The Ultimate Family Compound in Coronado, Panama: 2 Homes, 2 Pools, and Golf Course Living
Two homes, two pools—double the fun in Coronado, Panama! Perfect for big families, hosting unforgettable gatherings or the ...
The Ultimate Family Compound in Coronado, Panama: 2 Homes, 2 Pools, and Golf Course Living
Want to own two stunning homes on one connected property with separate pools, golf course views, and the flexibility to host your entire family or guests year-round? Coronado, Panama offers a rare dual-property compound just steps from an 18-hole championship golf course, where you can purchase two separate homes at a significant combined discount compared to buying them individually. This isn't just a real estate investment - it's a lifestyle upgrade for families looking to create lasting memories in one of Panama's most sought-after coastal communities.
What Makes This Coronado Compound Special
This isn't your typical Panama property listing. You're looking at two fully built homes designed to function as a single compound, originally developed as one integrated project. The principal home is a spacious three-bedroom residence with ensuite bathrooms in every bedroom, a generous master suite with outdoor terrace access, and a dedicated loft area for guests. The adjacent two-story home offers two ground-floor bedrooms with ensuite baths plus a stunning master bedroom on the second floor that overlooks the golf course. What really sets this property apart is the seamless backyard integration - there's an adult pool with a full terrace, habachi table, and barbecue area, plus a separate kids' pool connected to the second home. The properties total 1,600 square meters on the first lot and just over 1,700 square meters on the second lot, giving you generous outdoor space for family gatherings, entertaining, or just pure relaxation under the Panamanian sun.
3,700+ sq ft main home and 5,500+ sq ft secondary home
Source: DoPanama Property Listing
Coronado: Panama's Premier Beach Community
Coronado sits about 60-75 minutes from Panama City (depending on your driving style), making it accessible for business travelers while offering that coveted escape-to-paradise feel. The area has exploded in popularity over the last decade, attracting both international expats and wealthy Panamanian families seeking weekend getaways. What you'll find here goes way beyond golf - there's world-class surfing just minutes away with consistent waves that attract surfers from around the world, excellent hiking in the nearby mountain ranges, tennis and pickleball courts, horseback riding opportunities, and a genuinely thriving restaurant scene. You've got Luna Rosa for incredible Italian cuisine, Nesca Bente Uno (NASA 21) for authentic Peruvian food, and Gold Cask Brewery for craft beer and casual dining. The community itself is incredibly welcoming - people here are united by a love of the outdoors, good food, and a slower pace of life. There's live music and karaoke happening throughout the week at various spots, making it easy to build genuine friendships with both expats and locals who speak English.
Coronado is approximately 1 hour from Panama City
Source: DoPanama Travel Times
Family-Friendly Infrastructure and Schools
One of the biggest concerns for expat families considering Panama is education, and Coronado delivers on this front. The area has well-established English-speaking international schools that provide quality education while creating a vibrant social network for expat children. Your kids won't just get a solid education - they'll have built-in friendships with other expat families going through the same relocation experience. Beyond schools, the infrastructure supports families beautifully. Casa Swell, a highly-rated resort just minutes from the Coronado Golf Club, is perfect for exploratory trips if you're still in the research phase. The roads have improved significantly with the new highway and overpass over Terrena, making commutes easier and the area more accessible than ever before.
English-speaking international schools available in Coronado area
Source: DoPanama Relocation Services
The Investment Angle: Smart Panama Real Estate
Here's what makes this property compelling from an investment perspective. Each home individually lists at 500,000 USD, but when purchased together as designed, they come at a significant discount. This dual-structure creates multiple revenue possibilities: rent one home as a short-term vacation rental while living in the other, keep both for family use and occasionally rent during peak seasons, or maintain them as a legacy property for multi-generational family gatherings. Panama's real estate market has remained remarkably stable compared to North American counterparts, with consistent appreciation in desirable locations like Coronado. Additionally, Panama offers several residency visa programs that can include real estate investment requirements, making property ownership part of your residency strategy. The golf course location adds inherent value - golf course properties consistently outperform in terms of appreciation and rental demand.
Combined pricing offers significant discount vs. individual 500K purchases
Source: DoPanama Real Estate Listing
Beyond the Property: Panama's Lifestyle Benefits
Why are thousands of North Americans relocating to Panama annually? Cost of living plays a role - you can live comfortably here for a fraction of what you'd spend in the US or Canada - but there's something deeper happening. People are seeking year-round sunshine, walkable beach communities, robust international communities, and a place where you can genuinely slow down without sacrificing modern amenities. Coronado captures all of this perfectly. You can walk on the beach in the morning, play golf in the afternoon, enjoy fresh ceviche at a beachside restaurant for dinner, and be surrounded by people from dozens of countries who've made the same lifestyle choice. The Panamanian culture is welcoming to foreigners, English is widely spoken in expat areas, and there's no culture shock unlike relocating to some other countries. Healthcare is world-class and affordable, with many doctors trained in the US. Your US dollar goes significantly further, and there's a vibrant community of successful expats who are happy to mentor newcomers.
Panama offers multiple residency visa programs including real estate investment options
Source: Panama Government Immigration Authority
Next Steps: How to Move Forward
If this property resonates with you, or if you're exploring whether Panama and Coronado are right for your family, DoPanama Real Estate & Relocation has you covered. Start with their free 23-question relocation survey (takes about 3-5 minutes) that matches your lifestyle preferences with ideal Panama locations. Based on your answers, their team will send curated information and schedule a complimentary 30-minute consultation via Zoom with Austin Hess or a relocation specialist. If you're ready to schedule a viewing of this Coronado property, contact them directly. And if you're already in Panama, their main office is inside the Waldorf Astoria Hotel in Panama City (Level P, just inside the spa entrance), with additional staff available at the Hilton Hotel on Avenida Balboa Monday through Friday, 8am-5pm. They manage a network of over 100 affiliates across Panama, so whether you're interested in this specific property or exploring other options in Boquete, Bocas del Toro, El Valle, or elsewhere, they have comprehensive listings and expert guidance.
DoPanama network includes 100+ affiliates across Panama
Source: DoPanama Real Estate & Relocation
This Coronado compound represents more than a real estate transaction - it's an invitation to reimagine family life in one of the world's most desirable expat destinations. Whether you're seeking a multi-generational gathering place, a retirement haven with investment potential, or a vacation property that generates income during peak seasons, this dual-home setup on the golf course delivers flexibility that single-property purchases simply cannot match. The area continues to appreciate in value, the lifestyle is genuinely rewarding, and the infrastructure supports families beautifully. Contact DoPanama Real Estate & Relocation today to schedule a viewing, take their free relocation survey, or get on the calendar for a consultation with Austin Hess. Your Panama dream might be closer than you think.
Expert Insights
“These homes can be purchased separately at a half a million dollars each however when you purchase them together they are coming to you at a significant discount.”
— Austin Hess, COO and Lead Relocation Specialist, DoPanama Real Estate & Relocation
“This area is perfect for those looking for absolute nature relaxation and of course a golf course in your backyard plus if you're into surfing you'll be happy to know that there's a great Surf Wave just minutes Drive down the road.”
— Austin Hess, DoPanama
“My favorite part about this area of Panama has got to be the community the people in Coronado are absolutely amazing everybody's looking for relaxation and good times and there's lots of groups for all types of sporting activities.”
— Austin Hess, DoPanama
Frequently Asked Questions
Can I buy two homes on one property in Panama, and is it a good investment?
Yes, this Coronado property features two connected homes on separate but adjacent lots that function as one compound. Purchasing them together offers significant savings compared to buying separately. From an investment perspective, dual-property compounds appeal to buyers seeking multi-generational family use, rental income potential, or legacy properties - and they consistently appreciate in desirable locations like Coronado.
What is it like living in Coronado, Panama as an expat family?
Coronado offers a thriving expat community with English-speaking schools, excellent restaurants, world-class golf and surfing, and a genuinely welcoming culture. Families appreciate the balance between modern amenities and relaxed coastal living, plus the strong network of other expat families going through similar relocations. The area maintains that sweet spot of being close enough to Panama City for city amenities but far enough away for a genuine lifestyle change.
How far is Coronado from Panama City, and is it accessible?
Coronado is about 60-75 minutes from Panama City depending on traffic, with recent highway improvements reducing that time to under one hour. The improved road infrastructure makes it very accessible for business trips to the capital while maintaining its peaceful beach-town vibe.
What activities and amenities are available in Coronado, Panama?
Coronado offers championship golf, world-class surfing, hiking in nearby mountains, tennis, pickleball, horseback riding, and an excellent restaurant scene including Luna Rosa, NASA 21, and Gold Cask Brewery. There's regular live music, karaoke, and a vibrant sports community, making it easy to stay active and social.
Can I get residency in Panama through real estate investment?
Yes, Panama offers multiple residency visa programs including investor visas that can incorporate real estate purchases. Real estate ownership can be leveraged as part of your residency application, making property investment serve dual purposes - lifestyle and legal status.
How much does it cost to live in Panama compared to the US?
Cost of living in Panama is typically 30-50% lower than the United States, depending on your lifestyle choices. Healthcare is 50-70% cheaper, making Panama particularly attractive for retirees and families seeking to stretch their dollars further while maintaining quality of life.
Are there good international schools in Coronado, Panama?
Yes, Coronado has well-established English-speaking international schools that provide quality education while creating built-in social networks for expat children. Your kids will have both a strong academic experience and immediate friendships with other expat families.
What makes this dual-property compound special compared to single-home purchases?
This compound offers flexibility that single properties cannot match - you can live in one home while generating income from the other, host extended family while maintaining your private space, or develop two distinct living areas. The two pools, combined outdoor spaces, and original integrated design create a unique lifestyle opportunity at a discounted combined price.
Key Statistics
Coronado is approximately 60-75 minutes from Panama City depending on traffic and driving style, with recent highway improvements reducing travel time to under 1 hour
Source: DoPanama Real Estate & Relocation (2024)
Panama's cost of living is approximately 30-50% lower than the United States
Source: International Living Cost of Living Index (2024)
Property size: 1,600 sq meters (first lot) and 1,700+ sq meters (second lot) with primary home at 350 sq meters (3,700+ sq ft) and secondary home at 515 sq meters (5,500+ sq ft)
Source: DoPanama Property Listing (2024)
Individual home price: 500,000 USD each, with significant discount when purchased together as a compound
Source: DoPanama Real Estate & Relocation (2024)
Panama offers multiple residency visa programs including pensioner visas, investors visas, and property ownership options starting from 120,000 USD
Source: Panama Immigration Authority (2024)
Healthcare costs in Panama are 50-70% lower than the United States with many physicians US-trained
Source: International Living Panama Guide (2024)
Coronado has been the fastest-growing expat community in Panama over the last decade
Source: DoPanama Relocation Services (2024)
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