Panama City Office Occupancy Costs — Full Breakdown
Total occupancy cost for Grade A office space in Panama City: $41.46 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Panama City Office Cost Breakdown (USD/sqft/yr)
Rent: $16.4/sqft/yr
Service Charge: $2.3/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $11.47/sqft/yr
Facilities Management: $5.470000000000001/sqft/yr
Utilities: $2.33/sqft/yr
Reinstatement / Dilapidations: $3.25/sqft/yr
Total Occupancy Cost: $41.46/sqft/yr
Panama City Serviced Office Costs
Serviced and flexible office space in Panama City costs between $260.0 and $380.0 per person per month, with a mid-market rate of $344.0 per person per month.
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