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Costa del Este: Panama's Premier Luxury Neighborhood for Expats and Investors

Real Estate2 viewsΒ·February 19, 2025

Experience elegance and comfort in Panama's most exclusive neighborhood. Spacious modern condos with breathtaking city ...

Costa del Este: Panama's Premier Luxury Neighborhood for Expats and Investors

Costa del Este is emerging as Panama's most exclusive neighborhood, offering luxury modern condos with breathtaking city views just 8 to 10 minutes from downtown Panama City and 15 minutes from Tocumen International Airport. This carefully planned suburb combines world-class infrastructure, international amenities, and the safety and sophistication that North American expats seek when relocating to Panama.

What Makes Costa del Este the Premier Expat Destination in Panama

Costa del Este isn't just another Panama City suburb - it's a masterfully planned community that rivals anything you'd find in the United States or Canada. The entire area was designed from the ground up with modern zoning, underground electrical grids, pristine sidewalks, and green spaces throughout. You get that North American sense of order and safety, but with a distinctly Panamanian flavor and way of life. The neighborhood is home to major multinational corporations including Proctor and Gamble, Adidas, Nestle, and Estee Lauder, which means you'll be surrounded by expat professionals and a thriving international business community. What really sets it apart is the walkability - you can stroll through safe, tree-lined corridors at any hour of the day or night without worry. For families and retirees, this combination of safety, infrastructure, and proximity to international amenities is genuinely hard to beat anywhere in Central America.

Costa del Este is located just 8-10 minutes from downtown Panama City and 15 minutes from Tocumen International Airport

Source: DoPanama Real Estate & Relocation

Amenities and Lifestyle: Why Expats Choose Costa del Este

This is where Costa del Este truly shines. The neighborhood features Town Center Mall with shopping, restaurants, and a movie theater that actually shows English-language films - a luxury many expats didn't realize they'd miss. Johns Hopkins International Medicine operates an affiliate hospital nearby, which is huge if you're concerned about healthcare quality. For active families, you've got a massive dog park, bowling alleys, two go-kart parks (indoor and outdoor), paddle ball facilities, a bike and skate park, and turf soccer fields. The dining scene is genuinely impressive with cafes, restaurants, and bars serving international cuisine that goes way beyond typical tourist fare. Whether you're a foodie wanting authentic Italian pasta, Japanese sushi, or farm-to-table dining, Costa del Este delivers. The walking corridor is genuinely special - it's rare in Panama to have a safe, attractive place to walk at night, but this neighborhood nails it. Parents will appreciate the excellent international schools in the area, which is often the deciding factor for families considering Panama relocation.

Panama's cost of living is approximately 30-40% lower than major US cities like Miami or New York

Source: International Living Cost Comparison Index

The Building: Panama's First LEED-Certified Luxury Development

The flagship property featured in Costa del Este is genuinely exceptional - and it holds the distinction of being Panama's first LEED-certified building. This isn't marketing hype; every detail reflects careful craftsmanship from the developers. The moment you step into a model unit, you notice the difference. Floor-to-ceiling windows provide those jaw-dropping city views, but here's the clever part - the sound insulation is so effective you can barely hear traffic from the street outside. The materials throughout are high-end: premium flooring, top-tier kitchens with European appliances, spacious layouts that feel nothing like cramped typical condo units. Available in 443 square meter three-bedroom and larger four-bedroom configurations, these aren't shoebox apartments - they're genuine homes. The social areas are equally impressive: a magnificent tennis court, a full gym, an infinity pool overlooking the city, a spa area, and lounge spaces where residents actually gather and socialize. For families, there's dedicated kids' facilities. The pricing starts at $1.4 million for three-bedroom units and $1.6 million for four-bedroom units - which, considering the quality and location, is competitive for Panama's luxury market.

The development offers three and four-bedroom units ranging from 443-446 square meters with prices starting at $1.4 million

Source: DoPanama Real Estate & Relocation / Developer Patricia Sales Manager

DoPanama's Exclusive Offer: Complimentary Luxury Appliance Package

Here's something that genuinely matters when you're making a major purchase in a foreign country: having expert guidance every step of the way. DoPanama clients who purchase in this building receive a complimentary high-end luxury appliance package included with their purchase - a significant value add that the developer specifically extended to DoPanama clients. But the real value goes way beyond appliances. Austin Hess and the DoPanama team handle everything from initial property viewing through closing and beyond. They connect you with vetted attorneys, arrange pet relocation if you're bringing furry family members, coordinate furniture and vehicle shipping, and guide you through Panama's residency and visa process. All of this is included at no additional cost to you - they generate their income from the real estate transaction itself, so there's alignment in making sure you get a great deal.

Panama offers several residency options including the Pensioner Visa requiring only $1,000 monthly income and the Investor Visa with varying requirements

Source: Panama Ministry of Government / International Living

Panama Real Estate as an Investment: The Numbers Make Sense

Costa del Este real estate isn't just about lifestyle - the investment fundamentals are solid. Panama's economy grows faster than most Latin American countries, the US dollar is the official currency which eliminates currency risk, and the Panama Canal expansion continues driving infrastructure development. Property appreciation in established neighborhoods like Costa del Este has historically outpaced inflation. The rental market is strong too - if you're not using your property full-time, many owners generate income from short-term rentals to tourists and business travelers. Unlike many emerging markets, Panama has a transparent legal system for property ownership by foreigners, established title systems, and clear contract law. The combination of capital appreciation potential, rental income possibility, lifestyle value, and portfolio diversification makes Costa del Este real estate attractive to serious investors, not just lifestyle relocators.

Panama's economy grew at an average of 4.8% annually from 2015-2022, outpacing most regional peers

Source: World Bank Panama Economic Data

The Relocation Reality: What Austin Hess Wants You to Know

Austin Hess, COO of DoPanama, has guided hundreds of expats through this journey. His perspective is refreshing because he's honest about what makes Panama special without the overselling that characterizes some relocation companies. He understands that North Americans are looking for a place that combines safety and infrastructure like home but with better weather, lower cost of living, and a genuine sense of adventure. Costa del Este delivers exactly that. The neighborhood feels simultaneously like a sophisticated suburb you might find outside Miami or San Diego, yet unmistakably Panamanian in culture and vibe. Working with DoPanama means you're getting someone who's actually on the ground, operating out of the Waldorf Astoria in Panama City, available for in-person consultations, and connected to over 100 real estate affiliates throughout the country. If you decide Costa del Este isn't for you, they can show you options in Boquete for cooler mountain living, Coronado for beach lifestyle, or other neighborhoods depending on your priorities.

Panama's healthcare costs are approximately 50-70% lower than equivalent care in the United States

Source: International Living Healthcare Cost Analysis

Getting Started: Your Next Steps

If Costa del Este resonates with you, reaching out to DoPanama is straightforward. You can email info@dopanama.com, call +507 6443-3341, or message them via WhatsApp - they respond quickly to serious inquiries. If you're already in Panama, stop by their headquarters inside the Waldorf Astoria Hotel at level P, right inside the spa entrance, or visit their Hilton location on Avenida Balboa Monday through Friday, 8am to 5pm. Request a viewing of the Costa del Este property and ask about current inventory. Grab a free copy of their restaurant, travel, and lifestyle magazine - it's genuinely useful for understanding expat life in Panama beyond real estate. The entire process moves faster than many expect - from initial inquiry to purchase typically takes 30-90 days depending on financing and due diligence.

Costa del Este represents the intersection of luxury living, smart investment, and practical relocation for North Americans seeking a fresh start outside the US and Canada. The neighborhood combines the safety and infrastructure you're accustomed to with authentic Panama culture, world-class amenities, and genuine financial advantages in cost of living and real estate appreciation potential. Whether you're retiring, investing, or simply seeking better weather and a more relaxed lifestyle, this neighborhood deserves serious consideration. DoPanama Real Estate & Relocation has the expertise, local connections, and commitment to making your transition smooth and successful. Contact them at info@dopanama.com or +507 6443-3341 to schedule a consultation and tour of available properties in Costa del Este and throughout Panama.

Expert Insights

β€œWe assist you throughout your full investment process and also assist you through the full process of your relocation. We connect you with the right attorneys, pet relocation companies, and furniture services - all at no additional cost to you.”

β€” Austin Hess, COO & Lead Relocation Specialist, DoPanama

β€œOperas is unique and is a project that was done with our heart as developers. You can find the best quality of materials, the best view in Panama, and it's the first LEED-certified building in Panama.”

β€” Patricia, Sales Manager for the Developer

β€œCosta del Este is a suburb that has just recently been planned, meaning it has modern arranged spaces and zoning. The electrical grid has been placed underground, there are amazing sidewalks and green areas throughout the community.”

β€” Austin Hess, DoPanama

Frequently Asked Questions

What is Costa del Este in Panama and why do expats choose to live there?

Costa del Este is Panama's most exclusive neighborhood, located 8-10 minutes from downtown Panama City and 15 minutes from the international airport. Expats choose it for the combination of luxury modern infrastructure, safety, international amenities like excellent schools and hospitals, proximity to multinational businesses, and authentic Panamanian culture - all while maintaining the developed-world standards they're accustomed to.

How much do luxury condos cost in Costa del Este, Panama?

Luxury condos in Costa del Este start at $1.4 million for three-bedroom units and $1.6 million for four-bedroom units. These are spacious properties ranging from 443-446 square meters with high-end finishes, premium appliances, and building amenities including pools, gyms, tennis courts, and spas. The developer offers complimentary luxury appliance packages for DoPanama clients.

What amenities and attractions are available in Costa del Este?

Costa del Este features Town Center Mall with shopping and restaurants, Johns Hopkins International Medicine affiliate hospital, dog parks, bowling alleys, go-kart parks (indoor and outdoor), paddle ball facilities, bike and skate park, turf soccer fields, and a safe walking corridor with numerous international restaurants and cafes. International schools are also located in the area, making it ideal for families.

How do I relocate to Panama from the US or Canada?

Panama offers accessible residency options including the Pensioner Visa requiring only $1,000 monthly income and the Investor Visa with varying investment thresholds. Companies like DoPanama handle the entire relocation process including visa assistance, legal connections, pet relocation, shipping arrangements, and real estate transactions. The process typically takes 30-90 days from inquiry to purchase.

Is Panama a good country for expat retirement?

Yes, Panama is increasingly popular for expat retirement due to its low cost of living (30-40% cheaper than major US cities), excellent healthcare at half the US cost, pensioner-friendly visa programs, strong infrastructure, safety in established neighborhoods like Costa del Este, and access to international amenities. The US dollar is the official currency, eliminating currency risk.

What is DoPanama and how can they help with relocation and real estate?

DoPanama Real Estate & Relocation is a licensed and bonded Panama real estate company specializing in helping expats relocate and invest. Led by Austin Hess (COO) and Nalini Navarro Guardia (President/Legal Director), they provide comprehensive services including property tours, investment guidance, visa and residency assistance, legal connections, and logistics support - all included at no additional cost beyond the real estate transaction.

Is it safe to buy real estate in Panama as a foreigner?

Yes, Panama has transparent legal systems for foreign property ownership, established title systems, and clear contract law. Working with a reputable company like DoPanama that provides legal connections and guides you through the process significantly reduces risk. The country has a stable government, consistent property rights enforcement, and a long history of foreign investment.

What schools and healthcare options are available in Costa del Este for families?

Costa del Este has excellent international schools serving the expat community and offers access to Johns Hopkins International Medicine, an affiliate hospital providing high-quality healthcare comparable to US standards. Town Center Mall also features family-friendly amenities including a movie theater with English-language films, kid-friendly restaurants, and parks designed for families.

Key Statistics

Costa del Este is located 8-10 minutes from downtown Panama City and 15 minutes from Tocumen International Airport

Source: DoPanama Real Estate & Relocation (2023)

Panama's cost of living is 30-40% lower than major US cities like Miami or New York

Source: International Living Cost Comparison Index (2023)

Panama's economy grew at an average of 4.8% annually from 2015-2022, outpacing most regional peers

Source: World Bank Panama Economic Data (2022)

Panama's healthcare costs are approximately 50-70% lower than equivalent care in the United States

Source: International Living Healthcare Cost Analysis (2023)

Costa del Este luxury condos start at $1.4 million for three-bedroom units and $1.6 million for four-bedroom units

Source: DoPanama Real Estate & Relocation / Developer (2023)

DoPanama operates with over 100 affiliated real estate agents throughout Panama

Source: DoPanama Real Estate & Relocation (2023)

The Costa del Este property is the first LEED-certified building in Panama

Source: DoPanama Real Estate & Relocation / Developer (2023)

Locations Mentioned

Costa del EstePanama CityTocumen International AirportTown Center MallWaldorf Astoria HotelHilton Hotel on Avenida BalboaBoqueteCoronado

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