Inter IKEA Systems B.V., the owner of the IKEA concept and global franchisor, has officially signed franchise agreements with Sarton Group to launch IKEA operations in Panama and Costa Rica. While the exact opening dates have yet to be announced, the rollout is expected between late 2025 and 2026.
Sarton Group, which already manages successful IKEA stores in Puerto Rico and the Dominican Republic, now holds exclusive rights to expand the brand into Panama – a move that signals growing confidence in the region’s housing and consumer markets.
Big News for Expats and Property Buyers
For expats relocating to Panama, particularly in popular destinations like Boquete or Panama City, this expansion promises major convenience. IKEA’s affordable, ready-to-assemble furniture and home accessories are ideal for newcomers needing to furnish an entire home without hopping between multiple stores.
Whether you’re purchasing a retirement home, setting up a rental property, or just starting fresh, the ability to furnish a home in one place – with stylish, modern designs and consistent pricing – could save time, money, and hassle.
Why This Matters in Real Estate
This announcement adds another layer of appeal to Panama’s real estate landscape. Communities such as Coronado and Costa del Este that attract international buyers stand to benefit from IKEA’s presence. It enhances the buyer experience, especially for turnkey or rental-ready properties.
As Tony Tavira, Retail Manager at Sarton Group, stated, their experience in the Americas equips them to deliver solutions that meet local needs and tastes. And for property owners, that means furnishing a home that feels move-in ready – with minimal effort.
Where to Shop for Furniture in Panama (Until IKEA Opens)
Here are some of the most popular current options:
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Ashley Furniture HomeStore
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Aliss
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Kennedy Home Center
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Furniture City
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Steven’s
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Do It Center
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Novey
Need a Home to Furnish?
Casa Solution helps expats and homebuyers find the perfect property in Panama. From beach homes to mountain retreats, we’ll guide you every step of the way – and soon, IKEA will make settling in even easier.
Date: August 8, 2025
