How the cheapest fare moved
Oct 4: €489
€489
Sep 29
Oct 4
low €472 · high €575
Departure-day prices · October 2026 Panama City → Madrid
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Cheapest days highlighted · darker = pricier · past days greyed out · cached one-way fares.
Return-day prices · October 2026 Madrid → Panama City
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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°
Jan Feb: ~14°C daytime, 5 rainy days
14°
Feb Mar: ~13°C daytime, 22 rainy days
13°
Mar Apr: ~18°C daytime, 14 rainy days
18°
Apr May: ~23°C daytime, 10 rainy days
23°
May Jun: ~34°C daytime, 3 rainy days
34°
Jun Jul: ~34°C daytime, 0 rainy days
34°
Jul Aug: ~35°C daytime, 1 rainy days
35°
Aug Sep: ~28°C daytime, 1 rainy days
28°
Sep Oct: ~23°C daytime, 3 rainy days
23°
Oct Nov: ~14°C daytime, 7 rainy days
14°
Nov Dec: ~10°C daytime, 7 rainy days
10°
Dec Best value: Oct — fares from €488 and ~23°C daytime.
Flights from Panama City to Madrid start around €472 (direct flights available). Range seen recently: €472–488, based on 3 fares found by travellers.
Fly (from €472)
9h 35m duration
€472–488 recent fares
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Cheapest cached fares Panama City → Madrid; direct flights available (e.g. UX). · Based on 3 fares found by travellers in the last 48h
Cheapest round trips to Madrid Fares found by travellers in the last 48 hours — refreshed daily.
Dec 17 – Jan 7
avianca airlines · 1 stop · 11h 15m
€726
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Dec 27 – Jan 3
avianca airlines · 1 stop · 11h 10m
€861
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Nov 20 – Dec 12
Iberia · Direct · 10h 05m
€866
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Dec 10 – Dec 26
avianca airlines · 1 stop · 11h 15m
€904
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Dec 15 – Jan 2
avianca airlines · 1 stop · 11h 15m
€914
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Dec 27 – Jan 10
avianca airlines · 1 stop · 11h 10m
€914
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Dec 26 – Jan 9
avianca airlines · 1 stop · 11h 15m
€946
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Dec 17 – Jan 2
avianca airlines · 1 stop · 11h 15m
€961
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Weather in Madrid
Sun
⛈️
20°
16°
💧75%
Mon
⛈️
20°
16°
💧78%
Tue
⛈️
20°
16°
💧73%
Wed
🌧️
21°
15°
💧48%
Thu
🌤️
20°
14°
💧16%
Fri
🌤️
19°
10°
💧0%
Sat
☁️
20°
11°
💧0%
In Oct, Madrid typically sees ~23°C daytime highs and 3 rainy days.
Where to stay in Madrid 3★+ hotels from €199/night (27 hotels sampled, ~3 weeks out).
Zleep Madrid Airport
hotel · Madrid
from €199/night ★ 3
Principe Pio
hotel · Madrid
from €373/night ★ 3
Ilunion Pio XII
hotel · Madrid
from €384/night ★ 4
Good to know Currency Euro (€)
Power plugs Type C/F
Border Schengen — no passport control from Schengen countries
Time difference +7h
Time in the air 10h 05m
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).
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 2026-10-04. Some links earn Stayonomy a commission at no cost to you.