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Coronado, San Carlos & Chame Real Estate for Sale

Invest, Live & Own on Panama’s Pacific Coast

Welcome to Coronado, San Carlos and Chame

Homes • Land • Investments • Retirement Living

West of Panama City, the Pan-American Highway follows a string of Pacific beach towns that many buyers simply call "the beaches". In order from the city, they run from Chame and Gorgona to Coronado, then San Carlos and El Palmar, and on toward Río Hato. Coronado itself is part of the district of Chame, which is why the names are so often used together.

 

Coronado, about an hour's drive from Panama City, is the most established of these communities, with supermarkets, banks, restaurants, medical clinics and golf. San Carlos, just to the west, is a quieter beach town that often offers better value, while Gorgona and the beaches toward Chame are known for oceanfront condos and a more relaxed pace. Many owners use their homes as weekend escapes from the city, while others live here full time.

 

Our current listings along this coast include oceanfront and ocean-view condos in San Carlos, beachfront townhomes, gated-community homes and larger beachfront estates. Below you will find our listings, an overview of each area, and practical advice on buying, costs and ownership.
 

👉 Contact our Coronado/Chame real estate specialists today to explore listings and opportunities.

Pacific Coast Properties for Sale

Our listings along this stretch of the Pacific coast range from oceanfront and ocean-view condos in San Carlos, many with pools and on-site amenities, to beachfront townhomes, a three-bedroom home in a gated community near Río Hato, and a private oceanfront estate at Punta Barco. Several are well suited to weekend use or rental when you are away. Below is a selection of current properties; use the button below the listings to see them all, or contact us about homes, condos and land in Coronado and the surrounding beaches that haven't been advertised yet.

On Wishlist

Oceanfront 3-Bedroom Condos Gated Beach Resort SAN CARLOS 5138

From $420,000 USD

Condos

Size:

112-119 M2

Rooms

Bathrooms

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3

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2

Floors

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4

On Wishlist

Beach Front Apartments Investment Vacation Opportunity 5136

$315,000 to $525,000 USD

Apartment / Condo

Size:

122 to 255 m2

Rooms

Bathrooms

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3

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3

Floors

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9

On Wishlist

3BR Gated-Community Home for Sale in Río Hato 5133

$169,000 USD

House

Size:

143 m2

Rooms

Bathrooms

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3

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2

Floors

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1

On Wishlist

2BR Ocean-View Apartment for Sale in San Carlos, Panama 5082

$299,250 USD

Condo

Size:

124 m2

Rooms

Bathrooms

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2

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2

Floors

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1

On Wishlist

Beachfront Townhomes Playa Caracol, Panama 5083

From $278,994 USD

Townhome

Size:

81 m2

Rooms

Bathrooms

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2

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2

Floors

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2

On Wishlist

10BR Oceanfront Estate for Sale Punta Barco Panama 5115

$7,500,000 USD

Estate

Size:

800 m2

Rooms

Bathrooms

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10

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8

Floors

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2

Pacific Coast Real Estate Market Insights

The figures below are based on the asking prices of our current listings along this coast in October 2026, measured per square meter of living space. With six listings, they are a snapshot rather than a full market survey, but they show clearly where value sits today. They are not a record of completed sales.


A Condo-Led Market

Condos make up most of what is for sale on this coast, and four of our six current listings are condos or apartments in San Carlos. Buyers like them for security, shared pools and low maintenance, which suits weekend owners and people who spend part of the year abroad.


Condos: About $2,000 to $3,750 per Square Meter

Ocean-view and beachfront apartments in San Carlos are listed at about $2,000 to $2,600 per square meter, with larger units often lower per meter. Oceanfront condos in a gated beach resort, with resort amenities and direct beach access, are listed at about $3,750 per square meter.
 

Beachfront Townhomes

New beachfront townhomes are listed at about $3,450 per square meter, similar to resort condos, but with your own entrance and more of a house feel.
Gated Homes Inland: The Best Value per Meter
A three-bedroom home in a gated community near Río Hato is listed at about $1,200 per square meter, less than half the price per meter of most beach condos. Buyers who don't need to be on the sand get far more space for their money a short drive from the beach.
Beachfront Estates
Large private beachfront estates sit in a category of their own. Our Punta Barco estate is listed at about $9,400 per square meter, reflecting its size, direct ocean frontage and privacy.
What Drives Value Here

  • Distance to the beach: oceanfront commands a clear premium over ocean-view, and ocean-view over inland

  • Building and community: amenities, security, management and the condition of shared areas

  • Access: easy access to the Pan-American Highway and the services in Coronado

  • Rental rules: buildings that allow short-term rentals appeal to more investors

  • ​

Who Is Buying

Buyers include Panama City residents looking for a weekend home, retirees from North America and Europe, many using the Pensionado visa, and investors looking for rental income. Being about an hour from the city keeps this coast busy with Panamanian buyers as well as foreigners.
Rentals and Seasons
Short-term demand peaks in the dry season, roughly December to April, and on holidays and long weekends when city residents head to the beach. Long-term rentals to retirees and remote workers provide steadier year-round income. Check each building's rental rules before you buy.


What This Means for Buyers

  • Decide early between oceanfront, ocean-view and inland, as the price difference is large

  • Compare condos on price per square meter, HOA fees, reserve funds and rental rules, not just the headline price

  • For older buildings, check the maintenance history and the condition of shared areas

  • Visit on a weekend and a weekday to see how busy each area gets

  • Ask us for recent comparable listings and sales before making an offer

Why Invest in Coronado, Panama Real Estate

✔ Prime Beachside Lifestyle

Coronado is one of Panama’s most established beach towns — known for its wide Pacific coastline, black-sand beaches, golf courses, and recreational lifestyle. Chame and its surroundings extend these coastal advantages with serene communities, access to nature, and easy proximity to amenities

✔ Affordable Cost of Living

​Coronado / Chame offers an impressive balance of excellent lifestyle and affordability. Residents enjoy lower costs for healthcare, groceries, transportation, entertainment, and home services when compared to North America and Europe. Dining out, hiring help, or maintaining a property is far more economical, allowing residents to enjoy a high standard of living without the financial stress often found in larger cities or more expensive countries. For many retirees and remote workers, this cost advantage is a major reason to relocate.

✔ Growing Real Estate Demand & Investment Potential

This region has experienced rising property values fueled by strong international demand, especially among expats and North American retirees. Vacation rental demand continues to grow, with properties often booked year-round thanks to Coronado’s accessibility and tourist appeal.

✔ Convenience & Connectivity

Coronado and Chame are connected directly to Panama City by the Pan-American Highway — about a 60–90 minute drive from the capital, making this region ideal for weekend homes, remote working, or permanent living with city access.

✔ Safe & Welcoming Expat Community

With one of the largest and most established expat communities in Panama, Investment in Coronado real estate offers a smooth transition for newcomers. English is widely spoken, and the town is known for its friendly residents, active social groups, volunteer organizations, and community events. Many expats find it easy to make connections, access resources, and feel at home quickly. The supportive and multicultural atmosphere adds to the area’s charm and helps new residents settle in with confidence.

✔ Rental Income & Tourism Demand

Strong short-term and long-term rental demand in Coronado drives income opportunities for investors. Especially during peak travel season (December–April), rental occupancy and revenue potential remain high.

Your Local Experts on Panama's Pacific Coast

Our team works along this coast regularly, and Coronado is about an hour from our Panama City base. We know the beach towns, the condo buildings and gated communities, and the practical questions that matter when buying here, and we only recommend properties we would be comfortable buying ourselves.
 

We Know the Differences Between Each Beach Town

Coronado, San Carlos, Gorgona, Chame and the beaches toward Río Hato each have their own character, price level and pace of life. We can help you compare access to services, distance from the highway and the city, beach conditions, and whether an area suits full-time living, weekend use or rentals.

A Bilingual Team With Trusted Local Partners

We work in English and Spanish, and we have long-standing relationships with independent attorneys, surveyors, inspectors, builders and property managers along the coast.

Careful, Transparent Guidance

We help you avoid the common mistakes buyers make on the Pacific coast, from unclear titles and unpaid HOA fees to condo rental restrictions, water supply and the condition of older buildings, and we explain the costs and trade-offs before you commit.

Support From Search to Closing and Beyond

We handle viewings, offers, due diligence coordination and closing, and we stay in touch after the sale to help with utilities, property management and settling in.
 

Start Your Search

Whether you are buying a beach home, a weekend condo or planning a move to Panama, contact us for:

  • A personalized list of properties that fit your plans and budget

  • Virtual or in-person tours

  • Current market updates and recent price comparisons

  • Practical guidance on buying, residency and relocation

    Start the buying process for Coronado, Chame, San Carlos are Real Estate

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Types of Property on the Pacific Coast

From beachfront condos to homes in gated communities, there are options for weekend use, full-time living and rentals along this coast.

Oceanfront and Ocean-View Condos

Condos are the most common property type on this coast, from high-rise towers on the beach to smaller low-rise buildings. Many include pools, security and on-site management, which suits buyers who will be away part of the year. Before you buy, check the HOA fees, the building's rules on short-term rentals and the condition of shared areas.

Beachfront Homes and Townhomes

Homes and townhomes close to the sand offer more space and privacy than a condo, often with a garden or private pool. They are popular as family weekend homes, and those in managed communities can also work well as rentals.

Homes in Gated Communities

Gated communities near Coronado, San Carlos and the surrounding beaches offer security, maintained roads and shared amenities such as pools, clubhouses and, in some cases, golf. They are a popular choice for retirees and full-time residents.

Land and Building Lots

Lots inside gated communities and larger parcels outside them are available for buyers who want to build. Always confirm the title, road access, water supply, power and any community building rules before you buy, and allow for the time and cost of construction.

Beachfront Estates

For buyers wanting more space, larger private estates directly on the ocean come to market occasionally, often with multiple bedrooms, guest quarters and room for family and friends.

Whether you are looking for a weekend escape, a retirement home or a rental investment, we can help you find the right property on this coast.

Areas Along the Coast, From Panama City Heading West

The beach towns west of Panama City sit one after another along the Pan-American Highway. Here they are in order as you drive from the city, with approximate driving times in normal traffic. Expect longer on holiday weekends.
 

Punta Chame

About 1 hour 15 minutes from Panama City. A narrow peninsula with beaches on both sides, best known as one of Panama's top kitesurfing spots, with steady winds in the dry season. Property is mainly beachfront lots, homes and small developments, and the pace is quiet and natural, with fewer services nearby.

Best for: kitesurfers, nature lovers, buyers wanting a quiet beach retreat

Chame Town

About 50 minutes to 1 hour from Panama City. A traditional Panamanian town on the highway with local shops, services and everyday life, a short drive from the beaches. Homes here tend to cost less than on the coast itself.

Best for: value buyers and those who want a more local, Panamanian setting

Las Lajas

About 1 hour from Panama City, east of Coronado. One of the widest, longest beaches on this coast, with a quiet, low-key feel and a mix of beach houses and land.

Best for: beach lovers, family weekend homes, buyers wanting space

Gorgona, Nueva Gorgona and Playa Corona

About 1 hour to 1 hour 10 minutes from Panama City, just east of Coronado. Known for oceanfront condo towers and beach homes, with easy access to Coronado's services a few minutes away. Playa Corona, between Gorgona and Coronado, is quieter and more residential.

Best for: condo buyers, weekenders, rental investors

Coronado

About 1 hour to 1 hour 15 minutes from Panama City. The most established community on this coast, with supermarkets, banks, restaurants, medical clinics and the Coronado golf course. It has gated beach and golf communities, condos and homes, and the largest expat community in the area.

Best for: retirees, full-time residents, golfers, buyers who want services close by

San Carlos

About 1 hour 15 minutes to 1 hour 30 minutes from Panama City, just west of Coronado. A quieter beach town with its own supermarket and services, older beach houses, newer oceanfront condos and resort-style communities. It often offers better value than Coronado.

Best for: value buyers, condo buyers, long-term residents

El Palmar

Just past San Carlos. A small beach community known for its surf break and relaxed, local feel, with beach houses and small condo buildings.

Best for: surfers and buyers wanting a laid-back beach town

Further West: Río Hato and Playa Blanca

Beyond El Palmar, the coast continues to Río Hato, home to the regional airport, and the resorts and communities around Playa Blanca and Farallón. See our Río Hato and Playa Blanca real estate page for listings and details on that area.
 

Choosing an Area

  • Decide how close you want to be to services: Coronado has the most, Punta Chame and Las Lajas the fewest

  • Consider whether you want a condo with amenities or a house with more space and privacy

  • Visit on a weekend and a weekday, as holiday traffic and beach crowds vary by area

  • Check water supply, internet and building or community rules for each specific property

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Why Buyers Choose Coronado, San Carlos and Chame

Close to Panama City

Coronado is about an hour's drive from Panama City on the Pan-American Highway, making this one of the few beach areas where you can enjoy coastal living and still reach the city's hospitals, airport and shopping easily. Many owners use their homes as weekend escapes, and the regional airport at Río Hato is a short drive west.

Services Close to Home

Coronado has supermarkets, banks, restaurants, medical clinics, pharmacies and golf, with more services along the highway. Buyers who want beach living without giving up everyday convenience often start their search here.

An Established Community

This coast has one of Panama's longest-standing expat communities, living alongside Panamanian families who come for weekends and holidays. Clubs, volunteer groups and social events make it easy for newcomers to meet people.

Secure Ownership for Foreign Buyers

Foreigners can own titled property with the same rights as Panamanian citizens, and this coast is well outside the border zones where foreign ownership is restricted. Property taxes are low by international standards, with exemptions for a primary residence up to a set value.

Rental Demand From Weekenders and Visitors

Demand for rentals is strongest during the dry season, roughly December to April, and on holidays and long weekends when city residents head to the beach. Long-term rentals to retirees and remote workers make up the rest of the market. Results depend on the property, its location and how it is managed, and some condo buildings restrict short-term rentals, so check the rules before you buy.

An Outdoor Lifestyle

Residents enjoy the beach, golf, fishing, surfing, paddleboarding and kitesurfing at Punta Chame, and the cooler mountain town of El Valle de Antón is an easy day trip.
 

Ready to buy or invest in Coronado / Chame real estate?

 

➡️ Contact Us Today
➡️ View Available Listings
➡️ Book a Private Showing

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Top 10 Reasons to Move to Panama's Pacific Coast

Coronado, San Carlos, Chame and the beaches around them have long been among Panama's most popular places for retirees, families and weekend homeowners. Here are ten reasons people choose this coast.

1. Beach Living an Hour From the City

Few places let you live by the ocean and still reach a capital city's hospitals, airport and shopping in about an hour.

2. A Choice of Beach Towns

From the services of Coronado to quieter San Carlos, the condos of Gorgona and the kitesurfing beaches of Punta Chame, you can choose the pace and setting that suits you.

3. Lock-and-Leave Condo Living

Condos with security, pools and on-site management make it easy to spend part of the year abroad without worrying about your home.

4. A Range of Homes and Budgets

Choose from ocean-view condos, beachfront townhomes, gated-community homes inland, building lots and, occasionally, large beachfront estates.

5. Sunny, Breezy Dry Seasons

The dry season, roughly December to April, brings sunshine and steady breezes, and this part of the coast is generally drier than many other parts of Panama.

6. An Established International Community

Expats from North America and Europe live alongside Panamanian families, with clubs, volunteer groups and social events that make it easy to settle in.

7. Everyday Life in US Dollars

Panama uses the US dollar, so there are no exchange-rate surprises when you budget, buy property or pay your bills.

8. Retiree-Friendly Residency

Panama's Pensionado visa is one of the best-known retiree residency programs in the world, with discounts on many everyday services, and there are also residency options linked to real estate investment.

9. Day Trips on Your Doorstep

The cooler mountain town of El Valle de Antón, the resorts and beaches further west, and the attractions of Panama City are all within easy reach for a day out.

10. A Relaxed Coastal Lifestyle

Beach walks, fishing, golf, surfing and long lunches with friends make for a slower, healthier pace of life than most buyers left behind.

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Coronado, San Carlos and Chame Real Estate: Frequently Asked Questions

Can foreigners buy property in Coronado, San Carlos and Chame?

Yes. Foreigners have the same property rights as Panamanian citizens and can own titled property in their own name or through a Panamanian corporation or foundation. This coast is well outside the border zones where foreign ownership is restricted. As with any purchase, use an independent attorney to verify the title before you buy.

Which area is best: Coronado, San Carlos, Gorgona or Chame?

It depends on what matters most to you. Coronado has the most services, golf and gated communities, and is the most established. San Carlos, just to the west, is quieter and often better value. Gorgona and the beaches toward Chame are known for oceanfront condos and a more relaxed pace, and Punta Chame is popular with kitesurfers. We can show you several areas so you can compare.

How far is the coast from Panama City?

Coronado is about an hour's drive from Panama City on the Pan-American Highway, depending on traffic, which can be heavy on holiday weekends. San Carlos is a little further west. The regional airport at Río Hato is a short drive away, and Tocumen International Airport in Panama City is the main gateway for international flights.

Is there good healthcare nearby?

Coronado has medical clinics, pharmacies and dentists for everyday care, with more services along the highway. For hospital care and specialists, most residents go to Panama City, about an hour away.

What are water, power and internet like?

Most communities have grid power and municipal or community water, and fiber internet is available in many areas. Water pressure and supply can be an issue in some communities during the dry season, so many homes and buildings use storage tanks. Always confirm the water source, power and internet for a specific property before you buy.

What is the weather like?

The coast is warm year-round. The dry season, roughly December to April, brings sunny, breezy days, while the rainy season, roughly May to November, usually brings afternoon showers. This part of the Pacific coast is generally drier than many other parts of Panama.

What should I know about condo HOA fees and rules?

Monthly HOA fees vary with the size of the building and its amenities, such as pools, security, elevators and on-site management. Always ask for the current fees, the building's rules on short-term rentals and pets, its reserve fund and maintenance history, and confirmation that the seller's fees are paid up to date.

Can I rent out my property?

Yes. Rental demand is strongest in the dry season and on holidays and long weekends, when city residents head to the beach, with long-term rentals to retirees and remote workers making up the rest of the market. Results depend on the property, its location and how it is managed, and some condo buildings restrict short-term rentals, so check the rules before you buy.

Can I get a mortgage or owner financing?

Panamanian banks do lend to foreign buyers on titled property, usually with a larger down payment than local buyers need and a full review of your income and credit. Owner financing is available on some properties, with terms negotiated with each seller. We can introduce you to banks and mortgage advisors who work with foreign buyers.

What are the closing costs?

Buyers pay no commission to their real estate agent; the seller pays it. Your main cost is your attorney, typically about 1% to 1.5% of the price, plus small notary and Public Registry fees. The 2% transfer tax is customarily paid by the seller. Your deposit, usually around 10%, should be held in escrow, not paid directly to the seller.

Should I buy in my own name or through a corporation?

Both are common. Some properties are sold by transferring the shares of the corporation that owns them. This can avoid the property transfer tax, but the sale of shares is subject to Panama's capital gains tax on securities, and you take on the corporation's history and any liabilities. Your independent attorney will advise on the best structure for your situation.

Do I pay property tax?

Titled property in Panama is subject to annual property tax, but there are generous exemptions, including for a primary residence up to a set value, and rates are low by international standards. See our Panama Property Tax Guide for current rates and exemptions. Our Property Tax Guide

Can buying property here help me get residency in Panama?

Yes, in some cases. Panama offers residency programs linked to real estate investment, and many retirees on this coast use the Pensionado visa, which is based on a lifetime pension rather than a property purchase. Requirements change, so we coordinate with an immigration attorney before you commit.

Can I buy property without being in Panama?

Yes. Many of our clients start with video tours and buy remotely, signing through a power of attorney with an independent Panamanian attorney. Because the coast is about an hour from Panama City, we can visit properties and handle closing details on your behalf. We still recommend visiting in person before you buy if you can.

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> Start The Buying Process For Pacific Coast Real Estate

> Pedasi Real Estate For Sale

> Visit our Blog For More Information

> Residency In Panama Throuhg Investment

Browse Real Estate For Sale In Panama's Top Expat Areas

Explore Panama’s most desirable regions and premier real estate destinations, offering a diverse selection of properties to suit every lifestyle and investment objective. From the dynamic urban sophistication of Panama City, to the tranquil coastal living of the Pacific Coast beaches, and the cool, scenic highlands of Boquete, we present the finest locations Panama has to offer.

Each region of Panama Real Estate is carefully selected and showcased for its unique character, infrastructure, lifestyle advantages, and real estate opportunities. Whether you are searching for a permanent residence, vacation retreat, retirement home, or high-performing investment property, you will discover detailed insights into the country’s most sought-after markets

— helping you identify the ideal location to live, invest, and build your future in Panama.

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