Real Estate
New Development, Punta Pacífica / San Francisco · Art District

Euphoria Art District

Punta Pacífica / San Francisco, Panama City, opposite Multiplaza, in the future Art District

Inspired by the work of Panamanian artist Olga Sinclair. Apartments from 80-116 m² with Lock-Off. Estimated price $285K for 80 m². Projected net monthly return between $1,900 and $2,870 according to the developer’s projections. EDGE certification in progress. Delivery in 2028.

EDGE / SustainableLock-OffArt DistrictAcross from Multiplaza
Key facts
The project

The project

Euphoria Art District is the second Marjalizo + UDG project in the same area as Alive, same location, same team, same positioning within the future Art District of Panama City. However, there are some key differences: Euphoria offers larger floor plans (up to 116 m²), a higher starting price ($285K vs ~$215K for Alive), and a thoroughly documented yield projection.

The artistic identity is stronger and more defined: Olga Sinclair is a Panamanian artist with international recognition, and the project uses her work as its visual leitmotif. The result is a building that already has a story to tell, translating into a more memorable, distinctive asset in the short-term rental market.

EDGE certification is currently being registered, following the same path as Be Living, which has already obtained it. Solar panels, energy efficiency, reduced carbon footprint. For buyers who consider sustainability a key criterion, Euphoria is the most comprehensive product in its segment.

The name, and why it matters

EUPHORIA, from the Greek eu (good) + phérein (to carry).

An intense, expansive feeling of wellbeing and optimism. The main inspiration is a work by Olga Sinclair, a Panamanian visual artist of international renown. Every floor of the building is a tribute to her art. This is not marketing: it is a project with a clear cultural signature.

Yield projection, data from the developer (80 m² unit)

Estimated total investment: $285,000 (apartment) + $25,000 (furnishings) = $310,000. Managed by Wynwood House, 20% management fee. Based on Airbnb with nightly rates of $150-$180 and occupancy of 75-85%.

Monthly costs included: WH fee 20%, cleaning ($210), maintenance ($85), electricity ($150), internet ($55), condominium fee ($300). Developer projections, not contractually guaranteed.

In the base scenario, the net annual yield is close to 8.7% on the total investment. This is a projection, not a guarantee, but it is one of the few in the ARQET portfolio with a detailed and transparent calculation provided directly by the developer.

Euphoria vs Alive, same area, different profiles

Two Marjalizo projects in the future Art District, which one to choose?

Euphoria Art District: 80-116 m² · From $285K · Olga Sinclair · Detailed ROI projection · EDGE in progress · Larger floor plans · Higher price/m².

Alive Art District: 80-94 m² · From ~$215K · RAWA Arquitectura · 8% projected · Art District concept · Lower entry point · Same neighbourhood.

Euphoria is for those who want larger floor plans, a stronger artistic signature, and a documented return projection. Alive is for those who want to enter the same area with a lower ticket. They are not in competition: they are two products for two different budget profiles.

Prices by unit type

Prices by unit type

80 m²

80 m² · 2 bedrooms · 2 bathrooms · Lock-Off · Panoramic balcony

USD $285,000

94 m²

94 m² · 2 bedrooms · 2 bathrooms · Lock-Off · Panoramic balcony

On request

100 m²

100 m² · 2 bedrooms · 2 bathrooms · Lock-Off · Panoramic balcony

On request

116 m²

116 m² · 2 bedrooms · 2 bathrooms · Lock-Off · Panoramic balcony

On request

Lock-Off Unit

1 bedroom · 1 bathroom · Balcony · rentable separately

Included in 2BR units

Amenities

Amenities

  • Sky Lounge
  • Rooftop Bar
  • Pool & Juice Bar
  • Show Kitchen
  • Game Room
  • Fitness Center
  • Yoga & Spinning Room
  • Swimming Lane
  • Wellness Center & Spa
  • Coworking Studio
  • Lobby & Hospitality
  • Concierge + Valet Parking
It works if your goal is
  • Airbnb investment with lock-off and detailed ROI projection
  • Asset in the Art District with a strong artistic signature
  • Sizes 80-116 m² in a premium area
  • Residence with cultural identity and EDGE sustainability
Not suited to

Not suitable for those seeking a low entry point or contractually guaranteed returns. The ROI is projected, not guaranteed as in Kyte. For contractual certainty, Kyte remains the only option in the Marjalizo portfolio with a written guarantee.

Alternatives

For a lower entry point in the same area, Alive; for guaranteed yield, Kyte.

Would you like to know more about Euphoria Art District?

Start with the Diagnostic.

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