Ocean View 5 Unit Apartment Building For Sale in Playa Santa Catalina Panama

Located in the center of Santa Catalina, within the future gated community of Santa Catalina Villas, this unique multi-level building project offers one of the best ocean views in the area and an exceptional opportunity for investors or developers. The property sits on a 600 m² lot with 40 meters of road frontage and is being sold as-is in its current construction phase, with the option to complete the project and significantly increase its value. Designed as a multi-unit residential or hospitality property, the building spans five levels and includes multiple apartments, making it ideal for a boutique hotel, rental property, or income-generating investment. Building Layout Basement (Sótano): Large storage area Staff/employee room with bathroom Ground Floor (Planta Baja): Two apartments One smaller apartment with living/dining area and kitchen Additional room with bathroom Laundry area First Floor: One 3-bedroom apartment Two bathrooms Private terrace Second Floor: One 3-bedroom apartment Two bathrooms Private terrace Rooftop (Azotea): One 1-bedroom apartment One bathroom Large terrace with panoramic ocean views The building also features its own independent private water well, adding value and long-term reliability. About Santa Catalina Santa Catalina is one of the most sought-after coastal destinations in Panama, known for its world-class surf, laid-back lifestyle, and stunning natural surroundings. The town sits along the Pacific Ocean and attracts surfers, divers, and travelers from around the world. Just offshore lies the renowned Coiba National Park, a UNESCO World Heritage Site famous for its incredible marine biodiversity, making it one of the best locations in Central America for diving, snorkeling, sport fishing, and whale watching. Santa Catalina offers a unique combination of natural beauty, strong tourism demand, and growing real estate interest, making it an ideal place to live, invest, or develop a hospitality project. With increasing international attention and limited inventory, property values in the area have shown steady growth over time. Santa Catalina Villas is planned as a gated community with future 24/7 security, offering a quiet and exclusive environment just minutes from beaches, surf breaks, restaurants, and essential services. Investment Opportunity Price (as-is, under construction): $350,000 USD Estimated value once completed: $550,000 USD With its central location, strong ocean views, and multi-unit design, this property presents an excellent opportunity to develop a high-demand rental or hospitality project in one of Panama’s most attractive coastal markets. Property Listings Contact: To obtain more information or arrange a property viewing, please contact: Jon Hanna • WhatsApp: +507 6672-0089 • Email: jondhanna@gmail.com