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Santorini

Calle 79 Este & Calle Las Amapolas

Coco del Mar5.0 · 4 reviews

Updated Nov 1, 2026View on the map

What are you looking for at Santorini?

Rentarea $2,000/moBuybuilding $2,031/m²Sellwhat yours is worth

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$2,000
rent/month, area
$2,031
per m², building
5.0
4 Google reviews

Building data and Google reviews; asking prices on listing portals for Coco del Mar, as of Nov 1, 2026. Sources and method

About Santorini

A horizontal-property apartment building in the Coco del Mar sector — close to the coast and the Bay of Panama.

Santorini is a residential horizontal-property building located on Calle 79 Este, in the Coco del Mar sector inside San Francisco. Its proximity to the coastline and the Bay of Panama positions it in the coastal residential segment of the corregimiento, an area that combines low-density mid-rise stock with quieter streets compared with the Via Cincuentenario axis.

The 4 verified reviews on Google Maps accumulate an average rating of 5 out of 5. Resident descriptions concentrate on two attributes: the building's positioning in the Coco del Mar zone and the unit segment — apartments described as luxury. The structured information of the building (floors, total units, year built, and amenities) is not published in open data, and direct confirmation with management is recommended before advancing. Buyers should also request the unit's specific floor plan, square footage, and any capital improvement history during their visit to validate the luxury claim documented in reviews.

Availability at Santorini

Rent

Ask the PanamaProp team about rentals: we check what is coming up in the building based on your bedrooms, budget and move-in date.

Sale

Ask the PanamaProp team about units for sale: we review the building's units based on your bedrooms and budget.

Market data

$872K
Average sale price
9 comparables
—
Average rent
no data
$2,031/m²
Median $/m²
9 units
66 days
Days on market
9 active listings

Stats aggregated from active public-portal listings. Minimum 3 comparables per bucket required to publish an average (noise filter).

Asking prices describe published listings. A zone reference covers a wider area and is not a closing price for this building. Compare sale and rental data separately, checking each sample and date.

What's nearby

55 places within a 10-minute walk.

Santorini ranks 1st of 13 buildings in Coco del Mar for school access: Sunrise Montessori Preschool is a 1-minute walk, against a zone median of 2 minutes. Santorini ranks 3rd of 13 buildings in Coco del Mar for gym access: Triada Yoga is a 3-minute walk, against a zone median of 3 minutes. Santorini has 2 malls within 500 meters; the closest, Plaza Cincuentenario, is a 4-minute walk. LOS SOBRINOS DEL DIABLO is the nearest park to Santorini: a 7-minute walk, against a Coco del Mar median of 6 minutes.

  • Nearby gymsTriada Yoga3 min walk
  • EducationSunrise Montessori Preschool1 min walk
  • HealthcareAsilo Santander3 min walk
  • ShoppingPlaza Cincuentenario4 min walk
  • ParksLOS SOBRINOS DEL DIABLO7 min walk
  • RestaurantsSteinbock2 min walk
  • Specialty cafesKokoma Specialty Coffee4 min walk
  • CoworkingOficinas 562 min walk
See the 3 closest places in each category

Nearby gyms

  • Triada Yoga3 min207m
  • Medra Panama4.8 (18)4 min304m
  • Hard Pack Training Center5.0 (1)5 min363m

Education

  • Sunrise Montessori Preschool5.0 (10)1 min68m
  • Cleverest, Coco del Mar5.0 (8)2 min143m
  • Peekaboo Preschool Panama5.0 (9)4 min250m

Healthcare

  • Asilo Santander3 min178m
  • Clinica Los Portales - San Francisco 24 horas2.7 (69)10 min751m
  • CLÍNICA VITALMED4.9 (739)12 min948m

Shopping

  • Plaza Cincuentenario4.5 (66)4 min289m
  • The Plaza Coco del mar3.0 (7)4 min298m
  • Moda y Salud 5077 min542m

Parks

  • LOS SOBRINOS DEL DIABLO7 min507m
  • Coco Parque5.0 (43)7 min517m
  • Puerta Este del Parque Omar4.5 (42)10 min721m

Restaurants

  • Steinbock4.6 (778)2 min106m
  • ALEGRIA5.0 (2)2 min144m
  • Nance BBQ4.8 (12)2 min147m

Specialty cafes

  • Kokoma Specialty Coffee4.6 (550)4 min318m
  • Petopia Panamá4.5 (53)6 min405m
  • Tequeños Prontomasa San Francisco4.8 (82)7 min520m

Coworking

  • Oficinas 564.2 (12)2 min135m
  • Flexo Coworking Panama5.0 (29)8 min616m
  • Nómadas Coworking Boutique5.0 (6)8 min636m

Living at Santorini

Resident profile

Is Santorini right for you?

Recommended for

  • Buyers seeking a luxury unit in the Coco del Mar sector with proximity to the coastline.
  • Residents who prioritize a premium residential positioning inside San Francisco.

Keep in mind if

  • Investors who depend on complete structured information before advancing — floors, units, and year are not published.
  • Buyers who require documented premium amenities — the specific package is not published.

Review summary

What residents and visitors highlight

Analysis of 4 verified Google Maps reviews.

Unit segment

Mencionado positivamente

Apartments described as luxury. It is advisable to confirm square footage, finishes, and the specific floor plan during the visit.

Coco del Mar sector

Mencionado positivamente

Position in the Coco del Mar zone, close to the coastline and the Bay of Panama. An attribute valued by residents.

Limited sample

Mencionado positivamente

Only 4 verified reviews. It is advisable to complement with an in-person visit to validate the operational state and common areas.

Google Reviews

5.0(4)
Rolando Arturo Marquez Ramos

Esdificio de apartamentos de lujo en propiedad horizontal, ubicados en la zona de Coco del Mar. Cercano a la Costa y la Bahía de Panamá.

Nicola Scappaticci

Simplemente hermoso

Richard Rojas

Edimar Hermoso

PanamaProp analysis

Investment thesis

Read the full analysis (in Spanish)

Análisis de inversión

Santorini se posiciona en el segmento alto del corregimiento San Francisco, con un rango documentado entre USD 745,000 y USD 1,400,000 para unidades en el sector de Coco del Mar. Aplicando rendimientos brutos típicos del corredor costero entre 0.5% y 0.7% mensual, una unidad cercana al piso del rango podría generar entre USD 3,725 y USD 5,215 mensuales en alquiler bruto, mientras que una unidad cercana al techo se ubicaría entre USD 7,000 y USD 9,800 mensuales antes de gastos. La proximidad a la Bahía de Panamá y a la línea de costa fortalece la demanda de alquiler ejecutivo, segmento que tradicionalmente sostiene precios incluso en ciclos de desaceleración.

Frente al alternativo de bonos panameños, que rinden entre 3% y 4% anual, la inversión en Santorini exige administración activa, asume vacancia entre rotaciones y depende del estado de la unidad. La calificación promedio de 5 sobre 5 en 4 reseñas verificadas es un dato positivo pero estadísticamente débil dada la muestra reducida. El segmento de unidades de lujo descrito por residentes apunta a un comprador con tesis de preservación de capital más que de cash flow puro.

Ideal resident profile

Read the full analysis (in Spanish)

Perfil de residente

El posicionamiento en Coco del Mar, la cercanía a la Bahía de Panamá y el segmento de unidades de lujo descrito por reseñas configuran un perfil ideal de ejecutivos senior, parejas sin hijos en edad de consolidación patrimonial y compradores extranjeros que valoran la línea costera dentro de San Francisco. La zona ofrece acceso al Parque Omar, al corredor Vía Israel y al circuito comercial de Multiplaza sin las congestiones más severas del corredor central.

No calza con compradores que buscan unidades de entrada o que dependen estrictamente de cash flow agresivo, ya que el ticket alto comprime el rendimiento porcentual. Tampoco se adapta a familias numerosas que requieren múltiples recámaras de servicio o casas con jardín extendido. La ausencia pública de información estructurada sobre pisos, unidades totales y año de construcción exige debida diligencia adicional antes de comprometer capital, especialmente para inversionistas que requieren documentación completa del activo.

Compared with similar buildings

Read the full analysis (in Spanish)

Posicionamiento relativo

Dentro de San Francisco, el sector Coco del Mar opera como uno de los micromercados más establecidos por su frente costero y baja densidad relativa. Santorini se ubica en el tier alto de inventario del corregimiento, con precios que superan el promedio reportado para San Francisco general. Frente a torres del eje Vía Israel o Calle 50, ofrece la ventaja diferenciadora de la proximidad a la costa, atributo escaso dentro del corregimiento.

Comparado con productos premium de Punta Pacífica core o Costa del Este, Santorini cede en prestigio de zona reconocida internacionalmente, pero compite favorablemente en términos de tranquilidad relativa y consolidación urbana del entorno inmediato. El segmento de lujo dentro de Coco del Mar suele atraer compradores que priorizan privacidad sobre escala vertical extrema, perfil distinto al de torres icónicas más densas.

Risks to consider

Read the full analysis (in Spanish)

Factores de riesgo

La iliquidez es el riesgo estructural permanente del activo inmobiliario. En el rango de USD 745,000 a USD 1,400,000, el universo de compradores se contrae significativamente y los tiempos de venta pueden extenderse entre 8 y 18 meses, especialmente en ciclos de tasas altas que reducen la demanda hipotecaria local. El comprador debe asumir esta ventana antes de comprometer capital.

La ausencia de información estructurada pública sobre pisos, año de construcción, total de unidades y amenidades obliga a realizar verificación documental exhaustiva. Antes de cerrar, se recomienda solicitar actas de junta de propietarios, estado de reservas de mantenimiento, certificación del Cuerpo de Bomberos y verificación de cumplimiento de Ley de Propiedad Horizontal. La muestra de 4 reseñas es estadísticamente débil. Adicionalmente, la proximidad costera implica exposición a salinidad y mantenimiento especializado de fachadas, factor que debe verificarse en el historial de gastos extraordinarios del edificio.

What is the return on investing here?

Monthly cash flow, 5-year ROI, break-even and payback, in 2 minutes.

Do you own an apartment at Santorini?

What yours is worth (PanamaEstimate)

PanamaEstimate

Instant valuation

Powered by PanamaProp · 531 verified buildings

Estimates, ROI and projections are for reference only and are based on aggregated market data. Independent market analysis; not personalized financial advice.

Your building report

Available listings, asking prices and dated market references. It is a reference, not an official appraisal.

For owners

Do you own a unit in this building?

This page shows 9 sale or rental listings at Santorini. Compare asking prices for the transaction you are considering.

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Compare before you decide

Frequently asked questions

How much does an apartment in Santorini cost?

According to PanamaProp's catalog, the median sale price in Santorini is $835,000 (~$2,031/m²), based on 9 listed units as of Sep 24, 2026. These are active-inventory market figures, not an appraisal; contact us for a formal valuation.

Where is Santorini located?

Santorini is in Coco del Mar, Panama City. The map at the top of this page shows its location.

Are there apartments for sale at Santorini?

Yes. This page shows sale listings published on portals for Santorini. Ask the PanamaProp team about availability before visiting.

Are rentals available at Santorini?

Ask the PanamaProp team about rentals: we check what is coming up at Santorini based on your bedrooms, budget and move-in date.

How do I ask about availability at Santorini?

Use the "Ask our team about availability" button: it opens Alma with Santorini already selected. You can also request an alert when a unit is listed or write to info@panamaprop.com.

How do you get to the Metro from Santorini?

From Santorini, public transport is by bus or car: the nearest Panama Metro station is beyond walking distance.

Which schools are near Santorini?

Within walking distance of Santorini: Sunrise Montessori Preschool (1 min).

New to Panama? Get the complete guide

Property types, the 9 premium areas, financing, Law 81, taxes and legal due diligence, in a free guide.

Sources and method

Building data; reviews and places from Google Maps; asking prices on listing portals; map © OpenFreeMap and © OpenStreetMap. Updated .

Data methodology (in Spanish)

Verified with Google and public sourcesPublished, auditable methodology
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