Costa del Este (trophy, ~$288/sqm/yr · ≈ $26.8 PSF/yr USD) is one of 5 Panama City Class A submarkets we track.
Costa del Este (trophy, ~$288/sqm/yr · ≈ $26.8 PSF/yr USD) is one of 5 Panama City Class A submarkets we track.
**Banking District (Calle 50)** (trophy, $312/sqm/yr · ≈ $29 PSF/yr USD) — Heritage international banking trophy. **Punta Pacifica** (trophy, $312/sqm/yr · ≈ $29 PSF/yr USD) — Premium waterfront mixed-use trophy. **Obarrio / Marbella** (prime, $264/sqm/yr · ≈ $24.5 PSF/yr USD) — Heritage commercial spine. **Panama Pacífico** (established, $240/sqm/yr · ≈ $22.3 PSF/yr USD) — Master-planned Pacific-side SEZ.
| city | Panama City |
|---|---|
| submarket | Costa del Este |
| tier | trophy |
| averageRentLocal | $288/sqm/yr · ≈ $26.8 PSF/yr USD |
| cityClassARentUsd | $25/sqft/yr |
| cityVacancyPct | 26.4% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.