Penonomé data

Housing market · August 2026

Penonomé housing market

What it costs to buy and rent in Penonomé, Panama, computed from 4 continuously monitored listings.

Monitored listings

4

Price history in Penonomé

Apartment price per m² and whole-inventory median sale price, in USD. Apartments only: a house’s m² includes the land, so mixing them would not give a figure comparable month to month. Where a neighborhood has no apartments for sale the $/m² column is left empty; the median sale price beside it still carries the month. Published months are never restated. · Download CSV

MonthPrice per m²MoMQoQYoYMedian sale
July 2026————$86,000

Neighborhoods

#City / NeighborhoodListingsMedian sale$/m²MoMYoYMedian rent
1
PenonoméView →
2$65K————
2
PajonalView →
1$475K————
3
TulúView →
1$100K————

By property type

TypeListingsMedian sale$/m²*
HousesView →
1$475K—
LandView →
3$72K—

*An apartment’s m² is built interior area. For houses and land it includes the ground, so the two figures are not comparable to each other — this page’s headline uses apartments only.

By bedroom count — Houses

HouseslistingsMedian$/m²
Studiono data——
1 bedroomno data——
2 bedroomsno data——
3 bedroomsno data——
4 bedrooms1——
5+ bedroomsno data——

Price distribution

How many listings fall in each price range (USD).

Price distribution — sale

<$50K
0
$50K-$100K
2
$100K-$200K
1
$200K-$500K
1
$500K-$1M
0
>$1M
0

Projects

New developments with available units.

Active developers

Companies with active projects here.

Grupo Provivienda

Frequently Asked Questions about Penonomé

Prices in Penonomé vary by neighborhood and property type. There are currently 0 listed properties you can browse to get an up-to-date sense of pricing.
The neighborhoods with the most real estate activity in Penonomé are Cañaveral, Chiguirí Arriba, Coclé, El Coco, Pajonal. Cañaveral leads with 0 properties and a median price of —. When choosing a neighborhood, think about commute distance, public transit access, nearby amenities (grocery, healthcare, schools), and your budget. A good quality-of-life indicator is rental availability — neighborhoods with more rentals tend to have better infrastructure and services.
It depends on how long you plan to stay. With a median purchase price of — and rents starting at —/mo, the price-to-rent ratio in Penonomé favors buying if you're staying 3+ years. There are currently 0 properties for sale and 0 for rent — solid supply that gives buyers negotiating leverage. If you're new to the city, renting first lets you explore neighborhoods before committing to a purchase.
The Penonomé market has 0 active properties across 0 neighborhoods, with a median price of — and a cost per m² of —/m². With 0 properties for sale, the current supply is high — which is good for buyers: more options to choose from and more room to negotiate on price and payment terms. If you're looking for investment value, compare price per m² across neighborhoods to spot the best opportunities.
Yes, with no restrictions whatsoever. Foreigners in Panama have the exact same rights as citizens to purchase any type of property, including land. You don't need residency or a special visa. The purchase is formalized through a public notary, who verifies the title, drafts the contract, and registers it with the Public Registry. Closing costs are around 3-4% of the property value (notary fees, transfer tax, and registration fees). Many foreign investors also apply for temporary residency, which is relatively easy to obtain in Panama.

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Methodology

This page analyzes 4 listings in Penonomé, Panama.

Metrics are calculated from the active inventory TuLugar monitors across the market — both listings published on TuLugar and active agency supply tracked continuously. They are asking prices, not final transaction or closing prices.

We use medians to reduce the effect of outlier properties; $/m² only includes listings with valid area data. Prices in other currencies are converted to USD using the exchange rate available when the snapshot is refreshed.

Data is recalculated daily and can change when listings are published, updated, or deactivated.

Read the full methodology →

In parentheses: analyzed market listings, not only those published on TuLugar.

Data as of 2026-08-05 · refreshed 2026-08-05 03:00 UTC