Neighborhoods
Costa del Este Luxury Condos, Panama City, Panama
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.
As of October 2026, resale in Costa del Este has a median of $2,530/m² (787 listings), representative new construction runs about $3,430/m², a rental apartment yields ~7.14% gross per year — per the Vaca Group Residential Market Study (2026-Q4).
- New construction
- $3,430/m²
- Resale (median)
- $2,530/m²787 active listings
- Rent
- $15.05/m²/month
- Gross annual yield
- 7.14%
- Vacancy
- 2–4%
Data updated: October 2026 · Vaca Group Residential Market Study
See all Costa del Este data ↓Lifestyle
Daily life mixes offices, restaurants, supermarkets, gyms and parks within walking distance—rare in Panama City. Residents include affluent Panamanian families and foreign professionals drawn by the international schools, the security of gated communities and the easy reach to Tocumen International Airport and the financial district.
The real estate market
The market is mostly tower apartments—from one-bedroom units to oceanfront penthouses—plus houses in gated communities. This is a premium zone, priced above the city average. Rental demand is steady and reliable, driven by corporate executives and expat families on long-term assignments.
Market data
The Costa del Este market, in numbers
Own sample: October 22, 2026
- Resale · median $/m²
- $2,530787 unique units
- p25–p75 range · sale
- $2,171–$3,200
- Rent · median $/m²/month
- $15.05351 units
- Gross yield
- 7.14%rent ÷ sale, per m²
- Estimated net
- 4.00%after vacancy, management, HOA and tax
- Unique inventory for sale
- 934
- Listings with a cut
- 14.1%
- New builds · $/m²
- $3,430147 pre-sale listings
By bedrooms (resale, median $/m² · n): 1: $4,078 (n=50) · 2: $3,296 (n=147) · 3: $2,379 (n=463) · 4+: $2,546 (n=120)
Resale: median asking price by area (USD/m², unique units)
Properties in Costa del Este
New developments in Costa del Este
Pre-saleCosta del EsteMaderoFrom $529,7062–3 bd · 164.55–429.68 m²
Pre-saleCosta del EsteTaguaFrom $1,223,200344–654.92 m²Frequently asked questions
- Why invest in Costa del Este?
- Costa del Este is one of Panama City's most liquid markets: its mix of corporate headquarters, international schools and self-contained services keeps both buyer and rental demand steady. That makes a property here easier to resell or lease.
- What types of property are available in Costa del Este?
- Costa del Este is dominated by oceanfront tower apartments and houses in gated communities. Options range from one-bedroom units suited to rental investment up to penthouses and larger family residences.
- Can a foreigner buy property in Costa del Este?
- Yes. A foreigner can buy property in Costa del Este on the same terms as a Panamanian, with full fee-simple title. For financing, banks typically ask non-residents for a down payment of around 30%.
- How much does a square meter cost in Costa del Este (2026)?
- In Costa del Este, resale has a median of $2,530/m² (787 unique apartments on offer) and new construction runs about $3,430/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 Costa del Este produce?
- An apartment in Costa del Este generates a gross rental yield of about 7.14% per year (median rent per m² over median resale price per m²), and an estimated net yield of 4% 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 Costa del Este 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 Costa del Este, much of the luxury inventory clears both thresholds, but every case should be confirmed with an immigration attorney before reserving.
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