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Did you know that permanent residence in Panama through real estate investment is possible? Applicants must purchase real estate valued at 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 family can apply for citizenship after five years of permanent residence in Panama.

ITHLUX and our team of professionals offers several real estate projects that qualify for the program, in addition to provide 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 request additional information!


Your chance to live in an oasis within the city!

Living amidst the greenery of the world-class golf course conceived by the firm Nicklaus Design, the breathtaking views of TOWN HOMES will fill your days with harmony and tranquility!

Located in the exclusive development of Santa María Golf & Country Club, 10 minutes from the city and close to facilities such as banks, schools, pharmacies, shopping centers, restaurants, bars and others.

Located in Santa María Golf & Country Club, it offers world-class facilities such as a 5-star hotel, the best views of the extraordinary golf course of the firm Nicklaus Design, and more than 2 hectares of social areas and green areas.

A project conceptualized in a way that is unique and unrepeatable, The Reserve is developed on a plot of 8 hectares of land to offer balance and harmony between residences and large social areas for the recreation of families.


- Total power plant
- Water reserve tank
- 3 parking lots per house
- PB + level 100 + attic
- Private area and covered terraces
- Only 34 houses
- 3 and 4 bedrooms
- From 318 m2


- Large sliding windows with acoustic and thermal insulation
- European style kitchen furniture and bathrooms
- Marble in master bathroom and guest bathroom
- Spacious and comfortable walking closet in the master bedroom
- Large kitchen with elegant furniture
- Stainless steel scrubber
- Master bathroom with marble envelope
- Sliding tempered glass shower doors
- Imported faucets and bathroom accessories


- Impressive lagoon pool
- Lap pool for swimming
- Artificial white sand beach
- Gazebo with air conditioning
- Gazebo with BBQ areas
- Pergolas for recreation areas
- Tennis court
- Basketball half court
- Gym
- Children's playground
- Walking trails
- 24/7 security checkpoint


- From USD$ 692,232.00

Contact us! Take advantage of this opportunity and book your visit now or ask for 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

  • Central Heating
  • Air conditioning
  • Under floor heating
  • Suites: 2
  • Social bathroom: 1
  • Equipped kitchen
  • Playground: si
  • Gymnasium
  • Indoor Garden
  • Terrace: si
  • Roof terrace: si
  • Garden: si
  • Balcony: si
  • Piscina: si
  • Tennis Court
  • Golf course
  • Children's park
  • Garage box: si
  • Private condominium
  • Total area: 318
  • Rooms: 3
  • Attic: si
  • Double glasses
  • Security alarm
  • Security / Surveillance: si
  • Lift
  • Unobscured view
  • Countryside View
  • Walking distance to beach
  • Parking space: si
  • Parking off street: si


Distrito de Panamá - THE RESERVE - Santa Maria - Panama

Sale price 692 232 $

Currency converter

Ref: ITH989

  • 3
  • 4
  • 309,16 m2
  • 309,16 m2
  • 309,16 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: ITH989
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