|Last Updated: Nov. 13, 2016|
|BEACHFRONT NEIGHBORHOODS||PRICE/SQ.M. (US$)||YIELD (p.a.)||PRICE/SQ.FT. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|Avenida Balboa apartments||2,544||15.53||7.33%||236||1.44|
|Casco Viejo apartments||3,606||17.29||5.75%||335||1.61|
|Coco del Mar apartments||2,193||12.44||6.81%||204||1.16|
|Costa del Este apartments||2,474||12.79||6.20%||230||1.19|
|Punta Pacifica apartments||2,557||13.70||6.43%||238||1.27|
|Punta Paitilla apartments||1,837||11.08||7.24%||171||1.03|
|Altos de Golf apartments||2,187||12.06||6.62%||203||1.12|
|Dos Mares apartments||1,928||11.45||7.13%||179||1.06|
|El Cangrejo apartments||2,043||12.32||7.24%||190||1.14|
|La Cresta apartments||1,716||10.24||7.16%||159||0.95|
Beachfront Neighborhoods : Marbella, Punta Pacifica , Punta Paitilla, Avenida Inland Neighborhoods: El Cangrejo, La Cresta, San Francisco, Dos Mares, La Alameda, Obarrio, Bella Vista
Source: Encuentra24 Definitions: Data FAQ See also: Update Schedule
Gross rental yields in Panama - the return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs - are good. Gross rental yields are an important consideration even for those who do not intend to become landlords, because a high rental yield indicates that the property market is reasonably priced.
Prices in Panama have strengthened. Beachfront apartments sell for around US$2,000 to US$4,000 per square metre (sq. m.). Apartments away from the beach sell for less.
However gross rental yields are now moderate, ranging from 5.5% to 8.3%, with smaller apartments yielding more. Gross rental yields have somewhat declined over the past several years.
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