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  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
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  • Home
  • Countries

    Top Destinations:

    Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

    • Spain
    • Portugal
    • Panama
    • Belize
    • Colombia
    • Cyprus
    • Mexico
    • France
    • Montenegro
    • Browse All Countries

    Best For:

    • The Best Places To Retire
    • Health Care Abroad
    • Cost Of Living
    • Investing in Real Estate
    • Establishing Residency
    • Gun Laws In The World
    • English-Speaking Countries
    • Safest Places For Retirement
    • Best Places In Latin America
  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
  • Resources

    Global Living

    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore & Diversification

    Making Money

    • International Real Estate
    • Banking
    • Employment
    • Investing

    Follow Us:

    • Meet Our Experts
  • Real Estate

    Buying Real Estate For Cashflow

    • Discover tips and strategies used by global property investing veterans

    Explore Our Latest Posts

    • Learn how to invest and purchase property abroad…

    Go To The Overseas Property Alert Site

    • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
  • Conferences

    Upcoming Events

    • Explore Our Events Site

    Live and Invest In Spain Conference

    Offshore Wealth Summit

    Greece Workshop

    VALENCIA, SPAIN

    Sep. 17-19, 2025

    PANAMA CITY, PANAMA

    Oct. 15-17, 2025

    VIRTUAL

    Nov. 13, 2025

    Learn More About This Event
    Learn More About This Event
    PRE-REGISTER
    Learn More About This Event
    PRE-REGISTER
    • MORE EVENTS

    Contact Our Events Team

    Toll-Free U.S. and Canada:
    1 (888) 627 8834
    From Outside North America:
    1 (443) 599 1221
    Working Hours
    Monday – Friday 08:00 am – 17:00 pm EST.

    Reach us with your questions by email at: events@liveandinvestoverseas.com

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    • Explore Our Store
    Your passport to a life well-lived abroad

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    overseas living letter offers affordable retirement guidance
    The Simon Letter Wealth Protection Insights
    Global Property Advisor Global Investment Opportunities

    Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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Home In Focus: Panama

Exploring Panama City’s Premier Neighborhoods

by Sophia Titley
Dec 01, 2024
in In Focus: Panama, Panama, Real Estate
0 0
Panama City is the capital of Panama. live in panama. living in panama

AdobeStock/JAMES

Twenty years ago, you could have bought almost anything in Panama and felt confident that you’d earn a good return.

That’s no longer the case.

Today, you need to target your investment search.

So, if you’re eyeing a property purchase in Panama City, here are our pick of neighborhoods for you to choose from.

San Francisco

San Francisco is to Panama City what Manhattan is to New York. It’s the commercial, financial, and residential hub of the city. Some of the most exclusive and expensive neighborhoods in the city are found here, like Punta Pacífica and Punta Paitilla.

It’s home to the skylines that characterize Panama City as well as some of the city’s most famous buildings, like the JW Marriott Panama, Atlapa Convention Center, Multiplaza mall, and Hotel Las Americas.

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Most importantly, this is a trendy area with a wide assortment of shops, cafés, restaurants, and nightlife venues. It’s also home to Parque Omar, the Central Park of Panama City, as well as Calle 50, the city’s most important financial and commercial thoroughfare.

Panama’s two best private hospitals—Hospital Punta Pacífica and Hospital Paitilla—are in San Francisco.

This is one of the city’s oldest corregimientos. It’s been developing and modernizing since the 70s, and it’s where Panama’s real estate boom is concentrated.

It’s a rapidly developing area with a mix of homes and high-rise apartments.

San Francisco is a mostly upper-middle- to upper-class area. I see the best play here as an apartment that’s rented on a medium- or long-term basis to this market.

Costa Del Este

Costa del Este is unlike anything else in Panama City…

It’s a 740-acre master-planned suburb that stands out for being the city’s best planned community. In contrast to San Francisco, everything in Costa del Este is new and shiny.

It’s a neighborhood within the corregimiento of Juan Díaz, and it’s found just off the main highway that takes you into Panama City from the international airport.

Also, it’s among Panama City’s most sought-after business and residential addresses, and it offers strong investment potential. A number of national and international companies are based here, which has attracted expats from all over the world—especially those with families.

Spacious, walkable, clean, safe, and turn-key, Costa del Este is both a classic suburb and a truly cosmopolitan neighborhood. It’s also home to Panama City’s newest John Hopkins-affiliated hospital, as well as being just minutes away from a Jack Nicklaus-designed golf course.

On the other hand, prices in Costa del Este are some of the highest in the city, but demand remains strong.

What’s the best play here? Firstly, targeting the executives and employees of multinational corporations, again with medium- to long-term rentals. Buying pre-construction either to sell or to rent at completion can also be an effective and profitable strategy.

In this neighborhood, we’ve got the inside track on an investment opportunity boasting a strong 8.8% annual ROI.

Bella Vista

Bella Vista is a corregimiento made up of some of Panama City’s most important neighborhoods, including Obarrio, Marbella, El Cangrejo, Avenida Balboa, El Carmen, and La Cresta.

Today, it’s been undergoing a major overhaul that involves widening sidewalks, putting power and communication cables underground, improving parks, and more, all designed to craft a young, metropolitan lifestyle.

In short, living here puts you in the heart of the city, with easy access to everything. Calle 50, a major Panama City thoroughfare, runs through it. Also close is Calle Uruguay and its vast selection of bars, restaurants, and clubs.

One of the city’s most popular expat neighborhoods, El Cangrejo, is here. And, it’s close to public transportation, schools, universities, clinics, pharmacies, grocery stores, restaurants and bars, and plenty of green areas.

It’s central, so you can easily reach other areas of the city, and best of all, it’s walkable—one of the few neighborhoods in Panama City that qualifies as such.

Most importantly, I see the best play in Bella Vista as a medium- or long-term rental apartment in El Cangrejo that targets young professionals, millennials, and digital nomads who are attracted by its fun and funky atmosphere.

To smooth travels and successful property buys,

Sophia Titley

Editor, Overseas Property Alert

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Tags: 'Invest Offshore''overseas property investment''panama city''real estate overseas'profits
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Sophia Titley

Sophia Titley

For Sophia Titley, home is a subjective concept. She was born in Singapore but grew up in Indonesia and Saudi Arabia… and has since lived in Canada, Spain, Colombia, and, most recently, Panama. She studied political science and Spanish at the University of British Columbia, and in her free time enjoys trying new recipes, playing soccer, and salsa dancing.

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HOME

Top Countries

  • Spain
  • Portugal
  • Panama
  • Belize
  • Colombia
  • Cyprus
  • Mexico
  • France
  • Montenegro

Best For:

  • Health Care Abroad
  • Retirement Living
  • Cost Of Living
  • Investing in Real Estate
  • Establishing Residency
  • Gun Ownership
  • English Speakers
  • Safety
BROWSE ALL COUNTRIES

Budgets

How Much Will It Cost
To Live Overseas?

Super Cheap

  • Chitré, Panama
  • Santa Marta, Colombia
  • Phuket, Thailand
  • Dumaguete, The Philippines

Cheap

  • Medellin, Colombia
  • Boquete, Panama
  • Kyrenia, Cyprus
  • Hua Hin, Thailand
  • The Algarve, Portugal

Affordable

  • Valencia, Spain
  • Cascais, Portugal
  • Las Terrenas, The DR
  • Pisa, Italy
  • La Rochelle, France
  • Mazatlán, Mexico

Luxury

  • Ambergris Caye, Belize
  • Kotor, Montenegro
  • The Panama City Beaches
  • Paris, France

Resources

Global Living

  • Living & Retiring Overseas
  • Raising A Family Abroad
  • Foreign Residency & Citizenship
  • Offshore & Diversification

Making Money

  • International Real Estate
  • Banking
  • Employment
  • Investing
Meet Our Experts

Real Estate

Overseas Property Alert 

 

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Buying Real Estate For Cashflow

 

Discover tips and strategies used by global property investing veterans

READ MORE

Explore Our Latest Posts

 

Learn how to invest and purchase property abroad…

EXPLORE

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VALENCIA, SPAIN Sep. 17-19, 2025
Learn More About This Event

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PANAMA CITY, PANAMA Oct. 15-17, 2025
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PRE-REGISTER

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VIRTUAL Nov. 13, 2025
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PRE-REGISTER
MORE EVENTS

Contact Our Events Team:

Toll-Free U.S. and Canada:
1 (888) 627 8834

From Outside North America:
1 (443) 599 1221

Working Hours
Monday – Friday 08:00 am – 17:00 pm EST.

Reach us with your questions by email at: events@liveandinvestoverseas.com

Store

Overseas Havens Reports

  • Expats' comprehensive destination guides

Conference Kits

  • Hours of coverage  from our latests conferences

Lahardan Books

  • Titles on living and investing around the world

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