Property Prices in Panama

Index
Price to Income Ratio:	11.65
Mortgage as Percentage of Income:	96.39%
Loan Affordability Index:	1.04
Price to Rent Ratio - City Centre:	13.08
Price to Rent Ratio - Outside of Centre:	12.98
Gross Rental Yield (City Centre):	7.65%
Gross Rental Yield (Outside of Centre):	7.70%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	720.00 $	450.00-1,200.00
Apartment (1 bedroom) Outside of Centre	466.11 $	250.00-700.00
Apartment (3 bedrooms) in City Centre	1,380.49 $	850.00-2,000.00
Apartment (3 bedrooms) Outside of Centre	907.84 $	500.00-1,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	196.49 $	139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre	127.18 $	83.61-211.35
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	747.94 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.53	4.00-7.00

These data are based on 360 entries in the past 18 months from 62 different contributors.
Last update: February 2021
Our data for each country are based on all entries from all cities in that country.

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