In this guide
Where it is and how to get there
The official GLP page places the project in Panama City, a few minutes from Costa del Este, with quick access to Vía Cincuentenario and the Corredor Sur. The Spanish version of the page (Spanish page) describes Vía Cincuentenario as a primary artery that connects with the city center. The English page estimates about 5 minutes by car to Costa del Este. That figure comes from the developer, not from an independent measurement, and real travel time varies by hour.
The official page gives neither an exact street address nor the corregimiento. The Caja de Ahorros listing does: Parque Lefevre, Vía Cincuentenario, at the Panamá Viejo roundabout. Parque Lefevre is a corregimiento of the Panama district and, according to Wikipedia, the archaeological site of Panamá la Vieja lies within it. The Ministry of Culture places that monumental site on Vía Cincuentenario, in the same corregimiento.
The project’s official website (panamaviejoresidences.com) does not state a street or corregimiento in the content reviewed. Anyone who needs the exact address for paperwork or a commute check should request it in writing from the developer.
| Item | What the source says | Source |
|---|---|---|
| Area | A few minutes from Costa del Este, Panama City | GLP |
| Roads | Quick access to Vía Cincuentenario and the Corredor Sur | GLP |
| Corregimiento | Parque Lefevre | Caja de Ahorros |
| Reference point | Vía Cincuentenario, at the Panamá Viejo roundabout | Caja de Ahorros |
| Time to Costa del Este | About 5 minutes by car, per the developer | GLP (English) |
The original article on GLP’s own showcase site (See the original article on Venta de apartamentos Panamá, in Spanish) adds proximity to Coco del Mar. No official page reviewed mentions it, so it is left here as unconfirmed.
Models and sizes
The sources do not fully agree, which is worth knowing before booking a visit. GLP’s page and the official website present contemporary 2-bedroom apartments. The Caja de Ahorros listing states 2 bedrooms, 2 bathrooms and 58 m². The English GLP page adds a balcony with city or Costa del Este views and private parking per residence.
The original article also describes 1-bedroom units of 43 m² on the ground floor. Those figures match a third-party real estate portal, which lists a 1-bedroom, 1-bathroom model of 43 m² with a terrace and several 2-bedroom, 2-bathroom models of 58 m² with a balcony. The official pages reviewed do not publish the 1-bedroom model, so its current availability should be confirmed with the developer.
| Model | Bedrooms and bathrooms | Area | Backing |
|---|---|---|---|
| 2 bedrooms | 2 and 2 | 58 m² | Caja de Ahorros and third-party portal; GLP confirms the 2 bedrooms without giving the area |
| 1 bedroom, ground floor | 1 and 1 | 43 m² | Original EMD article and third-party portal; not in the official pages reviewed |
Amenities
The project’s official website lists these common areas, which match the original article:
- 24-hour security.
- Two social areas.
- Children’s play area.
- Equipped gym.
- Sports court.
- Food court.
- Presentation room.
GLP’s page also mentions social areas and community spaces, plus private and visitor parking. Third-party sources add a pool and other spaces, but neither the official website nor GLP’s page lists them. The prudent step is to request the final amenity list with location plans before counting on any amenity that appears only on an outside portal.
In a horizontal property (PH), each amenity is sustained by owners’ maintenance fees. It is therefore worth knowing how that cost is shared; Radar’s guide on how a PH works explains the bylaws and fees.
Delivery and financing
The official website advertises “immediate delivery” for the 2-bedroom apartments, and Caja de Ahorros also lists the unit with immediate delivery. A third-party portal marks the project as “under development”. The difference may reflect phases or outdated data; only the developer can clarify it.
GLP mentions financing facilities on its page, and the Caja de Ahorros listing presents a mortgage loan with requirements on work history, income and credit references. This article does not include price figures or installments. To understand whether a home can access a subsidized rate, the guide to preferential interest explains the general conditions, and the property tax calculator helps estimate that recurring cost.
Who it suits
This is an editorial reading of the confirmed data, not a promise from the developer. A 58 m² apartment with 2 bedrooms and 2 bathrooms fits a couple, a small family or someone who needs an extra room for a home office better than a large household. The children’s play area shows the project contemplates families with kids. Proximity to Costa del Este and to two main roads favors people who travel to that area often, provided they test the trip at rush hour.
Foreign buyers should also review which steps apply to them; the guide on buying property in Panama as a foreigner summarizes the essentials.
How to compare it with other projects
A fair comparison needs the same variables for every project. A practical list:
- Measure the real commute. Drive the route to the office or school at the hours of actual use instead of trusting published minutes.
- Match the area. Compare built square meters and layout, not just the number of bedrooms.
- List the amenities that will actually be used. A gym, court or social room matters more if used; all of them are paid through the fee.
- Verify the status. Immediate delivery, under construction or off plan carry different risks and timelines.
- Read the PH bylaws. Fees, pets, rentals and use of common areas vary from building to building.
- Get everything in writing. Size, finishes and amenities should appear in the contract or its annexes.
What to ask the developer
- Which models are available today: only 2 bedrooms, or also the ground-floor 1 bedroom?
- What are the built area and the enclosed area of each model?
- What is the delivery status by tower or by unit?
- Which amenities are built and which are pending, with a location plan?
- What is the estimated maintenance fee and what does it cover?
- Where are the PH bylaws and what do they say about rentals and pets?
- Which banks work with the project and what documents do they ask for?
- How many parking spaces does each unit include and how many are for visitors?
GLP was founded in 1985 and, according to its home page, has built and delivered more than 60 developments. That track record makes it reasonable to ask for references from earlier deliveries and to visit one. The project’s contacts are on its official website.
Need the detail on models, amenities and availability?
GLP’s official page and the project website gather information, a gallery and a virtual tour.
Photos, reviews and rentals: what exists and what does not
Photos. The official website includes a gallery, a virtual tour and a downloadable presentation. These are developer materials; real conditions are verified by visiting.
Reviews. This article does not include resident reviews. The sources reviewed contain no verifiable opinions about the project, and the most reliable route is to speak with current owners and the administration.
Rentals. The official pages reviewed do not publish rental conditions. What is allowed is set by the PH bylaws, so they should be read before buying for that purpose. See how a PH works.
For more detail on the project, the original article remains available in Spanish: See the original article on Venta de apartamentos Panamá.
Frequently asked questions
What is Panamá Viejo Residences?
It is an apartment project by Grupo Los Pueblos in Panama City, a few minutes from Costa del Este, with access to Vía Cincuentenario and the Corredor Sur, according to GLP’s official page.
Where is Panamá Viejo Residences located?
Caja de Ahorros places it in Parque Lefevre, on Vía Cincuentenario, at the Panamá Viejo roundabout. GLP’s page says it is a few minutes from Costa del Este.
What is the address or corregimiento of Panamá Viejo Residences?
The corregimiento is Parque Lefevre, according to Caja de Ahorros. GLP and the project website do not publish the exact address in the content reviewed, so it should be requested from the developer.
Are there photos of Panamá Viejo Residences?
Yes. The official project website has a gallery and a virtual tour. They are developer materials and are best checked against a visit.
Can an apartment at Panamá Viejo Residences be rented, and are there reviews?
This article does not include resident reviews or rental conditions, because the sources reviewed do not publish them. What is allowed is decided by the PH bylaws, which should be requested and read before buying.
Related articles
- Horizontal property in Panama: how a PH works
- Buying property in Panama as a foreigner
- Preferential interest in Panama: how it works
- Property tax calculator
More Grupo Los Pueblos projects on Radar Panamá
- Oceana Residences & Skyhomes in Santa María: Collections and Area Guide
- Apartments for Sale in Punta Pacífica and Ocean Reef Islands
Sources
- GLP, Panamá Viejo Residences page (English): location, access, time to Costa del Este, balconies, parking.
- GLP, Panamá Viejo Residences page (Spanish): location, 2 bedrooms, parking, financing.
- Official project website: amenities, immediate delivery, gallery and virtual tour.
- Caja de Ahorros, project listing: Parque Lefevre, 58 m², immediate delivery, mortgage.
- Wikipedia, Parque Lefevre and Ministry of Culture, Panamá Viejo monumental site: location of the corregimiento and the historic site.
- Venta de apartamentos Panamá, original article.
- GLP: company track record.
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