Neighborhoods
Punta Paitilla Luxury Condos, Panama City, Panama
Punta Paitilla is a consolidated residential peninsula in Panama City, known for its old-money character and established buildings with generously sized penthouses. It stands apart from newer towers thanks to large floor plans —many from 500 to 700 m² or more— and open views over the bay and skyline. It suits buyers who value space and a settled address over new construction.
As of October 2026, resale in Punta Paitilla has a median of $1,955/m² (601 listings), representative new construction runs about $2,821/m², a rental apartment yields ~8.39% gross per year — per the Vaca Group Residential Market Study (2026-Q4).
- New construction
- $2,821/m²
- Resale (median)
- $1,955/m²601 active listings
- Rent
- $13.67/m²/month
- Gross annual yield
- 8.39%
- Vacancy
- 2–4%
Data updated: October 2026 · Vaca Group Residential Market Study
See all Punta Paitilla data ↓Lifestyle
Daily life in Punta Paitilla pairs residential calm with everything close at hand: the Multicentro mall, restaurants, clinics and schools are minutes away, and the Cinta Costera coastal beltway links it to the rest of the city. It is a walkable, tree-lined, low-turnover neighborhood where residents tend to stay for years.
The real estate market
It appeals to buyers who prioritize floor area and location over brand-new construction: families, established professionals and foreign investors. On a per-square-meter basis it often delivers more space than Punta Pacífica, frequently with renovation upside. Demand is steady for both purchase and long-term rental.
Market data
The Punta Paitilla market, in numbers
Own sample: October 22, 2026
- Resale · median $/m²
- $1,955601 unique units
- p25–p75 range · sale
- $1,538–$2,963
- Rent · median $/m²/month
- $13.67203 units
- Gross yield
- 8.39%rent ÷ sale, per m²
- Estimated net
- 4.76%after vacancy, management, HOA and tax
- Unique inventory for sale
- 643
- Listings with a cut
- 9.6%
- New builds · $/m²
- $2,82142 pre-sale listings
By bedrooms (resale, median $/m² · n): 1: $3,598 (n=38) · 2: $2,034 (n=107) · 3: $1,867 (n=327) · 4+: $2,017 (n=128)
Resale: median asking price by area (USD/m², unique units)
Properties in Punta Paitilla
Ask about Punta Paitilla
Frequently asked questions
- What sets Punta Paitilla apart from Punta Pacífica?
- Punta Paitilla is a more consolidated area with established buildings and larger apartments, while Punta Pacífica is concentrated in newer towers. Buyers who want spacious floor plans and a settled location tend to favor Punta Paitilla.
- Can a foreigner buy property in Punta Paitilla?
- Yes. In Panama, foreigners hold full title with the same rights as citizens, including in Punta Paitilla. With local financing, a non-resident buyer typically needs around 30% as a down payment.
- How does renting out a Punta Paitilla apartment as an investment work?
- Punta Paitilla apartments rent well to long-term residents thanks to their space and location. Property management in Panama generally runs about 9%–10% of the monthly rent, with a $100/month minimum, a cost to factor into your return.
- How much does a square meter cost in Punta Paitilla (2026)?
- In Punta Paitilla, resale has a median of $1,955/m² (601 unique apartments on offer) and new construction runs about $2,821/m². Data as of October 2026 from Vaca Group's Residential Market Study (2026-Q4): own sample of active listings on Encuentra24, Compre o Alquile and the ACOBIR MLS, deduplicated; asking prices, not closings.
- What rental yield does an apartment in Punta Paitilla produce?
- An apartment in Punta Paitilla generates a gross rental yield of about 8.39% per year (median rent per m² over median resale price per m²), and an estimated net yield of 4.76% after HOA fees, one month of vacancy, management and property tax. Data as of October 2026 from Vaca Group's Residential Market Study (2026-Q4): own sample of active listings on Encuentra24, Compre o Alquile and the ACOBIR MLS, deduplicated; asking prices, not closings.
- Does a property in Punta Paitilla qualify for Panama's Qualified Investor visa?
- It depends on its condition and price. Since September 16, 2026, Executive Decree 17 requires US$300,000 if the property is new — first sale, never occupied, transferred by the developer — and US$500,000 if it's resale, with the investment held for 5 years and funded from abroad. In Punta Paitilla, much of the luxury inventory clears both thresholds, but every case should be confirmed with an immigration attorney before reserving.
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