Property Prices in Panama

Index Info
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
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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
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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
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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.

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