Property Prices in Panama

Index
Price to Income Ratio:	11.28
Mortgage as Percentage of Income:	95.96%
Loan Affordability Index:	1.04
Price to Rent Ratio - City Centre:	12.49
Price to Rent Ratio - Outside of Centre:	12.83
Gross Rental Yield (City Centre):	8.00%
Gross Rental Yield (Outside of Centre):	7.80%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	721.72 $	350.00-1,000.00
Apartment (1 bedroom) Outside of Centre	430.00 $	250.00-700.00
Apartment (3 bedrooms) in City Centre	1,291.94 $	600.00-2,400.00
Apartment (3 bedrooms) Outside of Centre	819.90 $	400.00-1,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	182.31 $	111.48-278.71
Price per Square Feet to Buy Apartment Outside of Centre	114.80 $	65.03-185.80
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	708.60 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.87	4.00-7.50

These data are based on 299 entries in the past 18 months from 52 different contributors.
Last update: June 2022
Our data for each country are based on all entries from all cities in that country.

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