In Panama there are some of the most beautiful and exclusive properties in the world. If you want to buy a luxury property here, we have a few places we recommend considering.
What is the best place to buy luxury in Panama?
The best place to live in Panama City will depend on what the client values the most and the lifestyle they are looking for. In Panama there is everything for all tastes, here we will cover the main places to buy luxury in the City.
Panama City
One of the most popular locations and largest luxury real estate markets in Panama is the capital, Panama City.
Located on the Pacific coast, the capital has extensive beaches, a lively nightlife, and a great shopping and gastronomic offer. It is also home to some of the most luxurious properties (and real estate prices) in all of Central America.
The 8 Best Places to Buy Luxury in Panama
1. Ocean Reef Islands
Ocean Reef Islands is a private residential community consisting of two one-of-a-kind artificial islands, of only 137 residential lots, they are the most exclusive residences in Latin America. The project offers spectacular views of the Panama Canal, Casco Antiguo and Costa del Este. This private residential community contains a Heliport, Yacht Club, exclusive Marina and is the only community directly connected to the sea.
Looking to buy or rent in Ocean Reef Islands? Click here for more information
2. Punta Pacífica
Its development has been quite interesting due to the fact that it was developed on land reclaimed from the sea. It is an area surrounded by high-rise towers and skyscrapers. Close to the financial district of Panama City and offers direct access to the South Corridor, one of the main highways.
Are you looking to buy or rent in Punta Pacifica? Click here for more information
3. Costa Del Este
City with residential structures that exhibit a first world design. Its streets are characterized by having an organized and planned scheme, with shopping malls, banks, educational centers, offices, green areas, industrial park and Pacífica Salud Hospital With an incredible view of the sea, access to the main highways, proximity to the city center and the Tocumen International Airport, this area is positioned as one of the main options for living and working. Headquarters of multinational companies such as Diageo Panama, S.A., Deloitte, Inc. and Copa Airlines.
Are you looking to buy or rent in Costa del Este? Click here for more information
4. Santa María
In this area, comfort and safety are part of the lifestyle of its inhabitants. Within its planning, spaces full of modernity and well-being can be observed as they are surrounded by incredible green areas and commercial spaces such as the Business District (business center) and Village Center (exclusive central square). Likewise, the amenities found in its surroundings satisfy the highest demands. With an 18-hole course in an area of 284 hectares, designed by Nicklaus Design, and a Country Club to share with friends and family with sports areas, entertainment, wellness, and services.
Are you looking to buy or rent in Santa María? Click here for more information
5. Punta Paitilla
The exclusive sector of Punta Paitilla, located on a peninsula, is known for its luxury shopping centers. This beachfront residential community is in the heart of the city. Home to skyscrapers, luxury shops, Parque Paitilla boasts views of the Bay of Panama and great cultural attractions including great food, bars and views.
Are you looking to buy or rent in Punta Paitilla? Click here for more information
6. Avenida Balboa
Balboa Avenue is one of the main arteries of the city, as well as being one of the most modern avenues in Latin America. The coastal strip that borders the sea is the city’s largest leisure hub. With a bike path of about 21 km, it is perfect for exercise of all kinds.
Adjacent to the banking area, the financial center of the city is a business area and an area with many restaurants and bars. Close to large stores and shopping centers, your workplace, universities, supermarkets, restaurants and other activities
Looking to buy or rent on Avenida Balboa? Click here for more information
7. Coco del Mar
Coco del Mar borders the Bay of Panama, and has excellent views of the sea and the park. The area has a variety of shopping centers, restaurants and cafes, which manage to create an elegant and calm atmosphere. One of the main attractions in the area is the Omar Torrijos Park, the largest in the city, with a 5 km route.
Looking to buy or rent in Coco del Mar? Click here for more information
8. Casco Viejo
It is one of the oldest areas of Panama City, known as the historic district, and is declared a World Heritage Site by UNESCO. Rebuilt in 1673, this area receives thousands of tourists thanks to its history, restaurants, boutique hotels and much more.
Are you looking to buy or rent in Casco Antiguo? Click here for more information
Whatever your preference, there is a bountiful list of options to choose from. From high-rise apartments to sprawling beachfront mansions, there’s a place to satisfy most’s checklist.
If you are looking for an urban oasis, a spot on one of the best beaches in the country, an urban living experience, a city with all the necessary amenities or an older area with history, culture and diversity, there is a property that is perfect for you.
