Panama City, Panama
Price from
$440,000
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$5,500 / m²
+33% vs the city median (Panama City), sample of 5 projects
Write Now
Data verified Aug 5, 2026price source: developer partner networkupdated 2 mo. ago
Properties
Condominium
Area
80 - 169 m²
Bedrooms
1 - 3
Completion
Q4 2029
Readiness
Under construction
Dry season
Feb, Mar, Jan
Properties
Condominium
Area
80 - 169 m²
Bedrooms
1 - 3
Completion
Q4 2029
Is this expensive for the city
$5,500per m²pricier than 75% of city projects
+33% vs the city median (Panama City), sample of 5 projects
Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
A breakdown of this project for your budget and goals
We will go through the price, the payment schedule and what registration and upkeep cost.
- Current price and payment terms for this project
- The full purchase budget: price, registration, upkeep
- A reply in the messenger you choose within one business day
What it really costs
Payment plan
Step 1
On contract
100%$440,000
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$1,630
$19,562
5.7%
4.4%
$588,819
56%
Read moreCollapse
When is the season here
Driest months: Feb, Mar, Jan
Wettest months: Oct, Jun, Nov
Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 26.6 | 20 |
| Feb | 26.9 | 9 |
| Mar | 27.5 | 18 |
| Apr | 28.1 | 107 |
| May | 27.8 | 245 |
| Jun | 27.4 | 253 |
| Jul | 27.2 | 204 |
| Aug | 27.2 | 220 |
| Sep | 27.1 | 245 |
| Oct | 26.8 | 260 |
| Nov | 26.7 | 248 |
| Dec | 26.8 | 108 |
Source: NASA POWER, climate normal (2001-2020). Grid node 8.9, -79.6. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Completion
Q4 2029
Status
Under construction
Area
80 - 169 m²
Properties
Condominium
Completion
Q4 2029
Status
Under construction
Area
80 - 169 m²
Description
Empresas Bern is building Westin Residences in Panama City, Panama, with completion set for December 2029.
The project offers one, two and three bedroom units ranging from 80 to 169 square meters. Prices start at 440,000 USD and go up to 1,047,800 USD, with price per square meter from 5,500 USD.
The spread between the smallest and largest units means buyers can choose anything from a compact one-bedroom layout to a larger three-bedroom unit within the same development. The project is currently under construction, with the building taking shape ahead of its scheduled handover at the end of 2029.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Location
Panama City, Panama
Market context
Panama City price per sqm
$1,804‑$2,483
Panama City rent growth
12%
Gross rental yield
6.8%‑9.5%
Home sales growth 2023
20.7%
Foreign buyer share of new builds
34%
+15 pp since 2020
Residential prices in Panama City are recovering, with average values now between $1,804‑$2,483 per square metre, reflecting modest upside. Rental demand remains strong, as city rents rose about 12% year‑over‑year in Q1 2025 and gross yields sit between 6.8% and 9.5%. Foreign investors are increasingly active, accounting for 34% of new‑development purchases in 2023, drawn by tax‑friendly policies and residency programmes.
Sources (6) · updated 21/08/2026
- Panama City FL Real Estate Market 2025 Trends & Outlook
- Panama Property Market Forecast 2025 - Benoit Properties
- Panama Real Estate Market Forecast: Trends and Opportunities
- Panama Property Market Outlook for 2026 - TheLatinvestor
- Panama Real Estate Market Report for Q1 2025: A Market in Transition
- Panama Market Update 2025 - Overseas Property Alert
Similar properties
Want to weigh several options before deciding?
We will send comparable options with price, area, completion date and payment terms.
- A side-by-side comparison of price and terms
- What to check on the property before signing
- The order of the deal and the cost of registration