Panama City skyline
    Panavanti logo

    Real estate investment in Panama, with a licensed brokerage since 2020

    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.

    Panavanti in numbers

    Four numbers about what we've sold and what we have for sale.

    50+

    closed deals

    Purchases and sales closed in Panama City.

    8

    figures in closed deals

    That is, more than $10,000,000 in closed sales in total.

    US$232M

    in active listings

    Total asking price of the properties we have for sale.

    83%

    of our processes use AI

    Price comparables, property write-ups and the first screen of inquiries.

    Who founded Panavanti

    Shai Bar-Ziv - Co-founder and general manager

    Shai Bar-Ziv

    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.

    Alexandro Carnevali Rojas - Co-founder and general manager of sales

    Alexandro Carnevali Rojas

    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.

    Who we work with

    Six client profiles and what we do for each.

    Family offices

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

    Real-estate developers

    We sell finished or pre-sale inventory, and we structure partnerships when the developer is looking for a capital partner or a lot.

    Investment funds

    We source acquisitions and prepare the analysis with NOI, cap rate and comparables by asset class.

    Individual investors

    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.

    International investors

    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.

    Companies

    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.

    ABOUT

    Panavanti at a glance

    Panavanti S.A.

    Real-estate brokerage in Panama City, license PJ 1411-22, founded 2020. We work with local and international investors.

    • Commercial, mixed-use and redevelopment assets
    • Cap rate and tenant analysis
    • Advice on income properties

    Express and scope

    Panavanti Express: Division of Panavanti S.A. for apartments, houses and small retail units.

    What we do not do:

    • Guarantee investment returns
    • Give tax or legal advice
    • Promote flipping