Coco del Mar is an exclusive suburban residential area in Panama City found between the district of San Francisco and "Panama Viejo" (Old Panama) right along the Pacific coastline. The area is a blend of large single family homes and highrise apartment buildings. Coco del Mar is fastly developing as an ideal oceanview residential area where the property values tend to be a little lower when compared to similar type developmental areas of Panama City.

Another plus for making this an ideal investment is the fact that the property sits on the street "Calle Cincuentenario" which is one of Panamas best thoroughfares for getting quickly to different parts of Panama City. Thusly, all the amenities that one would need are all within a short distance of the site. Furthermore, this location is just a couple of minutes away from a major expressway/tollroad that takes you to either Marbella (downtown Panama City) or Panamas International Airport in under 15 minutes.

The property encompasses three separate lots that together total 2000 m2 (about a half acre). And the area is zoned for dwellings that can be no higher than 20 levels/stories. That said, if a 20 level "tower" was to be built in this spot the great majority of its residents would have a full spectrum of unobstructed oceanviews.