Immediate Delivery$995,000
Costa del Este
AR-043
Casa Costa Bella
View Details5-bedroom, 465 m² house in Costa Bella, Costa del Este. Renovated in 2023, pool, jacuzzi, and outdoor kitchen. Move-in ready. $995,000.

Santa María Norte · fronting hole 16 of the Jack Nicklaus course. Two 20-story towers, 2 apartments per floor, architecture by Mallol & Mallol. From $825,000.
Hole 16
Fronting the Jack Nicklaus course
20 floors
Two towers · 2 apartments per floor
3.30 m
Interior ceiling height
$825,000
Pre-construction entry price
ARENA occupies one of the last viable plots fronting the Santa María golf course: a cul-de-sac in Santa María Norte that ends directly at hole 16 of the Jack Nicklaus Signature course. Two 20-story towers with only two residences per floor give every apartment dual exposure and full course views. Architecture is by Mallol & Mallol Arquitectos, with 3.30 m ceiling heights and floor-to-ceiling windows across every main living space.
Key data
217–271 m²
Standard layouts · plus 318 m² variant
3–4 bedrooms
Each bedroom with ensuite bath
$10,000
Initial reservation
~30 months
Estimated build timeline
Exterior and common spaces




Floor plans
Each floor holds two apartments across four footprints, ranging from the most efficient layout to the 4-bedroom plan with separate family room. Every plan prioritizes generous social areas and an independent bedroom wing, with oversized terraces facing the golf course.

217 – 237 m²
3 bedrooms · 3.5 baths · golf-view terrace
From $825,000

245 – 271 m² · 318 m² variant
4 bedrooms · 4.5 baths · family room · golf-view terrace
Pricing on request
Amenities
ARENA groups more than a dozen world-class amenities, planned so every resident - adult, child, or pet - has a dedicated space. Semi-Olympic pool, padel court, fully equipped gym, pet spa, chef kitchen, sauna, massage and beauty rooms, separate children's areas, and a studio library round out the offering.

Semi-Olympic Pool

Fully Equipped Gym

Chef Kitchen

Studio Library

Double-Height Lobby

Padel Court

Pet Spa

Sauna & Massage Rooms


Finishes
ARENA's architecture is signed by Mallol & Mallol Arquitectos, a reference studio in Panama's luxury residential practice. First-tier finishes include contemporary integrated kitchens, spa-style primary bathrooms with double vanity, large-format flooring, and floor-to-ceiling glazing that frames the golf views. 3.30 m ceiling heights on every floor, two parking spaces per unit, and 30+ visitor parking spaces.
Location
ARENA sits in Santa María Norte, on a cul-de-sac that ends directly at hole 16 of the Jack Nicklaus course - Central America's only Signature Course. Direct access to the Corredor Sur highway, 15 minutes to Tocumen, hospitals, international schools, and the financial district. The adjacent park and dead-end street format create a particularly safe environment for families with children, inside Santa María's 24/7 security ring.

Country Club
The community's social and sports club: gym, 3 tennis courts, 6 padel courts, spinning, softball, juice bar, and The Spot. A membership independent from the Golf Club, open to residents and outside members.

Gym

6 padel courts

Spinning studio

Softball field

Golf Club
An 18-hole course designed by Nicklaus Design (7,153 yards from the championship tee), operated by Troon Golf. ARENA fronts directly onto hole 16 of the course.


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