Punta Pacifica Realty, the largest sales, rental, and property management firm in Panama City, has announced the launch of sales for Ipanema at Costa del Este, a luxury waterfront development featuring two towers. This landmark project will introduce the first sandy beach to the popular coastal residential neighborhood.
Welcome to Ipanema at Costa del Este, the premier destination for luxury waterfront condos in Panama City. This distinctive residential development combines modern architecture, resort-style amenities, and an unparalleled location.
Ipanema is the inaugural Costa del Este project by the renowned Panamanian developer Grupo Los Pueblos (GLP), known for iconic projects such as Ocean Reef islands. The two towers, designed with a unique frigate-sail shape, are situated within the gated Costa del Mar community, providing a secure, vibrant environment with convenient access to top-tier restaurants, shopping, and schools.
Ideally located just 15 minutes from Tocumen International Airport and downtown Panama City, Costa del Este is a favored locale for executives from the numerous multinational companies based in the area.
Ipanema at Costa del Este will be the only development in the neighborhood directly on the waterfront, offering uninterrupted views of the ocean and the city. The white-sand beach, the sole sandy stretch in Costa del Este, will be connected to a landscaped park, creating a serene oasis at the edge of this exclusive waterfront community.
“Ipanema in Costa del Este is the first project to fully capitalize on the area’s natural beauty,” says PPR CEO Duncan McGowan. “International buyers familiar with cities like Hong Kong, Miami, and Dubai will be impressed by the pricing and amenities available in this prime oceanfront development.”
The resort-style complex features a diverse array of luxury residences and amenities designed to appeal to a wide range of buyers. It will include a 50-meter Olympic-length lap pool, jogging tracks, tennis and pickleball courts, a state-of-the-art gym, a sports bar, a cinema, fire pits, a children’s pool, and a teen lounge.
The unique design of Ipanema at Costa del Este, created by Mallol Architects, emphasizes wellness, social interaction, and connectivity to the waterfront. Each apartment is designed to support a modern, open-air lifestyle with expansive balconies and unobstructed views of the blue waters.
“Ipanema at Costa del Este is the first development in the area to offer such a comprehensive package,” says PPR Managing Director Jeff Barton. “No other project in the gated Costa del Mar community will match the combination of a sandy beach, unobstructed views, and this level of luxury.”
PPR is offering special introductory pricing during the pre-construction phase for Ipanema at Costa del Este.
