Family offices
We source assets against the portfolio's mandate and present only those that pass the price, tenant and title screen.


Panavanti S.A. is a real-estate brokerage in Panama City, license PJ 1411-22. We represent investors and owners who buy, sell or lease.
Panavanti S.A. was founded in 2020 and works out of P.H. Dream Plaza in Costa del Este, Panama City. The founders are Alexandro Carnevali Rojas, with more than 30 years in real estate and construction, and Shai Bar-Ziv, who comes from technology. As of September 16, 2026 we have 96 active listings for sale and rent, among them Plaza CDE in Costa del Este and Casa Donovan in Casco Antiguo.
Four numbers about what we've sold and what we have for sale.
Purchases and sales closed in Panama City.
That is, more than $10,000,000 in closed sales in total.
Total asking price of the properties we have for sale.
Price comparables, property write-ups and the first screen of inquiries.

Co-founder and general manager
Shai comes from technology and runs Panavanti's operation. He built the tools we use to compare prices by neighborhood and asset class, and the ones that publish the inventory on the site every night.

Co-founder and general manager of sales
Alexandro has more than 30 years in real estate and worked in construction before that, so he can read a building site and a sales contract. He co-founded Panavanti in 2020 to build the brokerage he would have wanted to hire as an investor.
Six client profiles and what we do for each.
We source assets against the portfolio's mandate and present only those that pass the price, tenant and title screen.
We sell finished or pre-sale inventory, and we structure partnerships when the developer is looking for a capital partner or a lot.
We source acquisitions and prepare the analysis with NOI, cap rate and comparables by asset class.
If you're buying your first rental apartment or your first retail unit, we walk you through the numbers and the paperwork before the showing.
We coordinate a remote purchase with your lawyer in Panama and run showings by video. If a visa by investment interests you, we point you to the guides and to a lawyer.
We sell or lease the offices and retail units a company no longer uses, and we structure sale-leasebacks when it wants to free up capital without moving.
Two buildings in Casco Antiguo and a plaza in Costa del Este.
Each one has its own site with photos, floor plans and numbers. Plaza CDE has a 7.5% net cap rate. Casa Donovan and Casa Turmalina have 11 units each.

Leased commercial plaza in Costa del Este, 7.5% net cap rate.
We're a licensed brokerage, PJ 1411-22, with an office in Costa del Este. These are the four things an investor notices when working with us.
Real-estate brokerage in Panama City, license PJ 1411-22, founded 2020. We work with local and international investors.
Panavanti Express: Division of Panavanti S.A. for apartments, houses and small retail units.
What we do not do: