Property Prices in Panama

Index Info
Price to Income Ratio: 12.67
Mortgage as Percentage of Income: 109.94%
Loan Affordability Index: 0.91
Price to Rent Ratio - City Centre: 12.49
Price to Rent Ratio - Outside of Centre: 12.72
Gross Rental Yield (City Centre): 8.01%
Gross Rental Yield (Outside of Centre): 7.86%
Rent Per Month
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Apartment (1 bedroom) in City Centre 809.56 $ 400.00-1,500.00
Apartment (1 bedroom) Outside of Centre 565.65 $ 275.00-900.00
Apartment (3 bedrooms) in City Centre 1,691.12 $ 900.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,062.00 $ 600.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 219.75 $ 157.93-278.71
Price per Square Feet to Buy Apartment Outside of Centre 148.64 $ 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 782.73 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.12 4.00-7.00

These data are based on 264 entries in the past 18 months from 51 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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