In this Panama Special Report, we bring you the areas of Albrook and Clayton, Panama City.
Both Albrook and Clayton originated as part of the Panama Canal Zone. The infrastructure and neighborhoods were built by U.S. engineers to be used by the U.S. armed forces. When the U.S. government turned the Panama Canal over to the Panamanians 10 years ago, Clayton and Albrook came as part of the package. In the decade since, these two communities have developed into quiet, peaceful residential areas with parks, single-family homes, some of the best schools in Panama, and small retail areas. Perfect if you’re relocating with a family but very appealing, too, if you’re just looking for a more suburban experience.
We understand that living in city-central El Cangrejo, Paitilla, or Marbella, isn’t for everyone. The traffic gridlock, blaring car horns, and endless construction can be hard to take. Maybe you’re looking for a more tranquil place to call home down here in the Hub of the Americas, somewhere that’s both peaceful and quiet and, as well, still supported by the services and amenities of downtown Panama City.
In this case, Clayton and Albrook, two areas only minutes from the city center, are good options.
In this Panama Special Report, we cover the topic of buying real estate and property in Panama, including an exclusive on what you need to know beforehand in order to negotiate and have a smooth purchase process.
Panama is still a developing market—and a relatively unregulated one. This report will help you to navigate the quirks and details of Panama’s property market.
The big news in Panama every February is carnaval. This is the biggest party in Panama each year—more eagerly anticipated than Christmas. During the days of carnaval, thousands of people from every corner of the country dance to earsplitting music, while beautiful parade floats and elaborately dressed carnaval queens saunter down every major avenue of the country.