What are the average property prices in Panama?
It depends on location. In the city, 2- and 3-bedroom apartments can be found in decent neighborhoods for as little as $50,000. In more upscale neighborhoods, prices are higher, as are those with a water view. Brand-new condos on upscale Balboa Avenue…with a panoramic view of the Bay of Panama are selling for about $175 per square foot and up.