Coronado Resort, on the beach 80 km west of Panama City, one of the best known, and longest-established developments in Panama, has launched a new residential complex, “El Alcázar”, designed for the growing community of foreign retirees and relocating families in Panama. Its most striking feature is a 21-story condominium overlooking Coronado’s superb golf course.

El Alcázar offers 64 four-bedroom residences with ample balconies offering vistas of the Pacific Ocean and the forest-clad hills of the Continental Divide. There will be 24-hour security, a heliport, a modern emergency alarm system, connections for internet and cable TV and two central air conditioning units.

Residents of El Alcázar will be entitled to free membership at Coronado’s golf, beach and equestrian clubs, in addition to the resort’s Full Wellness Spa (the therapists of which are trained in alternative medicine at the prestigious Uplledger Craneal Sacral Institute) and other facilities. Owners also will also have the right to rent their apartments to third parties. Starting as a beach residential complex in the 1940’s, Coronado has become one of the most complete tourist communities in Panama.