Overview

The building and where it stands.

Lagoon is GLP's resort-style product at Bayside, on the Veracruz coast in Panamá Oeste, twenty minutes over the bridge from the city. Each lot holds a single boutique building of eight apartments, delivered fully furnished with the land included, arranged around green areas rather than towers. The beach club operates independently and charges its own membership.

From US$157,000, it is the lowest entry point in Panama City's orbit in our portfolio and comes with an optional managed rental programme through GLP Property Management. The market estimate is a total annual return of 7–9%, of which 5–6.5% net rental yield; there is no official developer projection. On its own the entry unit sits below the US$300,000 Qualified Investor threshold; two units, or a unit plus another qualifying investment, reach it.

  • From US$157,000, furnished, land included
  • Eight units per lot: low density by design
  • Optional managed rental programme (GLP Property Management)
  • Below the US$300,000 visa threshold on its own

Pricing

From USD 157,000 for fully furnished Lagoon Apartments (land included). Current inventory starts at USD 157,000.

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: 7–9% total annual return, including an estimated 5–6.5% net rental yield plus long-term capital appreciation. The project includes a fully managed rental program through GLP Property Management, but no official profitability study or projected ROI is provided in the developer's materials.

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.