Invest in Panama. Buy a property and earn income from rent
Find a profitable property with the advice of the Home2Book team in Panama. We help you select and buy it and, if you wish, we stay with you to prepare the property and manage its rental.
- Physical offices in Spain and Panama
- Opportunities from $160,000
- Over 700 managed properties
Investing in another country is easier when you know who to turn to.
Where to buy, how to compare properties, what steps to take. It is normal to have questions.
Now you have a contact at Home2Book who guides you to find the right property, buy it with confidence and make it profitable by putting it on the rental market.
- Understand your options before deciding.
- Get your questions answered during the purchase.
- Get support afterwards to manage it.
A growing market with great opportunities.
Panama has it all: international connectivity, business activity, tourism, legal security and real estate development.
Dollarized economy, with operations mainly in US dollars
Business, air and international logistics connectivity
Estimated gross yield on selected properties
Our own team and collaborators, both in Spain and Panama
Choose the location based on what you want to achieve.
A home to enjoy for seasonal stays, earn rental income or grow your assets.Tell us what you have in mind and we will help you find where to make it happen.
A tailored investment
We look for a property with a clear budget, taking into account the purchase and the later costs.
Room for your plans
To rent it out, enjoy it yourself or combine both options. The search starts with where you want to live.
Attractive to whoever rents it
We assess the area and its demand to find a property that suits its future tenants.
Peace of mind in managing it
Choose knowing how we can help you manage your rental after buying.
Reference locations. Contact us to learn about the opportunities available at any given time.
2-bedroom apartment in an established area
New build · Estimated delivery 2027 · Developer’s payment plan
Location
Panama City
Price from
From €140,000 · ≈ $160,000
Attractive to whoever rents it
Apartment with amenities
Estimated yield
6 to 8% gross per year
Some examples of rental properties in Panama
Apartment
1 to 2 bedrooms in established areas
From €140,000 · ≈ $160,000
First international investment
Penthouse (PH)
Top floor with terrace and views
From €260,000 · ≈ $300,000
Wealth building and personal use
High-end
2 to 3 bedrooms in premium towers
From €350,000 · ≈ $400,000
Medium to long-term wealth building
With common areas
Pool, gym, spa and common areas
From €170,000 · ≈ $195,000
Vacation or corporate rental
A clear process from start to finish.
We define your goal
We clarify your budget, expected yield, timeframe and personal use.
We select opportunities
We look for properties that fit you and analyze their numbers.
We accompany you through the purchase
We coordinate the process with local professionals and keep you informed at every stage.
We prepare the property
We get it ready to enter the market and start receiving bookings.
We manage the rental
We take care of pricing, bookings, guests, management and results.
You make the important decisions with our advice, and we make sure everything moves forward in the fastest and safest way.
Buying is just the beginning. Then we put the asset to work for you.
Home2Book prepares, markets and manages the property from Panama so you can earn rental income without handling the day-to-day management.
- Pricing and marketing strategy
- Booking publication and management
- Guest care, cleaning and maintenance
- Tracking of income and results
Get income from your property depending on the rental mode that suits it.
Think about who needs your home and for how long: a trip, a work relocation or a new residence all have different needs. We study which mode can work for your property and how it fits with the use you want to give it.
Vacation rental
For travelers looking for accommodation during their holidays or visits.
Corporate and group rental
For companies and professionals who need accommodation for work.
Seasonal rental
For people who need a home for a set period of time.
Long-term rental
For those who want to establish their residence for an extended period.
What return your investment can generate in Panama
We use as a reference a 2-bedroom, 65 m² apartment in an established area of Panama City.
- Property at $140,000
- Entry investment $35,000
- Net income per year $12,920
Per year
OTHER MANAGERS 28% commission
Home2Book 16% commission
Gross rental income
$21,000
$21,000
Management fee
-$5,880
-$3,360
Taxes, community fees, insurance and maintenance
-$4,720
-$4,720
What you keep per year
$10,400
$12,920
Per month
$867
$1,077
$2,520 more estimated net profit per year on the same property, due to the difference in management fees.
How income is estimated
It is the average annual revenue recorded by Airbtics across the 2,628 active vacation rentals in Panama City. The other market aggregator, AirROI, gives a lower figure: $11,818.
Expenses included in the example
Community fee of $150 per month, which is typical for 65 m² in Panama City, property tax of $660 per year, insurance and a reserve for maintenance and contingencies. ITBMS is not included because the tax only applies from $36,000 of annual billing.
Appreciation is not included
The property will probably be worth more in ten years, but you will not receive that money unless you sell. In this case we only count what enters your account each month.
Estimate prepared with public market data as of September 2026. It does not constitute financial, tax or investment advice. The results depend on the location, condition and management of each specific property. Euro-dollar conversion at a reference exchange rate of €1 = $1.15. It does not include the owner’s income tax, which varies depending on your tax residence and on whether you hold the property personally or through a company. The ITBMS threshold of $36,000 stops applying permanently once it is exceeded. Sources: Panama’s Dirección General de Ingresos (ITBMS threshold and income tax scale), Law 66 of 2017 (alternative property tax rate), PanamaProp (price per square meter and maintenance fees), and AirROI and Airbtics (vacation rental income in Panama City, 2026). The 16% Home2Book management fee is the Home2Book rate; 25 to 30% is the usual range for property managers.
What owners and guests who work with us value.
“I am not in Panama and I have not had to take care of anything. Every month the report and the income arrive, and the occupancy is much better than what I was getting before.”
Owner · Panama
“I know exactly what price it rents for each night and why that price was set. When I managed it myself, I worked more and earned less.”
Owner · Seville
“We tried it with one apartment and now we have three. We find out about guests and maintenance issues when they are already resolved.”
Owner · Tenerife
Tell us what you're looking for, and we'll show you where to start.
Whether you have already decided to invest in Panama or are still weighing your options, we help you understand the market and select the best opportunities.
PANAMA
+507 6779-6190
comercial@home2book.com.pa
A team ready for your next investment in Panama
José Ángel Mederos Rodríguez and Ruymán Castelló Ruiz
CEOs
Melania Hernández Cabrera
Tenerife office advisor
Alicia Díaz León
Seville office advisor
Tara Zamora Manzano
Gran Canaria office advisor
Frequently asked questions.
Can I buy a property in Panama as a foreigner?
Yes. Foreigners can acquire properties in Panama, with restrictions in certain areas, such as land located less than ten kilometers from the borders. Before committing, it is important to verify the title, encumbrances and legal conditions of the property. Home2Book accompanies you during the purchase in coordination with professionals in Panama. Legal reference: Panama Constitution, article 291.
What costs should I consider besides the purchase?
It is advisable to consider the legal fees, the notary, the registry and the applicable bank or financing costs, as well as the preparation and furnishing of the property if needed. Afterwards you will have recurring costs such as community fees, maintenance, insurance, management and applicable taxes. We help you assess the full budget of the operation so you can decide with a clear view of your investment.
Can I finance the investment from Spain?
You can check with a financial institution in Spain whether it is possible to obtain financing for this investment. Its viability will depend on your income, debts, available guarantees and the bank’s policy for overseas operations. Before committing to the purchase, it is advisable to confirm the approved amount, the conditions and the contribution you must make from your own funds.
Do I need to travel to Panama to complete the purchase?
Completing the purchase remotely must be confirmed for each operation. Some procedures can be carried out through a representative with a valid power of attorney, while others may require your presence, especially if bank financing is involved. The Home2Book team in Panama coordinates the support so you know what can be resolved from your country and when a trip would be necessary.
What return can I expect?
Returns depend on the purchase price, location, rental mode, occupancy and property costs. We analyze each opportunity to help you understand the estimated income, the expected costs and the result that could remain. You will have the assumptions of the calculation at hand so you can assess the investment with clear criteria. Estimates may vary and do not guarantee results.
Does Home2Book also manage the property after I buy it?
Yes. You can continue with Home2Book to prepare the property and manage its rental, with a team in Panama that knows your investment. We assess the most suitable rental mode for the property: vacation, corporate, temporary or long-term. Before hiring, we agree with you on the scope of the service, its conditions and its costs.
Shall we talk about your next investment in Panama?
Tell us what you are looking for. We will help you assess opportunities and decide whether Panama fits your plans.