• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result

Places To Live Well In Panama City

Kathleen Peddicord by Kathleen Peddicord
Mar 29, 2012
in Retirement/Living
0
A skyline view of Panama City with a red sign saying, "Panama. We're Open For Investment."
210
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

The Four Most Affordable Neighborhoods In Panama City (That You’ve Probably Never Heard Of)

“Living in Panama City isn’t cheap, not if you’re talking about the city center,” writes Panama Letter Editor Chris Powers. “Living in popular areas like El Cangrejo, San Francisco, and Costa del Este requires an average budget of no less than US$2,700 per month. And, realistically, you’re likely to spend more than that to enjoy a comfortable lifestyle including dining out frequently and filling your pantry with the imported foods you miss from the United States.

“In recent issues of the Panama Letter, I’ve reported on affordable areas outside the city, but maybe you don’t want to live out in the interior of this country. If being near the city is what you desire, but you don’t want to pay the price of hanging your hat in Casco Viejo or Punta Pacifica, you must be asking yourself, ‘Where do the middle-income locals live?’

“I asked myself the same question when searching for a house to rent in Palm Beach Gardens, Florida, where I lived before moving to Panama three years ago. Palm Beach Gardens, Florida, isn’t cheap either. It wasn’t until I had moved into the area, into an overpriced rental that I’d found online, that I discovered places like North Palm Beach, just around the corner, and Port St. Lucie, a little over a half-hour away. Until I got my feet on the ground and searched the area in person, I wasn’t able to find a comfortable, affordable place to move my family.

“That’s why, for this month’s issue of the Panama Letter, I set out with the specific objective of identifying the most affordable places to live ‘in’ Panama City. I identified four neighborhoods close to the city, considered by many to be part of Panama City, but far more affordable than neighborhoods downtown. With no traffic (fair warning: there’s almost never no traffic anymore, except maybe Sunday mornings), it takes but 20 minutes to get from these four neighborhoods to the world-class hospitals in Paitilla, the fine-dining options in Casco Viejo, the hodge-podge assortment of shops at Albrook Mall, and the hip-and-trendy nightlife along the Amador Causeway.

“I found this jumble of neighborhoods, all located side-by-side along one street, Via Tocumen, when I was searching for an affordable rental for myself. I consider affordable to be US$800 per month or less. It’s not easy to find a nice place in a decent neighborhood for that amount, not in Panama City, and especially not when you need three bedrooms (as I do). But in these four pleasant, safe, friendly neighborhoods, it is.

“Some of these neighborhoods are nicer than the others, and some may not appeal to you, even though they’re cheaper, because they’re closer to less appealing neighborhoods. However, here’s the bottom line: For the money, you won’t find better options this close to Panama City.

“In many ways, these four areas are alike. Infrastructure is top-notch, the roads are smooth, aside from a few potholes, and water is drinkable from the tap. Cable Onda, Cable & Wireless, and Sky provide cable TV, Internet, and phone services.

“I think the best way to approach this is to start with the neighborhood closest to the airport, which happens to be the cheapest of the four I’m highlighting, and then to travel along Via Tocumen, introducing each of these interesting and very affordable places in turn…”

Chris’ complete (and fully illustrated) report on the four neighborhoods he has identified as the best buys for the money in and around Panama City is featured in the April issue of the Panama Letter, in final stages of production now. If you’re a subscriber, look for your copy in your e-mailbox April 1. If you’re not yet a subscriber but Panama is on your radar, get on board here now, in time for this month’s special issue.

Kathleen Peddicord

Comments

Tags: Panama Letter
Share84Tweet53
Previous Post

Purchase Foreign Real Estate

Next Post

Retirement In Uruguay Vs Ecuador

Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

Related Posts

Active senior couple riding bicycles.
How to

8 Things To Consider Before You Commit To Moving Overseas

by Heather McClenahan
March 4, 2021
0

Retirement is looming. With it comes the challenge of deciding where to live. I plan to take the next three...

Read more
Cascais, Lisbon Area, Portugal

Finding Our Dream Life Overseas In Cascais, Portugal

February 26, 2021
Azenhas do Mar, Portugal coastal town.

Portugal: The Best Place To Live Is Also One Of The Safest

February 25, 2021
Riverside in Tavira on a summer morning, Faro District, Algarve, Portugal.

Why Tavira Is The Best Place To Retire In Portugal

February 24, 2021
Cost Of Retirement In Portugal vs. Panama

Cost Of Retirement In Portugal vs. Panama

February 24, 2021
Dordogne, France.

The Challenges Of Living Abroad And How To Overcome Them

February 22, 2021
Beautiful Caribbean sight with turquoise water in Caye Caulker island, Belize.

10 Reasons To Reinvent Your Life In Beautiful Belize

February 17, 2021
Next Post
A Second home Overseas Could be waiting for you in Uruguay

Retirement In Uruguay Vs Ecuador

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

how to retire overseas

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2021

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.