Many times you have heard that Coronado, located just one hour away from the city of Panama, has a very particular lifestyle and its beaches are perfect for a total enjoyment. But how does it compare Coronado with California? In this article, we will discuss some points that will provide similarities between these two places.

Gogetit Highlights

* Coronado is a place characterized by a relaxed lifestyle, perfect for retirees or for a few days to disconnect from the hustle of the city.

* Coronado has beautiful beaches and a variety of shops where you can get everything.

* The houses and apartments in Coronado, have a little lower than the prices of the city, which makes it ideal investment in this area.

“Coronado is Life.” That slogan is the characteristic of this area. And this can not be truer: Living in Coronado provides many benefits, from low sales and rentals of houses and apartments to a very good quality of life and very quiet, with beautiful beaches just minutes away.

According to an article published by the International Living website, Coronado is perfectly comparable to California, USA. “If you are looking for a California lifestyle with a smaller price tag then look no further, come to Coronado, Panama. Do you dream of a lifestyle of California but think you can not afford it? If so, you’ll want to consider Coronado, Panama. “

In terms of total expenditure, a couple need a total of between U.S. $ 2,000 to U.S. $ 3,000 per month to live comfortably inside the gates of Coronado (including rent). Monthly rentals can be found in amounts ranging from $ 1,000 to $ 2,000, and homes sell for $ 175,000 to $ 300,000 or more. Note that the monthly budget of a couple could be 40% to 50% lower than it was in North America.

Interested in houses in Coronado Panama?

Coronado may not seem like a bargain compared to all the cities in the U.S. But compare with that Coronado California lifestyle and get the following things in common: The weather is sunny, local calm, uncrowded beaches, the food is very good and also can practice lots of activities such as tennis, yoga classes, and more.

In the article, also referenced as follows: “For example, how much would you pay for a nice house on the coast of California? Say, three bedrooms and two bathrooms, with more than 6,000 square feet of construction, including a swimming pool, covered terrace and utility room? And they say the home is in an exclusive gated equestrian club with community, just a few blocks from the beach? In Coronado, only one house is currently listed for $ 280,000.”

In a similar community in California, you could easily pay double, triple or even quadruple that amount. Even in “less expensive” communities of the Central Coast, the average prices of dwellings (houses of about 1,200 square meters and without pool) is much higher than what you would pay in Coronado, in the range of U.S. $ 350,000 to U.S. $ 450,000.

Although Coronado is not the cheapest destination Panama retirement, it is true that offers exceptional growth in the last five years. Coronado has become hub of this region of the Pacific coast. Where once there was a golf course, a beach club, and not much more, there are new shopping malls, shops, restaurants, a hospital, and more. There is high speed internet, cable TV and mobile phone services for calls and data. In short, it has everything.

Coronado attracts expats (and locals, who possess many of the houses here) now more than ever. The more people who agree to stay in Coronado, full-time attractive this community gets. Also, get a lot of people who speak both English and Spanish, reflecting the integration of these two communities.

Would you like to live a lifestyle of California but without the high prices? Come to Coronado!

See the listing of houses in Coronado Panama

Silvia Merida Pellicer
Gogetit Content Manager. Author of important reviews for Gogetit News, “The #1 Source for real estate news in Panama.”
Specialized in the search and analysis of the most important news about real estate in Panama.