Property Prices in Panama

Index
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	Edit	Range
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	Edit
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	Edit
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.

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