Every licensed short-term-rental opportunity in the portfolio, the real ADR/occupancy ranges behind each yield figure, the ATP licensing rule that actually matters, and a live calculator to model your own numbers.
Panama's licensed short-term-rental market splits into two categories: one contractually guaranteed floor, and a portfolio of operator-projected ranges that we quote exactly as the operator reports them — three scenarios, not the flattering one.
| Project | Area | Net yield range | Structure |
|---|---|---|---|
| Kyte | Obarrio | 8.0% guaranteed | Contractual floor, 2 years, from $120,915 |
| Passage | Amador | 8.1–12.6% | Operator-projected, 3-scenario model |
| Euphoria | San Francisco / Punta Pacífica | 8.76–12.09% (avg 10.83%) | Operator-projected, 3-scenario model |
| Be Living | San Francisco | 7.7–11.5% | Operator-projected, 3-scenario model |
| Generation Tower | Costa del Este | Licensed condo-hotel | Active ATP permit, Independent Living floors |
| The Hub | San Francisco | 8.3–11.7% | Operator-projected, 75% occupancy base case |
All figures net of platform commissions, cleaning, utilities, HOA and management fee unless noted otherwise. Projections are illustrative and do not guarantee results — request the operator's fact sheet for any unit before committing capital.
Inside the Panama District, any rental under 45 days is illegal without a public tourism accommodation permit from the Tourism Authority (ATP) — fines run $5,000 to $50,000 per violation, and ATP can act directly on unlicensed listings, not only on complaint. We won't put a city STR unit in front of a client without that permit verified on paper.
Panama City proper. The 45-day rule applies in full. Every project we list here carries a verified ATP permit or an active licensing path we disclose before you commit.
Boquete, Bocas del Toro, Playa Venao, Valle de Antón. This restriction does not exist — a materially different risk and yield profile, and one we flag clearly before you buy.
| City (Panama District) | Countryside | |
|---|---|---|
| ATP permit required | Yes, mandatory under 45 days | No |
| Typical net yield | 7.7–12.6% | Varies by market, no city cap |
| Demand driver | Corporate travel, medical tourism, business stays | Leisure, digital nomads, surf/beach seasonality |
| Product | Furnished condo-hotel units, managed towers | Pre-built villas/cabins or build-yourself |
Adjust price, nightly rate, occupancy and fees — the estimate updates live. Educational tool only; request the operator's fact sheet for a verified project model.
Educational tool only — not a guarantee, offer, or substitute for an operator's profitability analysis. Actual ADR, occupancy and fees vary by project, season and management agreement.
This dossier is fully readable right here, free, with no form to fill first. If you want a project-specific fact sheet or want to talk through your numbers, leave a way to reach you and a person replies.
A person replies — no automated sequences.