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 2437 properties
Penthouse for Sale in Costa Pacífica – Tower 400, Punta Pacífica
Penthouse
Juan Silva

Penthouse for Sale in Costa Pacífica – Tower 400, Punta Pacífica

Exclusive two-level penthouse (361 m²) located in one of Panama City's most prestigious areas. An...

3 Bedrooms 3.5 Bathrooms 361 m² 2 Parking

APARTMENT FOR SALE BELLA VISTA USD 194,165
Apartment
Francisco Godoy

APARTMENT FOR SALE BELLA VISTA USD 194,165

Apartment for Sale in Bella Vista – Balboa Avenue Live in one of the most exclusive and...

1 Bedrooms 1 Bathrooms

APARTMENT FOR SALE - USD 330,214
Apartment
Francisco Godoy

APARTMENT FOR SALE - USD 330,214

Apartment Sale in San Francisco – Panama City Live in one of the most complete, modern, and...

2 Bedrooms 2 Bathrooms

APARTMENT FOR SALE IN BUENAVENTURA
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN BUENAVENTURA

Welcome to the luxury of living at Puntarena Ocean Village in Buenaventura, one of the most...

4 Bedrooms 4 Bathrooms 330 m² 2 Parking

APARTMENT FOR SALE IN VENETIAN TOWER PUNTA PACIFICA
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN VENETIAN TOWER PUNTA PACIFICA

Welcome to unparalleled luxury at VENETIAN TOWER Punta Pacifica, Panama City. This spectacular 1100...

4 Bedrooms 5 Bathrooms 1,100 m² 5 Parking

APARTMENT FOR SALE ON BALBOA AVENUE
Apartment
Rafael Bonilla

APARTMENT FOR SALE ON BALBOA AVENUE

Discover beachfront elegance in this luxurious apartment on Balboa Avenue. With 3 bedrooms, each...

3 Bedrooms 3 Bathrooms 331 m² 2 Parking

APARTMENT FOR SALE IN PUNTA PACIFICA
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN PUNTA PACIFICA

Discover luxury and comfort in this furnished apartment in Punta Pacífica, Panama. With 180 m²...

3 Bedrooms 3 Bathrooms 180 m² 2 Parking

LAND FOR SALE IN OCEAN REEF
Building Lot
Rafael Bonilla

LAND FOR SALE IN OCEAN REEF

We present a unique opportunity in the most exclusive and private residential enclave of Panama...

2,467 m²

House for Sale in Vistamar
Single Family House
Rafael Bonilla

House for Sale in Vistamar

Discover your new home in Vista Mar, one of the most exclusive communities on Panama's Pacific...

3 Bedrooms 3 Bathrooms 234 m² 2 Parking

APARTMENT FOR SALE IN PUNTA PACIFICA
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN PUNTA PACIFICA

Located in one of the most exclusive areas of the capital, this spectacular apartment in the PH...

4 Bedrooms 5 Bathrooms 525 m² 3 Parking

APARTMENT FOR SALE IN COSTA DEL ESTE
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN COSTA DEL ESTE

Live the luxury lifestyle in Costa del Este!This exclusive development redefines urban living with...

3 Bedrooms 2 Bathrooms 100 m² 2 Parking

APARTMENT FOR SALE IN PLAYA BONITA
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN PLAYA BONITA

Located in Playa Bonita, The Westin Residences offers a unique oceanfront residential experience...

1 Bedrooms 2 Bathrooms 80 m² 1 Parking

APARTMENT FOR SALE IN BOQUETE
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN BOQUETE

In Alto Boquete, where the mountains blend into the sky and the air retains the freshness of pure...

2 Bedrooms 2 Bathrooms 106 m²

APARTMENT FOR SALE IN COSTA DEL ESTE
Apartment
Rafael Bonilla

APARTMENT FOR SALE IN COSTA DEL ESTE

Discover a life of elegance and sophistication in Costa del Este, the epicenter of modern luxury in...

4 Bedrooms 4 Bathrooms 344 m² 3 Parking

Apartment for Sale in Costa del Este
Apartment
Rafael Bonilla

Apartment for Sale in Costa del Este

It is not just a place to live — it is the space where family life takes on true meaning. It is...

2 Bedrooms 2 Bathrooms 83 m² 1 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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