A 20-minute hike from the top of forest-covered Cerro Ancón, this little B&B is one of the best places to stay in Panama City for visitors who want to escape the feel of a major metropolis. Set in a 1960s Canal Zone home, cheerfully renovated with bright colors, the 360-degree views here from the many balconies take in the Pacific entrance to the canal, as well as the occasional sloth, monkey, or deer. Countless species of birds can be found as well. Some of the rooms with terraces have bathrooms just outside the door, though they're private, so it's not a major concern. There is a mix of either wood or tile floors. Suites add a full kitchen and a sitting area. La Estancia has an onsite travel agency that can arrange trips around the city or country. Only five minutes from Albrook airport, this B&B is particularly convenient for those with early flights. A trip into town will require a car or a cab.