Boquete, Panama
Boquete, Panama
Boquete, Panama

Real Estate in Panama

By Joshua Wood, LPC

Last updated on Nov 27, 2021

Summary: Expats and retirees talk about real estate in Panama? How do you find a home in Panama? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Panama?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"The first condo we found in Nueva Gorgona was through VRBO. We didn't know a lot about the area here, but we rented so if we decided it wasn't for us, we could always move to another area. After that, it's been by word of mouth that we have found places to live," said another person in Nueva Gorgona .

"I lived in Leon, Nicaragua and was tired of heat, The temperatures here suit me well. I found an apartment in Alto Boquete on the Internet, and took a 6 month lease. I will be moving closer to town as I don't own a car," added another expat who made the move to Boquete.

"We lived in Panama City for a short time while we were waiting for our goods to arrive. The heat is almost unbearable. We had visited Boquete on previous visits and decided that its mild weather is a good choice. Never too hot or too cold. We purchase a dehumidifier for the rainy season, but you don't need an air conditioner or space heater. A lighted ceiling fan is all you need," explained one foreigner living in Alto Boquete, Panama.

"Most good rentals are found through people you know. Ours was never advertised, only word of mouth. Good rentals are difficult to find," said another in Boquete.

"We wanted to live in a safe local neighborhood near the ocean. I listened to my friends who were already here and looked in those areas," explained one expat in Bocas del Toro.

"I made a visit here in August,stayed in a pretty basic place in el Cangrejo, and felt quite at home. It reminds me of Greenwich Village in NYC. I'll be staying in the same place for a month, plan to begin the Pensionado process with a recommended-by-expats att'y., and then move about 1 1/2 hrs.outside the city, coming back in as needed to complete the paperwork," explained one person living in Panama City, Panama.

Moving to Panama? Our partner, InmoPanama will help you find the perfect home. The No. 1 real estate portal and agency in Panama, InmoPanama provides access to thousands of properties for sale and rent throughout Panama including popular expat destinations like Panama City, Boquete, Bocas del Toro and Coronado.

Search for Homes

Moving to Panama? Our partner, InmoPanama, will help you find the perfect home. The No. 1 real estate portal and agency in Panama, InmoPanama provides access to thousands of properties for sale and rent throughout Panama including popular expat destinations like Panama City, Boquete, Bocas del Toro and Coronado. Start searching for properties today.

What is a typical expat home or apartment like in Panama?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000. Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Some of Joshua's more popular articles include Pros and Cons of Living in Portugal, 8 Best Places to Live in Croatia and the Living in Mexico Guide. Connect with Joshua on LinkedIn.

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Get a quotes for international health insurance from our partner, William Russell.
Get a Quote

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Meet other expats and talk about living in Panama.

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Contribute to Panama Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Panama.

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