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Writer's pictureInvestments Team

THE 5 BEST PLACES TO LIVE IN PANAMA CITY IN 2021🛳🛩

With a large number of amenities and infrastructure, a city cataloged as an important cosmopolitan center, Panama City offers people a modern lifestyle with all the necessary amenities and infrastructure.


Panama City


Skyscraper? Yes. Modern office buildings? Yes. Quality hotels? Yes. Amazing condos? Yes. All these amenities can be found in Panama City and have one important advantage: the impressive and world-class views of the Bay of Panama.


In Panama City, you can find an excellent infrastructure, including a stable Internet connection, quality public services, it is a safe city with global connectivity.


The city is a major international banking and commercial center. In fact, it is home to some of the largest banks and companies in the world.


It is not surprising, given the high socioeconomic status of the country, that many foreigners have decided to invest in the country or buy a house after retirement.


For food lovers, Panama City is also becoming a culinary destination with a large number of restaurants, with a world-class gastronomic offer.


Excellent private medical supply and the solid real estate market of the city make it desirable for many people. It has everything you need, whether it's a hospital, a shopping center or a university.


The city's attributes mirror those of the country, which is known for its standards when it comes to housing, education, health, and economic stability.


Compared to other Latin American countries, Panama is also quite safe. In the country, violence or criminal threats are relatively low.


Apart from these, the country's art scene is also thriving. Local and foreign artists are everywhere, whether in museums or art galleries, or even in restaurants or other events. In Panama City, there are regular cultural and educational activities such as galas, benefit concerts or operas.


These reasons encourage many businessmen, expatriates and people of all profiles to settle in Panama City.



World class gastronomy.


So, are you thinking of moving to Panama City? Here are the five areas we need to consider.


Balboa Avenue Panama


It can be said that the area is considered the most modern area in Latin America and one of the main financial centers of the country. with an average cost of 2,000 US dollars per square meter. The approximate cost of the square meters of this area is: USD 189 million dollars.


Balboa Avenue is a great tourist attraction and meeting point when you come to Panama City. The area has two piers and six road lanes. Think of the area as an ideal blend of urban development, outdoor sports, and cosmopolitan culture, with green spaces filled with tropical plants and trees, ponds and fountains, recreational parks, roundabouts, courts, and a bike path.


It also has a monument honoring Vasco Núñez de Balboa, a Spanish explorer best known for crossing the Isthmus of Panama in 1513, the first European to do so. Apart from this, the area also has works installed by various urban artists.


The crab


Think of El Cangrejo as one of the exclusive areas of Panama City. Seven decades ago, it was the most exclusive area in Panama.


Today, El Cangrejo is an ideal combination of green areas, recreation areas, parks and restaurants, resulting in a vibrant nightlife. all steps away. and above all the El Cangrejo area is very safe.


Punta Pacifica Panama


Punta Pacifica remains one of the best places to live in the city. It is very close to the Multiplaza Mall, one of the most important in Panama.


The area also has new buildings in its residential area. Also, many infrastructure projects are under construction. It is the quintessential luxury area in the center of Panama City.


San Francisco Panama


The area, considered one of the most traditional areas of Panama, is also among the best places to live in the city. Parque Omar Torrijos, one of the largest parks in the city, is located in this area. The locals have considered the park their favorite place when it comes to sports activities, walking in the fresh air or when they simply want to disconnect from the hustle and bustle of the city.


The area is also home to Calle 50, the largest commercial street in the city. It also has many outstanding buildings such as El Vidrio and Soho Mall, one of the main shopping centers in Panama.


East Coast Panama


Costa del Este is ideal for people who have no problems when it comes to intercity distances. It is a new area east of Panama City. The area has large residential areas, well-planned buildings, schools, offices, and an industrial park.


The area is known for its various amenities, ocean views, and quick access to highways that quickly connect you to the city center and the Tocumen International Airport area.


Costa del Este, is an urban development with a master plan that values ​​everything you need, to live quietly, safely and without having to move from the area. The profile of this area is medium high, with properties from USD $500,000.00 to more than USD $1,000,000.00


conclusion


If you are thinking of retiring abroad or looking for a good place to stay for a long time, you should consider Panama City high on your radar. You can never go wrong with Panama City.




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