My good friend Richard Detrich recently wrote an excellent blog about the variety of prices in houses for SALE near Bouqete Panama. SEE DETAILS HERE If you drive about 20 minutes from Boquete, you can find homes prices as low as $35,000 – $50,000….and up. But anything close to Boquete will be $100,000 and UP. There are even houses in the million dollar range.
Don’t be too eager to buy. On the Panama Relocation Tours I recommend that you RENT for at least 6-12 months before you make a buying decision. This gives you plenty of time to determine if Panama is really right for you. It’s a lot easier to get out of a rental contract than it is to sell a house in Panama.
Renting also gives you time to check out many different areas to determine which area you like best. I know people who thought they wanted to be in one side of Boquete but later discovered it gets more rain and less sunshine. After their 6 month rental contract was up, they moved to the other side of Boquete where they could experience much more sunshine. It’s a good thing they didn’t buy on the other side!
Panama, like many areas in the United States and Canada has a very low rental rate compared to the house value. That’s good news for those looking for a house to rent. Not so good news for landlords.
Since renting is so affordable, many people decide to NOT buy.
The closer you are to downtown Boquete, the more you’ll pay for rent. If you are in a gated community, you’ll pay a premium for rent there too. Living in a Panamanian style neighborhood will always be the most affordable.
Here are some samples of houses for rent near Boquete. These listings all came from Craigslist.com Panama or http://boquete.ning.com/group/rental Your BEST deals are always from the owner directly. If there is a property manager or real estate agent involved, you’ll pay more.
$125 per month
House 2bedroom, one with private entrance. 2000 sq meter property bordering a farm in quiet safe neighborhood. Going back to States till first of December, looking for someone who likes plants. Room for dog too. Bathroom facilities are a little primitive.
$385 per month Furnished
Private gated home in Valle Algarrobos. Internet and Direct TV hookup. Water paid for. Next to main highway to David and all other communities. Drive thirty-five minutes to Las Olas Beach Resort.
$580 per month 4 Br Gorgeous Mini-Finca Gardner’s Paradise
Great property for this price – Looking especially for a couple who will take great care of the property in exchange for the cheaper rental!!!
Year Built: 2002 but recently completely renovated, top to bottom
Bedrooms: 4 Bathrooms: 3 full (just over an acre of land)
$600 per month Furnished
Excellent, safe location in Boquete. 3 bedroom/1 bath house. Kitchen furnished with full size stove and refrigerator. Washing machine.
The house is located in Los Naranjos neighborhood. Only 10 minute walk to town.
$650 per month Furnished
Attractively furnished, 1 mile from downtown, 2nd floor, 1 of 4 apartments in an adult building, recent construction, view of Baru volcano, supermarket across the road. Buses and taxi’s outside the door, no vehicle necessary. WIFI included. 2 queen size beds with quality mattresses, master bedroom has on-suite bathroom with bathtub. Vaulted ceilings, lots of light. Kitchen has 30″ gas range with oven, dishwasher, micro-wave, toaster, coffee maker. Coin washer/dryer on 1st floor.
$1050 per month Furnished
the house is fully equipped and furnished 3 bedrooms ( two of them with an outstanding view ) , 2 baths, 1 powder room, 1 living , 1 dining or large art studio, high speed internet, sky TV, huge panorama patio with ocean plus dining and sitting area, mexican tile styled kitchen with large breakfast counter, pet friendly, walled and fenced property on beautifully maintained gardens . 7.min. car drive away from town.
$2000 per month GATED COMMUNITY Valle Escondido
Spacious (3100 Sq. Ft.) and richly appointed split-level 3 bedroom, 2.5 bath Villa in the gated community of Valle Escondido, with 24 hour security and onsite maintenance services. The Villa is located just minutes from downtown Boquete, and is within walking distance of the community amenities. This completely furnished home is fully equipped with quality linens, furniture, beds, kitchen appliances, cutlery, glassware, dishware, silverware, pots/pans, and electronics (Cisco/Linksys dual-band router, HP color printer/fax/ copier, 2 – 21” flat panel computer monitors, 2 sets – Bose computer speakers, flat panel TV’s, DVD player, stereo system, and wireless telephone system). Simply bring your clothes, laptops, and I-pads and start living in the lush highlands and coffee region of northern Panama. An area often referred to as the “land of perpetual spring.”