Real Estate in Panama City – Live and Invest in Central America’s Most Dynamic Metropolis
A modern city with a tropical lifestyle
Panama City, capital of Panama, sits on the Pacific coast and is one of Latin America’s most modern, international and economically stable cities. With its striking skyline, colonial charm, favourable tax climate and strategic location at the Panama Canal, the city has become a hotspot for global investors, expats and second-home buyers.
Why invest in real estate in Panama City?
1. A strong economy and dollar-based currency
Panama’s economy is stable, business-friendly and uses the US dollar as its official currency, eliminating exchange-rate risks for international buyers.
2. Excellent infrastructure
Panama City offers modern healthcare, international schools, a growing metro system, large shopping centres and a skyline that rivals major global cities.
3. Attractive property prices
Compared to major North American and European cities, real estate in Panama City remains highly competitive and offers strong value for money.
4. High rental demand
Thousands of expats, executives and professionals relocate to Panama City each year, creating a robust long-term rental market with consistent demand.
The real estate market in Panama City
Popular property types include:
- High-rise condos with ocean and skyline views
- Luxury penthouses in prestigious towers
- New developments in emerging districts
- Properties near business hubs for expat rentals
- Restored apartments in Casco Viejo suited for boutique or tourist rentals
Key neighbourhoods:
- Punta Pacifica – upscale, exclusive, amenity-rich
- Costa del Este – modern, family-friendly, highly sought-after
- Avenida Balboa – iconic waterfront living
- Casco Viejo – historical, cultural, architecturally unique
Living in Panama City
Life in Panama City means:
- Warm tropical weather all year
- A diverse international community
- Vibrant culture, dining and nightlife
- Easy access to beaches, rainforests and national parks
- A safe, modern and cosmopolitan setting
The city offers an ideal mix of opportunity and tropical lifestyle.
Investing in Panama City real estate
Investor advantages include:
- High rental yields driven by expat demand
- Stable long-term appreciation
- Attractive entry prices for modern buildings
- Foreign-friendly property laws
- Potential tax incentives, depending on the project
Panama City is an excellent market for rental income and long-term capital growth.
