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Did you know that permanent residence in Panama through real estate investment is possible? Applicants must purchase real estate at a value of USD$ 300,000.00 or more (plus fees). The minimum amount will increase to USD$ 500,000.00 after October 16, 2022. The investor and his family can apply for citizenship after five years of permanent residence in Panama.

ITHLUX and our team of professionals offer you several real estate projects that qualify for the program, as well as providing you with the complete package to support you and your family in this process (legal, immigration, tax/accounting, insurance, among others). Contact us! Take advantage of this opportunity and book your visit now or ask for additional information!


Nature, technology, sustainability and functionality.

Born, growing up and living in an era of change where adaptation is an essential part of everyday life, prioritizing the real harmony between individual purpose and all the elements that make up the planet becomes an unspoken necessity. It is increasingly common to search for that link between people, technology and the planet; being the home the refuge par excellence.

From this need was born DOVLE SELVA, a project focused on providing that balance between people, innovation and nature.

DOVLE SELVA is a concept that brings together a diverse community but with the same approach. It has 13 floors of residences and two apartment footage, its top floor will transport you to a space inspired by the rainforest of Panama.

Living in DOVLE SELVA means having everything you need to enjoy and produce to the fullest. The architectural design is in charge of Arango + while the interior design is in the hands of Mary Calvo Design.

Located in Coco del Mar, it is one of the favorite areas to live in Panama City, has access to different parts of the city and is also a few blocks from the city lung, Omar Park. Considered a sophisticated area for its privileged view of the sea, and with the passage of time it has become a very complete area for its variety of shops.


The project was designed integrating renewable and sustainable technology:

• 13 floors of residences
• The height of each apartment is 4.50 m
• 4 floors of indoor parking
• The façade of the building maintains 5 meters of sidewalk
• AIRBNB READY - Hotel permit granted to the apartments on the first floors, with independent access to the rest of the residences and with its own equipped social area.
• 4 elevators for residential units and an elevator for units with hotel permit
• SOLAR PANELS - Use of renewable energy, accentuating a positive impact on the building.
• Amenities start on the 14th floor, taking advantage of the views: Pacific Ocean and City


• 55 m2
• 2 bedrooms
• 2 bathrooms
• Furnished apartments
• Equipped kitchen and appliances
• Laundry
• Balcony
• Apartments with smart lock system and automated lighting.
• Application to make reservations of common areas.


• Cable TV included
• Long band Internet included
• Property insurance against fire, third parties and damage (with furniture and appliances
• Water and gas included
• Electricity up to USD$ 200.00 per month included
• Guest entry and exit management service and inspections of units with permission from Airbnb
• Collection of hotel taxes and payment to the corresponding authorities


• LOBBY - Natural materials that provide a cozy vibe.
• COFFEE DEN - For the service and use of its residents.
• SELVA - Organic environment of 400 m2 inspired by the rainforest of Panama, accentuating the connection between the resident and nature.
• TESLA CARS - You will have Tesla cars at your disposal, so that you always have how to move without negatively impacting the environment.
• PET HOTEL - A specific area to pamper and give special care to your pets.
• BOOK CENTER - A complete library with a varied selection of books for everyone.
• DIGITAL CONFERENCE - Room with technological equipment for your conferences.
• RECORDING STUDIO - soundproof area to make you grow as a professional.
• PODCAST - Specialized sound studio to produce recordings.
• ZOOM ROOMS - Four soundproof rooms to ensure the privacy you need in your video call.
• DEMO KITCHEN - Invite your family and friends to taste delicious meals in an area with open spaces equipped with all utensils.
• GYM - Space with a complete team and collective screens synchronized to your training.
• MULTI USE SPACE - Room where you can do what you want when you want to receive or teach classes or simply share tastes with your acquaintances.
• PLAY ARENA - Room for cyber fun, with consoles and video games.
• MEDITATION ROOM - Meditation and relaxation room with an internal garden and natural light generated by a circular opening on the roof of the building.
• GARDEN COWORKING - Open, closed and separated areas by landscapes with varied vegetation, generating a unique and inspiring final environment to work with.
• THE GARDEN - Garden for the cultivation of edible plants for the use of residents.
• NIDOS - Private spaces perfect for meeting with family or friends.
• FIRE PIT - An instance (only for adults) with an urban campfire in the middle of the jungle.
• YOGA - The area has a wooden pier surrounded by trees and using water as the main element.
• BBQ DECK - Space to make roasted food outdoors, surrounded by the best landscape.
• PANORAMIC POOL - Infinity pool towards the ocean and a waterfall with 6m high that protrudes from the building, providing a tropical experience in the middle of the city.


USD$ 209,000.00

Take advantage of this opportunity and book your visit now or request additional information!

Why live or invest in Panama?

1 - Stable economy with the US dollar as currency. Second largest economy in Central America and the fastest growing economy. Second most competitive economy in Latin America according to the World Economic Forum's Global Competitiveness Index.

2 - Strategic geographical location, privileged and free of natural disasters, located on the isthmus that connects North and South America, bordering Costa Rica, Colombia, the Caribbean and the Pacific Ocean, with a tropical climate throughout the year.

3 - International banking and financial center: strong banking system - in the last 20 years, mergers, transformations and incorporations of new banks have regulated and resized the sector. Panama is today one of the most important financial centers in Latin America and the world.

4 - The territorial tax system that exempts from taxes the income obtained outside the country, constitutes the main attraction for companies and individuals from all over the world to find a tax solution in the country.

5 - Political and legal stability. Panama's legal system was developed to encourage, support and protect foreign investment. The Constitution of Panama and the Foreign Investment Law grant the same rights and guarantees to foreigners in matters of property, investment and trade.

6 - Excellent quality of life and safety. It is among the cities in the world with the highest quality of life, as well as being one of the five best places to retire in the world.

7 - Medical services with high technology and international prestige, world-class communications infrastructure and excellent private schools.

8 - Panama is the Logistics Hub for Latin America and the Caribbean, by air, land and sea - World-class logistics platform, operating directly with 152 ports and 54 countries, being the gateway to Latin America.

9 - More than 5% of world trade transits through the Panama Canal, with 160 client countries and 144 maritime routes, obtaining a great profitability and attracting investors from all over the world, particularly from the real estate sector. GDP is expected to grow by nearly 20% as the Panama Canal expands and the consequent increase in traffic and new flows of ore, gold and copper, driving growing demand for real estate.

10 - Tocumen International Airport: It is the largest and busiest airport in Central America, with flights to 89 destinations.

11 - Stable Real Estate Business - Investing in dollar-listed real estate remains a safe investment bet. The real estate industry offers a wide range of projects with a price/ quality ratio well above average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners who reside or invest in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Netherlands, New Zealand, Norway, Paraguay, Poland, Portugal, Serbia and Montenegro, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, United Kingdom, United States of America, Uruguay.

Property Features

  • Air conditioning
  • Under floor heating
  • Suites: 2
  • Furnished
  • Equipped kitchen
  • Home Cinema
  • Playground: si
  • Gymnasium
  • Jacuzzi
  • Sauna
  • Indoor Garden
  • Indoor terrace
  • Terrace: si
  • Roof terrace: si
  • Garden: si
  • Balcony: si
  • Piscina: si
  • Children's park
  • Garage box: si
  • Private condominium
  • Duplex
  • Total area: 55
  • Gross Dependent Area: 55
  • Rooms: 2
  • Double glasses
  • Security alarm
  • Security / Surveillance: si
  • Lift
  • Sea view
  • Unobscured view
  • City View
  • Central location
  • Parking space: si


Distrito de Panamá - DOVLE SELVA - Coco del Mar - Panama

Sale price 243 000 $

Currency converter

Ref: ITH1227

  • 2
  • 2
  • 55 m2
  • 55 m2
  • 55 m2
António Almeida

António Almeida

Mobile: +507 6030-9225

Email: antonio.almeida@ithlux.com

Know more
António Almeida

António Almeida

Mobile: +507 6030-9225

Email: antonio.almeida@ithlux.com

Know more


Ref: ITH1227

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