Property Prices in Panama

Index Info
Price to Income Ratio: 10.97
Mortgage as Percentage of Income: 96.60%
Loan Affordability Index: 1.04
Price to Rent Ratio - City Centre: 10.06
Price to Rent Ratio - Outside of Centre: 9.88
Gross Rental Yield (City Centre): 9.94%
Gross Rental Yield (Outside of Centre): 10.12%
Rent Per Month
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Apartment (1 bedroom) in City Centre 914.84 $ 600.00-1,500.00
Apartment (1 bedroom) Outside of Centre 698.62 $ 400.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,778.87 $ 1,200.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,330.00 $ 950.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 193.28 $ 111.48-297.29
Price per Square Feet to Buy Apartment Outside of Centre 143.56 $ 92.90-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 826.28 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.30 4.00-7.00

These data are based on 239 entries from 49 contributors over the past 18 months.
Last update: May 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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