Under construction
$4,066per m²
Westin Residences, photo 1Price from
$440,000US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$5,500 per m²
pricier than 75% of city projects: +33%Data verified Aug 5, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 80 - 169 m²
- Bedrooms
- 1 - 3
- Completion
- Q4 2029
- Readiness
- Under construction
- Dry season
- Feb, Mar, Jan
- First instalment
- 100%
Price
Is this expensive for the city
$5,500 per m², Panama City median $4,133
Median $4,133This project $5,500
$3,913$6,065
+33% vs the city median (Panama City), sample of 5 projects. pricier than 75% 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.
The cost of this project
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What it really costs
Payment plan
- 100%Step 1 · On contract$440,000
- Total
- 100% · $440,000
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$220,000$1,257,360
$400$6,600
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $1,630
- Annual income
- $19,562
- Gross yield
- 5.7%
- Net yield
- 4.4%
- Value in 5 years
- $588,819
- 5-year ROI
- 56%
See calculation details
- Gross annual rent
- $25,080
- Common area fee
- -$810
- Tax (10%)
- -$2,508
- Agent commission
- -$2,200
- Net annual income
- $19,562
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
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 26.6 | 20 |
| Feb | 26.9 | 9 |
| Mar | 27.5 | 18 |
| Apr | 28.1 | 107 |
| May | 27.8 | 245 |
| Jun | 27.4 | 253 |
| Jul | 27.2 | 204 |
| Aug | 27.2 | 220 |
| Sep | 27.1 | 245 |
| Oct | 26.8 | 260 |
| Nov | 26.7 | 248 |
| Dec | 26.8 | 108 |
Source: NASA POWER, climate normal (2001-2020). Grid node 8.9, -79.6. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q4 2029
- Status
- Under construction
- Area
- 80 - 169 m²
Description
Empresas Bern is building Westin Residences in Panama City, Panama, with completion set for December 2029.
The project offers one, two and three bedroom units ranging from 80 to 169 square meters. Prices start at 440,000 USD and go up to 1,047,800 USD, with price per square meter from 5,500 USD.
The spread between the smallest and largest units means buyers can choose anything from a compact one-bedroom layout to a larger three-bedroom unit within the same development. The project is currently under construction, with the building taking shape ahead of its scheduled handover at the end of 2029.
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≈ $440,000Rate as of 2026-10-15
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
- Panama City FL Real Estate Market 2025 Trends & Outlook ↗
- Panama Property Market Forecast 2025 - Benoit Properties ↗
- Panama Real Estate Market Forecast: Trends and Opportunities ↗
- Panama Property Market Outlook for 2026 - TheLatinvestor ↗
- Panama Real Estate Market Report for Q1 2025: A Market in Transition ↗
- Panama Market Update 2025 - Overseas Property Alert ↗
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