Property Prices in Panama

Index
Price to Income Ratio:	12.39
Mortgage as Percentage of Income:	101.60%
Loan Affordability Index:	0.98
Price to Rent Ratio - City Centre:	13.44
Price to Rent Ratio - Outside of Centre:	14.50
Gross Rental Yield (City Centre):	7.44%
Gross Rental Yield (Outside of Centre):	6.90%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	735.53 $	450.00-1,200.00
Apartment (1 bedroom) Outside of Centre	484.71 $	250.00-700.00
Apartment (3 bedrooms) in City Centre	1,380.49 $	850.00-2,000.00
Apartment (3 bedrooms) Outside of Centre	878.32 $	500.00-1,500.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	204.17 $	167.22-278.71
Price per Square Feet to Buy Apartment Outside of Centre	142.86 $	92.90-211.35
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	753.94 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.42	4.40-7.00

These data are based on 377 entries in the past 18 months from 62 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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