Marea 1, Floor 9: 630 sqm Ocean-View Apartment in Costa del Este — $1,940,000

On the 9th floor of Marea 1, along Avenida Paseo del Mar in Costa del Este, a 630 sqm apartment with an ocean view from its balcony is for sale privately — the kind of unit that rarely reaches the open market in this building.

Marea is Valor Development's flagship project, the Panamanian builder founded in 2012 that today is also behind Ébano in Santa María, Tagua and Madero in Costa del Este itself, and Alamar in Buenaventura. According to Valor itself, Marea was the building that earned it recognition as a developer of iconic projects — quality, spaciousness, and exclusivity were the brand's calling card, and that same philosophy carries through its current developments.

The apartment has 4 bedrooms, 4 full bathrooms and a half bath, plus a separate service room and bathroom, a storage room, and a family room in addition to the main living room. Finishes include polished marble floors throughout, custom wood paneling in the master bedroom with built-in shelving and cabinetry, a kitchen with a granite countertop, center island, and built-in appliances, and floor-to-ceiling windows opening onto a balcony with a direct view of the sea and Costa del Este’s mangroves.

Beyond the main living areas, the unit has an independent den that works as an office or home office, its own laundry room, and several walk-in closets — a layout built for a family that entertains, works from home, and needs real storage space, not just square footage on paper. All four bedrooms are en-suite, and the family room offers a second, more intimate lounge separate from the main living room where guests are received.

It comes with 4 parking spaces on level E2 and maintenance of approximately $1,375 a month — a fee that reflects the amenities of an established building, with a pool and top-tier security. Delivery is immediate: there's no construction timeline to wait out, unlike the pre-sale towers Valor currently has on the market.

Costa del Este is one of Panama City's most established residential corridors, with corporate offices, international schools, shopping centers, and direct access to the Cinta Costera and the financial corridor — without the noise or density of downtown. It's a favorite among both Panamanian families and relocated foreign executives, which sustains consistent rental and resale demand for units in this category.

At $1,940,000, this unit comfortably clears Panama's Qualified Investor Visa threshold: permanent residency for anyone investing a minimum of $300,000 in real estate, with funds from abroad deposited in a trust managed by a licensed Panamanian fiduciary. It's the fastest immigration category in the country, with processing taking 30 to 60 days.

That the ocean view opens up from just the 9th floor says a lot about where Marea 1 sits on the coastline: built right along the mangrove and shoreline of Costa del Este, it doesn’t take a very high floor for the water horizon to be completely unobstructed, as seen from this unit’s own balcony. That’s an advantage not every building in the area can offer, and one that’s usually reserved for the highest floors in developments set further back from the coast. For a buyer comparing floor plans on paper, that difference rarely shows up in a brochure — it only becomes obvious once you’re standing on the balcony.

As this is a private sale, we recommend any interested buyer request current availability directly from us before scheduling a visit — units like this one don't stay on the market for long, especially at a price point and a floor that already clear both the investor-visa threshold and the mangrove treeline alike.