Lake
From $170,269
Bella Vista, Calle 42 Este and Avenida Balboa, Panama City, facing Cinta Costera, Pacific Bay
22 floors. 4 layouts from 45 to 116 m². Beach-style pool, spa, cinema, karaoke. EDGE certified. Estimated ROI 8-12%. The only Marjalizo project directly on the Cinta Costera waterfront, with views over the Pacific Bay.
AWA, evoking water in Japanese, is built around three core concepts: sustainability, smart living, and wellness. This is not generic marketing: these are the three dimensions that CGO Arquitectura has translated into concrete design choices. Solar panels for energy efficiency (EDGE certified), integrated technology for energy savings, and a beach-style pool with spa as the heart of community life.
The pool is not a standard swimming pool, it is designed in beach style, with stepped access, an integrated spa area, solar decks and lush planting. It is the feature that sets AWA apart from other Marjalizo developments: not a rooftop terrace with a pool, but a resort-style bathing area at the heart of the building.
With 22 floors and 4 layouts ranging from studios to three-bedroom apartments, AWA covers the widest buyer spectrum in the Marjalizo portfolio, from first-time investments at $170K to family residences at $430K, all in the same area and with the same amenities.






The Lake model at $170K is the second-lowest entry point in the ARQET portfolio, after Kyte’s studio at $127K. But unlike Kyte, AWA’s Lake offers a balcony, a separate bedroom, and a waterfront location that Kyte cannot match.
The only Marjalizo project on the waterfront.
AWA is at Calle 42 and Avenida Balboa, the waterfront of Panama City. The Cinta Costera is literally on your doorstep: 5 km of pedestrian and cycling path facing the Pacific. You do not live near the sea. You live on the sea.
Bella Vista is the neighbourhood that links the financial district with the waterfront, Casco Viejo to the east, Costa del Este to the west, Multiplaza 10 minutes away. It is one of the areas with the most stable rental demand in the entire city: professionals from the financial district, expats who need urban connectivity, and tourists seeking the waterfront without the cost of Punta Pacífica.
The Bike Station is a meaningful detail: the Cinta Costera offers a 5 km cycling path. AWA is probably the only project in the ARQET portfolio from which you can ride your bike onto the waterfront directly from your front door.
Kyte, Obarrio: From $127K · 8% guaranteed.
Be Living, S. Francisco 67: From $187K · EDGE · Boutique.
AWA, Bella Vista · Balboa: From $170K · EDGE · Seafront.
The Hub, S. Francisco 74: From ~$220K · Almost sold out.
Alive, Punta Pacífica: From ~$215K · Art District.
Euphoria, Punta Pacífica: From $285K · Detailed ROI.
AWA is the Marjalizo product with the most unique location, the only one directly on the Cinta Costera. For those who want Panama City’s waterfront with an accessible entry point and EDGE certification, there is no direct alternative in the portfolio.
From $170,269
From $177,523
From $239,625
From $430,823
Not suitable for those seeking contractually guaranteed returns (→ Kyte) or very large floor areas with luxury finishes (→ Euphoria/Tagua). AWA is designed for those who want the waterfront and an active lifestyle, not just an asset to rent out.
For guaranteed yield, Kyte; for large, luxury floor plans, Euphoria or Tagua.
ARQET can guide you through the evaluation of this asset: analysis of the most convenient purchase structure, tax setup, banking strategy and remote management.
Start with the Diagnostic