Property Prices in Panama

Index Info
Price to Income Ratio: 11.32
Mortgage as Percentage of Income: 93.98%
Loan Affordability Index: 1.06
Price to Rent Ratio - City Centre: 12.75
Price to Rent Ratio - Outside of Centre: 12.24
Gross Rental Yield (City Centre): 7.84%
Gross Rental Yield (Outside of Centre): 8.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 701.43 $ 400.00-1,200.00
Apartment (1 bedroom) Outside of Centre 464.87 $ 250.00-700.00
Apartment (3 bedrooms) in City Centre 1,400.00 $ 850.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 902.58 $ 500.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 190.21 $ 139.35-250.84
Price per Square Feet to Buy Apartment Outside of Centre 119.44 $ 83.61-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 736.38 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.57 4.00-6.75

These data are based on 357 entries in the past 18 months from 62 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Panama
PortuguêsPreços de Imóveis no Panamá
ItalianoPrezzi delle proprietà immobiliari a Panama
FrançaisPrix de l'immobilier au Panama
EspañolPrecios de Inmuebles en Panamá