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Did you know that permanent residence in Panama is possible through real estate investment? See below how with ITHLUX!


The dream of living in a place with high design standards, amenities that invite you to live and in a privileged area is a reality in Velure. The building was designed by the renowned firm Pinzón-Lozano Arquitectos and has the advice of the renowned interior designer Mary Calvo Design. Together they contribute to creating a unique and high-value project for the client.

The luxury offered by VELURE is supported by its highly efficient design: a tower divided into two views with three apartments and two elevators each, which translates into greater comfort and privacy for all residents.

It offers three films that are accessible and suitable for new families, couples or individuals, with the option to modify the distribution of space according to the need.

Located in the heart of Panama City, the neighborhood of El Cangrejo is one of the most sought-after and desired areas of the entire capital. It is crossed by the Via Argentina and adjoins the Via España on one side and Avenida Manuel Espinosa Batista on the other, making any point of the city accessible. In addition to its proximity to a Metro station, all the needs of services, supermarkets, restaurants and shops are within minutes on foot or by car.
VELURE is located on a one-way street that is adjacent to the main one, which adds another degree of exclusivity within the area.


All apartments have balconies and floor-to-ceiling windows, another element that represents elegance and additional comfort. And its two views, one towards the green of the University of Panama reaching the port of Panama, and another towards the modern skyline of the capital, offer two interesting options for the resident.

- 22 floors, 96 units
- 129 m², 159 m² and 177 m²
- 3 bedrooms
- 4 bathrooms
- Living room
- Dining room
- Balcony
- Laundry


- 1,600 m2 of social area
- Open and covered terraces
- Event room
- Sun deck, perfect for meditation or tanning
- Three swimming pools (adults, children and babies)
- Jacuzzi
- Gym
- Racquetball court
- Baby playroom and park with games for children
- Lounge with pool table and poker
- 24/7 security team
- VWORK: you can concentrate on your projects and relax by being in your own place, equipped with everything you need:
- Hotspots (individual spaces) - Find your favorite place in the various individual spaces with high-speed WiFi and the best possible connectivity
- Meeting rooms - Here you can serve your customers or partners as at home. There are 2 meeting rooms: one for 4 and one for 6 people, available by reservation, which have a projector, monitor, table and comfortable chairs.
- Booths - In these booths you can make important calls, either by cell phone or from your laptop, with the peace of mind of not being heard and being in a comfortable space.
- Terraces - In VWork you will find 3 terrace spaces: one of them is roofed and overlooking the skyline of the city and the banking area; the other two, are outdoors and have a view of the gardens of the University of Panama to the Port of Balboa. This area is perfect for taking a break, attending a casual meeting or working in the breeze.


- 129 m² - USD$ 351,000.00
- 159 m² - USD$ 348,000.00
- 177 m² - USD$ 420,000.00

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


Did you know that permanent residence in Panama through real estate investment is possible?

Executive Decree 722 of October 15, 2020, created a new category of permanent residence for economic reasons. Through this program, the applicant can become a permanent resident by making a qualified investment in Panama, including the following options:

- Real estate: Invest US$300,000 dollars (until October 2024), or US$500,000 dollars later, free of liens.
- Pre-sale real estate projects: sign a sales contract for the sum of US$500,000 or more, free of encumbrances.

ITHLUX and our team of professionals offer you several real estate projects that qualify for the program, in addition to 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!

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: 3
  • Social bathroom: 1
  • Playground: si
  • Gymnasium
  • Jacuzzi
  • Indoor terrace
  • Terrace: si
  • Roof terrace: si
  • Garden: si
  • Balcony: si
  • Piscina: si
  • Tennis Court
  • Children's park
  • Private condominium
  • Total area: 159
  • Gross Dependent Area: 159
  • Rooms: 3
  • Double glasses
  • Security alarm
  • Security / Surveillance: 24/7
  • Lift
  • Unobscured view
  • City View
  • Central location
  • Parking space: si


Distrito de Panamá - VELURE - El Cangrejo - Panama

Sale price 348 000 $

Currency converter

Ref: ITH2012

  • 3
  • 4
  • 159 m2
  • 159 m2
  • 159 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: ITH2012
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