Panama city, founded in 1519, is the capital and largest city in Panama with an population over 1,5 million in the metro area. It is located at the Pacific entrance of the canal and is the financial center of the country.
Panama City is considered the most modern and cosmopolitan city in Central America with a skyline filled with high-rise apartment and office buildings. Panama City enjoys a fusion of cultural influences, as expressed in its cuisine, architecture, art scene and music.
Some of the most popular and attractive neighborhoods includes Casco Viejo, Costa Del Este, Punta Pacifica, El Cangrejo, San Fransisco and Obarrio. Must see attractions when visiting are the Panama Canal, the Biomuseo, Casco Viejo and the Amador Causeway to mention a few. Real estate is available in all types, sizes and price ranges.
Overall residential real estate in Panama City is more affordable than cities like Miami, Tampa and Orlando and a fraction of pricing in cities like New York, Vancouver and Toronto. With many nonstop flights from North and South America as well as Europe, it’s easy to reach. The International airport is within a 20 minute drive from the city.