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Property Prices in Panama City, Panama
| Index |  |
|---|---|
| Price to Income Ratio: | 11.75 |
| Mortgage as Percentange of Income: | 93.55% |
| Loan Affordability Index: | 1.07 |
| Price to Rent Ratio - City Centre: | 10.39 |
| Price to Rent Ratio - Outside of Centre: | 10.69 |
| Gross Rental Yield (City Centre): | 9.63% |
| Gross Rental Yield (Outside of Centre): | 9.35% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,004.35 $ | |
| Apartment (1 bedroom) Outside of Centre | 616.67 $ | |
| Apartment (3 bedrooms) in City Centre | 1,730.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,209.78 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 207.37 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 139.07 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 793.73 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.07 |
These data are based on 160 entries in the past 18 months from 25 different contributors.
Last update: August 2018
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
2 Comments so far
Panama City lacks infrastructure and definitely is not as cheap as before.
Thank- you