Property Prices in Boquete, Panama

Index Info
Price to Income Ratio: 9.78
Mortgage as Percentage of Income: 90.96%
Loan Affordability Index: 1.10
Price to Rent Ratio - City Centre: 6.73
Price to Rent Ratio - Outside of Centre: 8.41
Gross Rental Yield (City Centre): 14.87%
Gross Rental Yield (Outside of Centre): 11.89%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 755.00 $ 600.00-1,000.00
Apartment (1 bedroom) Outside of Centre 640.00 $ 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,566.67 $ 1,200.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,125.00 $ 1,000.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 110.00 $
Price per Square Feet to Buy Apartment Outside of Centre 108.00 $
Salaries And Financing
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Average Monthly Net Salary (After Tax) 600.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.00

These data are based on 30 entries in the past 18 months from 7 different contributors.
Last update: November 2024

Sources and References
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