Grupo Los Pueblos announce Beachfront Resort in Playa Caracol

Grupo Los Pueblos has announced their new project in Playa Caracol, Punta Chame, Margaritaville Beach Resort. The Beachfront resort is in collaboration with the global lifestyle brand Margaritaville.

The announcement was made May 16, 2024 that the exciting new project: Margaritaville Beach Resort & Residences Playa Caracol is experected to open its doors in mid-2027.

Hotel guests can look forward to the classic Margaritaville amenities, including the iconic 5 o’Clock Somewhere Bar and License to Chill Bar & Grill. Crafted by The McBride Company, the development will cater to both full-time residents and those seeking rental opportunities.

Playa Caracol, situated in the Chame District just 1 hour and 10 minutes from Panama City, is rapidly emerging as a sought-after destination for tourists, digital nomads, and expats.

While this area still does not have it’s own grocery store, there is a range of of recreational activities, including surfing and kiteboarding. Shopping centeres are nearby in Coronado, about 30 mins from Playa Caracol.

Here is what the international brand has to say about their newest location: 

“At Margaritaville, we’re always looking for locations that are diverse and multifaceted, so Playa Caracol was the perfect destination to introduce this new way to live. In addition to its growing popularity as a retirement destination, Panama is a bright and inspirational country that brings together elements of fast-paced business with a relaxing lifestyle, similar to Margaritaville’s ethos,” said Tamara Baldanza-Dekker, Chief Marketing Officer at Margaritaville. “Honoring the historic elements of the area and its vibrant future, Margaritaville Beach Resort & Residences Playa Caracol will feature thoughtful design inspired by the country’s energy as a global hub as well as its dynamic landscapes.”

Developed by Panamanian developer Grupo Los Pueblos, Margaritaville Beach Resort & Residences Playa Caracol will offer several types of residences, including 80 cottages and 181 high-rise multi-family units. Ranging from 750 sq. ft. to 1,500 sq. ft., the residences cater to various lifestyle needs. Prices starting in the $300,000s. 

These residences also come with flexible options, whether for full-time living or inclusion in a rental program.

This is resort-style living, with amenities that fit the island-inspired design behind the Margaritaville brand. 

Here is what the CEO of Grupo Los Pueblos has to say about the newest development: 

“We are thrilled to bring the Margaritaville lifestyle to a destination as distinct as Panama,” said Alfredo Alemán, CEO of Grupo Los Pueblos. “As a modern metropolis and regional hub, Panama City offers world-class services, including international banks, malls, hospitals, cruise terminals, convention centers, and the region’s best-interconnected airport. Our beachfront location boasts a comprehensive amenities program designed to guarantee an unforgettable living experience.”

To learn about about Margaritaville Beach Resort & Residences Playa Caracol, and surrounding beach communities email playa@playacommunity.com