Panama real estate market has attracted an ever-increasing number of foreign investors and retirees, and offers tax incentives for their investments.
As with any property purchase, Panama real estate requires extensive research. Understanding property values and spotting scams requires time.
1. Punta Pacifica
Punta Pacifica neighborhood in Panama City is an exquisite mix of luxury and nature, boasting stunning beaches where residents and visitors alike can swim, sunbathe and participate in watersports activities. Additionally, this area features beautiful apartments offering magnificent ocean and city skyline views.
Punta Pacifica boasts an assortment of restaurants, bars, and clubs where you can indulge in delectable food while listening to live music and dancing the night away. Furthermore, two major shopping centers can be found here as well.
Punta Pacifica provides an abundance of activities and attractions, making it a prime location for those searching for real estate investments in Panama. Close to Panama’s financial district and two of its top hospitals, Tocumen International Airport is only 20 minutes away, making Punta Pacifica highly desirable as a purchase location.
Punta Pacifica is an eclectic neighborhood where people from various cultural and religious backgrounds congregate. As you stroll its streets, you may hear many different languages spoken as you pass different cultures and religions. Additionally, the modern infrastructure here allows residents to gaze upward at city skyscrapers without risk of injury.
2. Casco Viejo
Casco Viejo is an idyllic neighborhood on Panama City’s southwestern edge, established and settled after nearly total destruction of its predecessor in 1673 and designated a UNESCO World Heritage Site today. A stroll around its palm-lined streets and four main plazas (Plaza de la Independencia, Plaza Herrera, Plaza Bolivar and Plaza de Francia) will get your wanderlust running wild – its crumbling buildings yearning for new coats of paint next to historical structures that have been transformed into boutique hotels or apartments!
Casco Viejo is home to some iconic buildings. One such structure is the Metropolitan Cathedral – built over 100 years and with its trademark flat arch which is considered an engineering feat. Another must see spot is San Francisco de Asis Church and Convent which served as Panama’s original university from 1674-1767 under its original name of Royal and Pontifical University.
Victor Peretz is an energetic local who takes visitors off the beaten path to show them the forgotten side of Casco Viejo. He will show them where boxer Roberto Duran trained, introduce them to El Chorillo gangsters, and show off a church that features an exquisite flat arch.
3. Costa del Este
Costa del Este is one of Panama City’s affluent neighborhoods and features modern infrastructure and attracts international businesses, making it ideal for expat families looking for an upscale neighborhood close to top schools.
Costa del Este is also an appealing location for professionals seeking an environment in which they can work more comfortably and relax. There are various shopping centers such as Town Center Costa del Este that provide amenities and restaurants. Furthermore, one of the best sports centers in the country – which boasts regulation fields for American Football and Soccer as well as bleachers, bathrooms, locker rooms and more – can be found within its boundaries.
Luxury lifestyle enthusiasts may appreciate the new Marea II condo project in Panama, with stunning views of both Panama Bay and Pacific Ocean. Additionally, restaurants, schools and banks are easily accessible nearby making this property an excellent investment opportunity in Panama.
4. Ocean Reef Islands
Panama is an impressive nation of natural wonders with miles of stunning coastline, tropical islands and lush jungles teeming with wildlife. Additionally, Panama boasts impressive feats of engineering such as the Panama Canal which links Pacific and Atlantic oceans; but one of its most eye-catching achievements comes in the form of an artificial island community right in Panama City itself!
Ocean Reef Islands elevate luxury living, providing an immersive residential experience on two manmade islands located near Panama City’s bustling metropolis. Boasting top-of-the-line amenities including a world-class marina, this project stands apart as an unparalleled residential experience.
Ocean Reef Islands offers luxurious living on two separate islands with 137 lots and features such as a private marina and yacht club for residents to enjoy. Due to its limited availability and exclusive nature, this property presents an excellent investment opportunity.
Location-wise, this community offers residents a beach paradise lifestyle just minutes from the city center. Residents can relax on the beach, go snorkeling in crystal-clear waters or simply read while taking in tropical breezes while listening to tropical tunes. Nearby attractions include Gulf World Marine Park, Pier Park and Shipwreck Island Waterpark – providing something fun for all the family to do and see!
5. Santa Maria
Santa Maria golf community features a range of real estate choices from luxurious condos to single-family homes with stunning views of both its golf course and surrounding coastal mountains.
Outdoor excursions such as white water rafting and rainforest hikes to nearby waterfalls are among the many trips offered through our concierge.
The interior design of the resort strikes a delicate balance between modern luxury and Panama’s rich cultural traditions. Antique furniture and decor is accented with handcrafted artifacts from Reprosa, one of Panama’s premier companies dedicated to maintaining cultural traditions.
Nearby activities and attractions include shopping and fine dining. The Multiplaza Mall provides shoppers with access to global brands. Albrook Mall also boasts more selections, as well as offering movie theatre seating.