La Concordia

Boutique hotel in Panama City

Once the home of the Mexican embassy, this refurbished 19th-century flatiron-style building at the base of Casco Viejo has some simply stunning details, from the chandeliers to clawfoot tubs and colonial-style headboards. There are just 10 rooms and a gorgeous rooftop bar and restaurant. Perhaps it's the price tag or noisy location, but it's yet to find its adoring public.