How much do property appraisals cost in Panama?
Generally, property appraisals in Panama are based on the value of the property, and may range between $150 and $1000. For example, an appraisal on a simple 3-bedroom home in Panama City would probably cost approximately $100-$150. But an appraisal for a 200-acre farm with two homes, barn, and other property improvements, and located in the interior of Panama, could cost as much as $1000 or more – because of the complexity of the appraisal, transportation costs to get to the property, etc.
Property appraisals in Panama generally range between US$150 up to $1000, depending on the particular property. For example, a simple 3 bedroom home in Panama City would probably cost around $100 to $150, however, a 300 acre farm located in the interior of Panama, with 2 homes, barn, horses, cattle, and other property improvements could cost $1000 for an appraisal due to the complexity of the appraisal as well as the transportation costs and time frame involved.
They vary with the type and location of the property. Normal range of property appraisal costs is between $150 up to $1000. For example, a simple 3 bedroom home in Panama City would probably cost around $100 to $150, however, a 300 acre farm located in Panama, with 2 homes, barn, horses, cattle, and other property improvements could cost $1000 for an appraisal. This is because the latter involve more complex appraisal and may incur additional transportation costs and working hours.
