Where to live in Panama in 2023?

Panama is a great country for those looking for a mix of natural beauty, modern amenities, and a high quality of life. As of 2023, there are a variety of places in Panama that are worth considering for those looking to relocate.

Maybe you are a retiree looking for a peaceful and relaxing lifestyle or you are a young professional seeking for opportunities, or maybe you are an expat which is coming to the country for work reasons.  We think Panama has something to offer for everyone, either in specific areas of the city or in the beach towns.

Popular places in Panama City

Panama City, the vibrant capital of Panama, offers an array of attractive neighborhoods and districts that cater to different lifestyles and preferences. If you’re considering a move to the capital, here are some of the most convenient places:

Punta Pacifica:

Punta Pacifica is a modern and upscale neighborhood located along the Pacific coastline. It is known for its luxury high-rise condominiums and proximity to the coast. Living in Punta Pacifica provides a great lifestyle with its nearby amenities, including exclusive shopping malls, high-end restaurants, and private hospitals. This waterfront district offers stunning views of the Pacific Ocean and easy access to the city’s financial center, making it a popular choice for business professionals and expats.

Costa del Este:

Costa del Este is a developing residential and business area that caters to families and individuals looking for a suburban lifestyle close to the city center, or for those who have a job within the area. This planned community has wide tree-lined streets, well-maintained parks, and a variety of residential options, including single-family homes and apartments. Costa del Este features excellent schools, modern shopping centers, and a range of recreational facilities. With its easy access to one of the major highways of the city (Corredor Sur), residents can quickly reach the other city districts of Panama City, as well as the airport.

San Francisco:

San Francisco, for many years has been a well-established neighborhood that offers a perfect balance between urban convenience and a residential atmosphere. Located in the center of the city, it is characterized by its mix of residential buildings and commercial areas. San Francisco is renowned for its diverse dining options, trendy cafes, and boutique shops. The neighborhood also features one of the biggest parks in the city (Parque Omar) providing opportunities for outdoor activities at any time. Living in San Francisco means being within walking distance of amenities, including supermarkets, gyms, and entertainment venues.

Obarrio:

Obarrio is a central neighborhood known for being the banking sector of the city, it contains a lot of commercial activity and high-rise office buildings, and it is a prime location for those seeking a urban lifestyle. Like in San Francisco, Obarrio also offers a wide range of dining options, from international cuisine to local eateries, as well as shopping centers and other types of entertaiment. The neighborhood’s strategic location provides easy access to all major areas and roads, allowing for convenient commuting within the city. It is an excellent choice for young professionals and individuals who want to be at the center of the city’s action.

Popular places in Panama Beach Communities:

Coronado:

Coronado, situated along the Pacific coast, is a well-developed beach community that has attracted many expatriates and retirees. It offers a wide range of real estate options, from luxury beachfront homes to modern condominiums. Coronado has a wide beach of easy access, a pleasant tropical climate, and a variety of amenities including supermarkets, restaurants and medical facilities. The community has a lively social scene with numerous clubs and organizations, making it an excellent choice for those looking for an active and welcoming beach community.

Buenaventura:

Also located on the Pacific coast, Buenaventura is a high-end residential and resort development that offers a luxurious beachfront lifestyle, with a beautiful beach with soft sand and clear waters, providing an ideal setting for relaxation and water activities. The community features upscale residential properties, including beachfront villas, condos, and luxury estates. One of the highlights of Buenaventura is its championship golf course, but also it offers a lot of other amenities such as gourmet restaurants, sport clubs, gym, swimming pools, tennis courts and other recreational activities.

As you consider where to live in Panama, keep in mind your lifestyle preferences, budget, and proximity to amenities and attractions that matter most to you. With its diverse neighborhoods and lots of options, Panama City and its nearest beach towns offers something for everyone.