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Neighborhoods

Panama City neighborhoods

Every premium area of the capital has its own character, buyer profile, and price range. Explore the ones we work daily and find where your next property fits.

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Ocean Reef

Ocean Reef is the only residential development built on man-made islands in Panama Bay: two private islands linked to the mainland by a single controlled-access bridge, three minutes from Punta Pacifica. It is Panama City's most exclusive address, created for buyers who want absolute privacy, security and waterfront living without leaving the urban core.

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Altos del Golf

Altos del Golf is one of Panama City's most exclusive residential enclaves: a traditional neighborhood of single-family mansions in San Francisco, set beside Parque Omar. Its leafy, low-density streets have kept their character, as high-rises are effectively barred from the core. It suits buyers who value privacy, space, and long-standing prestige.

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Coco del Mar

Coco del Mar is a low-density residential enclave on the Pacific coast within the San Francisco district of Panama City. It pairs oceanfront mansions with small, boutique low-rise buildings along quiet streets, minutes from Punta Pacífica and the road to Costa del Este. It suits buyers who want privacy and seaside living without high-rise density.

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Santa María

Santa María is one of the most exclusive gated communities in Panama City, built around the Santa María Golf & Country Club and its 18-hole Nicklaus golf course. It brings together mansions, premium residential towers and The Santa Maria hotel, with perimeter security and access to the financial district. It suits buyers who want privacy, golf and long-term value.

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Costa del Este

Costa del Este is a master-planned mini-city east of downtown Panama City, built from the ground up so you can live, work and study in one place. It brings together corporate headquarters, international schools and a Johns Hopkins Medicine-affiliated hospital, alongside oceanfront towers and gated homes. It is one of the capital's most liquid real estate markets.

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Punta Pacífica

Punta Pacífica is the most established vertical-luxury district in Panama City: an oceanfront enclave of high-end residential towers built on land reclaimed from the bay. It brings together the Multiplaza mall, Punta Pacífica Hospital and the JW Marriott tower, making it ideal for buyers and investors who want urban luxury with first-class services.

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Punta Paitilla

Punta Paitilla is a consolidated residential peninsula in Panama City, known for its old-money character and established buildings with generously sized penthouses. It stands apart from newer towers thanks to large floor plans —many from 500 to 700 m² or more— and open views over the bay and skyline. It suits buyers who value space and a settled address over new construction.

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Avenida Balboa

Avenida Balboa is Panama City's waterfront residential corridor, a line of modern high-rise towers set along the bay in the Bella Vista district. Here the Cinta Costera and its miles of linear park meet the convenience of the Obarrio banking district next door. It is an address for those who want sea and city at once.

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Casco Antiguo

Casco Antiguo is the historic colonial quarter of Panama City—also known as San Felipe—a UNESCO World Heritage Site. Its cobblestone streets hold restored lofts and penthouses inside centuries-old buildings, where square meters are scarce and highly prized. It suits buyers who want to live in, or invest in, Panama's most iconic neighborhood.

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Clayton

Clayton is a low-density residential neighborhood in Panama City, set on a former US military base that reverted to Panama after the Canal handover. Today its tree-lined streets hold gated house and townhouse communities, embassies, the City of Knowledge campus and several of the country's top international schools — all with no high-rise towers.

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San Francisco

San Francisco is a central district of Panama City that blends residential living with commercial activity around Parque Omar. Its mix of mid-rise apartments and houses, combined with easy connectivity, makes it a practical choice for buyers who want to be close to everything without giving up green space.

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El Carmen

El Carmen is a central, walkable residential neighborhood in Panama City, set beside the Vía España corridor and served by the Iglesia del Carmen metro station. Defined by mid-rise apartment buildings and steady rental demand, it suits foreign buyers who want a well-connected, everyday-livable base in the city, whether to live in or rent out.

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