Panama real estate for sale — browse condos, apartments, houses, land, and commercial properties across Panama City, the Pacific coast, Chiriquí, and the islands. Use the filters below to search by location, type, or price.

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Showing 1 – 15 of 9777 properties
Apartment for Sale in PH Villa Mallorca, Marbella
Apartment
Rеаl Еstаtе В&В

Apartment for Sale in PH Villa Mallorca, Marbella

Apartment for sale at US$133,000, located in a central and convenient area with easy access to...

1 Bedrooms 1 Bathrooms 70 m² 1 Parking

Sale of Office 27C in F&F Tower | Calle 50
Office
Mónica Gasa

Sale of Office 27C in F&F Tower | Calle 50

Sale of Office 27C in F&F Tower | Calle 50 Investment office with current lease agreement and...

2 Bathrooms 156 m² 3 Parking

Office Sale – Bicsa Tower | Ave. Balboa
Office
Mónica Gasa

Office Sale – Bicsa Tower | Ave. Balboa

Office Sale – Bicsa Tower | Ave. Balboa Aquilino de la Guardia Street, Panama City Excellent...

2 Bathrooms 205 m² 4 Parking

Furnished 3-Bedroom Apartment for Sale in Playa Dorada
Apartment
Francisco Godoy

Furnished 3-Bedroom Apartment for Sale in Playa Dorada

3-Bedroom Apartment with Ocean View in Playa DoradaSale Price: $195,000 | 82.11 m² | 3 Bedrooms | 2...

3 Bedrooms 2 Bathrooms 82 m² 1 Parking

Brand-New Furnished Apartment at PH Santa Teresita Living – Casco Viejo
Apartment
Moisés Camen

Brand-New Furnished Apartment at PH Santa Teresita Living – Casco Viejo

The perfect blend of modern elegance, comfort, and Panama’s most sought-after historic...

2 Bedrooms 2 Bathrooms 124 m²

Selling House in Clayton
Single Family House
Jorge Tobar

Selling House in Clayton

🌿✨ Live in Clayton's Paradise ✨🌿 Looking for more than just a house? Looking for a home that...

4 Bedrooms 4 Bathrooms 545 m² 4 Parking

House for Sale in Panama Pacifico
Single Family House
Jorge Tobar

House for Sale in Panama Pacifico

🌿 Experience Luxury and Nature in Panama Pacifico 🌿 If you are looking for a home that combines...

3 Bedrooms 3 Bathrooms 263 m² 3 Parking

Apartment for Sale - Costa del Este
Apartment
Jorge Tobar

Apartment for Sale - Costa del Este

INVEST IN EXCLUSIVITY AND PROFITABILITY: MAJESTIC APARTMENT IN COSTA DEL ESTE – GENERATING $6,500...

5 Bedrooms 5 Bathrooms 630 m² 5 Parking

Apartment for Sale - Costa del Este
Apartment
Jorge Tobar

Apartment for Sale - Costa del Este

YOUR NEW FAMILY HOME AWAITS YOU IN COSTA DEL ESTE! OPPORTUNITY PRICE: $324,000 Discover the...

3 Bedrooms 2 Bathrooms 188 m² 2 Parking

PH Vivendi
Apartment
Jorge Tobar

PH Vivendi

Are you looking for a central location, comfort, and an excellent investment? This practical and...

2 Bedrooms 1 Bathrooms 96 m² 1 Parking

Beachfront Home for Sale - Buenaventura
Single Family House
Jorge Tobar

Beachfront Home for Sale - Buenaventura

Experience Luxury and Exclusivity in Buenaventura! Premium Furnished Villa with Lake Views...

3 Bedrooms 4 Bathrooms 1,251 m² 2 Parking

Commercial Space for Sale - Near El Dorado
Commercial Space
Jorge Tobar

Commercial Space for Sale - Near El Dorado

Commercial Space for Sale – El Dorado Location: Ground floor Square Footage: 90 m² Condition:...

2 Bathrooms 90 m² 2 Parking

Office for Sale - Calle 50
Office
Jorge Tobar

Office for Sale - Calle 50

Office for sale in Obarrio📍 Calle 68 with Calle 50 | Strategic location!Invest in a premium office...

2 Bathrooms 170 m² 3 Parking

House for Sale Altos del Golf
Single Family House
Jorge Tobar

House for Sale Altos del Golf

House for Sale – Altos del Golf Exclusive residential area in the heart of the city Live with...

4 Bedrooms 4 Bathrooms 640 m² 2 Parking

House for Sale - Arraiján
Single Family House
Jorge Tobar

House for Sale - Arraiján

HOUSE FOR SALE – ARRAIJÁN Features: Living room + dining room + spacious kitchen 3 bedrooms...

2 Bathrooms 392 m² 2 Parking

Panama's real estate market offers outstanding value for buyers and investors. Browse condos, apartments, houses, land, and commercial properties for sale across Panama City, the Pacific coast, Chiriquí highlands, and Panama's islands. Use the filters above to narrow by location, property type, bedrooms, or price.

Prices range from around $80,000 for a studio apartment to $2M+ for a luxury penthouse or beachfront villa — mid-range condos in Panama City typically fall between $150,000 and $400,000. Panama is fully dollarized, charges no capital gains tax on property for foreign owners, and offers residency by real estate investment from $300,000. Popular with expats, retirees, and international investors, Panama's stable economy and low cost of living make it one of the top property investment markets in Latin America.

Frequently Asked Questions — Buying Real Estate in Panama

Yes. Panamanian law grants foreigners the same property ownership rights as citizens. No residency permit is required to purchase. Titles are registered at the Public Registry and are fully transferable.
Panama does not levy a traditional capital gains tax on most residential property sales. A flat 3% transfer tax applies to the sale price. Annual property tax is exempt on primary residences valued under $120,000, with reduced rates above that threshold.
The Qualified Investor Visa requires a minimum real estate investment of $300,000 USD. Upon approval, it grants permanent residency for the investor and qualifying family members, with the option to apply for citizenship after five years.
Studio and one-bedroom apartments in established Panama City neighborhoods typically start from $100,000 to $150,000. Mid-range two-bedroom condos range from $180,000 to $350,000. Luxury units in Costa del Este, Punta Pacífica, or Santa María can exceed $500,000 for premium floors with ocean views.
Panama City neighborhoods like Costa del Este, Santa María, and San Francisco attract investors and professionals. Boquete in Chiriquí province is a top choice for retirees seeking a cool mountain climate. Bocas del Toro draws buyers wanting Caribbean island living. Coronado on the Pacific coast is popular for beach homes and weekend retreats.

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