Costa del Este

Real Estate update

As a real estate entrepreneur working in Panama, I’m always on the lookout for promising new real estate in Panama with growth potential . A colleague recently shared an intriguing article with me about a place called Costa del Este. According to the author, Jose Manuel Bern, Costa del Este has transformed dramatically over the past 20 years from a barren landscape to a thriving suburban community.

Costa del Este was carefully planned from the start to become a premier business and residential destination. With over 760 acres to work with, developers were able to install top-notch infrastructure like underground power lines, wide roads, parks and walking paths. The location is also extremely convenient, situated just 15 minutes from Tocumen International Airport with a direct connector road.

This has made Costa del Este very attractive for multi-national corporations seeking an strategic Panama City area headquarters. Major brands like Adidas, Procter & Gamble, Nestle,National Brewery, S.A., Copa Airlines, DHL Panama, S.A., Diageo Panama, S.A., Deloitte, Inc. and others have set up offices here to take advantage of the airport access and proximity to the Panama Canal. In fact, Costa del Este has indeed become the de facto business hub of Central and South America.

Beyond commerce, Costa del Este also caters beautifully to residential living. Sprawling green spaces and parks provide recreation, while neighborhoods boast amenities like excellent schools, a world-class hospital, groceries and restaurants from around the world.

Recent condominium and apartment complexes profiled in the article offer lavish units with sweeping ocean or city views.

As the area has grown in popularity, developers continue working at a breakneck pace to meet housing demand. Rents have risen significantly with increased corporate stipends, yet new projects promise attractive options for both local professionals and foreign executives relocating long-term.

It’s easy to see why Costa del Este has become such a hot locale for real estate in Panama. After reading this insightful article, I’m more convinced than ever of the investment opportunities that could exist there. I look forward to exploring this vibrant suburb further and seeing what the next 20 years may bring.

We at Utopia Realty are proud to be associated with the Empresas Bern Group and are one of their favoured real estate companies that proudly has all of their properties available to present to you. If you are a serious buyer of investor contact us because we have exclusive special deals available for our customers that you cannot get from anyone else.

So here are 6 reasons you might want to have a closer look at this unique neighborhood in Panama City

Ocean Views:

Costa del Este is blessed with breathtaking views of the Pacific Ocean. The glistening waters, golden sunsets, and expansive coastline provide endless opportunities for stunning seascape photography. Capture the waves crashing against the shore, the vibrant colors of the sky reflecting on the water, and the serenity of the ocean stretching into the horizon.

Modern Architecture:

The neighborhood of Costa del Este boasts impressive modern architecture. From sleek high-rise buildings to stylish residential complexes, the skyline of Costa del Este is a sight to behold. Capture the unique angles, glass facades, and innovative designs that make these structures stand out. Don’t forget to photograph the contrasting play of light and shadows during different times of the day.

Green Spaces and Parks:

Costa del Este is known for its well-maintained parks and green spaces. These areas provide a refreshing escape from the urban hustle and bustle. Photograph the lush greenery, colorful flowers, and tranquil ponds that create a peaceful atmosphere. Capture families enjoying picnics, children playing, and people engaging in outdoor activities.

Pedestrian-Friendly Streets:

One of the highlights of Costa del Este is its pedestrian-friendly streets. Wide avenues, well-paved sidewalks, and landscaped boulevards make it a joy to explore on foot. Capture the vibrant street life, people strolling along the sidewalks, and the seamless integration of nature and urban infrastructure.

Commercial Areas:

Costa del Este offers a range of commercial areas, including shopping malls, cafes, and restaurants. Photograph the lively atmosphere of these spaces, showcasing the variety of shops, outdoor seating areas, and vibrant street art. Capture the energy of people shopping, dining, and socializing, giving a glimpse into the vibrant lifestyle of Costa del Este.

Recreational Facilities:

Costa del Este provides ample opportunities for recreation and leisure. Photograph the well-equipped gyms, swimming pools, and sports facilities that cater to residents’ active lifestyles. Capture people engaging in fitness activities, children playing in playgrounds, and the overall sense of well-being that permeates the community.