Pros & Cons of Living in Coronado

Thinking about moving to Coronado? Below we highlight some of the pros and cons of living in Coronado.

Coronado, a coastal city known for its stunning beaches and vibrant expat community, is a popular destination for retirees and those seeking a slower pace of life. But like any place, living in Coronado has its pros and cons. From the warm, tropical climate to the challenges of navigating a new culture, here's a closer look at what life in Coronado, Panama, really looks like.

Pros of Living in Coronado, Panama

One of the biggest draws to Coronado is its beautiful climate. With temperatures averaging in the 80s year-round, it's a tropical paradise for those who love the sun. The warm weather also means a variety of outdoor activities are available year-round, from swimming and surfing at the beach to golfing at the Coronado Golf and Beach Resort.

Another major advantage of living in Coronado is the cost of living. Compared to many North American cities, the cost of living in Coronado is significantly lower. For example, a meal at a mid-range restaurant might cost around $15, while a one-bedroom apartment in the city center can be rented for around $600 per month. This affordability extends to healthcare as well, with many expats praising the high-quality, low-cost medical care available in Panama.

Coronado also boasts a strong sense of community, particularly among expats. There are numerous social clubs and organizations where newcomers can meet others and get involved in the community. The Coronado Social Association, for instance, organizes regular events and activities for its members, providing a great way to make new friends and feel at home in Coronado.

Finally, Coronado's location is another major plus. It's just an hour's drive from Panama City, making it easy to enjoy the amenities of the big city while living in a quieter, more relaxed environment. Plus, with the Pacific Ocean on one side and mountains on the other, there's no shortage of stunning natural beauty to explore.

Cons of Living in Coronado, Panama

While there are many advantages to living in Coronado, there are also some downsides to consider. One of the biggest challenges for many expats is the language barrier. While English is widely spoken in the tourist areas and among the expat community, Spanish is the official language of Panama. This can make everyday tasks like shopping or visiting the doctor more challenging for those who don't speak Spanish.

Another potential downside is the pace of life. While many people are drawn to Coronado for its laid-back lifestyle, others might find it too slow or quiet. There's a limited nightlife scene, and while there are plenty of outdoor activities, the options for cultural events and entertainment are more limited than in a larger city.

While the cost of living in Coronado is generally lower than in North America, it's worth noting that it's higher than in many other parts of Panama. This is particularly true for housing, as Coronado is a popular destination for both expats and wealthy Panamanians. As a result, property prices can be high, particularly for homes close to the beach.

Finally, while Panama's healthcare system is generally good, it can be a bit of a mixed bag in Coronado. There are clinics and hospitals in the area, but for more serious medical issues, you may need to travel to Panama City. This can be inconvenient and potentially stressful, particularly for those with chronic health conditions.

In conclusion, Coronado, Panama, offers a unique blend of tropical beauty, affordability, and community spirit. However, it's not without its challenges, from the language barrier to the slower pace of life. As with any potential move, it's important to weigh the pros and cons carefully to determine if Coronado is the right fit for you.

Kovalenko & Vera Attorneys at Law in Panama
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Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

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Kovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Connect

Click connect to have our partner contact you via e-mail and/or phone.