Studios & monoambientes in Panama City

A studio (also called monoambiente) is an apartment where bedroom, living room and kitchen share a single open space, with a separate bathroom. Typical size is 30–55 m², designed for one or two occupants.

Based on PanamaProp's live inventory, the average sale price for a studio in Panama City is $507,861, with listings from $116,600. Price varies sharply by zone: Punta Pacífica and Costa del Este are the most expensive; El Cangrejo and Obarrio offer more accessible options.

The zones with the most inventory and the best rental ROI for studios are El Cangrejo and Obarrio (lower tickets, 6–7.5% ROI from Airbnb/executive rentals), San Francisco (balanced price and location), and Punta Pacífica (premium, lower ROI but stronger appreciation). Studios near the banking district rent quickly to expat executives.

Gross annual ROI from traditional long-term rentals ranges 5.5% to 7.5% depending on zone. On short-term platforms (Airbnb, executive rentals), well-located studios in El Cangrejo and Obarrio can hit 8–10% with occupancy around 60–65%.

Yes. Foreigners have the same property rights as Panamanian citizens — no visa or residency is required to purchase real estate. Panama also offers up to 20 years of property tax exemption on new construction and no capital gains tax on the sale of your primary residence.

Yes, if the buyer qualifies as a resident and it is a primary residence. The law (Law 468/2025, amended by Law 481/2025) applies up to USD 120,000 sale price. The most affordable studios can fall under that cap, which means access to subsidized mortgage rates (4.0%–5.5% by tier and region) during 7–8 years.