There's a lot of variance. It really depends on the town/neighborhood as well as the type of property (apartment or home, luxury or mid-range, etc), so it is important to do your research based on these factors, but note this is definitely not a flipper's paradise. I bought because I wanted to live here. What I like is the stability, we don't tend to have major booms or bubble bursts. I'm confident I'll be able to sell if/when I want to (bought in 2021, planning to keep for 5 years then evaluate whether to sell and buy again). Not expecting a huge profit but I'll come out ahead versus if I'd rented. Mid-range property purchased for under $200k, coveted building with amenities (gym, pool, etc.) on a golf course in a top beach town. One bedroom (admittedly harder to sell than a 2/3 br, but I would have zero trouble renting it out and covering the mortgage and maintenance fee), just over 1,000 sq ft.

Best,

IL Panama editor Jess Ramesch

De nada!
Thanks for posting and best of luck with all your Panama plans.

Hello, hope you had/are having a wonderful time in Panama. Rosalind Baitel was at the conference as an expat speaker, she is not a tour guide. Generally expat speakers participate in IL conferences to talk abut their full and enriching lives as expats. They do not sell real estate or offer tours. In your conference materials you have contact information for Pangea's RETA concierge who can help answer questions about neighborhoods and real estate and put you in contact with brokers who offer tours. Generally speaking you'll spend upwards of $900 a month for an apartment like that in a nice neighborhood in Pamama City and in the city electric is usually billed separately. Happy apartment hunting!

Currently Canadian citizens can visit Panama as tourists for up to 180 days without any special visa. It's a good idea to make sure each person's passport has over a year left on it if you're coming down for a six month stay.

(Good rule of thumb for travel to any country: make sure your passport has more than 6 months left before it expires.)

Panama is a popular destination for tourists and expats because it's generally safe and prosperous, you can read lots more more about it in International Living magazine (visit www.InternationalLiving.com, log in/click "members site" to search the archive).

I agree with Jim, above. In places like Coronado, where there are typially plenty of options, I will sometimes book myself into an Airbnb for a few days and then go to see longer-term options in person, tapping the expat facebook groups for recommendations as Jim mentions above.