Avenida Balboa is one of the most important streets in Panama City. It connects the financial district with the residential area of "Punta Paitilla" and leads to the "Casco Viejo" historical area.

Today some of the most exclusive and amazing oceanfront condominiums are being built or in the preconstruction phase along the Avenida Balboa including Destiny Tower, H2O Tower and Sky Residences, Element and the Arts Tower. World renewed designers, architects and developers have recognized the area's strategic and privileged position and are now actively developing the area with new luxury high-rise condominiums.

The Avenida Balboa is just a short drive from "Casco Viejo" the historical preserved area and downtown Panama city where upscale shopping malls and restaurants are located. Every new development on the  Avenida Balboa enjoys unobstructed views of the Pacific Ocean and the city.

The Avenida Balboa has also gone through a huge expansion program called the CINTA COSTERA that is due to open Summer 2009 and will provide extra traffic lanes to eas congestion and also area for walking and relaxation area for families to sit and enjoy the viw out across the Bay of Panama.

Rental Property on Avenida Balboa is also in very high demand and 1 bed condos with Ocean views can rent starting from $2500 per month unfurnished.

The Panama property sales on Avenida Balboa are very strong with resales now coming available as more and more of these amazing Towers complete and sellers want to take advantage of still a strong Real Estate market here in Panama.

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