This is the deal you’ve been waiting for! The ideal location in downtown Panama City Panama, with shops and restaurants below your apartment, Crank Tower is one of El Cangrejo’s newest buildings.

The owner has multiple condos for sale in the building, looking to liquidate!

The Condo

With the efficient distribution of spaces, luxury finishes, and fantastic city views, this condo would be perfect for a full-time residence or as an investment property.

A glassdoor balcony keeps this home filled with natural light, and a closed kitchen with a laundry area and maid’s room adjacent gives you the privacy you need when cooking.

The layout of the main bedroom creates a comfortable living space with its own unique views of Panama City, and the additional guest bedroom will provide all the space your family needs.

The Building

Cranc Tower has a two-story rooftop social area! Common areas of the building include a gym, lobby, bbq area, sauna and kids playground.

The building is tax exonerated with low monthly fees and there are a total of 23 stories.

The Neighborhood

Often considered one of Panama City’s most bohemian neighborhoods, there is a lot to love about El Cangrejo.

El Cangrejo was traditionally a residential neighborhood for middle-class Panamanians. Now it’s home to a diverse mix of residents and has become a hub for young professionals and bohemians alike.

El Cangrejo offers a mix of older buildings, one and two-story houses, and new construction projects. It’s also one of the most walkable neighborhoods in Panama City making it a charming and friendly area.

There are plenty of shops, restaurants, and cafes that sit along the neighborhood’s main thoroughfare, Via Argentina. And nearby, residents can take advantage of Andres Bello Park.

Many professionals and families choose El Cangrejo for its relaxed community feel. On any given weekend, you’ll see plenty of locals and expats enjoying breakfast at a cafe or walking their dogs. There are also a number of good schools in and around El Cangrejo, which is a popular draw for parents with children.