Property Prices in Panama

Index Info
Price to Income Ratio: 11.79
Mortgage as Percentage of Income: 103.01%
Loan Affordability Index: 0.97
Price to Rent Ratio - City Centre: 12.24
Price to Rent Ratio - Outside of Centre: 11.71
Gross Rental Yield (City Centre): 8.17%
Gross Rental Yield (Outside of Centre): 8.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 795.57 $ 400.00-1,200.00
Apartment (1 bedroom) Outside of Centre 540.94 $ 250.00-800.00
Apartment (3 bedrooms) in City Centre 1,753.12 $ 1,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,000.92 $ 593.72-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 217.23 $ 157.93-278.71
Price per Square Feet to Buy Apartment Outside of Centre 130.06 $ 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 792.59 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.20 5.00-7.00

These data are based on 293 entries in the past 18 months from 53 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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