Costa del Este is a trophy-tier Panama City submarket with average asking rent around $288/sqm/yr · ≈ $26.8 PSF/yr USD.

  • Average asking rent: $288/sqm/yr · ≈ $26.8 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: $264/sqm/yr · ≈ $24.5 PSF/yr USD ($25 USD).
  • Citywide vacancy: 26.4% — submarket-level availability is typically tighter at trophy tier.

Costa del Este, Panama City office rents and availability

Costa del Este is a trophy-tier Panama City submarket with average asking rent around $288/sqm/yr · ≈ $26.8 PSF/yr USD.

TL;DR

  • Average asking rent: $288/sqm/yr · ≈ $26.8 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: $264/sqm/yr · ≈ $24.5 PSF/yr USD ($25 USD).
  • Citywide vacancy: 26.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Costa del Este averages around $288/sqm/yr · ≈ $26.8 PSF/yr USD for Class A, against a citywide Class A index of 264. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Master-planned post-2010 trophy district. Tech, banking, multinationals, retail HQs, hospitality.

Key facts

cityPanama City
submarketCosta del Este
tiertrophy
averageRentLocal$288/sqm/yr · ≈ $26.8 PSF/yr USD
cityClassARentUsd$25/sqft/yr
cityVacancyPct26.4%

Frequently asked questions

What is the average Class A rent in Costa del Este, Panama City?
Around $288/sqm/yr · ≈ $26.8 PSF/yr USD. The citywide Class A index sits at $264/sqm/yr · ≈ $24.5 PSF/yr USD.

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Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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