Property purchase costs in Panama compared to Latin America

The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).

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Venezuela 14.89%
Uruguay 14.00%
Nicaragua 12.75%
Costa Rica 11.76%
Brazil 11.50%
Mexico 10.84%
Argentina 10.79%
Honduras 10.65%
El Salvador 9.21%
Ecuador 8.31%
Panama 8.30%
Peru 7.99%
Paraguay 7.51%
Colombia 5.86%
Chile 5.35%
Bolivia 4.50%
Guatemala 4.15%

Panama has no house price statistics. Panama has some very basic financial statistics at the Superintendencia de Bancos de Panam'. General statistics are to be found at the Direccion de Estad'stica y Censo under the Controlar'a General de la Rep'blica de Panam', which also has links to a number of other data areas with time-series.