Property Prices in Panama

Index Info
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
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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
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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
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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.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Panama
PortuguêsPreços de Imóveis no Panamá
ItalianoPrezzi delle proprietà immobiliari a Panama
FrançaisPrix de l'immobilier au Panama
EspañolPrecios de Inmuebles en Panamá