Property Prices in Panama

Index Info
Price to Income Ratio: 11.29
Mortgage as Percentage of Income: 98.59%
Loan Affordability Index: 1.01
Price to Rent Ratio - City Centre: 10.96
Price to Rent Ratio - Outside of Centre: 10.64
Gross Rental Yield (City Centre): 9.12%
Gross Rental Yield (Outside of Centre): 9.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 856.43 $ 500.00-1,500.00
Apartment (1 bedroom) Outside of Centre 640.94 $ 350.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,797.53 $ 1,200.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,253.70 $ 600.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 204.56 $ 111.48-278.71
Price per Square Feet to Buy Apartment Outside of Centre 143.56 $ 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 829.74 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.19 4.00-7.00

These data are based on 266 entries in the past 18 months from 54 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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