CLOSE X

Register - if you don't have an account

Yes! Sign me up for Global Property Guide's fortnightly email newsletter.


Login - for registered users

Forgot Password?
Explore destinations
continent map couldn't be loaded Pacific Europe & Russia North America Latin America Asia Africa Middle East Caribbean

 


Financial Overview

Directory

Property Search

Global Statistics

Regional Statistics






Nov 13, 2016

Panama: firm prices, yields good


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
Marbella apartments 2,028 11.96 7.08% 188 1.11
Punta Pacifica apartments 2,557 13.70 6.43% 238 1.27
Punta Paitilla apartments 1,837 11.08 7.24% 171 1.03
INLAND NEIGHBORHOODS
Albrook apartments 2,489 13.99 6.74% 231 1.30
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
Obarrio apartments 1,987 11.13 6.72% 185 1.03
Districts researched
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.






Comments


Be the first to comment on this article!



Login or Register to submit a comment!

In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.



Compare Countries



Free Newsletter

Fortnightly updates from the global property arena directly to your inbox.


Email Address:





Connect to professional advice in Panama





PROPERTY RECOMMENDATIONS

 
Download free property reports from international research houses

Our Newsletter

 
Fortnightly updates from the global property arena directly to your inbox.

Manage subscriptions