Grupo VerdeAzul develops and manages residential communities, commercial properties, hospitality assets, logistics facilities, and tourism projects in Panama. Its portfolio targets luxury homebuyers, businesses, investors, hotel guests, and surrounding communities, combining property development, ownership, investment, financing, and asset management services.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Buenaventura MarinaRío Hato | 8.9/ 10 | 9.1/ 10 | 7.0/ 10 Navily 4.8/5, 4.3/5, 4.8/5, 4/5, 4/5 · 4 reviews · navily.com Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7. |
The 4.8/5 Google Reviews/Maps aggregate from 126 reviews is the largest published review base and converts to 9.4/10 under the specified curve. The evidence is mainly guest and boating feedback, which is favorable on staff, amenities, cleanliness and protection, but the score is tempered by tide-dependent access and a single serious fire-safety allegation whose current status is not established. Structure and living are separately reported at 9.1 because both have substantial positive commentary, while the resident-year evidence remains limited. | |||
Published boating feedback describes the dock, fasteners, water and power supply as “new and of the highest quality,” and another reviewer called the marina “one of the calmest marinas in Pacific Panama.” The main physical caveat is access: the approach partly dries at low tide and requires tide planning; one residential review separately alleged “Fire safety defects,” but this is a single report rather than a corroborated building-wide finding. | Day-to-day feedback is strongly favorable: reviewers describe Emilio as “super helpful, and friendly,” call the place “quiet, clean, beautiful,” and praise pools, beach clubs, restaurants and other resort amenities. The negative evidence is limited but includes a serious single allegation of “Fire safety defects,” plus complaints about high prices, a disappointing expo and tide-dependent access; the published pages do not establish that the safety allegation was corrected by October 10, 2026. | ||
| The Santa Maria, a Luxury Collection Hotel & Golf Resort, Panama CityPanama City182 units | 8.8/ 10 | 8.6/ 10 Booking.com 9.7/10 · 191 reviews · booking.com Booking.com publishes 9.7/10 from 191 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.6. | 8.1/ 10 Booking.com 9.7/10, 9.2/10, 9.6/10, 9.6/10, 8.8/10, 9.4/10 · 191 reviews · booking.com Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.1. |
Google Reviews/Maps provides the largest published review base and its 4.7/5 rating converts to 9.1 under the specified curve, setting the level. The score is moderated by one serious security report and a service/booking complaint, partly offset by repeated praise for staff, cleanliness, food, pool, golf and other amenities; no structure score is assigned because no infrastructure-specific evidence was published. | |||
no notes returned no links returned | Published guest feedback consistently praises the daily experience: Booking.com reviewers called the staff “outstanding,” the property “extremely clean,” and the pool the “Best pool in Panama City area”; other reviews describe “friendly and professional” service, good rooms and breakfast. The main operational caveats are that the hotel is “a little far from Downtown,” one reviewer found the bar “a bit short staffed,” and Tripadvisor records a serious adjacent armed-robbery incident as well as a separate failed golf-booking/concierge interaction. |
Development partner for Santa Mónica.
Administrator of the work.
Designer of the houses and apartments.
Creator of the master plan and central park.
Creator of the master plan and central park.
Commercial and marketing consultant.
Interim construction bank.
Grupo Su Casa, como socio en el desarrollo del proyecto;
Grupo Su Casa, como socio en el desarrollo del proyecto;
Grupo Su Casa, como socio en el desarrollo del proyecto;
Grupo Céspedes, como administrator of the work.
Grupo Céspedes, como administrator of the work.
Grupo Céspedes, como administrator of the work.
Mallol Arquitectos, como designer of the houses and apartments.
Mallol Arquitectos, como designer of the houses and apartments.
Mallol Arquitectos, como designer of the houses and apartments.
AECOM, como creator of the master plan and central park.
AECOM, como creator of the master plan and central park.
AECOM, como creator of the master plan and central park.
EDSA, como creator of the master plan and central park.
EDSA, como creator of the master plan and central park.
EDSA, como creator of the master plan and central park.
4S Real Estate, como commercial and marketing consultant.
4S Real Estate, como commercial and marketing consultant.
4S Real Estate, como commercial and marketing consultant.
Caja de Ahorros, como interim construction bank.
Caja de Ahorros, como interim construction bank.
Caja de Ahorros, como interim construction bank.
| none found |
| Panama | active 0 projects tracked |
| Hotel | 1 of 3 |
| Other | 1 of 3 |
| Residential, for sale | 1 of 3 |
Bachelor’s degree in Industrial Engineering (1973)
MBA (1974)
Alberto Vallarino Clément
# Alberto Vallarino Clément
Alberto Vallarino served as Executive Director of Grupo Banistmo for 20 years and was General Manager and Executive Vice President of Industria Nacional de Plásticos S.A. (1975-1988) and Metalforma S.A., respectively.
Alberto Vallarino served as Executive Director of Grupo Banistmo for 20 years and was General Manager and Executive Vice President of Industria Nacional de Plásticos S.A. (1975-1988) and Metalforma S.A., respectively.
Alberto Vallarino served as Executive Director of Grupo Banistmo for 20 years and was General Manager and Executive Vice President of Industria Nacional de Plásticos S.A. (1975-1988) and Metalforma S.A., respectively.
President Board of Directors | Grupo VerdeAzul
Alberto Vallarino holds a Bachelor’s degree in Industrial Engineering (1973) and an MBA from Cornell University (1974). He has been the Chairman of Grupo VerdeAzul since 2011.
He is the board chair and the senior institutional figure in the group; the company says his background spans banking, tourism, government and industrial companies.
Alberto Vallarino served as Executive Director of Grupo Banistmo for 20 years and was General Manager and Executive Vice President of Industria Nacional de Plásticos S.A. (1975-1988) and Metalforma S.A., respectively.
Alberto Vallarino served as Executive Director of Grupo Banistmo for 20 years and was General Manager and Executive Vice President of Industria Nacional de Plásticos S.A. (1975-1988) and Metalforma S.A., respectively.
Alberto Vallarino served as Executive Director of Grupo Banistmo for 20 years and was General Manager and Executive Vice President of Industria Nacional de Plásticos S.A. (1975-1988) and Metalforma S.A., respectively.
President Board of Directors | Grupo VerdeAzul
MBA
master’s in Finance and Banking
Bachelor of Science in Operations Research and Industrial Engineering
Diego Vallarino Lewis
# Diego Vallarino Lewis
Before joining Grupo VerdeAzul in 2012, Mr. Vallarino co-founded Futurad, an outdoor digital signage company, and worked as a financial analyst for Banco Santander in Madrid, Spain, from 2010-2012.
Before joining Grupo VerdeAzul in 2012, Mr. Vallarino co-founded Futurad, an outdoor digital signage company, and worked as a financial analyst for Banco Santander in Madrid, Spain, from 2010-2012.
Executive President of Grupo VerdeAzul
Diego Vallarino Lewis is the CEO of Grupo VerdeAzul, a family company focused on investments that promote local community and economic growth.
He runs the group and has led a real-estate, hospitality and infrastructure portfolio; the company attributes more than $300 million in completed projects to him.
Diego Vallarino Lewis is the CEO of Grupo VerdeAzul, a family company focused on investments that promote local community and economic growth.
Before joining Grupo VerdeAzul in 2012, Mr. Vallarino co-founded Futurad, an outdoor digital signage company, and worked as a financial analyst for Banco Santander in Madrid, Spain, from 2010-2012.
Before joining Grupo VerdeAzul in 2012, Mr. Vallarino co-founded Futurad, an outdoor digital signage company, and worked as a financial analyst for Banco Santander in Madrid, Spain, from 2010-2012.
Executive President of Grupo VerdeAzul
Bachelor of Arts in Sociology (2004)
Ana María Vallarino
# Ana María Vallarino
Chief Innovation Officer
She leads innovation while also holding senior social-impact and governance roles; her experience covers tourism, real estate and nonprofit leadership.
Previously, she held leadership positions within Grupo VerdeAzul, overseeing the development and commercialization of Panama's real estate and tourism projects.
Previously, she held leadership positions within Grupo VerdeAzul, overseeing the development and commercialization of Panama's real estate and tourism projects.
Previously, she held leadership positions within Grupo VerdeAzul, overseeing the development and commercialization of Panama's real estate and tourism projects.
Chief Innovation Officer
MBA (Beta Gamma Sigma)
MA in International Relations
BA in Economics
Diego Ferrer
# Diego Ferrer
Before joining GVA, Diego Ferrer served from 2010 to 2012 as Deputy Director of the Public Credit Directorate and Deputy Director of the Investments, Concessions, and State Risks Directorate at the Ministry of Economy and Finance of the Republic of Panama. Earlier in his career, Diego Ferrer served as an Economic and Commercial Counselor at the Embassy of Panama in Washington D.C. (2006-2009) and worked at Banco General (2004-2006).
Before joining GVA, Diego Ferrer served from 2010 to 2012 as Deputy Director of the Public Credit Directorate and Deputy Director of the Investments, Concessions, and State Risks Directorate at the Ministry of Economy and Finance of the Republic of Panama. Earlier in his career, Diego Ferrer served as an Economic and Commercial Counselor at the Embassy of Panama in Washington D.C. (2006-2009) and worked at Banco General (2004-2006).
Before joining GVA, Diego Ferrer served from 2010 to 2012 as Deputy Director of the Public Credit Directorate and Deputy Director of the Investments, Concessions, and State Risks Directorate at the Ministry of Economy and Finance of the Republic of Panama. Earlier in his career, Diego Ferrer served as an Economic and Commercial Counselor at the Embassy of Panama in Washington D.C. (2006-2009) and worked at Banco General (2004-2006).
VP of Finance of Grupo VerdeAzul and VP of Operations
Diego Ferrer has been with GVA since 2012 as a senior management team member and currently holds the position of Vice President of Finance.
He is the group’s finance and operations executive, overseeing finance, accounting, legal and technology and serving on boards of several group companies.
He is responsible for managing the finances of GVA and all its subsidiaries and the group's investment portfolio.
He is responsible for managing the finances of GVA and all its subsidiaries and the group's investment portfolio.
He is responsible for managing the finances of GVA and all its subsidiaries and the group's investment portfolio.
VP of Finance of Grupo VerdeAzul and VP of Operations
MBA (2011, Beta Gamma Sigma)
degrees in Engineering and Economics (2005)
Adrián Arias
# Adrián Arias
Before joining Grupo VerdeAzul, Adrián worked as the Strategic Planning Manager at Copa Airlines (2006-2010), where he was responsible for developing the company’s growth strategy. He also worked in the Panamanian real estate sector as a member of Arco Properties.
Before joining Grupo VerdeAzul, Adrián worked as the Strategic Planning Manager at Copa Airlines (2006-2010), where he was responsible for developing the company’s growth strategy. He also worked in the Panamanian real estate sector as a member of Arco Properties.
VP of Investments of Grupo VerdeAzul
Adrián Arias has been part of PTL Group since its founding in 2011.
He is the investment executive responsible for monitoring the group portfolio; his documented prior experience includes airline strategy and Panamanian real estate.
Before joining Grupo VerdeAzul, Adrián worked as the Strategic Planning Manager at Copa Airlines (2006-2010), where he was responsible for developing the company’s growth strategy.
Before joining Grupo VerdeAzul, Adrián worked as the Strategic Planning Manager at Copa Airlines (2006-2010), where he was responsible for developing the company’s growth strategy.
Before joining Grupo VerdeAzul, Adrián worked as the Strategic Planning Manager at Copa Airlines (2006-2010), where he was responsible for developing the company’s growth strategy.
VP of Investments of Grupo VerdeAzul
Bachelor's degree in Architecture (2001)
Master’s degree in Construction Project Management
MBA
Carla Palm
# Carla Palm
Director of Real Estate Projects- Grupo VerdeAzul
Since 2013, she has been part of the Grupo VerdeAzul team, where she has contributed to the development of key initiatives and the strengthening of the company's strategic vision.
She leads real-estate projects with a sustainability and delivery focus, combining architecture, construction management and development experience.
Since 2013, she has been part of the Grupo VerdeAzul team, where she has contributed to the development of key initiatives and the strengthening of the company's strategic vision.
Since 2013, she has been part of the Grupo VerdeAzul team, where she has contributed to the development of key initiatives and the strengthening of the company's strategic vision.
Since 2013, she has been part of the Grupo VerdeAzul team, where she has contributed to the development of key initiatives and the strengthening of the company's strategic vision.
Director of Real Estate Projects- Grupo VerdeAzul
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The Santa Maria, a Luxury Collection Hotel & Golf Resort, Panama City | Panama City | hotel | 1821 | seven | 25,630 m² | USD 45m other | — | 2018 | the first quarter of 2018 | Feb 2018 | Feb 2018 | 0.0 mo (0.0 to 0.0) | sourced | completed |
| Buenaventura Marina | Río Hato | other | — | — | — | — | — | 2016 | 29/10/2016 | — | Jan 2018 – Dec 2018 | — | not scorable | completed |
| Santa María Court | Panama City | residential for sale | — | — | — | — | — | — | — | — | Jan 2017 – Dec 2017 | — | not scorable | completed |
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 10, 2026 this month |
| Profile last researched | October 10, 2026 |
| Claim |