Property Prices in Panama City, Panama

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Index Info
Price to Income Ratio: 11.65
Mortgage as Percentage of Income: 100.40%
Loan Affordability Index: 1.00
Price to Rent Ratio - City Centre: 11.01
Price to Rent Ratio - Outside of Centre: 9.98
Gross Rental Yield (City Centre): 9.08%
Gross Rental Yield (Outside of Centre): 10.02%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 987.50 $ 650.00-1,500.00
Apartment (1 bedroom) Outside of Centre 658.82 $ 400.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,024.61 $ 1,350.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,367.86 $ 800.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 234.19 $ 185.80-450.00
Price per Square Feet to Buy Apartment Outside of Centre 142.45 $ 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 869.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.03 5.50-7.00

These data are based on 170 entries in the past 18 months from 35 different contributors.
Last update: July 2024

Sources and References
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