Property Prices in Panama

Index Info
Price to Income Ratio: 11.59
Mortgage as Percentage of Income: 100.26%
Loan Affordability Index: 1.00
Price to Rent Ratio - City Centre: 12.09
Price to Rent Ratio - Outside of Centre: 12.67
Gross Rental Yield (City Centre): 8.27%
Gross Rental Yield (Outside of Centre): 7.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 802.64 $ 450.00-1,100.00
Apartment (1 bedroom) Outside of Centre 489.38 $ 250.00-800.00
Apartment (3 bedrooms) in City Centre 1,553.03 $ 900.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 875.06 $ 450.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 203.26 $ 127.70-278.71
Price per Square Feet to Buy Apartment Outside of Centre 125.26 $ 74.32-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 762.50 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.07 4.00-7.00

These data are based on 313 entries in the past 18 months from 55 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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