Coronado is a highly popular and developed beach town on the Pacific coast of Panama, located an hour or so from Panama City.
It has a large, thriving, ex-pat community that is growing all the time but is also a getaway for Panamanians in need of a sun-soaked beach break.
As one of Panama’s first weekend/resort developments, Coronado is several years of development ahead of the other surrounding beach towns. Coronado caters for most First World needs with a number of shopping complexes featuring five supermarkets, hardware stores, homeware stores, a number of restaurants and fast food options, doctors (including English-speaking clinics), dentists, opticians, a thriving Thursday expat market, and two cinemas (though English showings are generally limited to once per week). For families with children, there is also Coronado International School (https://corointschool.edu.pa/), which covers Preschool to High School following the US curriculum.
Those living here can still enjoy many—if not all—of the conveniences of life back home, many at a comparatively reduced rate. While there is significant development in this area, there are definitely still opportunities for growth, property appreciation, and new businesses and services.
Real Estate in and around Coronado is attractive for several reasons, including its natural beauty, warm climate, low cost of living and its many amenities. In addition to those listed above, Coronado boasts one of the finest professional golf courses in Latin America. The course has 18 holes and was designed by Tom Fazio, one of the best golf course designers in the world.
In addition to the golf course, Coronado also has professional tennis courts, pickleball courts, and an Equestrian Club that has world-class equine facilities. There are also sea-based activities too including fishing, snorkeling, and scuba diving nearby in the clear waters off the coast.
The beach is a mix of white and black volcanic sand, and the various stretches of beaches go on for miles. During the week you can usually have huge stretches of beach all to yourself, though at the weekend, particularly in the summer (Dec-Apr), it can be much busier. This can also lead to significant congestion on the roads, especially during national holidays.
Other condo buildings in Coronado are Coronado Golf, the Alcazar, and Serena Towers.