Geographic Information

Description of Panama
Panama is a land of stunning beaches, heavy development and an exceptionally high standard of living. Growth in Panama has been enormous in terms of both international property investment and the strength of the property market as a whole, though at the same time property values have been relatively flat for some time. Large-scale developments are sprouting up all over the country in some of Panama’s more prestigious regions and all are earning the attention of foreign investors. Buying restrictions are minor and cover only the islands and any areas within 10km of Panama’s borders – the rest of the country is fully open to foreign buyers. Taxes are high but buying costs are low, so on the whole things balance out to a genuinely appealing investment prospect.

Current Property Prices in Panama

41 properties listed for sale in Panama

1 bed apartments:

6 listed for sale
£112,005 to £253,915
Average: £162,364

2 bed apartments:

5 listed for sale
£134,410 to £347,681
Average: £229,303

3 bed apartments:

12 listed for sale
£43,009 to £933,145
Average: £403,806

3 bed houses:

5 listed for sale
£204,257 to £737,969
Average: £425,848

4 bed houses:

1 listed for sale
£854,976 to £854,976
Average: £854,976

5 bed houses:

1 listed for sale
£1,177,073 to £1,177,073
Average: £1,177,073

Panama Property Buying Guide

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Key Facts:

Currency: PAB, USD
Time Zone: EST (UTC−5)
DialCode: +507
Languages: Spanish language
Capital: Panama City
Population: 3,608,431
GDP: $49.142 billion

Latest News & Features for Panama

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