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  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
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    PANAMA CITY, PANAMA

    Oct. 15-17, 2025

    VIRTUAL

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  • Home
  • Countries

    Top Destinations:

    Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

    • Spain
    • Portugal
    • Panama
    • Belize
    • Colombia
    • Cyprus
    • Mexico
    • France
    • Montenegro
    • Browse All Countries

    Best For:

    • The Best Places To Retire
    • Health Care Abroad
    • Cost Of Living
    • Investing in Real Estate
    • Establishing Residency
    • Gun Laws In The World
    • English-Speaking Countries
    • Safest Places For Retirement
    • Best Places In Latin America
  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
  • Resources

    Global Living

    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore & Diversification

    Making Money

    • International Real Estate
    • Banking
    • Employment
    • Investing

    Follow Us:

    • Meet Our Experts
  • Real Estate

    Buying Real Estate For Cashflow

    • Discover tips and strategies used by global property investing veterans

    Explore Our Latest Posts

    • Learn how to invest and purchase property abroad…

    Go To The Overseas Property Alert Site

    • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
  • Conferences

    Upcoming Events

    • Explore Our Events Site

    Live and Invest In Spain Conference

    Offshore Wealth Summit

    Greece Workshop

    VALENCIA, SPAIN

    Sep. 17-19, 2025

    PANAMA CITY, PANAMA

    Oct. 15-17, 2025

    VIRTUAL

    Nov. 13, 2025

    LEARN MORE
    DISCOUNT
    LEARN MORE
    PRE-REGISTER
    LEARN MORE
    PRE-REGISTER
    • MORE EVENTS

    Contact Our Events Team

    Toll-Free U.S. and Canada:
    1 (888) 627 8834
    From Outside North America:
    1 (443) 599 1221
    Working Hours
    Monday – Friday 08:00 am – 17:00 pm EST.

    Reach us with your questions by email at: events@liveandinvestoverseas.com

  • Store

    Unlock The World

    • Access Your Library

    Overseas Havens Reports

    • Expats' comprehensive destination guides

    Conference Kits

    • Hours of coverage  from our latests conferences

    Lahardan Books

    • Titles on living and investing around the world
    • Explore Our Store
    Your passport to a life well-lived abroad

    Services

    overseas living letter offers affordable retirement guidance
    The Simon Letter Wealth Protection Insights
    Global Property Advisor Global Investment Opportunities

    Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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Live and Invest Overseas
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Home Real Estate

How To Find A Rental In Panama City, Panama

Expat Guide 101: Finding Your Perfect Rental Property

by Live And Invest Overseas
Jan 21, 2025
in Real Estate
0 0
Avenida Balboa in Panama City, Panama. Exciting Neighborhoods

AdobeStock/JanMelf

Whether you are simply exploring this beautiful Central American country, or snow-birding for the winter months, or moving on a full-time basis, you should rent in Panama for a while before committing. Here are some ways to find a rental property in Panama City that will meet your needs.

How To Search For Panama Apartments

Woman searching for apartment on rental property website via smartphone, closeup
AdobeStock/New Africa

While many Panama rental properties are “listed” by real estate agents, there is no formal Multiple Listing Service (MLS) to find every property on the market through one agent. Often, one property is advertised by several agents, or family members, or friends, and the rent may vary from agent to agent.

You can use online rental sites to compare different types of apartments and condos in Panama, clarify the range of rents charged, describe the various locations and amenities, and provide background and testimonials about the landlords.

Airbnb Panama, VRBO.com, booking.com, and Trip Advisor are popular websites where you can start your search before you arrive, but be sure to review some of the local sites.

Once you’re in Panama, check out the classified section in local newspapers for Panama apartments to rent, and then walk the various neighborhoods to get a feel for the area and look for signs posted in windows that say, “Se Renta,” “Se Alquila,” or “For Rent.”

Using An Agent To Find Short-Term And Long-Term Rentals In Panama

In Panama City, most real estate agents will speak some English and can be a valuable resource if your Spanish is not strong. Some of the benefits a local agent offers include:

  • Familiarity with the best locations, and the range of reasonable rental rates
  • Time savings by searching through a listing system that is not well organized
  • Help negotiating a lease, security deposit, furniture if needed, utilities, and other legal matters
  • Acting as a local guide who can provide additional tips and advice about living in Panama City.

Of course, an agent will charge for their services, but you will save a lot of time and frustration using a local expert instead of trying to navigate the Panama City real estate market on your own.

Panama Apartment Details To Consider

The housing and rental market in Panama is thriving so you should have plenty of options. Consider renting in a gated community where you can enjoy 24-hour security, swimming pools, gyms, children’s areas, and more. Or you can live more like a local in a traditional neighborhood with single-family homes and no amenities.

You’ll need to decide if you want to rent furnished or unfurnished. In Panama, unfurnished means the apartment does not come with appliances unless the rental ad says, “Linea Blanca” which means no furniture but appliances are included.

Be prepared to negotiate your rental price. Apartment owners tend to start at a high rental price but settle on a lower amount after discussion. Also, the longer you rent, the lower your monthly rental amount should be. Rental contract terms can be modified so don’t feel obligated to sign a standard contract without reviewing and even changing the terms.

Upon signing a rental contract, it will be registered at the Directorate of Leases at the Ministry of Housing. You will also pay a security deposit of one month’s rent which is consigned to the Ministry of Housing. When the property is returned in good shape, the deposit is returned to the renter.

It’s fairly easy to extend a lease and either the landlord or the tenant can end the contract with 30 days’ advance notice.

Most importantly, Panama’s real estate laws tend to protect tenants’ rights more than owners’ rights so it is difficult for a landlord to evict a tenant in Panama.

Finding a great rental apartment in Panama can be time-consuming, but once you settle in and start enjoying your Panamanian adventure, it will be worth it.

Tags: 'Expats In Panama''Rentals In Panama City'apartment rentalsLife In Panama
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Live And Invest Overseas

Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

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HOME

Top Countries

  • Spain
  • Portugal
  • Panama
  • Belize
  • Colombia
  • Cyprus
  • Mexico
  • France
  • Montenegro

Best For:

  • Health Care Abroad
  • Retirement Living
  • Cost Of Living
  • Investing in Real Estate
  • Establishing Residency
  • Gun Ownership
  • English Speakers
  • Safety
BROWSE ALL COUNTRIES

Budgets

How Much Will It Cost
To Live Overseas?

Super Cheap

  • Chitré, Panama
  • Santa Marta, Colombia
  • Phuket, Thailand
  • Dumaguete, The Philippines

Cheap

  • Medellin, Colombia
  • Boquete, Panama
  • Kyrenia, Cyprus
  • Hua Hin, Thailand
  • The Algarve, Portugal

Affordable

  • Valencia, Spain
  • Cascais, Portugal
  • Las Terrenas, The DR
  • Pisa, Italy
  • La Rochelle, France
  • Mazatlán, Mexico

Luxury

  • Ambergris Caye, Belize
  • Kotor, Montenegro
  • The Panama City Beaches
  • Paris, France

Resources

Global Living

  • Living & Retiring Overseas
  • Raising A Family Abroad
  • Foreign Residency & Citizenship
  • Offshore & Diversification

Making Money

  • International Real Estate
  • Banking
  • Employment
  • Investing
Meet Our Experts

Real Estate

Overseas Property Alert 

 

How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

VISIT SITE

Buying Real Estate For Cashflow

 

Discover tips and strategies used by global property investing veterans

READ MORE

Explore Our Latest Posts

 

Learn how to invest and purchase property abroad…

EXPLORE

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VALENCIA, SPAIN Sep. 17-19, 2025
LEARN MORE
DISCOUNT

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PANAMA CITY, PANAMA Oct. 15-17, 2025
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PRE-REGISTER

GREECE WORKSHOP

VIRTUAL Nov. 13, 2025
LEARN MORE
PRE-REGISTER
MORE EVENTS

Contact Our Events Team:

Toll-Free U.S. and Canada:
1 (888) 627 8834

From Outside North America:
1 (443) 599 1221

Working Hours
Monday – Friday 08:00 am – 17:00 pm EST.

Reach us with your questions by email at: events@liveandinvestoverseas.com

Store

Overseas Havens Reports

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Conference Kits

  • Hours of coverage  from our latests conferences

Lahardan Books

  • Titles on living and investing around the world

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