PH Cancún

PH Cancún stands 15 floors over Obarrio, in central Panama City, and holds 50 apartments. The building was finished in 1984, which puts a long chain of transfers behind each apartment — a chain that is public record.

Vía Argentina station on Metro Line 1 sits a short walk from the address, so a household here reaches the city centre without a car. Sale listings put the apartment at 116 m² with two bedrooms, and describe a pool, a gym, a party room and a barbecue terrace alongside the playground that appears on the registry file.

Fifty owners carry all of that. Those same 50 make up the assembly that decides what the building spends and when it repairs, and every shared space here is maintained out of 50 contributions rather than several hundred.