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Jose Broce of Broce-Pinilla & Asociados – Best Places In The World To Retire User Account
A condominium in Marbella, Panama costs between US $250,000 and $750,000.
 
For $250,000, you can get a 1,615 square feet unit (150 square meters) with two bedrooms, three bathrooms, located between the 20th to the 30th floor, with a nice social area and in a good location. Getting this competitive a price may be rare but it is something that you have to put a little bit of effort on. You can still get a condominium unit at this amount if you take time to look around.
 
I bought an apartment for my mother forabout $270,000. The apartment is about four to five minutes away from my building. Her building is not as high-end as some of the other buildings in Marbella but it has everything that she needs and wants. It has a great social area, a swimming pool, spa, a gym and it is just right in front of the biggest mall in the Marbella area, which is the Multiplaza Pacific Mall.
 
For $500,000, you can get a 2,153 to 2,583 square feet unit (200 to 240 square meters) in Marbella. That will be a unit in a high-end building, with better amenities and in a better location. It might be a small unit for its price but it is so because the building is new and has better amenities. An example is the newly built apartment beside the building where I live. Apartment units there are about 30% more expensive than my apartment even though they have smaller units. Since it is a new building, the developers spent more on amenities and on the social areas (gyms, tennis courts, pool, salon, spa, etc). So the people who bought units in that building tend to spend more time in the social areas instead of inside their own apartments.
Bob Gugel of Origen Real Estate Panama – Best Places In The World To Retire User Account
Marbella is an upscale area especially known for its banking district. Besides the many banks in this neighborhood, Marbella is known for its excellent restaurants, hotels, casinos, movie theaters, shopping malls, hospitals, and parks. The MultiCentro Mall contains a great variety of department stores, specialty stores, restaurants, movie theaters, and a bowling alley. The mall is also connected to the Hard Rock Hotel. Surrounding neighborhoods like Bella Vista, Obarrio, and El Cangrejo are very similar to Marbella.
 
Marbell Looking Toward Ocean – Best Places In The World To Retire – International Living
Like much of the downtown area, apartments / condos are the most prevalent form of housing. Prices vary greatly. You can buy a 2 bedroom apartment around 115 m² (1,237 square feet) for about $175,000 - $200,000. A 3 bedroom apartment about 200 m² (2,152 square feet) could set you back around $240,000 or more. The average price per meter varies from $1,550 - $1,850 ($144 - $172 per square foot). Many apartments have ocean views and most have amenities like pools and gyms in the social areas. For those who love the convenience of city life, this is a great place to live.
Jose Laws – Best Places In The World To Retire User Account
There are very few single family homes in the Marbella area of Panama City, Panama.  Most people live in apartments.  A nice apartment with 3 bedrooms, living room, kitchen and family room would sell for approximately $200,000.
Giovanni Jimenez of Veneto a Wyndham Grand Hotel – Best Places In The World To Retire User Account
Marbella is located in the heart of Panama City, Panama. In class, it doesn't get better than this.
 
You`re surrounded by the banking district, tons of classy restaurants, and there's plenty of bars as well. You`re a few blocks away from the ¨Cinta Costera¨ which is considered Panama`s Miami spot. So the price to rent or of a mortgage is worth every penny. An apartment with 3 bedrooms, 2 bathrooms, a maid room along with bathroom can cost you approximately  $2,000 USD a month.  Of course it can be a lot higher depending on the luxuries the apartment offers. To buy a place in Marbella ranges from $250,000 USD and higher.
 
Marbella, Panama, is a great place to live.  I strongly recommend it to anyone who wishes to live close to the best of everything.
 

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