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Coronado: Panama's Pacific Beach Town for Retirees
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Graeme McKenzie

Graeme McKenzie

Retired Kiwi living in Coronado, Panama · Retire 2 Panama

July 2026

Coronado: Panama's Pacific Beach Town for Retirees

Ninety minutes from Panama City, Coronado offers Pacific beaches, a strong expat community, and a relaxed retirement lifestyle at a fraction of the cost.

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Coronado Beach sits about 90 kilometres southwest of Panama City on the Pacific Coast. It is Panama's most developed beach community for expats and retirees — and for good reason. The town has grown significantly in the last decade. You will find a Rey supermarket, several good international restaurants, a hardware store, pharmacy, and medical clinic. For most day-to-day needs, you do not need to make the trip into the city. The beach itself is a long, dark-sand Pacific strand. The surf is real — consistent swells make it popular with surfers, and the wide beach is excellent for walking. Sunsets over the Pacific are the kind that make you reach for your phone every single evening. Rental prices are reasonable by any standard. A furnished two-bedroom house with a garden, walking distance from the beach, runs $700–900 USD per month. A newer condominium with pool and sea views is $900–1,300 USD. You are getting significantly more space and lifestyle than the equivalent rental price would buy in most NZ towns. The expat community is active and social. There are beach clubs, golf, weekend markets, and a calendar of community events. Many Coronado residents are Panamanians with weekend homes, which keeps the community genuinely mixed rather than a pure expat enclave. For anyone who pictures their retirement involving a morning walk on the beach, afternoon coffee in the shade, and dinner with friends watching the sun go down — Coronado delivers that life at a price that makes it sustainable.