The 2025 Expats’ Guide to Buying Real Estate in Panama

Buying property in Panama in 2025 can be a rewarding experience. Whether you’re looking to invest in a rental property or a home for retirement or relocation, Panama has everything — from modern infrastructure to affordable properties. Its diverse real estate market has something for everyone — from tranquil beachfront homes in Bocas del Toro to luxury condos in the capital, Panama City. The challenge is finding the perfect place to invest in, but that’s why we’re here!

At Panama Centro Realty, we offer a straightforward platform that lets you narrow down and compare properties for sale in various areas based on your budget and requirements. If you’re buying property in Panama in 2025, this guide is for you. We’ll share everything you must know to make an informed choice.

Popular areas for Panama real estate

Where do you want to live in Panama? The answer depends on your objectives, whether you need a permanent residence, a rental property, or a vacation home. The top places are:

• Panama City: The bustling capital city offers world-class amenities and luxury condos, making it a hotspot for rentals. Plus, it’s great for investors and urban professionals.
• Coronado: With gated communities and stunning beaches, it’s easily a go-to area for retirees and holidaymakers.
• Boquete: This town in the highlands is known for its lush landscapes and cool climate. Retirees love it because of its tight-knit community of expats.
• Pedasi: Situated on the Azuero Peninsula, this charming coastal town offers tranquil surroundings for those looking to live the island life.
• Bocas del Toro: With an easy-going vibe, this archipelago is ideal for anyone looking for a tropical paradise with island and beachfront properties.

Know the properties available.

Apartments and condos are sought-after in urban areas, with modern ones featuring amenities like security, pools, and gyms. However, our platform also has listings for single-family homes in rural and suburban areas. Do you want to invest in agriculture or build your dream house? We can help you find land.

Financial and legal considerations

Buying Panama real estate calls for a solid understanding of the country’s laws and the financial implications of your purchase. The law requires hiring a licensed attorney to verify the title, create contracts, and ultimately ensure a smooth and legal transaction. Additionally, we recommend doing your due diligence and preparing for taxes and closing costs. Some local banks offer mortgages to expats. Just be ready to provide sufficient documentation and pay higher interest rates.

Looking for a property?

Find the best property here at Panama Centro Realty so you can start planning your purchase. You may also call us at +507 2276645 if you need further assistance.