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What Do Beachfront Condos and Beachfront Houses Cost in Panama? You're probably curious about what beachfront condos and beachfront houses cost in Panama. This blog is dedicated to giving you an overview of what beachfront real estate costs in the beach area and in Panama City.
Low Cost Beachfront Real Estate You can get an ocean view condo within a 5-minute walk to the beach at the Gorgona Ocean Front Condos. Gorgona is located right next door to Coronado, about 90 minutes from Panama City. The condos aren't new or luxurious, but you can get a little over 1000 square feet, 3 bedrooms and 2 bathrooms for $135,000. Gorgona has more locals and isn't a gated community, but it has a fish market and is only 10 minutes from the grocery stores and shopping in Coronado. Mid-Price Beachfront Real Estate in Panama
There are a lot of options for homes and condos in the mid-price range of $235,000 $400,000. You can buy a 2-bedroom condo at the Coronado Bay Condominiums right on the beach for about $235,000. This basic rule of thumb in the condo world is the higher the condo in the building, the more expensive. Also, the more direct view of the ocean, the more expensive. So $235,000 will get you a lower floor with a partial view. The same size condo on a higher floor with a full ocean view will cost about $365,000. You can also get a furnished 14th floor 1500 square foot condo with 3-bedrooms and 2.5 bath condo with central air conditioning at Rio Mar (about 10 minutes from Coronado in a gated community) for $400,000.