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Property for sale in Coronado

14 properties · Median price $510,000

Buying in Coronado

Coronado is in the district of Chame, 54.9 miles from Panama City on the Carretera Interamericana, a drive Google Maps timed at 1 hour 28 minutes in usual traffic on September 15, 2026. A Super 99, a Riba Smith and the Clínica San Fernando Coronado are all in town.

The short-stay rule that binds owners in the capital stops at the district line. Ley 80 de 2012 bars rentals under 45 days without a tourism lodging permit in the district of Panamá, and Coronado is outside it.

Neighborhood guide

Living in Coronado, Panama: Homes, Costs and Daily Life

9 min read

Asking prices for houses in Coronado stood at $1,427/m² in October 2026, taken as the median of the last 3 readings, up 19.5% from $1,194 in April 2024. The figures are Panama Property Guide's own analysis of property listings.

Price history

TrueTrend

How asking prices per m² have moved in Panama City since 2017, with a monthly reading for Coronado.

  • Panama City (RIAL)
  • Coronado
$1,000$1,250$1,500$1,750$2,000$2,25020182020202220242026

October 2026

Panama City (RIAL)
—
Coronado
$1,427/m²

Panama City: median asking price per m² of 1 and 2 bedroom apartments of 20 to 100 m², priced $10,000 to $300,000, in Obarrio, Marbella and San Francisco, from the RIAL report by Universidad Torcuato Di Tella for the last week of each March and September. Coronado: Panama Property Guide's own analysis of asking prices per m² in property listings, one median per month. Each point is the median of that month's reading and the previous 2 readings. Asking prices are not sale prices. RIAL reports

Before you buy in Coronado

What does the buyer pay at closing on a Coronado resale?

Registration at the Registro Público: $10 per property plus $3 for each $1,000, on its published schedule. In a resale the seller carries the 2% transfer tax and the 3% income-tax advance.

Buying Property in Panama: Steps, Costs and Legal Risks

How much property tax does a house in Coronado pay?

It follows the cadastral value, not the price you pay. Registered as your primary residence, a home pays nothing on the first $120,000 and 0.5% from there to $700,000 under Ley 66 de 2017, so a cadastral value of $495,000 comes to $1,875 a year.

What should I check when I view a house in Coronado?

Start with the water. Coronado is supplied by IDAAN's Chame plant, and the Ministerio de Ambiente's 2024 report on the district records that supply is not regular, mainly in the dry season. Ask how big the tank is and how many days it covers, whether the generator runs the house or only the common areas, and what the association fee includes.

Is the beach in front of a Coronado house private?

No. Article 258 of Panama's Constitution puts beaches beyond private ownership, and Ley 80 de 2009 keeps a 22-metre strip from the Pacific high-tide line public, with easements so people can reach it. Streets inside the developments are another matter: in January 2002 the Supreme Court's Sala Tercera held that the street at the Calle Roberto Eisenmann gatehouse had never been transferred to the state.

About Coronado

The established Pacific beach town about 90 minutes from Panama City, with supermarkets, a private clinic, a golf course and a large resident foreign population.

According to Panama Property Guide's October 2026 reading, the median asking price for apartments in Coronado is $1,852 per m², from 19 asking prices in 9 buildings. Houses ask $1,427 per m², from 25 asking prices. Prices in every area

What is for sale here