PanamaRealEstateGuide
Rendering of the Cavarossa tower on the Amador waterfront, with sailboats moored offshore
Aerial rendering of Cavarossa, showing the building's fanned form and its terraced rooftop decks
A Cavarossa interior framing an arched opening onto the bay, with a plunge pool on the terrace

5 photos from the developer

Preselling

Cavarossa

Amador, Panama City

from $302k to $488k

Unit types
2
Smallest unit
60 m²
Bedrooms
1–2
Status
Preselling
Area
Amador

Cavarossa is another Velopers project, the same Panama City developer behind Bioma Costa del Este, and the same sales-velocity story applies: their earlier tower Dovle in Coco del Mar reportedly sold 170 units in 19 hours. What's genuinely different here is the site itself. Amador Causeway is largely reclaimed and former US-military land, Fuerte Amador, returned to Panama under the Torrijos-Carter Treaties, and multiple broker sources describe titled properties as scarce along the whole causeway. That's the single most important thing to check before you put down a deposit here, more than the floor plan or the view. Several listings also describe the project as having a hotel permit ready for short-term rentals, which would be a real draw in this tourist-heavy stretch of the city, but we could not independently verify that permit against a government filing. Treat it as a broker claim until your attorney confirms it directly.

Cavarossa prices and floor plans

UnitBedsBathsSizeFrom
1 rec — Amador short-stay product1160 m²$302k
2 rec — last unit of this plan22106 m²$488k
2 of 2 unit types priced · as listed by the developer · checked 2026-08-08

Where Cavarossa actually is

Cavarossa sits on the Amador Causeway, on Calle General Juan D. Perón, facing the Pacific entrance to the Panama Canal. The causeway connects downtown Panama City's Cinta Costera to the islands of Naos, Perico, Culebra, and Flamenco, and is one of the city's most walkable, bike-friendly waterfront strips, popular with boaters, tourists, and restaurant-goers rather than a quiet residential neighborhood. It's a former US military site, Fuerte Amador, reverted to Panama under the Torrijos-Carter Treaties. That history is part of why land tenure here is more complicated than in a purely residential district.

What’s included at Cavarossa

  • Panoramic Canal view
  • Italian design
  • Resort amenities
  • Unique location

Who Cavarossa suits — and who it doesn’t

Buyers who specifically want a walkable, tourist-facing waterfront location with canal and ocean views, and who are comfortable navigating a title picture that's murkier than most of this site's other listings; investors interested in the short-term rental angle if the hotel permit checks out; buyers who value being near restaurants, the marina, and the Biomuseo over a quiet residential setting.

Titled properties are scarce on the Amador Causeway generally, according to multiple broker sources, which is the central risk to understand before buying here, not a footnote. This isn't a historical footnote either: on July 20, 2026, Panama's Unidad Administrativa de Bienes Revertidos (UABR) terminated the development concession held by Naos Harbour Island Inc. on the causeway over an estimated $10 million in unpaid rent, the first cancellation in what the government describes as a wider review of Amador's tourism concessions. That case involves a different parcel, not Cavarossa specifically, but it shows the concession system across the causeway is under active government scrutiny right now, not settled history. We could not verify title status for this specific project, and Amador's history as reverted US military land means concession or lease arrangements are a real possibility rather than a remote one. Delivery status is also unresolved across sources: one listing shows the project as already built in 2025, another shows it still under construction with a 2027 delivery. HOA figures don't reconcile either. One source states "from $165" per month; another shows $2,634.69 per month inside a mortgage-payment calculator example, which reads more like a blended monthly total (principal, interest, taxes, and insurance) than a standalone maintenance fee. Get the real HOA number in writing, and don't assume either figure applies to your unit.

Before you buy at Cavarossa

Title not checked

Developer is The Velopers, the same firm behind Bioma Costa del Este, with a documented sales-velocity track record (their Dovle project in Coco del Mar reportedly sold 170 units in 19 hours) but an on-time delivery record we could not independently verify. Several brokers describe the project as having a hotel permit ready for short-term rentals, but we could not confirm that against a government filing, so have your attorney verify it directly rather than taking a listing's word for it. Before anything else here, confirm the actual title or concession status of the specific unit, not just the causeway generally. Ask for the finca number if one exists, and if it doesn't, understand exactly what form of tenure you're actually buying.

What to check, and how →

FAQ

What's the price range at Cavarossa?

$302,000 to $487,600 on the developer's live availability list as of 8 August 2026, which is roughly $4,600 to $5,467 per square metre. The entry product is a 60 m² one-bedroom; the ceiling is a single 106 m² two-bedroom, the last one of that plan.

An earlier version of this page carried $281,200 to $462,000 and treated the $487,600 quoted elsewhere for the 106 m² unit as ordinary listing variance. It was not variance. It is the developer's price, and our figure was the stale one.

How much is left at Cavarossa?

Ten units as of 8 August 2026. Nine are 60 m² one-bedrooms and one is the 106 m² two-bedroom at $487,600.

That mix tells you what the building is. It was drawn as one-bedroom product for Amador short stays, so if you want family space here there is effectively one apartment left and no second chance at that plan. It also means the resale pool is almost entirely one-bedroom investors competing with each other.

Is the project called Cavarossa or Cavarosa?

Both spellings are in use and they are the same building. The developer, The Velopers, spells it Cavarosa with one s on its own availability list, and several broker listings and at least one portal URL follow that. Other listings, including the source this page was originally built from, use Cavarossa with two.

If you are searching for it or comparing quotes, try both. Two spellings of one project is a common way for buyers to end up thinking there are two developments, or to miss the listing that has the unit they want.

Is land at Cavarossa titled?

We have not verified this for the specific project. What we do know is that multiple broker sources describe titled properties as scarce across the whole Amador Causeway, largely because of its history as reverted US military land. Confirm the exact tenure of the unit you're considering with an attorney before you pay anything.

Who developed Cavarossa?

The Velopers, the same Panama City developer behind Bioma Costa del Este, Dovle Selva and Dovle Cincuentenario in Coco del Mar, Velure in El Cangrejo and Vita. Their earlier project Dovle in Coco del Mar reportedly sold 170 units in 19 hours, which speaks to demand, though we could not independently verify their on-time delivery record.

Does Cavarossa have a hotel or short-term rental permit?

Several broker listings describe it as having a hotel permit ready, which would allow short-term rentals in this tourist-facing part of the city. We could not confirm that claim against a government filing during this research, so treat it as unverified until your attorney checks it directly.

The stakes are the same as anywhere in the distrito de Panamá: Article 21 of Ley 80 de 2012 bans rentals under 45 days without tourist accommodation authorisation, with fines from $5,000 to $50,000. On a building made almost entirely of one-bedroom units aimed at short stays, that permit is most of the investment case.

Is Cavarossa delivered or still under construction?

Sources disagree. One listing shows it as built in 2025; another shows it still under construction with a 2027 delivery date. The developer was still carrying it on a live availability list in August 2026 with ten units unsold. Get the developer's current schedule in writing rather than relying on any listing.

What are the HOA fees at Cavarossa?

Unclear. One source lists fees "from $165" per month. Another shows $2,634.69 per month inside a mortgage-calculator example, which looks like a blended total payment (principal, interest, taxes, insurance) rather than a standalone HOA fee. Get the actual maintenance fee in writing before you buy.

What's it like to live on the Amador Causeway?

Walkable and touristy rather than quietly residential. The causeway connects Panama City's Cinta Costera to the islands of Naos, Perico, Culebra, and Flamenco, and is popular with boaters, cyclists, and restaurant-goers. It suits buyers who want that energy, not those looking for a quiet neighbourhood street.

Other projects in Amador