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Under construction

Panama City Central by Pullman

Panama City, Panama
Panama City Central by Pullman, photo 1Panama City Central by Pullman, photo 1

Price from

$319,504US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$6,065 per m²

pricier than 100% of city projects: +47%
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Data verified Sep 30, 2026 · price source: developer partner network · updated 14 days ago

Properties
Hotel unit
Area
53 - 94 m²
Bedrooms
1
Completion
Q4 2027
Readiness
Under construction
Dry season
Feb, Mar, Jan
First instalment
100%

Price

Is this expensive for the city

$6,065 per m², Panama City median $4,133

$3,913$6,065

+47% vs the city median (Panama City), sample of 5 projects. pricier than 100% of city projects.

Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

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What it really costs

Payment plan

  1. 100%Step 1 · On contract$319,504
Total
100% · $319,504

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$159,752$686,461
$300$4,800

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

Ask agent about rental ratesTelegram
40%100%
0%20%
Monthly income
$1,167
Annual income
$14,006
Gross yield
5.7%
Net yield
4.4%
Value in 5 years
$427,568
5-year ROI
56%
See calculation details
Gross annual rent
$18,240
Common area fee
-$810
Tax (10%)
-$1,824
Agent commission
-$1,600
Net annual income
$14,006
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Feb, Mar, Jan Wettest months: Oct, Jun, Nov Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan26.620
Feb26.99
Mar27.518
Apr28.1107
May27.8245
Jun27.4253
Jul27.2204
Aug27.2220
Sep27.1245
Oct26.8260
Nov26.7248
Dec26.8108

Source: NASA POWER, climate normal (2001-2020). Grid node 9.0, -79.5. This is a multi-year normal, not a weather forecast.

About the project

Properties
Hotel unit
Completion
Q4 2027
Status
Under construction
Area
53 - 94 m²

Description

Panama City Central by Pullman is under construction in Panama City, Panama. Mercan Group develops the project, with completion set for December 2027.

The units on offer are one-bedroom hotel units ranging from 52.68 to 94.32 square meters. Prices start at 319,504 USD and go up to 572,051 USD, with a price per square meter of 6,065 USD.

The area range covers both a compact one-bedroom layout and a larger one-bedroom layout under the same configuration, giving buyers a choice of size within that single bedroom count. Construction continues toward the December 2027 completion date, with pricing set across the stated range depending on the unit size chosen.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Price in your currency

Rate: 1 USD = 1 USD≈ $319,504Rate as of 2026-10-14

Denominated in USD - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Panama City, Panama

Market context

Panama City price per sqm$1,804‑$2,483
Panama City rent growth12%
Gross rental yield6.8%‑9.5%
Home sales growth 202320.7%
Foreign buyer share of new builds34%↑ +15 pp since 2020

Residential prices in Panama City are recovering, with average values now between $1,804‑$2,483 per square metre, reflecting modest upside. Rental demand remains strong, as city rents rose about 12% year‑over‑year in Q1 2025 and gross yields sit between 6.8% and 9.5%. Foreign investors are increasingly active, accounting for 34% of new‑development purchases in 2023, drawn by tax‑friendly policies and residency programmes.

Sources (6) · updated 21/08/2026

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