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ServmorOn Global Properties, you will encounter over 89 properties for sale in Panama from reliable agencies and directly from developers.
Use the convenient search form with advanced filters, sorting by different parameters and map to buy housing on the primary and secondary markets.
At the bottom of the page are quick links. These are popular filter combinations such as ‘by the sea’ or ‘on the first line’ to make it easier to choose the right property.
The built-in converter allows you to view property prices in Panama in dollars, euros and local currency.
Foreigners become property owners in Panama. They enjoy the same rights as local residents and can acquire various types of real estate, including residential homes, apartments, commercial properties, and land. The only restriction is that private land ownership near the borders may be limited for foreigners.
- Minimum cost of property in Panama: $115000
- Most expensive property: $10 million.
- Minimum floor area: 89 m².
- Largest area: 10,000 m².
A foreigner can obtain a residence permit in the country through the purchase of housing. For this purpose, the price of real estate for sale in Panama must be at least $500,000.
Holders of a residence permit can apply for a passport after 5 years of residence in the country. Important conditions are compliance with local laws and knowledge of the Spanish language.
The most popular destinations to purchase properties in Panama are Panama City, Bocas del Toro, Boquete, and Pedasi.
Houses and apartments are in demand in the country. Some flats and penthouses are in complexes with their own spas, tennis courts and direct access to the beach. Many houses in Panama have spacious rooms and large outdoor areas with swimming pools, gardens and magnificent sea views.
Getting investment real estate in Panama offers significant advantages due to the country's political and economic stability, strategic location and growing tourist flow. Liberal legislation makes buying property here easy and affordable for foreigners.
Panama attracts many tourists due to its pleasant climate, beautiful beaches and developed infrastructure, which creates a high demand for rental housing. Investors often buy apartments and houses in popular neighbourhoods. This allows them not only to cover the costs of housing maintenance but also to earn a return on investment.
Property in Panama
The country with its warm climate, rich culture and wide investment opportunities offers a variety of residential properties. Buyers can choose from:
- City apartments. The capital has modern flats in high-rise buildings with panoramic views of the city or ocean. Such projects usually have developed infrastructure, including swimming pools, fitness centres and security.
- Beach villas. Common in Coronado and Bocas del Toro, where you can buy a house by the sea. They are ideal for holidays or renting out to tourists.
- Country houses. In El Valle and Boquete, homes are available amidst rainforests and mountains that offer maximum privacy and contact with nature.
Popular cities to buy:
- Panama City is the capital, the economic and cultural centre of the country with plenty of entertainment, restaurants and shopping. Attractive for those looking for a dynamic urban lifestyle.
- Coronado is a city on the Pacific coast known for its beaches and golf clubs. It is popular with international buyers looking for a holiday home or permanent residence.
- Bocas del Toro offers a unique combination of Caribbean atmosphere and laid-back island life. Ideal for lovers of water sports and nature.
Reasons for investing in property in Panama
The decision to get properties in Panama for investment will be a profitable move due to the country's strategic location, stable economic growth and attractive business environment. The market here is actively developing.
In the last 5 years, the country's population has grown by 6.8% and per capita GDP by 15.2%. These trends are particularly evident in major cities, where population growth coupled with improved prosperity is leading to increased demand for residential and commercial properties. Some areas, such as Costa del Este and Casco Viejo, are expected to see rental rates rise by 10% in 2024.
Investors can profit from the resale of houses and apartments in Panama, as well as high rental yields. Average profitability here ranges from 6.8% to 9.5% per annum. The most successful rates are in densely populated urban and popular tourist areas. Population growth and GDP growth confirm that demand for rentals will only increase, making the investment particularly promising.
Buying real estate in Panama
Our aggregator simplifies the process of searching for property in Panama City. The offered database is updated regularly. Finding the perfect investment or dream home has never been easier. Check out the listings now so you don't miss out on the best deals.