Licensed city buildings yielding 6–8% net, and countryside markets with no restrictions at all. Verified operator numbers — gross and net, side by side.
Law 80 of 2012 requires a tourism accommodation permit (ATP) for any rental under 45 days in the Panama District. Buildings that hold this license operate legally as condo-hotels or licensed STR product; everything else is long-term rental only. Outside the capital — Boquete, Playa Venao, Bocas del Toro, Valle de Antón — no such restriction exists.
Our city portfolio splits into two kinds of product, and the difference matters more than the yield number.
One project in our portfolio — Kyte, in Obarrio — carries a contractual floor: the operator guarantees 8% annually on investment value. That converts the decision from "do I believe the projection?" to "am I comfortable with the floor?" Entry from $120,915, delivered furnished.
Everything else is modeled, not guaranteed — and we quote the operator's own three scenarios rather than the flattering one. Passage (Amador): 8.1–12.6%. Euphoria (San Francisco/Punta Pacífica): 8.76–12.09%, averaging 10.83%. Be Living (San Francisco): 7.7–11.5%. All net of platform commissions, cleaning, utilities, HOA and management fee.
Licensed condo-hotel product — Generation Tower and Arcadia — sits alongside these with active ATP permits. Ask for the fact sheet on any unit and we will walk gross versus net, line by line.
*Guaranteed minimum applies to one project only and is a contractual undertaking by that building's rental operator. All other figures are projections and do not guarantee results.
Adjust the price, nightly rate, occupancy and fees to see an estimated net yield and cash-on-cash return update live. Educational estimate only — request the fact sheet for a project's verified operator 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.
Finished or under-construction cabins, condos and villas in Boquete, Venao, Bocas and Valle de Antón. Publish on Airbnb from day one — no license required outside the capital.
Buy the lot, build the product the market actually books. We pair you with high-trust construction partners and manage the project end-to-end.
7 off-market lots (Santiago Apóstol & La Rioja), 2,090–4,318 m², with a prefab-cabin build-yourself program and a live ROI calculator modeling construction scenarios against projected STR yield.
View Altos de María — 7 Lots →From the numbers to the first payout — licensed, furnished, and managed.
Gross vs. net, per unit, per scenario — before you commit.
ATP permit verified on paper (city) or confirmed exempt (countryside).
Purchase managed through notary and registry.
Rental-grade turnkey packages, installed and photographed.
Professional management: pricing, guests, maintenance.
Monthly net to your account, with real reporting.
Yes. Law 80 of 2012 requires a tourism accommodation permit (ATP) for any rental under 45 days within the Panama District. Buildings that hold this license operate legally as condo-hotels or licensed STR product. Renting short-term from an unlicensed unit in the city is not legal, regardless of what a listing platform allows you to post.
A guaranteed yield is a contractual floor the building's rental operator commits to paying regardless of actual occupancy — in our current portfolio, only Kyte in Obarrio carries this, at 8% annually. A projected yield is a model built from ADR, occupancy and fee assumptions, and is not a guarantee. We always quote the operator's own low-to-high range, not the single flattering number.
Yes. The ATP licensing requirement under Law 80 applies specifically to the Panama District. Countryside and coastal markets — Boquete, Playa Venao, Bocas del Toro, Valle de Antón — have no equivalent restriction, and owners list on Airbnb and similar platforms from day one.
Typically platform commissions (Airbnb/Booking), professional management fees, cleaning between stays, utilities, and building HOA or fixed costs. Our net-yield figures are quoted after all of these; if a number you're shown looks unusually high, ask whether it's gross or net — that gap is the single most common source of disappointment in STR projections.
Rental income from a Panama-located property is Panama-source income and is subject to Panama income tax regardless of the owner's nationality or residency — the territorial exemption applies to foreign-source income, not to income generated by a Panama asset. Property owners should confirm current rates and any applicable deductions with a Panamanian accountant before closing.
Local bank financing exists for foreign buyers but is more limited than in the U.S. or Europe — typically lower loan-to-value ratios, higher documentation requirements, and case-by-case underwriting. Most investors in our STR portfolio buy in cash or with financing arranged through their home institution; we can introduce you to Panama-based lenders if local financing is part of your plan.
Per-project ADR, occupancy and net yield ranges, the ATP licensing rule that actually matters, and a live yield calculator. Read it right here, no form to fill first.
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