Panama: rental yields are 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 have declined somewhat over the past few years. But the gross yields in Panama - the rental return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs - are good, by international standards. Yields range from 5.7% to 7.3%.
There isn't much difference, in terms of yield, between beachfront and further back. Beachfront is more expensive, but you get a better rent. Smaller apartments do tend to yield more.