.jpg)
Coronado, Panama, itself, is definitely a place to look for real estate, and there are a lot of new developments here.
To start with the beach towns, Chame, which is 75 miles away from Panama City, is the first beach town, but there are no stores, hospitals, or malls there. If you were to live in Chame, you have to commute to Coronado, and that can take half an hour or more each way.
The next beach town is Gorgona (77 miles away from Panama City by car) and there is a new beach development going in there, but Gorgona is not as nice a beach as Coronado, because in Coronado, there are people who take care of the beach. They clean and groom the beach. That does not happen in Gorgona.
All the beaches in Panama are public, but the roads to get to the beach are not.
The next town after Coronado to the west is Punta Barco (Boat Point). Punta Barco is 5 to 10 minutes away from Coronado. They have exclusive million dollar homes over there and again the beaches are public, but there are two guard gates and you will not be able to get in through the gates to one of those beaches.
Going further to the west is Vista Mar (15 minutes away from Coronado by car), which is also a gated golf course community. It is the only golf course in the country of Panama where you can see the ocean from the golf course. They are now putting up a marina there, too. The developers that are developing that marina have a helicopter, and they have a boat that is big enough to land the helicopter on. Vista Mar is a really nice development.
Continuing to the west, there is another development called Rio Mar (above photo), which is around 20 minutes away from Coronado by car, and if you go further to the west, there is a new airport being developed at kilometer marker 115. This airport is currently called by different names, but it is in the town of Farallon. Right now, flights are coming in every day from Toronto, Canada and it’s my understanding that starting November, there will be flights coming in from Montreal, and in December, there will be new flights coming in from Minneapolis. The airline is Sunwing. When the Canadians come in from these nonstop flights, they have a choice to stay in four all-inclusive resorts and they can stay for a week. The pricing is pretty good, because they are promoting for people to come over to Panama. The resort that we recommend is Riu at Playa Blanca, which is a new resort. Next to Riu, I would recommend the Royal Decameron Resort, which is also an all-inclusive resort.
Another beach community is Buenaventura, which is about 77 miles away from Panama City. Buenaventura has a Jack Nicklaus golf course and a JW Marriott Hotel. Buenaventura is one of the nicest developments in the country of Panama. It is a very beautiful beach community. I would say the top three best beach developments would be Buenaventura, Vista Mar, and then Rio Mar.