a fully equipped gym.

Thoughtfully integrated into Gran Central's broader vision, La Union offers a refined, connected living experience at the heart of the city's most forward-looking urban development.

About the Project:

* Located in Casco Viejo, Panama City

* 198 Residential Apartments

* 1 to 3 Bed Floorplans

* Balconies

* Hotel-style amenities

Facilities:

* Rooftop Pool

* Gym

* Sky lounge

* Solarium

* Terrace

* Rooftop Bar

* Co-working space

Payment Terms:

* $5,000 to reserve

* 10% on contract

* 10% at start of construction

* 10% 6 months later

* 70% on completion (Q1 2029)

Why Casco Viejo?

* One of the fastest-growing economies in Latin America

* Low property taxes and low transactional costs to buy

* Home to over 140 regional offices of multinational companies

* Stable economy, which increased significantly by 7.3% last year

* Picturesque peninsula overlooking the Pacific Ocean, minutes from Panama City's downtown

* The most popular and iconic tourist destination in Panama City

La Union is set within the historic Santa Ana neighbourhood, just steps from Casco Viejo, Panama City's unesco World Heritage district and cultural heart. Once the city's original downtown, Casco has evolved into one of Latin America's most distinctive urban quarters - where colonial architecture, cobblestone streets, and vibrant plazas meet a thriving scene of restaurants, galleries, cafes, and boutique hotels.

The one-hectare Gran Central site occupies a full city block bordered by Avenida Central, Calle 17, Avenida B, and Calle Colon, directly across from the bustling Mercado San Felipe de Neri. This prime location places residents at the intersection of Casco's heritage and the city's ongoing transformation - a setting that is both authentically historic and dynamically modern.

Residents enjoy the best of both worlds: The atmosphere and charm of Casco Viejo, paired with the convenience and connectivity of a central Panama City address. The Financial District, Panama Canal, and Tocumen International Airport are all within easy reach, making Gran Central a rare opportunity to live amid history while remaining connected to the capital's modern pulse

* Casco Viejo Centre: - 5 minutes walk

* Panama Canal Museum & Independence Square: 12 mins walk

* Landmark sites in Casco Viejo : 10 mins walk

* Plaza de Francia & Las Bovedas: 20 mins walk

* Cinta Costera : 10 mins walk

* Amador Causeway: 15 min drive

* Tocumen International Airport: 25 min drive

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