Pre-construction
+3–6%
Yearly appreciation
Beach markets
+5–10%
Top performers
Resale units
+2–4%
City condos
Luxury towers
+4–6%
Prime locations
Appreciation by market segment
Min growth %
Max growth %
Key growth drivers
- 📈 Rising construction costs pushing prices up
- 🌎 Strong international buyer demand
- 🏖️ Tourism & expat relocations to coast
- 💼 Tightening rental markets city-wide
- 🏗️ New premium developments launching
International buyer mix
Entry / mid-range
+2–4%
Annual growth
Luxury towers
+4–6%
Annual growth
Pre-construction
+3–6%
Annual growth
Gated communities
+3–6%
Suburban homes
Hottest neighborhoods — appreciation rate
Segment breakdown
Min %
Max %
Developers launching in 2025–2026 adjusted prices upward due to higher construction costs. Older towers (2009–2016) that previously struggled with oversupply are now regaining value. Short-term rental neighborhoods like Casco Viejo, Coco del Mar, and Punta Pacífica are appreciating faster due to investor demand.
Filter by performance
Beach market appreciation 2026
Min %
Max %
Full price appreciation reference — 2026
| Market / Area | Segment | Min % | Max % | Status |
|---|
* Figures represent projected annual appreciation for 2026. Source: Panama Realty Zone market analysis.