Short-Term Rentals · Licensed

STR investing:
the license is the moat.

Licensed city buildings yielding 6–8% net, and countryside markets with no restrictions at all. Verified operator numbers — gross and net, side by side.

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The Legal Line First

In Panama City, the license is the investment.

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.

8%Contractually guaranteed minimum*
45Day minimum without ATP (city)
0Restrictions in the countryside
8–12.6%Operator-projected net range

City: licensed & managed

Our city portfolio splits into two kinds of product, and the difference matters more than the yield number.

Guaranteed minimum

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.

Operator-projected

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.

Model your own net yield

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.

Est. Gross Annual Revenue
Est. Net Annual Income
Net Yield on Price
Cash-on-Cash Return
Match This to a Real Unit →

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.

Countryside: pre-built or build-yourself

Pre-built

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.

Build-yourself

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.

Altos de María Exclusive · Off-Market

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 →

Valle de Antón — pre-built STR investment in detail →

The owner journey, licensed and managed.

From the numbers to the first payout — licensed, furnished, and managed.

I
Model

Gross vs. net, per unit, per scenario — before you commit.

II
License

ATP permit verified on paper (city) or confirmed exempt (countryside).

III
Acquire

Purchase managed through notary and registry.

IV
Furnish

Rental-grade turnkey packages, installed and photographed.

V
Operate

Professional management: pricing, guests, maintenance.

VI
Payout

Monthly net to your account, with real reporting.

The Dossier · Short-Term Rentals

The STR Yield Dossier — 2026.

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.

Read the STR Dossier →

Prefer a PDF? Email us and we'll send it.

Request the fact sheet for any STR project.

STR investment inquiry

A person replies — no automated sequences. If it makes sense, we set up a discovery call.

✓ Received. Have questions? Message us and we'll set up a discovery call.