TuHogar en Panamá

Area guide · Panama City

Living in Coco del Mar: Bayfront Towers and Houses Between San Francisco and Panamá Viejo

San Francisco district (corregimiento), Panama City. We follow the "Coco del Mar and Viña del Mar" sector in the city planning office's (DPU) 2025 zoning of San Francisco, which groups the Coco del Mar and Viña del Mar neighborhoods: the strip between the Vía Israel–Avenida Cincuentenario axis (west and northwest) and the bay (east), from the mangrove by the Corredor Sur (south, along Calle Manuel de Jesús Quijano) to the boundary with the Parque Lefevre district, near Panamá Viejo (north; Parque Lefevre guide, which borders it). Streets include the end of Calle 50 (Nicanor A. de Obarrio), Andrés Mojica, Dr. Jaime de la Guardia, Esther Neira de Calvo, Juan R. Morales, José Matilde Pérez, Los Fundadores, Calle 79 Este, Calle 80 Este, Las Begonias and Las Amapolas. Across Avenida Cincuentenario are Loma Alegre and San Francisco de la Caleta (San Francisco guide, which borders it); to the southwest, Atlapa and Boca La Caja, and beyond them Punta Pacífica and Punta Paitilla, each with its own guide, reached via Vía Israel.

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What is it like to live in Coco del Mar?

Coco del Mar is the San Francisco neighborhood facing the bay between Avenida Cincuentenario and the sea, on the way to Panamá Viejo. It began in the 1930s as a subdivision of houses (the San Francisco de la Caleta church dates from 1933) and today mixes those houses with 25- to 50-story towers such as Le Mare, Windrose, Ocean Sky and Panorama. We include Viña del Mar, the adjoining neighborhood to the north, because the city plans them together.

It is small: per the 2023 census, Coco del Mar has 2,502 residents and 1,342 homes, and Viña del Mar 1,119 residents. Supply is mostly 1- to 3-bedroom apartments in towers with full amenities, plus a few large waterfront houses that rarely come on the market.

It suits people who want to live by the sea in a quiet neighborhood, without Paitilla's internal traffic, with Coco Parque and good restaurants within walking distance, and who accept having no Metro or supermarket inside the neighborhood.

Pros

  • On the bay and quiet: residential streets without through traffic, with sea views from many towers.
  • Coco Parque, a 1.3-ha public bayfront park, reopened in 2026.
  • Good restaurants on foot: Maito, Steinbock, Jimmy's, Botánica and the cafés at The Plaza and Le Mare.
  • Quick access to the Corredor Sur toward Costa del Este and Tocumen, and to Vía Israel toward Multiplaza.
  • Towers with full amenities (pool, gym, event room) and a few large waterfront houses.

Things to know

  • No Metro: the nearest station is ~2.6 km away.
  • No supermarket, pharmacy or school inside the neighborhood: you cross Vía Israel or go to Calle 50.
  • Congestion and little street parking at rush hour (residents themselves said so at the city's 2025 workshop).
  • Few houses for sale or rent, and expensive: the real supply is apartments.

Our take

Who is Coco del Mar for?

It suits people who want to live on the bay in a quiet residential neighborhood with restaurants within walking distance: couples, professionals working in Costa del Este or downtown, retirees and families looking for a 2- or 3-bedroom in a tower with full amenities.

The trade-off: what you gain and what you give up

You gain the sea, streets without through traffic, Coco Parque (reopened in 2026) and access to the Corredor Sur. You give up walkable services: there is no supermarket, pharmacy or school inside the neighborhood (the nearest Super 99 is ~0.6 km away, across Vía Israel) and the Metro is ~2.6 km away. At the city's 2025 workshop residents complained about congestion and lack of parking.

Cost of living

A 2-bedroom typically rents for $1,900–$2,350 a month and a 3-bedroom for $2,400–$3,500 (November 2026); a ~50 m² 1-bedroom in a new tower is around $1,450–1,700. For sale, a 2-bedroom asks ~$294,000–364,000. Add the building fee: in the listings we checked it ran from ~$240 to ~$670 a month depending on the building and size.

For utilities, a 2-bedroom apartment running air conditioning 8 hours a day in two rooms (3 people) would pay about $188 a month for electricity, water, 300 Mbps internet and gas, based on the current official rates used in our utilities calculator. Without A/C the figure drops sharply.

Getting around

MiBus Calle 79 Este and Jimmy stops on Avenida Cincuentenario (routes C640 and C641). The nearest metro is Fernández de Córdoba (~2.6 km). By car, the Corredor Sur leads to Costa del Este and Tocumen, and Vía Israel to Multiplaza and Punta Pacífica.

TuHogar en Panamá analysis using listing prices from November 2026 (sources in the prices section) and transport data checked on OpenStreetMap, MiBus and the Metro. We are not brokers: confirm each case before signing.

Reference prices · November 2026

Apartments for rent in Coco del Mar: prices

TypeAsking range /monthMost common
1-bedroom apartment$1,230 – $1,710~$1,450 – $1,700
2-bedroom apartment$1,650 – $2,500~$1,900 – $2,350
3-bedroom apartment$2,050 – $4,000~$2,400 – $3,500
4-bedroom house$4,300 – $4,600—

Apartments and houses for sale in Coco del Mar: prices

TypeAsking range
1-bedroom apartment$176,000 – $322,000 (typical ~$205,500–274,650; median ~$230,000 (27 listings); median ~$3,600/m² for ~56 m² units.)
2-bedroom apartment$255,000 – $416,000 (typical ~$293,750–364,250; median ~$332,400 (164 listings, the most plentiful supply). Examples: Quartier del Mar (120 m²) $245,000–270,000; Le Mare (139 m²) $285,000; Ocean Sky (147 m²) $375,000.)
3-bedroom apartment$275,000 – $832,000 (typical ~$360,000–589,750; median ~$451,800 (134 listings). Examples: Vita (164 m²) $430,000–460,000; Panorama (192 m²) $457,000; Santorini (340 m²) $745,000.)
4-bedroom apartment$673,000 – $1,300,000 (typical ~$675,000–1,000,000; median ~$825,000 (21 listings).)
House$680,000 – $2,000,000 (About 10 listings of actual houses (230–1,700 m², mostly 3–5 bedrooms); several are sold for the land.)
Asking price per m² (2- and 3-bedrooms)$1,590 – $4,610 / m² (Middle 80 % (our own calculation); median ~$3,510/m² for 2-bedrooms (new towers) and ~$2,250/m² for 3-bedrooms.)

Asking-price ranges from Casas24 (Encuentra24 network) listings in the "Coco del Mar" location, checked on November 8, 2026; duplicate listings counted once; range = 10th–90th percentile and typical = 25th–75th. We only counted listings that mention Coco del Mar, Viña del Mar or a building in the neighborhood, and excluded those naming Punta Pacífica, Paitilla, Costa del Este, Loma Alegre, Vía Porras or other areas, as well as offices and retail units. Few 4-bedroom rentals (4, from $3,570 to $10,000). They are not closing prices or an appraisal.

Sources (listings checked in November 2026): Casas24 – apartamentos en alquiler en Coco del Mar (8 nov 2026), Casas24 – apartamentos en venta en Coco del Mar (8 nov 2026), Casas24 – casas en venta en Coco del Mar (8 nov 2026), Alcaldía de Panamá (DPU) – Unidad territorial del sector Coco del Mar y Viña del Mar (zonificación de San Francisco, ago 2025), Alcaldía de Panamá (DPU) – Anexo 3, información por barrio de San Francisco (censo 2023).

Getting around Coco del Mar

  • Metro: there is no station in Coco del Mar. The nearest is Fernández de Córdoba (Line 1), ~2.6 km from the center of the neighborhood in a straight line. Fare B/. 0.35.
  • Buses: the MiBus Calle 79 Este and Jimmy stops (both directions) are on Avenida Cincuentenario: both are served by the C640 (Albrook–Cinta Costera–Panamá Viejo) and Calle 79 Este also by the C641 (Albrook–direct via Cincuentenario–Panamá Viejo), per OpenStreetMap; the C640 also stops on Vía Israel by Atlapa. Fares are paid with the Metro card.
  • Car: Avenida Cincuentenario leads to Panamá Viejo and Vía Israel; the Corredor Sur (toll with Panapass) runs along the coast to Costa del Este and Tocumen airport, or to Paitilla. Inside the neighborhood streets are short and residential; at the city's 2025 workshop residents named congestion and lack of parking as the main problems.

See stops and stations with maps →

Utilities in Coco del Mar

💡Electricity
Naturgy (Edemet)
Naturgy (Edemet): the San Francisco district, where Coco del Mar is, is in its concession.
🚰Water
IDAAN (often included in the condo HOA fee)
📶Internet & phone
+Móvil (Cable & Wireless Panamá) · Tigo Panamá
Panama's two operators; fiber depends on the building: check your address with each.
🔥Gas
Tropigas · Panagas
25 or 100 lb cylinders (Tropigas, Panagas). Tall towers often have central gas run by the building or do not allow cylinders: ask the management.
🗑️Garbage collection
AAUD (Autoridad de Aseo)
Panamá district: the garbage fee comes on the IDAAN bill.

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Properties in Coco del Mar

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Condo buildings (PH) and gated communities in Coco del Mar

Each building and gated community has its own page with verified amenities (pool, gym, 24-hour security, gatehouse, backup generator…), map, nearby places and the homes brokers list there.

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Places in Coco del Mar

Schools, supermarkets, clinics, transport and more: each category has its own page and each place its own page with prices (when published), hours, sources and map.

Schools in Coco del Mar

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Supermarkets in Coco del Mar

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Transport in Coco del Mar

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Gyms & sports in Coco del Mar

  • Bio Ritmo Multiplaza — Premium gym at Multiplaza. Mon–Fri 5–22, Sat–Sun 7–19. Price on its website.
  • PowerClub San Francisco — Gym Pass $49/month (all clubs and classes); Plus $59/month. Mon–Fri 5 am–10 pm.
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Parks & recreation in Coco del Mar

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Clinics & health in Coco del Mar

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Restaurants in Coco del Mar

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Pet friendly

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🐾 Pet friendly

Pet-friendly Coco del Mar

Coco del Mar is a good neighborhood for dog owners: Coco Parque, the public bayfront plot reopened in 2026, allows leashed pets (6:00 am to 7:00 pm), Botánica Pizza has a "Dog Friendly" terrace and Café Unido is listed by Pet Friendly Panamá; the Parque Omar dog park is ~1.3 km away. Note: pets are not allowed at the Panamá Viejo ruins. Some buildings make it easier (a Riviera del Golf listing mentions a pet wash station): if you need a dog-friendly apartment, tell us in your request.

See more on Pet Friendly Panamá

Neighboring areas

Living in San Francisco

San Francisco district (corregimiento), Panama City. This guide covers the San Francisco neighborhood (Calles 63 to 78 between Vía Porras and Vía Israel), Carrasquilla south of Vía España, Villa Lilla, Altos del Golf and Loma Alegre. Practical limits: Vía España and Pueblo Nuevo (north), Coco del Mar and Atlapa (east), Vía Israel, Multiplaza and Punta Pacífica (south) and Obarrio and Vía Brasil (west). Punta Pacífica, Punta Paitilla and Coco del Mar (with Viña del Mar, across Avenida Cincuentenario) have their own guides, as does Parque Lefevre (Chanis, Santa Elena, Panamá Viejo), which borders it to the northeast.

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Living in Punta Pacífica

San Francisco district, Panama City: a bayfront peninsula between Punta Paitilla (west; it has its own guide), Vía Israel and Multiplaza (north) and the Corredor Sur and Boca La Caja (east); past Atlapa lies Coco del Mar, which has its own guide.

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Living in Punta Paitilla

San Francisco district (corregimiento), Panama City. We follow the "Punta Paitilla" and "Paitilla" neighborhoods in the city planning office's (DPU) 2025 zoning of San Francisco: the peninsula south of Vía Israel, from the Matasnillo river and the end of Avenida Balboa (west) to Calle Otilia Jiménez Sarmiento and the Boulevard Punta Pacífica entrance (east), with the bay to the south. It includes the strip between Calle Ramón H. Jurado and Calle Otilia Jiménez Sarmiento (Pacific Center and Plaza Pacífica), which the DPU's August 2025 erratum places in Paitilla even though people usually call it Punta Pacífica; that is why those places appear in both guides. We also list the three public schools on the north side of Vía Israel, which the Ministry of Education and the press place "in Paitilla". Coco del Mar, in the same district and further east, has its own guide. To the west, across the Matasnillo, are Marbella and Avenida Balboa (another guide); to the north, Obarrio and San Francisco; to the east, Punta Pacífica.

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Living in Parque Lefevre

Parque Lefevre district (corregimiento), Panama City (official boundary: OpenStreetMap relation 11380922). It runs from Vía España and El Balboa (north) to the bay and the Panamá Viejo ruins (south); it borders the San Francisco and Río Abajo districts (west and north; Río Abajo has its own guide, across Vía España) and Juan Díaz (east). Neighborhoods: Chanis, Reparto Chanis, Santa Elena, Panamá Viejo, La Morelos, La Fontana, Reparto Nuevo Panamá, Puente del Rey, Villa del Rey, San Gerardo de Mayela, El Balboa, Carmen Cecilia, Casa Blanca and Altos del Romeral. Main roads: Vía España, Avenida Cincuentenario, Avenida Santa Elena, Avenida Ernesto T. Lefevre, Avenida José Agustín Arango and Avenida La Fontana. We leave out the strip of Costa del Este that officially falls in the district (southeast of the Corredor Sur and east of Avenida Cincuentenario, south of Avenida Centenario): it is in the Costa del Este guide. To the south, beyond Panamá Viejo, come Coco del Mar and Viña del Mar, and to the west Altos del Golf and Loma Alegre (San Francisco guide); all three areas border it.

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Coco del Mar FAQ

How much does it cost to rent in Coco del Mar?

In listings checked on November 8, 2026, a 1-bedroom apartment asked ~$1,450–1,700 a month, a 2-bedroom ~$1,900–2,350 (median ~$2,100) and a 3-bedroom ~$2,400–3,500 (median ~$2,650). There are hardly any houses for rent. These are asking prices, not closing prices.

How much does it cost to buy in Coco del Mar?

In listings, a 2-bedroom asks ~$293,750–364,250 (median ~$332,400), a 3-bedroom ~$360,000–589,750 (median ~$451,800) and a 4-bedroom ~$675,000–1,000,000. The few houses range from ~$680,000 to $2,000,000. Per square meter, new-tower 2-bedrooms are around ~$3,500/m² and older 3-bedrooms ~$2,250/m² (median).

Is Coco del Mar part of San Francisco? And Viña del Mar?

Yes: Coco del Mar and Viña del Mar are two neighborhoods of the San Francisco district, east of Avenida Cincuentenario. The city planned them together in the 2025 zoning, and this guide covers both. Punta Pacífica and Punta Paitilla are other neighborhoods of the same district, further southwest, each with its own guide.

Is there a Metro station in Coco del Mar?

No. The nearest station is Fernández de Córdoba (Line 1), ~2.6 km away. MiBus routes C640 and C641 run along Avenida Cincuentenario (Calle 79 Este and Jimmy stops) and the Corredor Sur connects to Costa del Este and Tocumen.

What is Coco Parque?

A public bayfront plot of about 1.3 hectares, with fruit trees and a gazebo, that had no free access for more than 20 years. The community council reopened the entrance on April 20, 2026; it is open daily from 6:00 am to 7:00 pm and allows leashed dogs. A project of about $700,000 has been approved to equip it and, as of November 2026, legal challenges against the demolition of the gatehouse that blocked access are pending.

Which company supplies electricity in Coco del Mar?

Naturgy (Edemet): the San Francisco district, where Coco del Mar is, is in its concession area. Water is supplied by IDAAN and garbage is collected by AAUD (the fee comes on the IDAAN bill).

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