Back to Panama
🇵🇦Panama · Price tier
Homes in Panama under $300K
$300,000 in Panama delivers premium options. Three-bed apartments in Panama City's Punta Pacífica, Costa del Este's modern high-rises, Coronado or Playa Bonita beachfront, and large homes with private pools in Boquete. Expect luxury Latin American finishes, developer amenity packages, and often US appliances. Panama City is the business hub — a condo here makes sense for buyers planning frequent US travel (Tocumen has direct flights to 15+ US cities). Boquete and Volcán make sense for retirees who want mountain weather (60-75°F year-round) and an established expat community.
Listings
5,062
Median price
$185K
Cities covered
26
Avg size
2040 m²
Visa & residency
Friendly Nations Visa — available to US citizens with professional/economic ties to Panama. Requires employment, $200,000 real estate investment, or $200,000 bank deposit. Grants 2-year provisional residency, then permanent. Pensionado Visa — for retirees with $1,000+/mo pension, extensive senior discounts on flights, restaurants, and utilities.
Read the full Panama guide →60 listings under $300K
Not finding the right fit?
Browse every Panama listing we track, filter by city, size, and property type, and see listings sorted by newest first.
All Panama listings →Updated 2026. Listings refresh weekly.