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Glossary · Market & investment

Net yield (rentabilidad neta)

Definition

Net yield is a rental property's real return after expenses: HOA fees, property tax, insurance, vacancy, and management. In Panama City it typically lands 1.5–2 points below gross: a 7% gross is ~5%–5.5% net, well managed.

In practice

It's the number an investment is decided on — and the one almost nobody shows. The typical premium-area breakdown: PH fee $180–280/month, property tax per registered value and exemptions, 4%–8% of the year lost to vacancy between leases, and 8%–10% of rent if third-party managed. Before a client offers, we run this calculation with that specific finca's real numbers; if the net doesn't hold the thesis, we say so and keep searching.

General information, not legal or tax advice. Every transaction is confirmed with an attorney and accountant.

Term reviewed as of July 2026 · Vaca Group Real Estate, Lic. PN 5904