Playa Malibú, Panama
Triangle 1 Created with Sketch. SOLD by OTHERS Triangle 1 Created with Sketch. $359,000 - Apartment
A1610-072 174 m2 3 Bedrooms 4 Bathrooms 1 Parking

With 174 m2, and a 300 degree view of the ocean, beachfront around Coronado Bay, mountains and lakes.

Malibu beach, is one of the most beautiful in the area, and one of the most private; in fact, you may have to get your binoculars to see another person! Playa Malibu is a secret destination for local surfers. It is referred to as the Gold Coast or Panamanian Riviera. Marbled black and gold volcanic sands are wonderful to walk on and you can walk miles and miles.

Only 1 hour from Panama City and 10 minutes from retail shopping, golf courses, restaurants, medical/dental/vet services. Completely furnished. Just move in.

The prestigious Biltmore has only 15 stories. A tower that has only 2 units per floor. Front, back and side windows allow the beautiful ocean and mountain breezes to flow through the condo. Air-conditioning is available in all rooms, but hardly ever needed. This translates to very low electrical bills.

There are mountain views to the north, and two small lake ponds where you can watch the giant frigate gulls fishing every morning. You have the best of all worlds: mountains, valley, lake ponds and ocean.

The oversized balcony faces south, for the sunset and a immense bay view, and it is as close to perfect as you could wish for. Great for morning coffee, dining, relaxing, and entertaining.

The owners of this lovely property have maintained it, and rarely used it. It has never been rented. It is still “like new”.
Over the 5 years the couple has owned this home, there have been upgrades made throughout.

There are 3 large bedrooms, plus a maid´s room (4th bedroom or office), and 3.5 bathrooms make this a great weekend retreat or a full-time family home.

Floor to ceiling wrap around/corner views in the living room and two of the bedrooms and wonderful views from every room.

An open concept kitchen-living room-dining room with stainless steel appliances and granite countertops throughout.

Property taxes are only $102 per year. Enjoy a 15 year tax holiday on the structure.
HOA fees are $295 / month.

Speed bumps with a silver lining. The road is paved to “Ocean Waves Resort” so…. when the road gets bumpy, you are 1 minute from paradise. The Biltmore’s local community keeps weekend traffic flow “away” this way.

The Biltmore is:

  • 4 miles to Coronado
  • 1 hour to Panama City
  • Only two apartments per floor. Thirty apartments total.
  • Ocean front with spectacular views to the South, West.
  • Spectacular views of the mountains to the North.
  • Tropical landscaping surrounds the oceanside pool and spa.
  • High volume water reserve system.
  • Automatic backup generator provides electricity throughout the building.
  • On site security guards
  • Nearby modern emergency and health clinic
  • Several physicians and dentists
  • Five pharmacies
  • Three veterinary clinics
  • Nearby police station
  • Numerous large multi-merchandise and Grocery stores
  • Countless Restaurants and Shops
  • Two international airports are close by.