Top 3 Neighborhoods in Panama City for Expats: Insider Tips from DoPanama's Brokers

Obario and El Cangrejo are seeing a surge of new projects because they offer something rare in Panama City: true walkability. These neighborhoods are hipster havens with parks, paddle courts, and the Soho Mall where you can catch English-language movies. As Austin Hess puts it, "It's a really walkable place, a really hipster place." You've got pickleball, paddle ball, and a constant buzz of energy. For expats who want to be close to the action without a car, this is the spot. Prices for condos in Obario typically range from $150,000 to $400,000 depending on size and amenities, according to recent listings on DoPanama's network.

Costa del Este is a master-planned community that attracts multinational families thanks to its proximity to international schools, hospitals, and corporate headquarters. "It's a really family-oriented place," says Hess. Kids can bike to parks, play in indoor go-kart tracks, and enjoy a bowling alley at the mall. The area is safe, green, and designed for an active outdoor lifestyle. Costa del Este remains one of the most sought-after locations for expat families, with home prices starting around $250,000 for a two-bedroom apartment and going over $1 million for larger villas near the golf course.

For those seeking true luxury, Punta Pacifica offers high-rise towers with sweeping ocean views, a John Hopkins-affiliated hospital, and the upscale Multiplaza Mall. "It's for expats that are looking for a real luxe place here in Panama," explains Hess. The man-made islands of Ocean Reef are just off the coast, adding a resort-like feel. Units in Punta Pacifica often start at $400,000 and can exceed $2 million for penthouse suites with private pools and concierge services. It's a favorite for retirees and high-net-worth individuals who want everything at their doorstep.