Coronado Real Estate Market Report Q4 2026: Price per m² and Data Snapshot
Our quarterly Coronado report covers Coronado and the nearby Pacific beach communities west of Panama City. It summarises the asking prices of the 7 properties we currently list there, with price per square metre, price bands and the technical facts buyers ask about. For current listings, see our Coronado real estate page.
Coronado at a glance: October 2026
Active listings analysed: 7
Asking price range: US$169,000 to US$7,500,000
Median asking price: US$315,000
Property mix: 4 houses/villas, 3 condos/apartments
Houses and villas: 4 listed, from US$169,000 (median US$328,997, top US$7,500,000)
Condos and apartments: 3 listed, from US$299,250 (median US$315,000, top US$420,000)
Bedroom mix (homes and condos): 2-bed × 2, 3-bed × 4, 10-bed × 1
Sizes: median house size 143 m² of construction; median house lot 508 m²; median condo size 122 m²
Asking price per square metre
Houses and villas (built area): 3 listings with a stated size, median US$2,527/m², range US$1,182–3,444/m²
Condos and apartments (built area): 3 listings with a stated size, median US$2,582/m², range US$2,413–3,750/m²
One large estate listed at US$7.5 million is included in the price range and median price, but is left out of the house price-per-m² figures so it does not distort them.
Listings by price band
Under US$200,000: 1 listing
US$200,000–399,999: 4 listings
US$400,000–749,999: 1 listing
US$1.5 million and over: 1 listing
Technical snapshot: Coronado
Location: Pacific coast in Panamá Oeste, along the Pan-American Highway.
Drive time: about 1 hour to Panama City.
Lifestyle: golf, beach clubs and full-time services such as supermarkets and clinics.
Entry points: homes from about US$169,000 and beachfront townhomes from about US$279,000.
Coverage: this sample includes Coronado and nearby beach areas such as San Carlos, Río Hato and Playa Blanca.
Buying costs and rules that apply
Currency: Panama uses the US dollar, so prices are quoted and paid in US$.
Ownership: foreigners can own property outright with the same rights as Panamanians, in their own name or through a corporation or foundation.
Deposit: typically 10% of the price, held in trust or escrow when the Promise to Purchase Agreement is signed.
Buyer costs: buyers pay no commission to Panama Properties. Typical costs are attorney's fees of about 1% of the price, notary and registration fees of a few hundred dollars, and a small escrow fee if used.
Seller costs: sellers typically pay the transfer tax and capital gains tax.
Property tax (primary residence): first US$120,000 of cadastral value exempt, 0.5% from US$120,001 to US$700,000, 0.7% above that.
Property tax (rentals and second homes): first US$30,000 exempt, 0.6% to US$250,000, 0.8% to US$500,000, 1.0% above.
Finance: most foreign buyers pay cash by international wire, and mortgage options are available through our lending partners on approved credit (OAC).
Methodology
How to read these numbers: every figure here comes from the asking prices of properties currently listed with Panama Properties in Coronado as of October 2026. They are not completed sale prices, valuations or appraisals, and the samples are small, so a single listing can move a median. Price per m² for homes and condos is the asking price divided by the stated construction area; for land it is the asking price divided by the lot area. Listings without a stated size are counted in the price figures but left out of the per-m² figures. Use this report as a starting point, and ask us for comparables on any property you are considering.
See every Coronado listing
Browse current homes, condos and land on our Coronado real estate page. Prices and availability change often, and this report will be refreshed each quarter.
Ready to look at properties? Start the Buying Process and we will send you matching listings and comparables. You can also WhatsApp Ken Norton on +507 6169-2453 (English) or Evelyn Díaz on +507 6718-4140 (Español).
