What's the overall cost of living in the Panama City, Panama area of Marbella?
RICH Novak - RE/MAX Beaches & City! INC.
My wife & I and our Calico cat have lived in the Marbella neighborhood of Panama City, Panama, for more than 6 years. At one time the cost of living in Panama was much less than the cost of living of North America, but that it is no more. Some of the things that do cost less than the US are my monthly condo maintenance fee of $180.00 and my annual repeat annual real estate property taxes are $41.07 - NO TYPO!
My wife & I and our Calico cat have lived in the Marbella neighborhood of Panama City, Panama, for more than 6 years. At one time the cost of living in Panama was much less than the cost of living of North America, but that it is no more. Some of the things that do cost less than the US are my monthly condo maintenance fee of $180.00 and my annual repeat annual real estate property taxes are $41.07 - NO TYPO!
Posted April 27, 2013
David Dabah - Geneva Realty & Services
Marbella is a very nice and well situated neighborhood in Panama City.
The cost of living will vary drastically depending on your standards, but to provide an example of where your costs can start, based on my experience, here's what you'll find:
- Two bedroom apartment rental: $900 (non-furnished), $1,200 (furnished)
- Electric bill: $80
- Phone, Internet, and TV: $65
So the main expenses if you...
Marbella is a very nice and well situated neighborhood in Panama City.
The cost of living will vary drastically depending on your standards, but to provide an example of where your costs can start, based on my experience, here's what you'll find:
- Two bedroom apartment rental: $900 (non-furnished), $1,200 (furnished)
- Electric bill: $80
- Phone, Internet, and TV: $65
So the main expenses if you rent range from $1,045, to $1,345.
This is the basic and starting point. As I mentioned above, in the Marbella neighborhood of Panama City you will find apartments up to and over $5,000 for monthly rent; it will all depend on your standards.
Posted December 11, 2013