Panama Real Estate Investment Yields, Data and Exits
Asking prices per m² and gross rental yields by sector, computed from the listings on this site, not asserted in a brochure.
Request an Investment Consultation- U.S. Dollar Economy
- Tax Exonerations
- High Rental Demand
- Gateway to the Americas
- Median est. gross yield
- 6.6%across 114 listings with a rent estimate
- Median price per m²
- $2,307Per m², citywide
- For sale now
- 8,564listings on this site
- Sectors with listings for sale
- 53of 57 sectors we cover
Why Panama?
- U.S. Dollar EconomyPanama uses the U.S. dollar as legal tender. No currency risk on rent or resale.
- Titled OwnershipFee-simple title under the horizontal property regime, open to foreign buyers on the same terms.
- Real Rental DemandCorporate relocations, regional headquarters and medical tourism keep the rental market deep.
- Gateway LocationDirect flights across the Americas and Europe, and the Canal economy underneath it all.
- Tax ExonerationsMost new construction carries a property-tax exoneration for its first years.
- Residency PathwaysQualifying real-estate investment can support a residency application.
Top Investment Neighborhoods
Sectors with listings for sale today, ranked by their listings' median estimated gross yield.
| Neighborhood | Median price per m² | Median est. gross yield | Listings |
|---|---|---|---|
| Calidonia | $1,316 | 8.7% | 50 |
| Obarrio | $2,124 | 8.6% | 278 |
| Punta Pacífica | $2,854 | 8.3% | 710 |
| Bella Vista | $2,593 | 8.1% | 519 |
| Parque Lefevre | $1,000 | 7.5% | 55 |
| Santa Ana | $2,092 | 7.4% | 92 |
| Costa del Este | $2,859 | 7.2% | 1,370 |
| San Francisco | $2,062 | 6.8% | 762 |
Top Investment Opportunities
Listings whose own numbers make the strongest case, ranked by gross yield.
Furnished 6-bedroom home with guest casitas in Punta Chame
Chame
- 6 Beds
- 5.5 Baths
- 350 m²
$400,000
$1,143 / m²
Pre-Construction
Secure today at launch pricing, take delivery later. Payment is staged over the build, and the developer's delivery record matters more than the render.
- Staged payment plans
- Launch-price entry
- Choice of line and finishes
- Developer track record verified
Income-Producing
Furnished, delivered and rentable from day one — cash flow without a construction risk or a fit-out budget.
- Immediate cash flow
- Established rental history where available
- Lower execution risk
- Management available
Projects Under Construction
Our Investor Process
Six steps, in this order, every time.
- 1
Consultation
We start from your return target, holding period and risk tolerance — not from our inventory.
- 2
Market Analysis
Asking prices, rents and yields by sector and building, from the same listings as this site.
- 3
Property Selection
A shortlist with the downside of each stated as plainly as the upside.
- 4
Due Diligence
Title, finca and folio verified by our legal partner before any money moves.
- 5
Acquisition
Offer, promesa de compraventa, escrow and registry, coordinated end to end.
- 6
Management
Letting, tenant vetting and reporting once the keys are yours.
Investor Questions
Can a foreigner buy property in Panama?
Yes, on the same terms as a Panamanian citizen for titled property. The main exception is land within 10 km of a border, which is restricted. Purchases are commonly held personally or through a Panamanian corporation; which is better depends on your tax residence, so take advice before you structure it.
What return should I expect?
The listings for sale on Casanova Realty with a rent estimate show a median gross yield of 6.6% (114 listings). Gross means before HOA, property tax, insurance, management and vacancy — net typically lands 1.5 to 2 points lower.
What does it cost to buy?
Budget roughly 2–5% of the purchase price in closing costs. Panama charges 2% transfer tax plus 3% advance capital gains, usually seller-side, with legal fees, registry and escrow on top. Most new construction carries a property-tax exoneration; the land portion stays taxable.
Can I finance as a non-resident?
Yes, though on tighter terms. Panamanian banks typically lend up to about 70% to residents and 50–60% to non-residents, on a 20–30 year term. Expect a longer document list and a slower file than at home.
Can I put it on Airbnb?
Carefully. Panama regulates stays under 45 days in Panama City, and most buildings set a minimum rental term in their own reglamento. We check both the law and the building rules before you buy for short-term letting — the two do not always agree.
Ready to build your Panama portfolio?
We will model the return on your actual acquisition costs, and tell you when the answer is no.
Trusted, and countable
- 274
- Buildings tracked
- 8,737
- Listings published
- 57
- Neighborhoods covered
- 3
- Advisors on the team