https://panamasovereign.com/top-5-neighborhoods-buy-property-panama-city/ The article frames Panama City as a layered market reflecting both tradition and modern growth. Casco Viejo symbolizes preservation of heritage, Costa del Este and Santa María highlight suburban master planning, while Punta Pacifica demonstrates luxury waterfront living. El Cangrejo and Obarrio showcase mid-market vitality. With price ranges, buyer categories, and value projections included, the piece underscores how the city’s real estate mirrors its urban evolution.