Panama vs Turkey
Housing Market Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Panama vs Turkey
Turkey is 25% more affordable. Mortgage rates: Panama 6.5% vs Turkey 42.0%.
| Metric | Panama | Turkey |
|---|---|---|
| Avg Home Price | $160,000 | $120,000 |
| Price / sqm | $2,200 | $1,800 |
| Avg Rent (1BR) | $700/mo | $400/mo |
| Mortgage Rate | 6.5% | 42.0% |
| Homeownership | 75.0% | 59.0% |
| 1yr Change | +2.5% | +30.0% |
Top Cities in Panama
Top Cities in Turkey
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is Panama or Turkey cheaper for housing?
Turkey has more affordable housing, with prices 25% lower.
Which has lower mortgage rates?
Panama has lower mortgage rates at 6.5%.
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