Whether you want to find a luxury apartment in Panama City, a beautiful property in the mountains, or a sprawling lot on the beach, Panama offers it all.
Most of the property you will find for sale in Panama will be much more affordable than what you may be accustomed to. Panama is regularly hailed for providing First-world luxuries at Third-world costs. Panama City is a modern metropolis where you will easily find all of the amenities and comforts you need. Nevertheless, the country's economy is still developing, and prices are relatively inexpensive across the board. In other words, you will be able to find stunning properties for sale in Panama that you may not be able to find or afford elsewhere.
It is similarly important to point out that acquiring property in Panama is relatively simple. Foreigners in Panama enjoy the same property ownership rights as Panamanian citizens. So when you find that exquisite beach lot for sale and are ready to pursue your lifestyle dream, you won't have to jump through any hoops to make your dream a reality.
Learn more about Panama and other countries in our daily postcard e-letter. We'll also send you a free report—Panama: First World Convenience at Third World Prices.
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Panama Articles
In this month’s Property Picks, we’re highlighting properties next to some of the world’s best dive destinations.
You couldn’t ask for a better location than Panama City’s popular and central El Cangrejo neighborhood. As an example, a furnished, one-bedroom, 650-square-foot condo with air conditioning recently sold for $82,000. The building has all the amenities you’d want like social area and pool, sauna, party room, and doorman.
Whenever I travel to any of Latin America’s colonial cities, I can’t help but compare them to my home, the historic Casco Viejo district of Panama City. I’ve lived here for almost five years and I love this neighborhood’s friendly, bohemian vibe and beautiful buildings.
Whenever I travel to any of Latin America’s colonial cities, I can’t help but compare them to my home, the historic Casco Viejo district of Panama City. I’ve lived here for almost five years and I love this neighborhood’s friendly, bohemian vibe and beautiful buildings.
You might think that makes Panama City expensive for property. Sometimes it is. You can find condos listed at luxury prices—$250,000 and up. But you can also find condos for much less.
Since its groundbreaking in 2006, locals and Panama enthusiasts have been following the progress of what may be Latin America’s newest landmark property – Trump Ocean Club International Hotel & Tower Panama.
The bargain property market, the one aimed more at locals than at expats, has remained pretty stable. In simple terms: from 2007 to the present, I have had no trouble finding bargain property listings for the under-$150,000 budget.
In this video, Trump Organization scion Donald Trump Jr. speaks to International Living Panama correspondent Jessica Ramesch. Along with his brother, Eric Trump, Donald Jr. was in Panama City to promote the Trump Ocean Club residences and hotel in Panama City, Panama.
In early 2001 we were on our first visit to Panama, our first research visit of any kind, in fact, on our journey to relocation outside the U.S. Our guide that day was Sam Taliaferro. A former Coloradoan married to a Panamanian, he had picked the little mountain town of Boquete in Panama’s Chiriquí province in which to build his version of paradise. And what a pick it was…
It’s easy to see why, in Panama, the Pacific coast is generally more desirable. The region is accessible and it gets half the rainfall of the Caribbean coast. That’s why the Pan-American Highway is where it is.
If you’re looking for a beach home near Panama City, expect real estate agents to steer you toward Coronado—where property on the beach costs $250,000 or more. Buyers in the know seek out homes or condos in towns like Gorgona (less than 15 minutes by car from Coronado).
I’m speaking at International Living’s Live and Invest in Panama Conference. One of my presentations is an overview of the real estate market in Panama. It’s not a pretty picture…
If you’re looking to save some money on your “experimental rental,” one city in Panama offers comfort and convenience on the cheap. Nowhere is Panama’s low cost of living more apparent than in the rental market in the town of David. Properties for rent in David are listed regularly from as low as $250 a month.
You may think Panama City is just another megalopolis of steel and concrete. But don’t be so quick to judge. Yes, it’s bustling. And yes, it’s booming.
One of the main reasons most expats enjoy Panama so much is that they can live better for less here. This applies to real estate more than anything else. You can have out-and-out luxury…or modest living…and everything in-between.
In this video, Dan Prescher reports from Ecuador with your weekly wrap-up of International Living postcards for the week ending March 5.
The old buildings gaze grandly over the deep-blue sea. Their facades mingle colonial, French and Art Deco styles, with ironwork balconies, walls painted powder-blue, yellow and terracotta, topped with red-tile roofs.
In the heartland of Panama, there are traditional communities big and small. The few “outsiders” that have ventured this way say the best thing about life here is the hospitality of the Panamanian people.
You may think Panama City (affectionately referred to by its airport call letters, PTY) is just another megalopolis of steel and concrete. But don’t be so quick to judge. Yes, it’s bustling. And yes, it’s booming. Yet Metropolitan Natural Park provides vast green space right in the city proper.
I’m having dinner at Mosto Bistro. The name sounds a bit fancy, but the place has the kind of laid-back charm I’ve come to expect of the growing town of David. At $11.50 for a Thai curry and a dessert of flan, this is the most expensive meal I’ve had in the past two days.
I just recently returned from a visit to Boquete in the Highlands of Panama. Located in the province of Chiriqui, Boquete is known to many as Panama’s most popular retirement destination.
Everyone knows the world is in crisis. Yet I’m looking forward to the New Year…and you should be, too—because you could make some serious money.
I’m having dinner at Mosto Bistro. The name sounds a bit fancy but the place has the kind of laid-back charm I’ve come to expect of this growing town.
See the video, where Dan Prescher reports from Merida, Mexico, with your weekly wrap-up of International Living postcards for the week ending November 19.
See the video below, where Dan Prescher reports from Merida, Mexico, with your weekly wrap-up of International Living postcards for the week ending November 13.
It’s a stunning drive to Volcan—and that’s not just travel writer hype. As the road winds up into the mountains, one vista after another unfolds. I have driven this road many times over the past four years, and it’s still as invigorating as ever.
I’m surrounded by pines and the birds are singing. Snow White. I can’t help it: All I can think about is that fairy tale.
I’m surrounded by pines and the birds are singing.
Obviously, I don’t know how much property tax you’re paying right now…but I’m pretty sure I know a way you can reduce it—to as little as $7 per month…or maybe less.
I get a lot of inquiries asking me to compare different countries that people are looking to buy property in. These types of comparisons help a lot…
So you’ve closed on your new house or condo and can’t wait for next winter. All your friends up north will be shoveling their walks while you’re at your tropical haven in Panama.
Today there’s too much supply and too few buyers in the Panama City condo market. You can benefit. Find out how.
For 30 years, International Living has operated on a simple premise: The world is alive with opportunity…for travel and investment…for living and retiring…for fun and for profit.
The party is over… for this year, anyway.
The largest Live & Invest in Panama Conference in the history of International Living is now finished and entered in the record book.
I am in Cerro Azul, a town I haven’t visited in years. It was once the trendsetting place to own a home. Panama’s upper crust continued to buy here from the 1940s through the 1980s.
We ask five of our roving reporters where they’re hot on right now…simply pick the town that matches your plans.
We’ve been writing about Panama for more than a decade. We ranked it the number one place in the world to retire for six of those years. And today it remains in our top five.
