Property Prices in Panama City, Panama

Index Info
Price to Income Ratio: 11.65
Mortgage as Percentange of Income: 92.80%
Loan Affordability Index: 1.08
Price to Rent Ratio - City Centre: 10.74
Price to Rent Ratio - Outside of Centre: 10.91
Gross Rental Yield (City Centre): 9.31%
Gross Rental Yield (Outside of Centre): 9.17%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 960.71 $ 700.00-1,250.00
Apartment (1 bedroom) Outside of Centre 622.73 $ 450.00-900.00
Apartment (3 bedrooms) in City Centre 1,650.00 $ 1,200.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,150.96 $ 800.00-1,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 204.79 $ 148.64-255.48
Price per Square Feet to Buy Apartment Outside of Centre 139.35 $ 92.90-176.51
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 794.92 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.07 4.50-5.50

These data are based on 179 entries in the past 18 months from 29 different contributors.
Last update: January 2019

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DeutschImmobilienpreise in Panama-Stadt
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1 Comments so far

#live_panama on Mar 09, 2015 :
Apartment prices are more than that... Difficult to find a good 1br rental for less than 1,300usd in a good area. Square meter in good areas are about 2,200usd.
Panama City lacks infrastructure and definitely is not as cheap as before.