Best neighborhoods to live in Panama City

The best neighborhood depends on how you want to live. These are the 8 Panama City neighborhoods and the 3 beaches where we work most, grouped by lifestyle, with what each one offers and how many properties are in our catalog today.

By Kabasso Pieck Real Estate Group · The numbers come from our catalog and update automatically (last updated: 2026-11-01).

On the bay, with ocean views

Punta Pacífica

Luxury oceanfront towers next to Multiplaza mall and Pacífica Salud hospital. One of the most sought-after areas in the city for living with bay views.

Oceanfront · Minutes from Multiplaza · Full-amenity buildings
52 properties available today · for sale from US$425,000 · for rent from US$1,950 a month

Punta Paitilla

One of Panama City’s most established residential neighborhoods, on the bay and steps from the Cinta Costera waterfront. Groceries, schools and restaurants within walking distance.

Bay views · Next to the Cinta Costera · Walkable
44 properties available today · for sale from US$165,000 · for rent from US$1,200 a month

Planned communities, with green space and schools nearby

Costa del Este

A planned community on the east side of the city, with corporate offices, international schools, parks and quick access to the Corredor Sur and the airport.

Planned community · International schools · Close to the airport
25 properties available today · for sale from US$291,400 · for rent from US$1,800 a month

Santa María

A gated community built around the Santa María Golf & Country Club, with homes and residential towers, security and green space, next to Costa del Este.

Golf course · Gated community · Homes and towers
11 properties available today · for sale from US$560,000

La Cresta

A quiet residential neighborhood on a hill, with tree-lined streets, homes and apartments with city views, minutes from Vía España and the financial district.

Quiet and leafy · Homes and apartments · Near the financial district
5 properties available today · for sale from US$875,000 · for rent from US$5,500 a month

Central, close to offices, restaurants and shops

Obarrio

In the heart of the financial district, between Calle 50 and Vía España. Offices, banks, hotels and restaurants, with residential towers close to everything.

Financial district · Offices and retail · Restaurants and hotels
12 properties available today · for sale from US$200,000 · for rent from US$1,438 a month

Marbella

Between Calle 50 and Avenida Balboa, with restaurants, cafés and nightlife. A mix of residential buildings and offices in a very central area.

Very central · Restaurants and nightlife · Near the Cinta Costera
2 properties available today · for sale from US$280,000 · for rent from US$2,500 a month

San Francisco

A residential and commercial neighborhood around Vía Israel and Vía Porras, with Parque Omar, restaurants and shops. Our office is here.

Parque Omar · Shops and restaurants · Our office
6 properties available today · for sale from US$195,000 · for rent from US$1,616 a month

Beach, for weekends or a second home

Coronado

The best-known beach community on Panama’s Pacific coast, about an hour from the city, with a golf course, shops, and homes and apartments by the sea.

About an hour from the city · Golf and shops · Oceanfront
16 properties available today · for sale from US$285,000

Santa Clara

A white-sand beach with calm water in Coclé, more laid-back than the beaches closer to the city. Ideal for a vacation home or apartment.

White sand · Calm water · Relaxed pace
3 properties available today · for sale from US$975,000

Playa Escondida

A resort with a marina and beach on the Caribbean coast, in Colón. Ocean-view apartments for weekends or rental income.

Caribbean coast · Marina · Ocean views
5 properties available today · for sale from US$426,300

How to choose

• Think about where you work and where your children go to school, and how much you want to drive each day.
• Decide whether you want to walk everywhere (Paitilla, Obarrio, Marbella) or prefer a quieter community (Costa del Este, Santa María, La Cresta).
• If it is for relaxing or for rental income, compare the 3 beaches: Coronado and Santa Clara on the Pacific, Playa Escondida on the Caribbean.
• Visit the neighborhood by day and by night before you decide. We will go with you.

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