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Best neighborhoods in Panama
Best neighborhoods in Panama. Panama City is a melting pot of various nationalities. Some recent arrivals may feel isolated living in neighborhoods predominated by locals. Others considering relocating to Panama City don’t know where most expats reside to join their communities.
Here are the top five neighborhoods for expats in Panama City:
Casco Viejo is the most popular neighborhood for young expat singles or couples Considered the best tourist destination in the city, it is a hub for local culture while having some of the oldest architecture in the city, and being designated as a UN Heritage site. Numerous remodeling projects are occurring with the centuries’ old buildings making it a hotspot for real estate investments. The expat social scene is vibrant at night while maintaining authentic local flavor. Real estate prices are steep for Panama and the nightlife tends to be pricey, making this neighborhood better suited for wealthier expats.
Popular with expat singles or couples, the El Cangrejo neighborhood is centrally located with numerous moderately-priced high-rise apartments making this ideal for fixed income expats. The large expat community gathers at various restaurants, bars, and local cafes.
A former U.S. Army base surrounded by national parks and the Panama Canal and situated just minutes from down-town Panama City, Clayton has become a tropical suburb which houses the nearby “City of Knowledge” business park, which is a hub for international companies and many of Panama’s top schools. Expats with children prefer living in Clayton thanks to the lower density, slower pace, and the proximity to the best schools, parks, restaurants, and down-town Panama City.
Punta Pacifica is a newer neighborhood offering luxury high-rise real estate with stunning ocean views. In spite of being pricey, Punta Pacifica is a top pick among expat singles or couples because of its luxury MultiPlaza mall, John Hopkins Punta Pacifica Hospital, marina, and easy highway access to the Tocumen International Airport.
Best neighborhoods in Panama: San Francisco
San Francisco is a traditionally local neighborhood that is becoming popular with expats as a lower-priced option than its neighbor, Punta Pacifica. Expats can buy and rent at any budget with its vast housing options. The restaurant scene is rapidly growing and the popular ATLAPA Convention Center is located here, offering many expat-friendly social events.