Neighborhoods
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.
As of July 2026, representative new construction runs about $3,800/m² — per the Vaca Group Residential Market Study (2026-Q3).
- New construction
- $3,800/m²
- Vacancy
- 2–4%
Data updated: July 2026 · Vaca Group Residential Market Study
See all Punta Paitilla data ↓Lifestyle
Daily life in Punta Paitilla pairs residential calm with everything close at hand: the Multicentro mall, restaurants, clinics and schools are minutes away, and the Cinta Costera coastal beltway links it to the rest of the city. It is a walkable, tree-lined, low-turnover neighborhood where residents tend to stay for years.
The real estate market
It appeals to buyers who prioritize floor area and location over brand-new construction: families, established professionals and foreign investors. On a per-square-meter basis it often delivers more space than Punta Pacífica, frequently with renovation upside. Demand is steady for both purchase and long-term rental.
Market data
The Punta Paitilla market, in numbers
Data updated: July 2026
- New construction · $/m²
- $3,800representative project (asking)
- Vacancy
- 2–4%
Its market corridor
Coastal Corridor (Av. Balboa · Paitilla · Punta Pacífica)
| $/m² | 2-bed (sale) | Rent/mo | Gross yield | Vacancy |
|---|---|---|---|---|
| $3,400–4,200 | $345,000–470,000 | $2,100–2,500 | 6.4–7.9% | 2–4% |
Iconic waterfront towers; executives and foreign capital.
Reference new-construction price by area (USD/m²)
Properties in Punta Paitilla
Ask about Punta Paitilla
Frequently asked questions
- What sets Punta Paitilla apart from Punta Pacífica?
- Punta Paitilla is a more consolidated area with established buildings and larger apartments, while Punta Pacífica is concentrated in newer towers. Buyers who want spacious floor plans and a settled location tend to favor Punta Paitilla.
- Can a foreigner buy property in Punta Paitilla?
- Yes. In Panama, foreigners hold full title with the same rights as citizens, including in Punta Paitilla. With local financing, a non-resident buyer typically needs around 30% as a down payment.
- How does renting out a Punta Paitilla apartment as an investment work?
- Punta Paitilla apartments rent well to long-term residents thanks to their space and location. Property management in Panama generally runs about 9%–10% of the monthly rent, with a $100/month minimum, a cost to factor into your return.
- How much does a square meter cost in Punta Paitilla (2026)?
- In Punta Paitilla, representative new construction runs about $3,800/m². Data as of July 2026 from Vaca Group's Residential Market Study, based on portal and ACOBIR MLS listings (asking prices) plus Convivienda and Galería Inmobiliaria figures.
Nearby neighborhoods