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Waterfront Apartments in Panama City | Ipanema Costa del Este

March 5, 2026

Ocean-view apartments from $280K in Costa del Este, Panama City. Private beach, 50m lap pool & resort amenities. GLP’s newest landmark — last units available!

Find your apartment in Panama City at Ipanema

Why Costa del Este Is Panama’s Top Address

Panama City, the capital of the Republic of Panama in Central America, has
become a world-famous country to relocate or to invest in real estate. And
Ipanema Waterfront Residences, in the Costa del Este neighborhood, is a great
example of the excellent choices you might find while browsing the market.

Ocean-Inspired Architecture & Iconic Skyline Design


With modern architecture and an ocean inspired design, Ipanema will be a new
iconic building in Panama City’s skyline, already dotted with great condos and
skyscrapers that more akin to Dubai or Miami than in other neighboring Latin
American cities such as Bogotá or San José. Efficiently designed and reasonably
priced, Ipanema beachfront apartments are great for singles, young families and
even retirees.

World-Class Resort Amenities at Your Doorstep

The resort style amenities are great as well: a private man-made beach, the
biggest private pool in the city, multiple sports and wellness areas and activities, as
well as common areas with entertainment features for you to play and share with
families and guests without leaving the property.

Apartment Types: 1, 2 & 3-Bedroom Floor Plans

There are many apartment buildings in Panama City to choose from, ranging from
the most exclusive million-dollar luxury condos, to vintage and unique spaces filled
with character. GLP Properties, the developer behind Ipanema, hast 40 years’
experience creating innovative projects that provide excellent living conditions, as
well as a sound investment.

GLP Properties: 40 Years of Building Panama

Ipanema broke ground in 2025. Last units are available. Contact GLP Properties or
your own real estate broker to learn more about this unique place: Inspired by the
ocean and created