Welcome to El Cangrejo
Welcome to El Cangrejo! Centrally located, eclectic, and often considered one of Panama City’s most bohemian neighborhoods, there is a lot to love about El Cangrejo. This super walkable area of the city has plenty of old school charm, accented by the diversity of people, food, and buildings that make it one of the most unique areas in Panama City.
Popular El Cangrejo Listings
Here’s a quick look at some of the most popular listings in El Cangrejo right now. If anything catches your eye, be sure to use the contact form next to the listing to request further information. One of our professional brokers will follow up with you in less than 24 hours!
Getting to El Cangrejo
El Cangrejo is bordered by Via Espana to the south, Avenida Manuel Espinosa to the west, Transismica to the north, and Via Brasil to the east. These boundaries make up a neighborhood of about 150 square blocks that hosts an eclectic mix of residences and businesses. The two main thoroughfares that transect El Cangrejo are Via Veneto and Via Argentina, each of which is lined with plenty of restaurants, shops, and hotels
You can take a 15 minute walk and you will arrive at Avenida Balboa neighborhood and a 20 minute walk will take you to Punta Pacifica.
El Cangrejo is also around a 30 minute drive to the Tocumen International airport and an hour’s drive to the closest beach on either the Caribbean or the Pacific.
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What to Expect in El Cangrejo
So why relocate to El Cangrejo? Panama City residents love this charming neighborhood for its relaxed vibe and and walkability. The variety of coffee shops, ethnic restaurants, funky old buildings, and towering new condominiums give El Cangrejo plenty of character and make it a very vibrant neighborhood. Not to mention, it’s centrally located and within walking distance of several other popular areas such as Obarrio and Punta Paitilla.
When it comes to things to do and see, El Cangrejo boasts one of the best urban parks in the city, great for an evening stroll or morning jog. There is also a plethora of great restaurants to be found here, whether you’re in the mood for Panamanian fare or something a bit more exotic.
Is El Cangrejo the right place for you? The eclectic nature of this neighborhood extends beyond just the architecture or culinary offerings. The people who call El Cangrejo home also make up a diverse group.
Many young professionals and families choose El Cangrejo for it’s relaxed, community feel. On any given weekend, you’ll see plenty of locals and expats alike enjoying breakfast at a cafe, walking their dogs, or pushing strollers. There are also a number of good schools in and around El Cangrejo, a popular draw for parents with children.
El Cangrejo is also a favorite destination for retirees to put down roots. The neighborhood offers a great place from which to enjoy and explore many other areas of the city but from the comfort of a place that is relaxed and free from the hectic hustle and bustle of other parts of the city.
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Life in El Cangrejo
When it comes to life in El Cangrejo, one thing everyone agrees with is that there is always plenty to do. Outdoor enthusiasts flock to Andrés Bello Park, where you’ll find residents walking their dogs, getting some exercise, or visiting with friends and family.
Foodies rejoice! El Cangrejo has an abundance of great eateries to choose from. Angel Restaurant is a city-wide favorite for upscale Spanish fare, while Le Mar offers delicious plates of Peruvian inspired seafood. La Negra Tomasa is a charming Italian restaurant with incredible service and unbeatable desserts. There are also plenty of options for grabbing a cheap and delicious Panamanian meal at one of a number of restaurants run by locals.
Finally, no afternoon in El Cangrejo is complete without grabbing a leisurely cup of coffee. Mentiras Blancas and Armonica Café are two of our favorites, but there are dozens of cafes to choose from. Enjoy a warm drink and a pastry while you chat with friends or sit back and enjoy the sights and sounds of your neighborhood.
When the sun sets, you can often find El Cangrejo residents spending time with friends at one of the dozens of bars in the area. Most of the bars are located on or around Via Argentina, making it easy to spend an evening hopping from one place to the next. From casual beer gardens to cocktail bars or even karaoke, El Cangrejo residents have plenty of options when it comes to nighttime outings.
As far as shopping goes, El Cangrejo offers tons of options for whatever you need to buy. The El Rey on Via España is open 24 hours and will be the one-stop-shop for all of your grocery needs. The store is clean and orderly and includes tons of selection on produce, packaged goods, and household items as well. The bakery and deli are well staffed and offer plenty of freshly prepared foods to bring home.
Apart from El Rey, there are dozens of other smaller scale grocery stores located throughout El Cangrejo. Mercado Justo y Bueno is known for having some of the best prices in town, though the selection tends to be a bit more limited. At the other end of the spectrum, the nearby Grand Deli Gourmet is a great place to go for specialty food and drink options of a more gourmet variety.
As far as other purchases you’ll need to make, El Cangrejo offers plenty in the way of shopping. El Cangrejo is known for its walkability because there are plenty of banks, pharmacies, gyms, shops, and restaurants within a relatively compact area. Small boutiques and shops can be found around the neighborhood for those looking to buy clothing or gifts. Additionally, some of the city’s best malls, including SOHO Mall and Multiplaza Mall, are a short walk from the heart of El Cangrejo.
Want to Learn More About El Cangrejo?
If you’re interested in learning more about El Cangrejo, take a look at our library of valuable insights.
In addition to being the leading the real estate broker in Panama City, we have also been monitoring and releasing valuable market insights.
Take a look at the insights below, and if you have any questions don’t hesitate to contact us directly. We’re here to help and be your eyes and ears in El Cangrejo!
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The idea for today is to give you guys a bit of an update on what’s going on in the Panama real estate market. First, a bit of context! I’ve been down here since 2007, doing real estate in Panama, and the market has been very interesting in the last 30-60 days because we are...
Current El Cangrejo Real Estate Listings
Luxor 400 in El Cangrejo The Luxor 400 in El Cangrejo is another impeccable project…
Zaphiro Panama’s Hottest Building Fantastic entry-level price point on this brand new 18 story apartment…
Want More Tips for Buying Real Estate in Panama
If you can snatch up a pre-construction condo, you may be eligible for developer financing, which is a big time saver and can be prudent in the long run, depending on how much time you plan on spending in Panama.
For additional insight on buying in Panama, read the Ultimate Guide to Moving to Panama. This is the most comprehensive guide available on moving to Panama…