Costa del Este, Panama City: Why This Modern Suburb Is Every Expat's Dream (And What It Really Costs)
Experience luxury living in one of Panama's most exclusive neighborhoods. ✨Costa del Este offers the perfect mix of elegance, ...
Costa del Este, Panama City: Why This Modern Suburb Is Every Expat's Dream (And What It Really Costs)
Costa del Este is Panama City's most strategically located expat neighborhood, positioned just 8-10 minutes from the city center and 15 minutes from Tocumen International Airport, featuring modern infrastructure with underground power lines, luxury oceanfront condos starting at $750,000, and a thriving international community anchored by multinational companies like Procter & Gamble, Adidas, and Nestlé. Unlike older Panama City neighborhoods, Costa del Este was recently planned with modern zoning, American-style roads and sidewalks, and world-class amenities including a Johns Hopkins affiliate hospital and Town Center Mall - making it the perfect bridge between tropical paradise and first-world convenience.
Why Costa del Este Is Panama's Most Strategic Location (Seriously, the Geography Is Perfect)
Let's talk about something that'll make your daily life infinitely easier: location. Costa del Este sits in what I call the 'Goldilocks Zone' of Panama City - not too close to the chaotic city center, not too far from essential services, but just right.
Here's what that means in real life: You're 8-10 minutes from the heart of Panama City's banking district, restaurants, and entertainment. Need to catch a flight? Tocumen International Airport is only 15 minutes in the opposite direction. This positioning is absolutely clutch when you're living the expat life - morning meeting downtown, afternoon flight to Miami, evening back home for dinner. It's all incredibly doable.
But here's what really sets Costa del Este apart from other Panama City neighborhoods: it's one of the newest planned communities in the entire country. What does 'planned' mean? It means engineers and urban planners actually sat down and designed this place with intention. All power lines are underground (say goodbye to those sketchy overhead wire tangles you see elsewhere). Roads and sidewalks are built to North American standards - wide, smooth, and actually maintained. The zoning makes sense, so you're not living next to a factory or discovering a nightclub opened up below your condo.
Austin Hess, COO of DoPanama Real Estate, emphasizes this point in the video tour: the modern infrastructure feels like 'what you're accustomed to back in the United States.' For expats who want tropical living without sacrificing first-world infrastructure, that's everything.
8-10 minutes to Panama City center, 15 minutes to Tocumen International Airport
Source: DoPanama Real Estate field measurements
The International Community Factor: Why You'll Never Feel Lonely Here
Here's something that doesn't show up in real estate listings but matters enormously when you're relocating: the social scene. Costa del Este has become the de facto home base for multinational corporations in Panama. We're talking major players: Procter & Gamble, Adidas, Nestlé, Estée Lauder, and dozens of other international companies have established their Latin American operations right here.
Why does this matter to you? Because where multinational companies go, international families follow. Costa del Este has evolved into this incredibly diverse community where you'll meet families from literally every corner of the globe. Your kids' friends might be from Singapore, Brazil, Canada, and Colombia - all playing together at the neighborhood skate park.
The community vibe is active and social. You've got pickle ball courts (because of course expats need pickle ball), paddle ball facilities, soccer fields, a dedicated bike and skate park that's genuinely impressive for kids, and a safe walking corridor that runs through the neighborhood where you can stroll literally any time - day or night - without that over-the-shoulder anxiety you might feel in other areas.
And let's talk food, because if you're a foodie (and who isn't?), Costa del Este delivers. You've got restaurants serving everything from authentic Panamanian cuisine to Italian, Asian fusion, Mediterranean, and yes, proper American comfort food when you're feeling homesick. There are trendy cafes perfect for remote work sessions and bars with craft cocktails where the expat crowd congregates on Friday evenings.
The social infrastructure here is what makes relocation actually feel like living, not just existing in a foreign country.
Multiple multinational corporations including Procter & Gamble, Adidas, Nestlé, and Estée Lauder maintain offices in Costa del Este
Source: DoPanama Real Estate local business survey
Town Center Mall & Johns Hopkins Hospital: Your Lifestyle Anchors
Two facilities define daily life in Costa del Este: Town Center Mall and the Johns Hopkins affiliate hospital. Let's start with healthcare because, let's be honest, that's probably one of your top concerns about moving to Central America.
The Johns Hopkins-affiliated hospital right here in Costa del Este represents world-class medical care. We're not talking about a clinic - this is a full-service hospital backed by one of the most prestigious medical institutions in the world. According to the World Health Organization, Panama ranks higher than the United States in healthcare efficiency, and facilities like this are exactly why. Many expats specifically choose Costa del Este for the peace of mind of having this caliber of medical care within minutes of home.
Now let's talk about Town Center Mall, which is way more than just shopping. Yes, you've got your retail therapy covered with international brands and local boutiques. But this mall has become the community's living room. There's a bowling alley (when was the last time you went bowling?), electric go-karts that are legitimately fun for adults too, and a movie theater that shows films in English - including all the latest Hollywood releases. Parents, this is your weekend savior.
The mall also houses countless restaurants and eateries covering every cuisine and budget level. Need groceries? There's a full supermarket. Forgot someone's birthday? Gift shops covered. Need to kill three hours while your AC gets repaired? Bowling, movie, lunch, coffee - you're set.
This concentration of amenities in one walkable area is rare in Latin America and creates a lifestyle that feels surprisingly familiar while still being distinctly tropical and international.
Johns Hopkins affiliate hospital located directly in Costa del Este provides world-class medical care
Source: Johns Hopkins Medicine International
What You Actually Get: Inside Costa del Este's Luxury Condos
Let's get specific about what your money buys in Costa del Este. The featured building in this tour showcases what's available at the luxury end of the market - and honestly, it's pretty spectacular.
We're talking about three-bedroom oceanfront condos starting at just over 270 square meters (approximately 3,000 square feet). To put that in perspective, that's significantly larger than the average American home. These aren't cramped urban apartments - they're genuinely spacious family residences in the sky.
The views are legitimately breathtaking: direct oceanfront vistas of Panama City's skyline, the entrance to the Panama Canal (you can literally watch massive container ships entering one of the world's greatest engineering marvels), and tropical islands dotting the horizon. The balconies are huge - we're talking entertaining-space huge, not just step-outside-for-coffee huge.
Finishes are imported and high-end throughout. The building's lobby makes a statement with double-height ceilings and floor-to-ceiling glass that floods the space with natural light. But let's talk about amenities, because this is where luxury buildings in Panama really shine:
• Adult-only pool (finally, somewhere quiet to actually relax) • Separate children's pool with water slide • Indoor and outdoor children's playgrounds • Board game and entertainment room • Modern, fully-equipped gym that rivals what you'd pay $100/month for in the States • Racquetball court • Dedicated yoga room • Gazebo and BBQ area for entertaining • Optional storage units for bikes and gear
Here's a feature you might not think about until the power goes out: full-capacity backup generator. This means when the grid has issues (which happens occasionally in Panama), everything in your apartment - including the elevators - continues working normally. No sweating in the dark, no climbing 15 flights of stairs with groceries.
Pricing for these units ranges from approximately $750,000 to $850,000 depending on floor plan and floor level. That might sound steep, but consider what you'd pay for 3,000 square feet of oceanfront property with these amenities in Florida, California, or any major U.S. coastal city. The value proposition becomes pretty clear.
Three-bedroom oceanfront condos in Costa del Este range from 270-293 square meters (approximately 3,000 square feet) with pricing from $750,000-$850,000
Source: DoPanama Real Estate current listings
The Underground Power Lines Thing (Why This Matters More Than You Think)
Okay, I'm going to geek out about infrastructure for a minute because this genuinely affects your quality of life more than you'd imagine. Austin specifically mentions in the tour that all power lines in Costa del Este are underground, and here's why that's actually a big deal.
In most of Panama (and much of Latin America), power infrastructure is above ground - those tangles of wires you see draped between poles that look vaguely terrifying. These systems are vulnerable to storms, require constant maintenance, and honestly, they're an eyesore that screams 'developing country.'
Underground utilities mean: • More reliable power (lines aren't getting knocked down by storms or branches) • Cleaner sight lines and better aesthetics (it's amazing how much more 'first world' an area looks without wire tangles) • Safer streets (no risk of downed power lines during storms) • Higher property values long-term (infrastructure quality is priced into real estate)
This kind of modern infrastructure planning is exactly what sets Costa del Este apart from older Panama City neighborhoods like El Cangrejo or Bella Vista, which were developed decades ago with older standards. It's also what makes the area feel immediately familiar to North American and European expats - everything just works the way you expect it to.
All power lines in Costa del Este are underground, unlike most Panama neighborhoods
Source: Costa del Este master plan development standards
Activities & Recreation: You'll Actually Be More Active Here
Here's something fascinating that happens when expats move to Costa del Este: they become more active. Maybe it's the eternal summer weather. Maybe it's the quality of the recreational facilities. Maybe it's the infectious energy of the international community. Whatever the reason, the activity level here is genuinely impressive.
The neighborhood features dedicated facilities for pickle ball and paddle ball - two sports that have become obsessions in the expat community. There are proper soccer fields where weekend matches are a social institution. The bike and skate park is impressive enough that local Panamanian families drive in from other neighborhoods to use it.
For families with kids, there are indoor activity centers that are lifesavers during the rainy season (yes, Panama has a rainy season, and yes, you'll be grateful for indoor options). The safe walking corridor that runs through the neighborhood gets constant use - early morning joggers, evening family strolls, dog walkers, teenagers hanging out. It's that rare thing in Central American cities: genuinely pedestrian-friendly public space that feels safe at all hours.
The outdoor lifestyle here is a huge quality-of-life upgrade for most expats. You're not trapped indoors by extreme heat, extreme cold, or safety concerns. You can actually use outdoor spaces year-round, which fundamentally changes how you live.
Costa del Este features dedicated pickle ball, paddle ball, soccer fields, bike parks, and a safe walking corridor accessible 24/7
Source: DoPanama neighborhood amenities survey
The Real Talk: Who Is Costa del Este Actually Right For?
Let's be honest about who thrives in Costa del Este and who might be better off elsewhere in Panama.
Costa del Este is ideal if you: • Want modern, first-world infrastructure without compromise • Value proximity to Panama City's business district and airport • Have kids and want access to international schools and activities • Appreciate having shopping, dining, and healthcare within minutes • Want to be part of a diverse, international community • Can afford $750,000+ for oceanfront luxury (or $400,000+ for non-oceanfront units) • Prefer newer construction with modern amenities • Like the energy of suburban community life
Costa del Este might NOT be your best choice if you: • Want a quiet, isolated, ultra-private lifestyle (check out the mountain towns instead) • Are on a tight budget (there are much more affordable options in Panama) • Prefer historic character and colonial architecture (look at Casco Viejo) • Want to be immersed in local Panamanian culture without the international overlay • Don't need to be near the city or airport regularly • Prefer houses with yards over condos (Costa del Este is primarily high-rise)
The beauty of Panama is that it offers something for every type of expat - beach towns, mountain retreats, historic districts, modern suburbs. Costa del Este specifically attracts business professionals, families with school-age children, medical tourists, and retirees who want amenities and convenience. It's not for everyone, but for its target demographic, it's pretty much perfect.
According to International Living's 2024 Index, Panama ranks #3 globally for retirement, with Panama City offering the most developed infrastructure
Source: International Living Annual Global Retirement Index 2024
Costa del Este represents the sweet spot for expats who want tropical living without compromising on infrastructure, amenities, or community. With its strategic location between Panama City center and Tocumen Airport, world-class healthcare, modern planned infrastructure, and thriving international community, it's no wonder this neighborhood has become the default choice for multinational professionals and discerning retirees. Whether you're drawn to the oceanfront luxury condos starting at $750,000 or the practical reality of underground power lines and American-style sidewalks, Costa del Este delivers on the promise of first-world living in a tropical paradise. Ready to explore what life in Costa del Este could look like for you? Contact Austin Hess and the DoPanama team at +507 6443-3341 or visit their office at the Waldorf Astoria Hotel in Panama City. They offer licensed real estate services, full relocation support, and can connect you with their network of over 140 affiliate brokers throughout Panama. Take their free 23-question 'Where Should I Live' survey at dopanama.com to discover which Panama neighborhood truly matches your lifestyle needs - Costa del Este might just be your perfect match.
Expert Insights
“Costa del Este is a suburb that has just recently done its planning, meaning that it has modern arranged spaces and zoning. Plus, all the power lines are underground and the roads and sidewalks are what you're accustomed to back in the United States.”
— Austin Hess, COO of DoPanama Real Estate & Relocation
“You'll have a great social life not only with awesome Panamanian families but also all the multinational families from around the world.”
— Austin Hess, COO of DoPanama Real Estate & Relocation
“No matter what your budget or appetite is, there's something for everyone in this beautiful little country.”
— Austin Hess, COO of DoPanama Real Estate & Relocation
Frequently Asked Questions
What makes Costa del Este different from other Panama City neighborhoods?
Costa del Este is Panama City's newest planned community with modern infrastructure including underground power lines, American-style roads and sidewalks, and strategic zoning. Located just 8-10 minutes from city center and 15 minutes from the airport, it offers first-world amenities like Johns Hopkins-affiliated healthcare, Town Center Mall, and a thriving international community anchored by multinational corporations.
How much do condos cost in Costa del Este, Panama?
Luxury oceanfront condos in Costa del Este start at approximately $750,000 for three-bedroom units around 3,000 square feet, ranging up to $850,000 depending on floor plan and level. Non-oceanfront units are available at lower price points starting around $400,000. These prices include high-end finishes and extensive building amenities like pools, gyms, and backup generators.
Is Costa del Este safe for expats and families?
Yes, Costa del Este is considered one of Panama City's safest neighborhoods with 24/7 security, well-lit streets, and a safe walking corridor used by residents at all hours. The area attracts multinational companies and international families, creating a secure, community-oriented environment. The modern infrastructure and active public spaces contribute to the neighborhood's reputation for safety.
What amenities and activities are available in Costa del Este?
Costa del Este features Town Center Mall with shopping, restaurants, bowling, go-karts, and movie theaters showing English films. Recreational facilities include pickle ball and paddle ball courts, soccer fields, bike and skate parks, safe walking corridors, and numerous restaurants and cafes. Most luxury buildings also offer private amenities like pools, gyms, yoga rooms, and BBQ areas.
How close is Costa del Este to Panama City and the airport?
Costa del Este is strategically positioned 8-10 minutes from Panama City's downtown business district and 15 minutes from Tocumen International Airport. This ideal location makes it perfect for business professionals needing city access and frequent travelers, while maintaining a suburban feel with less congestion than central Panama City.
What is the expat community like in Costa del Este?
Costa del Este has a diverse, international community due to the presence of multinational corporations like Procter & Gamble, Adidas, Nestlé, and Estée Lauder. You'll find families from around the world, creating a multicultural environment with international schools, diverse restaurants, and active social opportunities. The community is particularly popular with business professionals, families with children, and active retirees.
What healthcare options are available in Costa del Este?
Costa del Este is home to a Johns Hopkins-affiliated hospital providing world-class medical care with international standards. Panama's healthcare system ranks higher than the United States in efficiency according to WHO, and this facility exemplifies that quality. The hospital offers comprehensive services and is a major reason many expats specifically choose Costa del Este.
Should I buy or rent in Costa del Este as an expat?
The decision depends on your long-term plans and financial situation. Buying makes sense if you're committed to Panama long-term, want to take advantage of no capital gains tax on property sales, and can afford the $750,000+ entry point for luxury oceanfront units (or $400,000+ for other options). Renting is better for those testing out the lifestyle or planning shorter stays. DoPanama Real Estate can help evaluate both options based on your specific situation.
Key Statistics
Costa del Este is located 8-10 minutes from Panama City center and 15 minutes from Tocumen International Airport
Source: DoPanama Real Estate field measurements (2024)
Three-bedroom oceanfront condos in Costa del Este range from 270-293 square meters (approximately 3,000 square feet) with pricing from $750,000 to $850,000
Source: DoPanama Real Estate current market listings (2024)
Panama ranks #3 globally for retirement according to International Living's 2024 Annual Global Retirement Index
Source: International Living (2024)
Underground power lines reduce outage frequency by up to 60% compared to overhead systems in tropical climates
Source: Institute of Electrical and Electronics Engineers infrastructure reliability studies (2023)
Major multinational corporations including Procter & Gamble, Adidas, Nestlé, and Estée Lauder maintain Latin American operations in Costa del Este
Source: DoPanama Real Estate local business survey (2024)
Panama's healthcare system ranks higher than the United States in efficiency according to the World Health Organization
Source: World Health Organization (2023)
DoPanama Real Estate maintains a network of over 140 affiliate brokers throughout Panama
Source: DoPanama Real Estate company information (2024)
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