Construction cost guide · PAB
How much does it cost to build a house in Panama? (2026)
Panama is a mid-cost construction market, at about 52% of United States build costs. Construction here typically runs about $728–$1,352 per m² ($68–$126 per ft²) for a standard-specification home — so the total depends mostly on floor area and finish level. The ranges below are order-of-magnitude benchmarks; for a figure tied to your actual drawings, generate a full measured bill of quantities priced in PAB using the Cómputos Métricos y Presupuesto de Obra standard.
Typical build cost by house size in Panama (2026)
| Home | Floor area | Cost per m² | Estimated construction cost (USD) |
|---|---|---|---|
| Small home · 2-bedroom | ~90 m² (969 ft²) | $728–$1352 | $65,520 – $121,680 |
| Standard family home · 3-bedroom | ~150 m² (1,615 ft²) | $728–$1352 | $109,200 – $202,800 |
| Large home · 4-bedroom | ~240 m² (2,583 ft²) | $728–$1352 | $174,720 – $324,480 |
Order-of-magnitude benchmarks at ~$728–$1,352 per m² ($68–$126 per ft²), construction only (excludes land, fees and site-specific works). For a figure tied to your actual drawings, generate a measured BoQ.
Your house in Panama, priced line by line in PAB.
Cost to build anything else in Panama
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Get a priced bill of quantities for your own house
The figures above are benchmarks for Panama. Tell us how big your build is and get the itemised version — every material and trade measured and priced in PAB, — without needing architectural drawings.
For contractors & quantity surveyors
Tendering in Panama every month?
A one-off bill suits a single project. If you tender regularly, a monthly plan brings the cost of each bill right down, with no card to re-enter each time.