Neighborhoods
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.
As of October 2026, resale in Coco del Mar has a median of $2,416/m² (444 listings), representative new construction runs about $3,502/m², a rental apartment yields ~9.39% gross per year — per the Vaca Group Residential Market Study (2026-Q4).
- New construction
- $3,502/m²
- Resale (median)
- $2,416/m²444 active listings
- Rent
- $18.90/m²/month
- Gross annual yield
- 9.39%
- Vacancy
- 5–7%
Data updated: October 2026 · Vaca Group Residential Market Study
See all Coco del Mar data ↓Lifestyle
Daily life here is calm and walkable: seaside strolls, nearby Parque Omar, and the restaurants of San Francisco, with quick access to Multiplaza mall and Hospital Punta Pacífica. Families, professionals, and foreign residents choose it for the quiet and the closeness to the financial district.
The real estate market
Single-family mansions and apartments in low-rise boutique buildings dominate; supply is limited and positioned at the upper end of the city market. It draws end-users seeking an oceanfront home and premium-rental investors, with steady rental demand driven by the area's scarcity.
Market data
The Coco del Mar market, in numbers
Own sample: October 22, 2026
- Resale · median $/m²
- $2,416444 unique units
- p25–p75 range · sale
- $1,862–$3,364
- Rent · median $/m²/month
- $18.90176 units
- Gross yield
- 9.39%rent ÷ sale, per m²
- Estimated net
- 5.69%after vacancy, management, HOA and tax
- Unique inventory for sale
- 532
- Listings with a cut
- 11.8%
- New builds · $/m²
- $3,50288 pre-sale listings
By bedrooms (resale, median $/m² · n): 1: $3,298 (n=52) · 2: $3,137 (n=153) · 3: $2,082 (n=208) · 4+: $1,828 (n=27)
Resale: median asking price by area (USD/m², unique units)
Properties in Coco del Mar
Frequently asked questions
- Where is Coco del Mar?
- Coco del Mar sits on the Pacific coast within the San Francisco district of Panama City, between Punta Pacífica and the access road to Costa del Este.
- What kind of properties are in Coco del Mar?
- Coco del Mar is mostly oceanfront mansions and apartments in small, low-rise boutique buildings. It is a low-density area with limited inventory.
- Can a foreigner buy property in Coco del Mar?
- Yes. Foreigners can own property outright in Coco del Mar, and local banks typically finance non-residents with a down payment of around 30%.
- How much does a square meter cost in Coco del Mar (2026)?
- In Coco del Mar, resale has a median of $2,416/m² (444 unique apartments on offer) and new construction runs about $3,502/m². Data as of October 2026 from Vaca Group's Residential Market Study (2026-Q4): own sample of active listings on Encuentra24, Compre o Alquile and the ACOBIR MLS, deduplicated; asking prices, not closings.
- What rental yield does an apartment in Coco del Mar produce?
- An apartment in Coco del Mar generates a gross rental yield of about 9.39% per year (median rent per m² over median resale price per m²), and an estimated net yield of 5.69% after HOA fees, one month of vacancy, management and property tax. Data as of October 2026 from Vaca Group's Residential Market Study (2026-Q4): own sample of active listings on Encuentra24, Compre o Alquile and the ACOBIR MLS, deduplicated; asking prices, not closings.
- Does a property in Coco del Mar qualify for Panama's Qualified Investor visa?
- It depends on its condition and price. Since September 16, 2026, Executive Decree 17 requires US$300,000 if the property is new — first sale, never occupied, transferred by the developer — and US$500,000 if it's resale, with the investment held for 5 years and funded from abroad. In Coco del Mar, much of the luxury inventory clears both thresholds, but every case should be confirmed with an immigration attorney before reserving.
Nearby neighborhoods