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Development intelligence

Development pulse — Panamá

What is being built in Panamá, from four angles: what the authorities approved, what is already being sold off-plan, the developer projects we follow, and the demand behind it. Aggregate signals only.

LATAM at a glance — permits · pre-sale offer · tracked projects · pick a country

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Authorized construction
51
2026-06-7.6%
Published pre-sale offer
250+
3.8% of the published sale offer
New pre-sale in 30 days
40+
listings entering the visible market
Tracked projects
222
86 in an active phase
Population growth
1.2%
per year · World Bank 2025
Signal 1 · official

Construction permits

What the authorities approved — the earliest hard signal of future supply.

Permits issued · monthly

Scope: capital district · 2024-07 → 2026-06
2024-072026-06
Latest: 51 (2026-06) Last 12 months vs the previous 12 : -7.6%

Where permits concentrate

Top corregimientos by permits, latest period available.
1 Juan Díaz 171
2 San Francisco 103
3 Ancón 89
4 Bella Vista 88
5 Ernesto Córdoba Campos 65
6 Betania 61

Source: Municipio de Panamá · DOYC · official data.
Open the full permits dashboard →

Signal 2 · visible market

Published pre-sale offer

Listings in the visible market that advertise pre-sale, off-plan or under-construction units. Published asking prices, never closings.

By property type

Median asking price and size of pre-sale listings, by type (sale only).
TypeListingsMedian asking priceMedian size
Apartment 100+ $325,874 90 m²
House 50+ $377,994 123 m²
Land 20+ $260,400 362 m²
Overall median asking price: $323,000 Median size: 90 m²

Where pre-sale is being offered

Zones with the most pre-sale listings right now.
1 Panamá 60+
2 Ciudad de Panamá 40+
3 Costa del Este 30+
4 Chiriquí 20+
5 Bella Vista 20+
6 San Francisco 10+
7 Los Santos 10+
8 Punta Pacífica 10+

Counts are rounded down to protect source coverage. Visible market only: pre-sales placed privately never appear here.

Signal 3 · developers

Tracked developer projects

Projects publicly marketed by developers that we follow over time: phases, delivery years, typical sizes and prices.

Mix by phase

How the tracked inventory splits by construction status.
Pre-sale 86 · 38.7%
Delivered 129 · 58.1%

7 projects do not publish a phase and are not shown here.

Delivery years

Delivery year distribution across tracked projects.
2024
4 Projects
2025
6 Projects
2026
42 Projects
2027
25 Projects
2028
27 Projects
2029
13 Projects
2030
1 Projects

Most active zones

Where developers are concentrating new inventory.
Panamá 63 Total
Bella Vista 14 active 19 Total
San Francisco 16 active 18 Total
San Carlos 17 Total
Juan Díaz - Corregimiento 10 active 14 Total
Rio Hato 7 active 9 Total
La Chorrera 8 Total
Barrio Colón 4 active 7 Total

Typical sizes and prices by property type

Percentiles of starting area and median starting price across tracked projects.
TypeProjectsSize p25Size medianSize p75Median price (from)
Apartment 150 53 m² 77 m² 109 m² $244,799
House 23 124 m² 171 m² 273 m² $285,000
Land 1 — — — $300,000

Price tiers (starting price USD)

How the inventory splits across budget tiers.
< $100K
25 · 12.3%
$100K - $300K
111 · 54.4%
$300K - $700K
45 · 22.1%
$700K+
23 · 11.3%

Most common amenities

Share of tracked projects offering each amenity.
Pool71.2%
24/7 security67.1%
Parking64.9%
Gym54.5%
BBQ area48.2%
Elevator29.3%
Pet friendly19.4%

Top developers

Developers with the most projects tracked in this country.
Los Alcazares, S. A
27 Projects · $440,000 median
Inmobiliaria Pacific Hills, S.A
16 Projects · $198,540 median
Grupo Los Pueblos
14 Projects · $290,713 median
Empresas Bern
8 Projects · $269,720 median
GVA
8 Projects · $677,050 median
Majarlizo
8 Projects · $264,580 median
Signal 4 · demand

Demand context

Structural drivers behind new construction (World Bank, 2025).

1.2%
Population growth per year
66.2%
Urban population
4.4%
GDP growth

Data coverage for Panamá

What each signal is built from, so you can judge it.

Construction permits Available · 2024-07 → 2026-06 · capital district · Municipio de Panamá · DOYC
Published pre-sale offer Available · live, refreshed daily from public sources
Tracked developer projects Available · 222 Projects · updated 2026-10-25
Demand context Available · World Bank 2025
Source: Official permit data is credited to the issuing institution. Listing-derived figures are aggregated from public sources and rounded; no individual listing or project is shown. Asking prices, not closings.