What could your Panama City property earn?
A two-bedroom rental in Panama City typically achieves around €75 a night at about 66% occupancy — roughly €1,506 gross per month.
By property size
| Size | Nightly rate | Nights / year | Gross / month | Gross / year |
|---|---|---|---|---|
| Studio | €53 | 241 | €1,064 | €12,773 |
| 1 bedroom | €64 | 241 | €1,285 | €15,424 |
| 2 bedrooms | €75 | 241 | €1,506 | €18,075 |
| 3 bedrooms | €98 | 241 | €1,968 | €23,618 |
| 4+ bedrooms | €120 | 241 | €2,410 | €28,920 |
These are indicative market estimates for a well-presented property, not a guarantee. Actual earnings depend on your location, presentation, availability, local regulation and season. Figures are gross revenue before cleaning (around €25 per stay here), taxes, utilities and local levies.
Letting in Panama City
Rules and licensing
Panama restricts short-term letting in residential buildings: stays under 45 days are broadly prohibited outside licensed tourist accommodation, and building rules commonly reinforce it. Check the specific building and zoning before committing.
Tourist tax
A hotel and accommodation tax applies to licensed lodging.
How the year is shaped
December to April is the dry-season peak. The May to November rainy season is softer, though rain is usually an afternoon event rather than a washout.
Who books here
Business travellers, canal tourism and a growing long-stay segment. Model this as medium-term letting unless the property is licensed tourist accommodation.
Short-term rental rules change often and can differ by district, and building or condominium rules may restrict letting regardless of what the city permits. Treat this as orientation, not legal advice, and confirm the current position with the local authority before letting.
What drives the number in Panama City
Peak season
Demand follows the tourist season. The best months to visit are December to April, and rates run highest then.
Typical occupancy
66% across the year for an actively managed listing — around 241 booked nights.
Cleaning
About €25 per stay, and roughly 60 stays a year at a four-night average.
Currency
US Dollar (USD). 1 EUR = 1.08 USD / 1 GBP = 1.27 USD
List it on Holistay
Publishing is free. Add a video walkthrough, set your nightly rate, and decide whether to accept offers on quiet dates. You can read the full Panama City travel guide to see what guests coming here are planning around.