#Panama City #Panama #Sotheby's International Realty #Punta Pacifica Realty #Panama Sotheby's

Sotheby's International Realty Makes its Mark in Panama

On September 29, 2026, Sotheby's International Realty announced an exciting development: Punta Pacifica Realty in Panama City, Panama, has joined its prestigious network. This milestone signifies the brand's 65th office in the Caribbean and Latin America, further solidifying its stronghold in luxury real estate across these regions.

The Allure of Panama's Luxury Real Estate Market

Panama has quickly emerged as a prime destination for luxury real estate in Latin America. The country boasts a unique mix of stunning urban living, beautiful beachfronts, and serene mountain retreats, drawing in an array of international buyers. A combination of lucrative investment opportunities, appealing lifestyle, and global connectivity has made Panama an attractive place for wealth migration, corporate relocations, and retirement living.

Supporting these trends is Panama’s advantageous economic landscape, which operates under a U.S. dollar-based economy, a robust healthcare system, and one of the region’s leading international airports. The emergence of high-end branded residences and innovative waterfront developments has only elevated the luxury real estate market, making Panama a sought-after destination.

A Trusted Leader in Luxury Real Estate

Panama Sotheby's International Realty brings nearly two decades of experience in this competitive market. The firm has garnered a stellar reputation through its involvement in prominent developments, fostering lasting client relationships, and understanding the needs of affluent buyers. Currently, it caters to clients across Panama's most desirable residential and resort areas.

As the firm looks ahead, its goal is to expand further within the country and grow its team of affiliated real estate professionals. The leadership team includes industry veterans such as Duncan McGowan, the firm's CEO, who co-founded Punta Pacifica Realty in 1998; Jeff Barton, managing partner with a wealth of experience from his time at The Ocean Club; and Brian Kelly, vice president, who has over 15 years of experience in Panama’s real estate sector. They are complemented by Ana Patricia Hassan de McGowan, a principal broker known for her extensive market insight and expertise.

Exceptional Opportunities for Clients

With its latest addition, Sotheby’s International Realty aims to leverage its global reach to provide exclusive benefits to clients and affiliated agents. Duncan McGowan emphasized the invaluable advantage of combining their local expertise with the universally respected Sotheby’s brand, which is renowned for excellence in luxury real estate.

Philip White, president and CEO of Sotheby’s International Realty, echoed this sentiment, highlighting Panama's desirability as a real estate destination. The firm will continue to enhance its service offerings while connecting buyers and sellers throughout the nation.

The Sotheby’s International Realty network currently boasts over 26,100 independent sales associates across 1,100 offices in 86 countries and territories, ensuring unparalleled visibility for properties listed by Panama Sotheby’s International Realty. The integration also allows for enhanced marketing through exposure on the sothebysrealty.com global platform, along with additional marketing initiatives associated with Sotheby’s auction house.

Conclusion

Through the expansion into Panama, Sotheby’s International Realty strives to create fresh opportunities for luxury real estate clients both locally and internationally. With a dedicated team and a commitment to serving a diverse client base, the newly formed Panama Sotheby’s International Realty is positioned for remarkable success in the evolving landscape of luxury real estate.

As the firm prepares for its next phase of growth, it will continue to adapt to market demands while delivering exceptional service to clients seeking prestigious properties in this vibrant nation.