Panama City, Panama, is a bustling metropolis that offers a mix of modernity and tradition, making it an attractive destination for expats and locals alike. Each neighborhood in Panama City has its own unique charm, amenities, and lifestyle. This guide will help you navigate the diverse neighborhoods of Panama City, highlighting their key features, proximity to important locations, dining options, schools, and housing costs.
Casco Viejo
Known For: Historic charm, nightlife, cultural attractions
Overview: Casco Viejo, also known as San Felipe, is the historic district of Panama City. This UNESCO World Heritage Site is known for its colonial architecture, cobblestone streets, and vibrant nightlife. The area is filled with historical landmarks, art galleries, boutique hotels, and trendy cafes.
Proximity:
- To Panama Canal: 15-minute drive
- To Downtown: 10-minute drive
Dining: Casco Viejo boasts a variety of dining options, from gourmet restaurants like Donde José to casual eateries and rooftop bars offering stunning views of the city.
Schools: While there are no schools within Casco Viejo itself, the nearby areas of Bella Vista and San Francisco offer several reputable international schools.
Housing Costs: Casco Viejo is one of the more expensive areas to live in Panama City, with rental prices for a one-bedroom apartment ranging from $1,200 to $2,500 per month. Buying property here can cost between $2,500 and $4,000 per square meter.
Punta Pacifica
Known For: Luxury living, modern amenities, high-rise apartments
Overview: Punta Pacifica is one of Panama City’s most upscale neighborhoods, characterized by its luxury high-rise apartments and ocean views. This area is popular among expats and affluent locals due to its modern amenities and proximity to major business centers.
Proximity:
- To Panama Canal: 20-minute drive
- To Downtown: 5-minute drive
Dining: The neighborhood offers a variety of upscale dining options, including Maito, La Vespa Ristorante, and several international cuisine restaurants within the nearby Multiplaza Mall.
Schools: Punta Pacifica is close to some of the best international schools in the city, such as the International School of Panama and Balboa Academy.
Housing Costs: Renting a one-bedroom apartment in Punta Pacifica ranges from $1,500 to $3,000 per month. Property prices range from $2,800 to $4,500 per square meter.
El Cangrejo
Known For: Bohemian vibe, walkability, diverse dining
Overview: El Cangrejo is a vibrant and eclectic neighborhood known for its bohemian atmosphere, tree-lined streets, and diverse dining options. It is a favorite among young professionals, artists, and expats who appreciate its unique charm and walkability.
Proximity:
- To Panama Canal: 25-minute drive
- To Downtown: 10-minute drive
Dining: El Cangrejo offers an array of dining experiences, from local Panamanian eateries to international restaurants like La Rana Dorada and El Trapiche.
Schools: The neighborhood is home to several well-regarded schools, including the Oxford International School and The Metropolitan School of Panama.
Housing Costs: Renting a one-bedroom apartment in El Cangrejo costs between $800 and $1,500 per month. Property prices range from $1,800 to $3,000 per square meter.
San Francisco
Known For: Family-friendly, green spaces, suburban feel
Overview: San Francisco is a family-friendly neighborhood with a suburban feel, offering a mix of residential and commercial areas. The neighborhood is known for its parks, schools, and easy access to amenities.
Proximity:
- To Panama Canal: 20-minute drive
- To Downtown: 15-minute drive
Dining: San Francisco features a wide range of dining options, from casual cafes to fine dining. Popular spots include Brutto, Maito, and Los Años Locos.
Schools: The neighborhood is home to several top international schools, such as Colegio San Agustin and The Oxford School.
Housing Costs: Renting a one-bedroom apartment in San Francisco ranges from $900 to $1,800 per month. Property prices range from $1,500 to $2,800 per square meter.
Costa del Este
Known For: Planned community, modern infrastructure, expat community
Overview: Costa del Este is a master-planned community known for its modern infrastructure, green spaces, and strong expat community. It offers a mix of residential, commercial, and recreational areas, making it a popular choice for families and professionals.
Proximity:
- To Panama Canal: 30-minute drive
- To Downtown: 20-minute drive
Dining: Costa del Este offers numerous dining options, from international restaurants to local eateries. Notable places include Casa Escondida, Lucca, and Nación Sushi.
Schools: The neighborhood is home to several prestigious international schools, including Colegio Brader and Colegio San Agustin.
Housing Costs: Renting a one-bedroom apartment in Costa del Este ranges from $1,200 to $2,500 per month. Property prices range from $2,000 to $3,500 per square meter.
Marbella
Known For: Central location, business district, nightlife
Overview: Marbella is a centrally located neighborhood known for its proximity to the business district, shopping centers, and nightlife. It is a popular area for young professionals and those who enjoy an urban lifestyle.
Proximity:
- To Panama Canal: 20-minute drive
- To Downtown: 5-minute drive
Dining: Marbella offers a variety of dining options, from upscale restaurants to casual cafes. Popular spots include La Posta, Bodega Mi Amiga, and La Vespa.
Schools: While there are no schools directly in Marbella, nearby neighborhoods such as Bella Vista and San Francisco offer several reputable international schools.
Housing Costs: Renting a one-bedroom apartment in Marbella ranges from $1,000 to $2,000 per month. Property prices range from $2,000 to $3,500 per square meter.
Albrook
Known For: Residential feel, green spaces, proximity to the Canal
Overview: Albrook is a quiet, residential neighborhood known for its green spaces and family-friendly environment. The area was formerly a US military base, and many of the homes have a distinct American suburban feel.
Proximity:
- To Panama Canal: 10-minute drive
- To Downtown: 15-minute drive
Dining: Albrook has a variety of dining options, from local Panamanian eateries to international cuisine. The nearby Albrook Mall also offers numerous dining choices.
Schools: The neighborhood is home to several top international schools, including the Balboa Academy and Colegio Javier.
Housing Costs: Renting a one-bedroom apartment in Albrook ranges from $900 to $1,800 per month. Property prices range from $1,500 to $3,000 per square meter.
Panama City Neighborhood Guide: Learn more
Panama City offers a diverse range of neighborhoods, each with its own unique character and amenities. Whether you’re looking for historic charm, modern luxury, a bohemian vibe, or a family-friendly environment, there is a neighborhood in Panama City that will meet your needs. By understanding the key features of each area, you can make an informed decision about where to live and enjoy all that this vibrant city has to offer. For more information about Panama City neighborhoods and how to relocate to Panama, contact us here.
