Terramar

Terramar is a residential twin-tower complex ideally situated along Vía Israel in San Francisco, one of Panama City's most livable and centrally located neighborhoods. Developed by Btesh & Virzi, Terramar rises 39 floors and delivers a thoughtful combination of well-designed apartments, generous common areas, and an enviable location that puts the best of Panama City within easy reach. Built in 2007, the complex has established itself as a reliable, well-maintained residential community favored by locals, expatriates, and long-term investors alike.

Central Location in San Francisco

Vía Israel is one of Panama City's most important arterial roads, offering direct access to the Corredor Sur expressway, Multiplaza Pacific Mall, and the broader Punta Pacifica corridor. Terramar's position places residents within minutes of Parque Omar — the city's largest urban park and a beloved green space for runners, families, and outdoor enthusiasts — as well as dozens of cafés, restaurants, supermarkets, and international schools. The neighborhood's combination of city convenience and residential calm makes it consistently popular with both the local professional class and the growing expatriate community.

Spacious Apartments with Panoramic Views

Terramar's floor plans range from 77 m² to 136 m² and beyond, with configurations for singles, couples, and families. Many units feature private balconies with panoramic ocean and city views — a daily reminder that you're living at the intersection of Panama's urban energy and its natural Pacific backdrop. Interiors are designed for comfortable everyday living, with quality finishes, ample natural light, and efficient layouts that make the most of every square meter. Penthouses with dual-level configurations are also available, offering premium top-floor living at exceptional value.

Full Amenity Package

Terramar's social areas are designed for community life and wellness. Residents enjoy a swimming pool, fully equipped gym, children's play area, and sports court — all maintained to a high standard. The complex is also pet-friendly, with designated outdoor areas for dogs and ample green space. Twenty-four-hour security ensures peace of mind, making Terramar an ideal home for families with children or retirees seeking a secure, well-serviced environment in the heart of the city.

Strong Investment Fundamentals

Properties in San Francisco consistently deliver strong rental yields, driven by demand from Panama City's corporate sector, medical professionals at nearby Punta Pacifica Hospital, and the steady stream of international relocators attracted by Panama's dollarized economy and favorable tax environment. Entry-level apartments at Terramar start around $180,000, placing them within reach of investors seeking accessible exposure to Panama City's premium residential market. Panama imposes no foreign ownership restrictions, no inheritance tax, and no taxes on foreign-sourced income — making the ownership experience straightforward and financially efficient for international buyers.

Want to learn more about investment opportunities at Terramar or explore similar properties in San Francisco? Contact the Life n’ ROI team today for expert guidance, rental yield estimates, and personalized support through every step of the purchase process.