
Find Cheap Flights from Madrid (MAD) to Panama City (PTY) from €541
Many airlines offer flexible change policies
Earn BONUS+ rewards on top of your airline points
Enjoy exclusive promotions on the ebookers app!
Selected flight deals from Madrid to Panama City
The lowest prices found within the past 7 days from Madrid to Panama City were €295 for one-way flights and €541 for return flights, for the period specified. Prices and availability are subject to change. Additional terms apply.
MAD
Adolfo Suárez Madrid-Barajas
PTY
Tocumen Intl.
€541 Return, found 3 days ago
€541
Return
found 3 days ago
MAD
Adolfo Suárez Madrid-Barajas
PTY
Tocumen Intl.
€561 Return, found 3 days ago
€561
Return
found 3 days ago
MAD
Adolfo Suárez Madrid-Barajas
PTY
Tocumen Intl.
€569 Return, found 3 days ago
€569
Return
found 3 days ago
MAD
Adolfo Suárez Madrid-Barajas
PTY
Tocumen Intl.
€572 Return, found 3 days ago
€572
Return
found 3 days ago
MAD
Adolfo Suárez Madrid-Barajas
PTY
Tocumen Intl.
€576 Return, found 3 days ago
€576
Return
found 3 days ago
Origin airport IATA code | MAD |
Destination airport IATA code | PTY |
Number of flight options | 1 |
Return price | €540 |
Average flight time | 3 hours 37 mins |
Panama City Flight Information
Traveling From | Madrid |
---|---|
Origin Airport IATA Code | MAD |
Traveling To | Panama City |
Destination Airport IATA Code | PTY |
Number of Airlines Serving | |
Available Airlines | Iberia, Air Europa, avianca, Air France, KLM, United |
Distance | |
Direct Flight Time | |
Flight Price | €541 |
Need a car after flight from Madrid to Panama City
Economy
Chevrolet Spark or similar

Compact
Ford Focus or similar

Midsize
Toyota Corolla or similar

SUV
Jeep Compass or similar

Place to stay after flight from Madrid to Panama City

Hotel Riu Plaza Panama
Calle 50, Urb. Marbella, Panama City, Panama
Yövy tässä 5 tähden ylellisessä hotellissa kohteessa Panamá. Nauti ilmaisesta aamiaisesta, ilmaisesta Wi-Fi-yhteydestä ja 3 ravintolasta. Asiakkaamme kehuvat ...
9/10 Wonderful! (4,309 reviews)
"Possibly one of the best hotel experiences I've ever encountered. I recently got knee surgery and was using a walker or crutches and every staff at this hotel went out of their way to be accommodating. It was almost embarrassingly too much, if that is even possible. Besides that, hotel was in a decent ..."
Reviewed on 22 Sept 2025

Waymore Hotel Spa & Casino
Calle Augusto Samuel Boyd y Calle Eusebi, Panama City
Yövy tässä 4 tähden kylpylälomalle soveltuvassa aamiaismajoituksessa kohteessa Panamá. Nauti ilmaisesta aamiaisesta, ilmaisesta Wi-Fi-yhteydestä ja ilmaisesta ...
9/10 Wonderful! (491 reviews)
"I was impressed with the remodeled rooms. Very slick and comfortable. The front desk person had a long line when I checked in, so stood in line for quite a while. Could use an extra person on the desk at busy times."
Reviewed on 19 Sept 2025

Megapolis Hotel Panamá
Avenida Balboa, Panama City
Yövy tässä 4,5 tähden ylellisessä hotellissa kohteessa Panamá. Nauti ilmaisesta aamiaisesta, ilmaisesta Wi-Fi-yhteydestä ja ilmaisesta pysäköinnistä. Asiakkaamme ...
8.2/10 Very Good! (1,090 reviews)
"It was a good experience overall."
Reviewed on 22 Sept 2025
Save an average of 15% on thousands of hotels when you're signed in

The Executive Hotel
Calle 52, Aquilino de La Guardia, Panama City, Panama
Yövy tässä 3,5 tähden liikematkustukseen soveltuvassa hotellissa kohteessa Panamá. Nauti ilmaisesta aamiaisesta, ilmaisesta Wi-Fi-yhteydestä ja ilmaisesta pysäköinnistä. ...
9/10 Wonderful! (1,015 reviews)
"The place was really nice and the staff was friendly"
Reviewed on 21 Sept 2025

Principe Hotel and Suites
Via Argentina, Panama City, Panama
Yövy tässä 3 tähden liikematkustukseen soveltuvassa hotellissa kohteessa Panamá. Nauti ilmaisesta Wi-Fi-yhteydestä, ilmaisesta pysäköinnistä ja huonepalvelusta. ...
8.8/10 Excellent! (1,486 reviews)
"The only problem is that the shower doesn't drain the water well, and the sink doesn't drain properly."
Reviewed on 18 Sept 2025

Studio Coliving
Av. Ricardo Arango y, Av. Federico Boyd, Panama City, Panama
Yövy tässä 4,5 tähden ylellisessä hotellissa kohteessa Panamá. Nauti ilmaisesta Wi-Fi-yhteydestä, aamiaisesta (lisämaksusta) ja ympäri vuorokauden auki olevasta ...
7.8/10 Good! (499 reviews)
"I liked that the staff were kind. My only issue is that we has to request houae keeping 24 hours in advance. This could have been shared with ua upon arrival."
Reviewed on 21 Sept 2025
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
Madrid Airports
Panama City Airports
Other Flights to Panama City
Other Flights from Madrid
Top Trending
Top Trending
Flights
- Flights from Vienna to Marbella
- Flights from Helsinki to Burgos
- Flights from Helsinki to Girona
- Flights from Helsinki to Mallorca Island
- Flights from Vaasa to Gran Canaria
- Flights from Helsinki to Málaga
- Flights from Helsinki to Alicante
- Flights from Helsinki to Gran Canaria
- Flights from Helsinki to Las Palmas de Gran Canaria
- Flights from Helsinki to Fuengirola
- Flights from Tallinn to Tenerife
- Flights from Helsinki to La Palma
- Flights from Barcelona to Banjul
- Flights from Budapest to Marbella
- Flights from Tampere to Málaga
- Flights from Helsinki to Marbella
- Flights from Helsinki to Benidorm
- Flights from Tallinn to Las Palmas de Gran Canaria
- Flights from Helsinki to Jerez de la Frontera
- Flights from Tenerife to Helsinki
- Flights from Málaga to Helsinki
- Flights from Helsinki to Barcelona
- Flights from Helsinki to Tenerife
- Flights from Helsinki to Fuerteventura
- Flights from Helsinki to Lanzarote
- Flights from Helsinki to Sitges
- Flights from Málaga to Tenerife
- Flights from Helsinki to Seville
- Flights from Helsinki to La Gomera
- Flights from Stockholm to Málaga
Terms & Conditions
Flight prices above are per person all prepaid taxes and online service fees included and subject to availability