Browse through our listings of luxury Panama beach real estate and contact us with any questions. The beach areas to the west of Panama City, Panama are varied in their scope and include options ranging from low cost homes to luxury real estate for sale. Real estate options here can be generally classified into one of three categories: land, homes, and condos for sale, some of which fall into the luxury range. By “luxury” (for the purpose of this reference) will be anything priced higher than $500,000.
There are a number of areas for luxury Panama beach real estate, including several small beach towns, a handful of gated communities, and a few stretches of fairly isolated beaches where homeowners enjoy a great deal of privacy. Starting from the East and moving West along the Panamarican highway, the first location for luxury panama beach real estate is the beach town of Coronado, which many consider to be the epicenter of Panamanian beach life. It is in Coronado where one can find the largest hospital, a number of new shopping centers, plenty of restaurants, banks, and most of the services that the beach residents have come to expect. The offering of Panama beach front homes for sale in Coronado generally starts around $1,000,000 and pricing depends on factors such as the size of the lot, age of the home, and quality of the materials and craftsmanship.
There are also some luxury beach condos for sale in Coronado in buildings such as Alcazar and a few top floor condos in the Coronado Country Club tower, but these rarely go on the market and when they do usually sell quickly due to the fact that there are no more residential towers being built at the moment.
Panama Beach Real Estate
Punta Barco is the next location where one can generally find luxury panama beach real estate for sale and probably the nicest beach along the 40 miles of coast line between Punta Chame and Rio Hato. The luxury offering of property for sale in Punta Barco includes a small selection of condos but is mostly limited to luxury homes for sale. Most of the Panama beach homes for sale in the Punta Barco area include very large estate style lots on a minimum of 2 acres, although from time to time one can find quality luxury homes for sale with a smaller lot size. There are a handful of estates in Punta Barco that include horse farms and stables. However many of them are owned by old-Panamanian money and thus, rarely go up for sale.
A hidden gem just to the west of Punta Barco is the El Cortijo gated community, located in the larger area known locally as Costa Esmeralda. With only 14 residences, this small development is unique in that each home is built on a minimum of ½ acre so that residents enjoy a great deal of privacy. All of these luxury Panama beach homes for sale have ocean views and are no more than 300 meters from a private beach. The surrounding Costa Esmeralda community is just around the corner from El Cortijo and is a well known weekend retreat for Panamanian families because of its great beach. There is also a beach club associated with Costa Esmeralda that residents of El Cortijo also have access to.
Vista Mar is the next Panama beach community with a luxury real estate offering. This gated golf community has some very elegant luxury condos near the golf course and large single family homes overlooking the ocean, closer to the private beach area. An elegant restaurant with ocean view and a renovated beach front club house are a couple of the reasons residents choose this gated golf community.
Buena Ventura is perhaps the best known luxury Panama beach real estate development. Homes start around $1M and townhouse/condo options are also available. Buenaventura has been beautifully landscaped and is home to many wealthy Panamanians including several ex-presidents and heads of major corporations. There are several restaurants within Buenaventura as well as a golf complex, equestrian facilities for horse lovers, The Bristol hotel, and a world class ocean front beach and pool area.
If you are looking for something less traditional, there are also several private island areas to choose from including Contadora, Bocas del Toro, and Boca Chica all of which have a world class offering of high end beachfront real estate for sale. However at such a distance from Panama City, the weekly or monthly commute can be daunting.