Panama City to Madrid

1 ways to travelfastest 12h 25mfly from €434
Photo: Florian Wehde / Unsplash

How the cheapest fare moved

Jul 27: €471 €471 Jul 20 Jul 27 low €434 · high €583

Departure-day prices · July 2026 Panama City → Madrid

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Return-day prices · July 2026 Madrid → Panama City

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28€77129€78530€79431€771

Cheapest days highlighted · darker = pricier · past days greyed out · cached one-way fares.

Best time to visit Madrid — climate

Jan: ~11°C daytime, 10 rainy days 11° JanFeb: ~14°C daytime, 5 rainy days 14° FebMar: ~13°C daytime, 22 rainy days 13° MarApr: ~18°C daytime, 14 rainy days 18° AprMay: ~23°C daytime, 10 rainy days 23° MayJun: ~34°C daytime, 3 rainy days 34° JunJul: ~34°C daytime, 0 rainy days 34° JulAug: ~35°C daytime, 1 rainy days 35° AugSep: ~28°C daytime, 1 rainy days 28° SepOct: ~23°C daytime, 3 rainy days 23° OctNov: ~14°C daytime, 7 rainy days 14° NovDec: ~10°C daytime, 7 rainy days 10° Dec

Best value: Aug — fares from €434 and ~35°C daytime.

Flights from Panama City to Madrid start around €434 (typically 2 stops). Range seen recently: €434–512, based on 4 fares found by travellers.

Fly (from €434)
12h 25mduration
€434–512recent fares
Book
Cheapest cached fares Panama City → Madrid; typically 2 stops (e.g. AV). · Based on 4 fares found by travellers in the last 48h

Cheapest round trips to Madrid

Fares found by travellers in the last 48 hours — refreshed daily.

Mar 17 – Mar 25 United Airlines · 2 stops · 15h 01m €668 Book
Oct 5 – Oct 29 United Airlines · 1 stop · 12h 59m €701 Book
Jan 18 – Jan 31 United Airlines · 1 stop · 12h 48m €743 Book
Nov 2 – Nov 7 Turkish Airlines · 1 stop · 17h 25m €848 Book
Oct 30 – Nov 5 Copa Airlines · 2 stops · 14h 04m €907 Book
Oct 30 – Nov 4 Copa Airlines · 1 stop · 11h 14m €908 Book

Weather in Madrid

Mon ☀️ 34° 19° 💧0%
Tue 🌤️ 37° 21° 💧0%
Wed 🌤️ 38° 23° 💧0%
Thu 🌤️ 38° 24° 💧0%
Fri ☁️ 37° 25° 💧0%
Sat ☁️ 37° 24° 💧3%
Sun ☀️ 37° 23° 💧3%

In Jul, Madrid typically sees ~34°C daytime highs and 0 rainy days.

Where to stay in Madrid

3★+ hotels from €49/night (40 hotels sampled, ~3 weeks out).

Zleep Madrid Airport hotel · Madrid
from €49/night★ 3
Ilunion Alcalá Norte hotel · Madrid
from €66/night★ 4
Ilunion Suites Madrid hotel · Madrid
from €68/night★ 4

Good to know

CurrencyEuro (€)
Power plugsType C/F
BorderSchengen — no passport control from Schengen countries
Time difference+7h
Time in the air11h 14m

Things to do in Madrid

Top-rated tours and tickets from €3 — book ahead for the popular ones.

Tours and tickets provided by Viator (a Tripadvisor company). Some links earn Stayonomy a commission.

About Madrid

Madrid is Spain's capital and largest city. A city that has been marked by Spain's varied and tumultuous history, Madrid has some of Europe's most impressive cultural and architectural heritage, which includes grand avenues, plazas, buildings and monuments, world-class art galleries and museums, highly popular football teams, and cultural events of international fame for everyone.

Read the full Madrid guide

Guide content from Wikivoyage contributors (CC BY-SA).

Round out the trip

Popular from Panama City

Cheapest destinations travellers searched recently — refreshed daily.

Flight prices are real fares travellers found in the last 48 hours, refreshed daily — the booking site confirms the final price. Train, bus and ferry fares are shown on the operators' booking sites. Weather data by Open-Meteo; exchange rates: ECB reference. Data updated 2026-07-27. Some links earn Stayonomy a commission at no cost to you.