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Best Neighborhoods for Families in Panama City 2024 | Expat Exchange
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Panama City, Panama


Best Neighborhoods for Families in Panama City

By Betsy Burlingame

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

Summary: If you're moving to Panama City with kids, here are some of the best neighborhoods in Panama City for families.

Panama City, is a vibrant metropolis that has become a hub for expats and digital nomads from around the world. With its cosmopolitan atmosphere, tropical climate, and strategic location, the city offers a unique blend of urban living and natural beauty. For families considering a move to Panama City, finding the right neighborhood is crucial. The city boasts several areas that cater to the needs of families, providing a safe environment, access to quality education, and plenty of recreational activities. Here are some of the best neighborhoods in Panama City for families to call home.

Costa del Este

Costa del Este is a planned community that has become one of the most sought-after areas for families. With its modern infrastructure, beautiful parks, and a plethora of amenities, it's a self-contained city within a city. Families can enjoy outdoor activities at Town Center Costa del Este, which features a variety of shops, restaurants, and a cinema. The neighborhood is also known for its safety and community events, making it an ideal place for children to play and grow.

Location: East side of Panama City, near the Corredor Sur highway
Real Estate: The average rental price for a 3-bedroom apartment is around $2,000 to $3,000 per month, while purchase prices can range from $300,000 to over $1 million, depending on the property.
International Schools: Costa del Este is home to several reputable international schools, such as the International School of Panama and the AIP Academy, offering education from early childhood to high school with various curriculums, including the International Baccalaureate.
Where to Eat: Families can enjoy a variety of dining options, from casual eateries like Nacion Sushi to upscale restaurants like Segundo Muelle.
Interesting History: Costa del Este was developed on reclaimed land from the sea, transforming it into one of the most modern and upscale areas of Panama City.
Parks: Parque Felipe Motta is a popular green space in the area, offering playgrounds and walking paths for family outings.

Clayton

Clayton is a green and serene neighborhood, formerly part of the Panama Canal Zone. It is now a favorite among expat families due to its tranquil streets, lush surroundings, and proximity to the Metropolitan Natural Park. The area is also known for the City of Knowledge, a cluster of academic institutions and non-profit organizations, which provides a stimulating environment for families and children.

Location: Northwest of Panama City, close to the Panama Canal
Real Estate: Rental prices for a 3-bedroom house range from $1,500 to $2,500 per month, with purchase prices for homes starting at around $400,000.
International Schools: The neighborhood hosts the prestigious Balboa Academy and Kings College, offering international curriculums and bilingual education.
Where to Eat: The area features family-friendly restaurants such as La Plaza and Lenos & Carbon.
Interesting History: Clayton played a significant role during the American administration of the Panama Canal and still houses many historical buildings from that era.
Parks: Kiwanis Park is a favorite among families for its playgrounds and sports facilities.

Punta Pacifica

Punta Pacifica is a prime residential area known for its luxury high-rises and exclusive amenities. It's a great choice for families looking for an upscale urban lifestyle with the convenience of having the Multiplaza Pacific Mall and the Johns Hopkins-affiliated Punta Pacifica Hospital nearby. The neighborhood also offers stunning ocean views and a sense of security, which is paramount for family living.

Location: In the heart of Panama City, adjacent to the Pacific Ocean
Real Estate: Rental prices for luxury apartments can range from $2,500 to over $5,000 per month, with purchase prices for condos starting at $300,000 and going up to several million dollars.
International Schools: While there are no international schools directly within Punta Pacifica, several are located just a short drive away, such as the Oxford International School.
Where to Eat: Dining options include upscale restaurants like Maito and La Vespa.
Interesting History: Punta Pacifica has been developed relatively recently, transforming from a quiet coastal area to a bustling urban center.
Parks: Parque Punta Pacifica is a small but pleasant park in the area, offering a playground for children.

Albrook

Albrook is a family-friendly neighborhood that offers a suburban feel within the city. It is known for its spacious homes, large yards, and proximity to the Albrook Mall, one of the largest shopping centers in Latin America. The area is also adjacent to the Amador Causeway, providing families with ample opportunities for biking, walking, and enjoying the outdoors.

Location: Adjacent to the former Albrook Air Force Station, now the Albrook Marcos A. Gelabert International Airport
Real Estate: Rental prices for homes range from $1,200 to $2,500 per month, with purchase prices starting at around $250,000.
International Schools: Albrook is home to the St. Mary's School of Panama and the Isaac Rabin School, both offering bilingual education with a focus on international standards.
Where to Eat: Families can enjoy a variety of cuisines at the Albrook Mall's extensive food court or at local restaurants like Beirut.
Interesting History: Albrook was named after Frank P. Albrook, a military aviator, and has a rich history linked to the U.S. military presence in Panama.
Parks: The neighborhood is close to several parks, including the Metropolitan Natural Park, which is a popular spot for family picnics and nature walks.

San Francisco

San Francisco is a diverse and dynamic neighborhood that offers a mix of residential and commercial areas. It is popular among families for its central location, access to the Omar Park – the city's largest public park – and a variety of schools. The area also has a vibrant food scene, with numerous restaurants and cafes that cater to all tastes.

Location: Central Panama City, near the banking district and the coast
Real Estate: Rental prices for a 3-bedroom apartment range from $1,500 to $2,500 per month, with purchase prices for homes and apartments starting at around $200,000.
International Schools: San Francisco is close to several international schools, including the Panamerican School and the International School of Panama.
Where to Eat: The neighborhood is known for its culinary diversity, with restaurants like Mercado de Mariscos offering fresh seafood and El Trapiche serving traditional Panamanian dishes.
Interesting History: San Francisco has grown rapidly in recent decades, transforming from a residential area to a bustling urban neighborhood with a unique blend of old and new architecture.
Parks: Parque Omar is the centerpiece of the neighborhood, featuring sports courts, playgrounds, and a cultural center.

El Cangrejo

El Cangrejo is a lively and eclectic neighborhood that is favored by expats and locals alike. It is known for its walkable streets, a wide array of restaurants, and a friendly atmosphere. Families appreciate the neighborhood's cultural diversity and the presence of several bilingual schools. The area also boasts Andrés Bello Park, a popular spot for community gatherings and children's activities.

Location: Central Panama City, close to Via Argentina and Via Espana
Real Estate: Rental prices for a 3-bedroom apartment are typically between $1,200 and $2,000 per month, with purchase prices starting at around $150,000.
International Schools: El Cangrejo is near several bilingual schools, including the Lincoln Academy and the Oxford School, offering a range of educational programs.
Where to Eat: The neighborhood is a foodie's paradise, with options like El Caribe for Caribbean cuisine and El Trapiche for local flavors.
Interesting History: El Cangrejo has a rich cultural history and is known for its bohemian vibe, with a mix of art galleries, bookstores, and cafes.
Parks: Andrés Bello Park is a central feature of El Cangrejo, providing a green oasis in the heart of the city.

Bella Vista

Bella Vista is a historic district that offers a blend of old-world charm and modern conveniences. It is home to the city's coastal beltway, Cinta Costera, which is perfect for family strolls, bike rides, and outdoor exercise. The neighborhood is also known for its beautiful early 20th-century architecture and proximity to excellent schools and healthcare facilities.

Location: Along the bay of Panama City, adjacent to the historic district of Casco Viejo
Real Estate: Rental prices for a 3-bedroom apartment range from $1,500 to $2,500 per month, with purchase prices for homes and apartments starting at around $200,000.
International Schools: Bella Vista is close to the Episcopal School of Panama and the International School of Panama, both offering high-quality bilingual education.
Where to Eat: The neighborhood features a variety of dining options, including La Posta for upscale dining and Caliope for a fusion of local and international flavors.
Interesting History: Bella Vista is one of the oldest neighborhoods in Panama City, with many buildings declared historical heritage sites.
Parks: The Cinta Costera is the main recreational area, providing ample green space and playgrounds along the waterfront.

Ancon

Ancon is a neighborhood steeped in history and surrounded by lush greenery, offering a peaceful retreat from the hustle and bustle of the city. It is home to the Quarry Heights, a former U.S. military base, and is adjacent to the Panama Canal administration buildings. Families enjoy the quiet streets, the Ancon Hill with its panoramic views of the city, and the proximity to good schools and cultural institutions.

Location: Just west of Casco Viejo and north of Balboa Avenue
Real Estate: Rental and purchase prices in Ancon can vary widely, with some homes offering views of the Panama Canal or the city skyline.
International Schools: Ancon is near the Balboa Academy and the Crossroads Christian Academy, providing international and faith-based education options.
Where to Eat: While Ancon is more residential, nearby areas offer a variety of dining options, including the historic Mi Ranchito on Amador Causeway.
Interesting History: Ancon has a significant place in Panama's history as the site where the treaty for the transfer of the Panama Canal from the U.S. to Panama was signed.
Parks: Ancon Hill is a natural landmark and a protected area, ideal for hiking and wildlife spotting.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

Panama City, Panama

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