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Just a few years ago, villa, penthouse, apartment or condominiums in Panama have cost a lot of money. Today, however, the real estate in Panama dropped in price and local realtors have much more affordable deals. For the price of $100,000 today you can buy real estate in Panama of 80 square meters. Cost of penthouses and villas in Panama were also dropped, so today everyone has the opportunity to take advantage of enticing offers and buy property in the country that represents a pure democracy.

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Panama Property Hotspots: Panama Beach Real Estate

Coronado is located one hour by car from Panama City and this proximity was a major consideration when we bought our house. Coronado has very convenient shopping and services including a
large and modern, 24x7 "Rey" supermarket, a 24x7 hour pharmacy, a first class bank (Global Bank), and a number of excellent restaurants and fast food locations. The medical clinic in Coronado is open 7 days a week and staffed by English speaking doctors. There are many flower and gardening centers, four or five building supply and hardware stores, a lumber yard, an outdoor vegetable market, one or two clothing shops, furniture stores, pet stores and the like. The Coronado Country Club, around which the town has been built, is a top rated PGA golf courses in Latin America with a par 72 and 7,092 yards of fairways. The Country Club includes excellent facilities in many categories as described earlier. For example, the Equestrian Club has weekly shows in a stadium with quality dining facilities. For the above reasons, and more, Coronado has become an attractive location for many expats and locals alike
An increasing number of American snowbirds and retirees are choosing to buy a second home on one of Panama’s Pacific Coast beaches. The area has unbeatable attractions: uncrowded beautiful beaches, competitive housing prices, quality construction, and proximity to Panama City; a sophisticated metropolitan area with an American style infrastructure, the by product of a 90 year American presence. This means first rate medical care, numerous American stores and restaurants, good roads and entertainment on a par to the USA.
Beyond Coronado, many new resorts and residential communities have sprung up including Decameron Resort, Playa Blanca Resort, Punta Barco Village, Bijao,Casa Grande, Vista Mar and BuenaVentura.
Coronado is situated 30 minutes by car from the famous volcanic valley mountain town of El Valle as well as about 30 minutes from the lofty Altos del Maria 5000 acre new resort development. BusinessPanama Real Estate sells all these projects, just Check our Panama real estate for current listings or please contact our Panama City office for real estate advice and we will be happy to help you find the right property for your new life.
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