Structural scarcity
A closed inventory of private-island lots: supply cannot grow, which historically protects value against the rest of the city.
Ultra-exclusive area · Panama City
Ocean Reef Islands: property on Panama's only private islands
Two private islands built in front of the Panama City skyline. Oceanfront lots, architect-designed residences, a private marina and 24/7 controlled access — five minutes from Punta Pacífica.
- 2 private islands
- 24/7 security and controlled access
- 5 min from Punta Pacífica
- 360° Pacific and skyline views
The most exclusive residential address in the country
Ocean Reef Islands is the only man-made private island development in Latin America: two islands reclaimed from the Bay of Panama, connected to the city by a private access-controlled causeway. Buying here is buying real scarcity — the number of lots is finite and there will be no second phase.
The development mixes oceanfront single-family lots, residences by recognized architects and low-density boutique buildings. All utilities run underground, the streets are private, and the marina lets you leave for the Pacific straight from the island. For international buyers it is the most direct way to own on Panama's Pacific coast while staying minutes from the financial district, top hospitals and the airport.
DG Group Real Estate guides buyers from the United States, Canada and Europe through Ocean Reef: honest valuation of each lot or residence, closed comparables, legal due diligence and negotiation. You speak directly with the owner of the agency, from the first message to signing.
Why Ocean Reef is unlike anything else in Panama
Private marina
Berths inside the development, with immediate access to the Pacific, Las Perlas and Taboga without leaving the city.
Resort-level security
A single 24/7 controlled entrance, perimeter surveillance and a genuinely gated community — not just a tower with a guardhouse.
A location that cannot be replicated
Skyline and ocean views at once, five minutes from Punta Pacífica and Multiplaza.
Underground infrastructure
Buried utilities, private streets and full landscaping: the aesthetics of a community planned from zero.
International owner profile
A neighborhood of foreign owners and top-tier Panamanian families, with strong resale and premium rental demand.
Pricing and property types at Ocean Reef Islands
Indicative market ranges to orient your search. Every property is valued individually based on island, water frontage, orientation and finish level.
| Oceanfront lots (build to suit) | From ~US$1.5M |
|---|---|
| Interior / second-line lots | From ~US$900K |
| Completed residences | US$3M – US$12M+ |
| Boutique island apartments | US$900K – US$3M |
| Luxury residence rental | From ~US$8K / month |
Reference values subject to availability. Ask us for the closed-comparables list before making an offer.
Life at Ocean Reef
- Leaving from the private marina on a Saturday morning
- Clubhouse, gym, pools and oceanfront social areas
- Walking and cycling inside the island, with no traffic
- International schools and top hospitals 10 minutes away
- Punta Pacífica, Marbella and Casco Viejo dining a short drive away
- Tocumen International Airport in about 30 minutes
Properties in Ocean Reef Islands, Panamá
- Sale of Apartment Ocean Reef PH Montecarlo Ocean View — $2,400,000
- Sale of Apartment in Punta Pacífica Ocean Reef Islands — $1,050,000
- Sale of Apartment in PH Montecarlo Ocean View Ocean Reef — $3,520,000
- Sale of Apartment in Ocean Reef Islands Montecarlo — $1,280,000
- Rent of Apartment in Punta Pacífica Ocean Reef Islands — $7,800
- Penthouse for Sale in Ocean Reef Islands — $4,200,000
- Sale o Rent of Apartment in Ocean Reef Islands — $4,100,000
- Sale of Penthouse Ocean Reef Islands PH Ocean Pearl — $4,200,000
- Rent of Apartment in Punta Pacífica in Ocean Reef Island — $1,500,000
- Sale of Apartment in Punta Pacífica Ocean Reef Islands — $1,230,000
- Sale of Apartment in Ocean Reef PH Beach Club Residences — $1,200,000
- Rent of Apartment in Ocean Reef Islands — $17,500
- Rent of Apartment in Punta Pacífica in Ocean Reef Island — $6,000
- Sale of Apartment in PH Montecarlo Ocean View Ocean Reef — $1,500,000
- Rent of Apartment in Punta Pacífica in Ocean Reef Island — $5,500
- Sale of Apartment of lujo in Ocean Reef Islands — $1,500,000
- Rent of Apartment in Punta Pacífica Ocean Reef Islands — $6,000
Frequently asked questions about Ocean Reef Islands
Can a foreigner buy at Ocean Reef Islands?
Yes. Panama allows foreigners to buy in their own name or through a company, with the same ownership rights as a Panamanian. We coordinate the attorney, due diligence and notarized closing.
Can I buy a lot now and build later?
Yes. Most of Ocean Reef's value sits in oceanfront lots built to suit under the development's architectural guidelines. We introduce architects and builders with delivered work on the island.
What does the HOA fee include?
24/7 security, street and common-area maintenance, landscaping and development administration. The exact amount depends on property type and size; we send you the current schedule.
Is it a good rental investment?
Ocean Reef works best as a wealth asset and premium long-stay rental for executives and expat families, rather than a high-turnover vacation rental.
How do I start?
Send us your budget and travel dates. We prepare a real shortlist of available properties, group the showings into a single day and hand you comparables before you negotiate.
See the current Ocean Reef inventory
We run a site dedicated exclusively to Ocean Reef Islands, with properties, pricing and live availability.
Go to the Ocean Reef site Talk to DG Group