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Area guide · Panama City

Living in Punta Paitilla: Bayfront Towers on the Cinta Costera

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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What is it like to live in Punta Paitilla?

Punta Paitilla is the bayfront peninsula of towers where Avenida Balboa ends, in the San Francisco district. It was a US military reservation until 1957 and from the late 1960s filled up with high-rises: today it is a maze of streets between apartment towers, several over 40 stories (The Point reaches 67 per OpenStreetMap).

Housing is almost all large 2- to 4-bedroom apartments, many with ocean views, maid's quarters and one apartment per floor; 1980s and 1990s towers (Mediterrané, Mirabel) stand next to new buildings such as Aquapoint. To the east it borders Punta Pacífica, which has its own guide.

It suits people who want to walk to the Cinta Costera, have two private hospitals in the neighborhood and the Corredor Sur entrance a step away, with groceries, banks and restaurants at Pacific Center and on Calle Ramón H. Jurado.

Pros

  • On the bay: the Cinta Costera starts in the neighborhood and many towers have ocean views.
  • Health care on foot: Hospiten Paitilla and The Panama Clinic inside the neighborhood and Pacífica Salud ~0.9 km away.
  • Large apartments: 200–400 m² 3-bedrooms with maid's quarters are the norm.
  • The Corredor Sur entrance a step away: Tocumen airport and Costa del Este without crossing the city.
  • Groceries, banks, pharmacies and restaurants at Pacific Center, Plaza Pacífica and on Calle Ramón H. Jurado.

Things to know

  • No Metro: the nearest station is ~1.6 km away.
  • Narrow streets and traffic on Vía Italia and Vía Israel at rush hour.
  • Many buildings are 25 to 40 years old: check the condo's condition, elevators and maintenance fee.
  • The public schools on Vía Israel are being rebuilt (2026) and there are no private schools inside the neighborhood.

Our take

Who is Punta Paitilla for?

It suits people who want a large apartment on the bay, with hospitals within walking distance and direct access to the airport: families, retirees and anyone who needs a maid's room.

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

200–400 m² apartments, the Cinta Costera starting in the neighborhood, and Hospiten Paitilla and The Panama Clinic inside the area. Against it: no metro (nearest ~1.6 km), narrow streets with traffic and many 25–40-year-old buildings: check the building, the elevators and the fee.

Cost of living

A 2-bedroom typically rents for $1,500–$2,600 a month and a 3-bedroom for $3,000–$5,900 (October 2026). For sale, asking prices run $1,190–$3,640 per m² (3-bedroom), depending on the age and condition of the building.

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 Paitilla stops on Avenida Balboa (routes C640 and S420). The nearest metro is Iglesia del Carmen (~1.6 km). The Corredor Sur entrance is right there, toward Costa del Este and Tocumen.

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 Punta Paitilla: prices

TypeAsking range /monthMost common
2-bedroom apartment$1,300 – $2,700~$1,500 – $2,600
3-bedroom apartment$2,500 – $7,000~$3,000 – $5,900
4-bedroom apartment$5,300 – $11,000~$5,700 – $7,000

Apartments and houses for sale in Punta Paitilla: prices

TypeAsking range
Studio or 1-bedroom$156,000 – $467,000 (typical ~$173,000–416,000; median ~$212,900 (21 listings). A mix of 24–32 m² micro-units (Mantra project) and ~75 m² units at Aquapoint.)
2-bedroom apartment$160,000 – $569,000 (typical ~$182,500–432,500; median ~$258,900 (43 listings). Examples: Vizcaya (113 m²) $165,000; Arrecife (120 m²) $195,000; Mediterrané (216 m²) $310,000; Aquapoint (116 m²) $428,000.)
3-bedroom apartment$235,000 – $1,173,000 (typical ~$326,000–798,000; median ~$510,000 (190 listings), the most plentiful supply in the neighborhood.)
4-bedroom apartment$395,000 – $2,000,000 (typical ~$566,000–1,500,000; median ~$1,250,000 (64 listings).)
Asking price per m² (3-bedrooms)$1,190 – $3,640 / m² (Middle 80 % of listings (our own calculation); median ~$1,890/m². For 2-bedrooms the median is ~$1,680/m².)

Asking-price ranges from Casas24 (Encuentra24 network) listings in the "Punta Paitilla" location, checked on November 7, 2026; duplicate listings counted once; range = 10th–90th percentile and typical = 25th–75th. We only counted listings that mention Paitilla or a Paitilla building, and excluded those that say Punta Pacífica, Coco del Mar, Marbella, Avenida Balboa or other areas. There are few 1-bedroom rentals (2 listings, ~$2,800–3,200 at Aquapoint). They are not closing prices or an appraisal.

Sources (listings checked in November 2026): Casas24 – apartamentos en alquiler en Punta Paitilla (7 nov 2026), Casas24 – apartamentos en venta en Punta Paitilla (7 nov 2026), Alcaldía de Panamá (DPU) – Fe de errata de la zonificación de San Francisco (ago 2025): límite Paitilla / Punta Pacífica, Wikipedia – Punta Paitilla.

Getting around Punta Paitilla

  • Metro: there is no station in Punta Paitilla. The nearest is Iglesia del Carmen (Line 1), ~1.6 km from the center of the neighborhood; Vía Argentina is ~1.9 km away. Fare B/. 0.35.
  • Buses: the MiBus Paitilla stops (I and R) are on Avenida Balboa, served by the C640 (Albrook–Cinta Costera–Panamá Viejo) and S420 (Corredor Sur–Albrook); at the Boulevard and Hospital Punta Pacífica stops, the C952 and C968 run to Vía Israel and Vía Argentina Metro. Fares are paid with the Metro card.
  • Car: the Cinta Costera and Avenida Balboa reach Casco Antiguo in minutes and the Corredor Sur entrance (toll with Panapass) connects to Costa del Este and Tocumen airport. Inside the peninsula streets are narrow, and traffic on Vía Italia and Vía Israel builds up at rush hour.

See stops and stations with maps →

Utilities in Punta Paitilla

💡Electricity
Naturgy (Edemet)
Naturgy (Edemet): the San Francisco district, where Punta Paitilla 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.

Estimate my monthly cost Utilities guide: how to set up electricity, water, gas and internet →

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Properties in Punta Paitilla

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Condo buildings (PH) and gated communities in Punta Paitilla

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 Punta Paitilla

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 Punta Paitilla

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Pet friendly

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🐾 Pet friendly

Pet-friendly Punta Paitilla

Punta Paitilla is a neighborhood of towers, but with the Cinta Costera at the door: the path starts at Plaza de la Democracia and runs along the bay, ideal for leashed dog walks. Pet Friendly Panamá has verified Athanasiou at Pacific Center, and Degusta tags Stizzoli and Lung Fung in the same mall as "Dog Friendly". Some buildings accept pets under their bylaws (Tiffany, Pacific Shore and Mirabel mention it in their listings): if you need a dog-friendly apartment, tell us in your request.

See more on Pet Friendly Panamá

Neighboring areas

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.

Rent in Punta Pacífica · Buy in Punta Pacífica · Area guide →

Living in Avenida Balboa

Bella Vista district (corregimiento), Panama City. This guide covers the strip between Calle 50 (Av. Nicanor de Obarrio) and the sea: Avenida Balboa and its waterfront towers, the Cinta Costera and Marbella, with Parque Urracá. The inner streets of Bella Vista Viejo (Calles 42 to 48 and the Calle Uruguay area) and La Cresta have their own guide: Bella Vista. Practical limits: Calle 50 and Vía España to the north (Obarrio, the banking district, Campo Alegre and El Cangrejo, in the same district, are not included: Obarrio and El Cangrejo have their own guides), the Matasnillo river and Punta Paitilla (which has its own guide) to the east, Panama Bay to the south and Calles 38 to 40 Este and Hospital Santo Tomás to the west. The official boundary with Calidonia is Calle 42, but the towers on the avenue between Calles 38 and 42 are marketed as Avenida Balboa or Bella Vista and are included too.

Rent in Avenida Balboa · Buy in Avenida Balboa · Area guide →

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.

Rent in San Francisco · Buy in San Francisco · Area guide →

Living in Obarrio

Bella Vista district (corregimiento), Panama City. We follow the neighborhoods of the Bella Vista local council: Obarrio and Campo Alegre, the strip between Calle 50 (Av. Nicanor de Obarrio, to the south) and Vía España (to the north), from Avenida Federico Boyd (west) to Vía Brasil (east), with Avenida Samuel Lewis through the middle. South of Calle 50 are Marbella and Avenida Balboa (another guide); west of Federico Boyd, Bella Vista Viejo and La Cresta (Bella Vista guide); north of Vía España, El Cangrejo; east of Vía Brasil, San Francisco; and to the southeast, across the Matasnillo river via Vía Israel, Punta Paitilla (another guide). Portals sometimes list this strip as El Cangrejo or Bella Vista.

Rent in Obarrio · Buy in Obarrio · Area guide →

Living in Coco del Mar

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.

Rent in Coco del Mar · Buy in Coco del Mar · Area guide →

Punta Paitilla FAQ

How much does it cost to rent in Punta Paitilla?

In listings checked on November 7, 2026, a 2-bedroom apartment asked ~$1,500–2,600 a month (median ~$2,000), a 3-bedroom ~$3,000–5,900 (median ~$5,100) and a 4-bedroom ~$5,700–7,000. These are asking prices, not closing prices.

How much does it cost to buy in Punta Paitilla?

In listings, a 2-bedroom asks ~$182,500–432,500 (median ~$258,900), a 3-bedroom ~$326,000–798,000 (median ~$510,000) and a 4-bedroom ~$566,000–1,500,000. The median asking price per m² is ~$1,890 for 3-bedrooms: 1980s and 1990s buildings come out much cheaper per m² than new towers.

Are Punta Paitilla and Punta Pacífica the same?

No: they are neighboring peninsulas in the San Francisco district. Punta Paitilla is the older one, at the end of Avenida Balboa; Punta Pacífica is the 1999 landfill to the east, home to Hospital Pacífica Salud and the JW Marriott. The Pacific Center and Plaza Pacífica strip (between Calle Ramón H. Jurado and Calle Otilia Jiménez Sarmiento) belongs to Paitilla under the 2025 municipal zoning, although people call it Punta Pacífica. Coco del Mar is a separate neighborhood further east, with its own guide.

Is there a Metro station in Punta Paitilla?

No. The nearest station is Iglesia del Carmen (Line 1), ~1.6 km from the center of the neighborhood. The MiBus Paitilla stops (routes C640 and S420) and the Corredor Sur entrance towards Tocumen are on Avenida Balboa.

Which hospitals are in Punta Paitilla?

Inside the neighborhood are Hospiten Paitilla (Hospital Paitilla) and The Panama Clinic, both private with 24-hour emergency rooms; Hospital Pacífica Salud in Punta Pacífica is ~0.9 km away.

Which company supplies electricity in Punta Paitilla?

Naturgy (Edemet): the San Francisco district, where Punta Paitilla 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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