Overview
The building and where it stands.
Ipanema is GLP's tower on the Pacific edge of Costa del Este, Panama City's planned business district, designed by Mallol Arquitectos with a silhouette meant to read as a set of sails. One-, two- and three-bedroom residences face the ocean; one-bedrooms start at US$312,810 and the current inventory runs to about US$525,865 for the larger premium units.
The developer has not published a profitability study. The market estimate for the district is a total annual return of 7–10%, made up of a net rental yield of roughly 4.5–6.5% plus long-term appreciation, and that is how we would frame it: a prime-address hold in a dollar economy, not a high-yield play. Every unit clears the US$300,000 threshold for the Qualified Investor visa on its own.
- One-bedrooms from US$312,810; up to c. US$525,865
- Ocean-facing tower in Costa del Este by Mallol Arquitectos
- Market estimate 7–10% total return; no developer study
- Qualified Investor threshold cleared by every unit
Pricing
From USD 312,810 for 1-bedroom residences. Current inventory extends to approximately USD 525,865 for larger premium residences, with 1-, 2- and 3-bedroom layouts available.
Developer pricing in US dollars, correct when we last checked. Availability and unit prices move; we confirm both before you reserve.
Projected returns
Estimated market ROI: 7–10% total annual return (approximately 4.5–6.5% net rental yield plus long-term capital appreciation). No official developer profitability study has been provided.
Read this as a projection
These figures are the developer's projections or market-based estimates for comparable stock, not a guarantee and not our forecast. Rental income depends on occupancy, management and local taxes; capital appreciation on a market you do not control. We go through the assumptions with you before you commit.
