Costa del Este is a trophy-tier Class A submarket of Panama City with average asking rent around $288/sqm/yr · ≈ $26.8 PSF/yr USD.
Master-planned post-2010 trophy district. · Tier: trophy · Avg rent: $288/sqm/yr · ≈ $26.8 PSF/yr USD
Costa del Este — the master-planned post-2010 mixed-use redevelopment east of central Panama City — anchors the city's principal post-2010 Class A trophy frontier.
Tech, banking, multinationals, retail HQs, hospitality.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Panama Metro Line 2 (Costa del Este planned), MiBus.
Multi-modal transit captures the metro's principal professional catchment.
Town Center Costa del Este, Multiplaza.
Costa del Este is one of 5 Class A submarkets we cover in Panama City, classified as trophy tier with an average asking rent around $288/sqm/yr · ≈ $26.8 PSF/yr USD. Compared with the broader Panama City Class A stock, Costa del Este typically attracts Tech, banking, multinationals, retail HQs, hospitality and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Costa del Este: Banking District (Calle 50), Punta Pacifica, Obarrio / Marbella, Panama Pacífico. The full Panama City submarket atlas is at /cities/panama-city.
For an institutional Class A occupier evaluating Costa del Este, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Panama City Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.