Penthouse for Sale in Ocean Reef Islands

Description

Penthouse for Sale in Ocean Reef Islands This apartment features a design where every detail is harmonized with the surroundings and the Ocean Reef lifestyle. With spacious, bright, and perfectly ventilated areas, oversized terraces, and spectacular views of the Pacific Ocean and the city, its luxury finishes create the perfect environment to enjoy a full and exclusive life. The apartment offers 408 m² of living space, 3 bedrooms, 3.5 bathrooms, a maid’s room with bathroom, walk-in closet, a family den, 2 large terraces, and 4 parking spaces. You’ll also enjoy 24-hour security, a swimming pool, jacuzzi, sauna, Turkish bath, event room, children’s playroom, outdoor kitchen, gym, massage room, sports court, and 3 emergency staircases. For more information or to schedule a visit, feel free to contact us. We will be happy to assist you as soon as possible.

Amenities

• Air conditioning
• Balcony
• Guest bathroom
• En-suite bathroom in master bedroom
• Water heater
• Closets
• Ceramic / marble flooring
• Panoramic view
• Laundry area
• Fitted kitchen
• Jacuzzi
• Sauna
• Turkish bath
• Paved access
• Social area
• Tourist areas
• Elevator
• Garage
• Gatehouse
• Gym
• Visitor parking
• Nearby parks
• Swimming pool
• Power generator
• Terrace
• Security
• Commercial area
• Children's area
• Residential area
• Sports areas
• Green areas
• Soccer field

Gallery

The area: Punta Pacífica

Punta Pacífica sits on reclaimed land along Panama City's Pacific waterfront, within the San Francisco district and next to Punta Paitilla. It is a purpose-built, high-density residential area of bayfront towers, wide avenues and a mix of offices, medical facilities and retail at street level. The neighbourhood connects to the rest of the capital through Vía Israel and Avenida Balboa, and to the Corredor Sur, the toll road linking the city with the international airport and Costa del Este.

For buyers, Punta Pacífica means modern construction, ocean and skyline views, and the amenity levels expected in newer towers, from concierge service to pools and gyms. It draws executives, professionals, retirees and international investors who want a walkable, well-serviced address close to the banking area. Inventory is almost entirely apartments, from compact units to large floor plans and penthouses, which supports both long-term rental demand and resale liquidity.

Similar properties

• Penthouse for Sale at Ocean Reef Islands, PH Ocean Pearl — $4,200,000
• Apartment for Sale at PH Montecarlo Ocean View, Ocean Reef — $3,520,000
• Ocean Reef PH Montecarlo Ocean View Apartment for Sale — $2,400,000
• Penthouse for Sale in Punta Pacífica, PH Aqualina — $1,800,000
• Apartment for Sale at PH Montecarlo Ocean View, Ocean Reef — $1,500,000
• Luxury Apartment for Sale at Ocean Reef Islands — $1,500,000

Frequently asked questions

How are the 408 m² distributed across the three bedrooms?

The total 408 m² is divided among three bedrooms and three bathrooms, including an en-suite bathroom in the principal bedroom and a separate guest bathroom. The bedrooms have built-in closets, and the unit includes its own laundry area and a fitted kitchen, with the balcony opening off the social areas. We can send you the dimensioned floor plan for the level so you can check room-by-room measurements before viewing.

What does living on Ocean Reef Islands within Punta Pacífica actually mean?

Ocean Reef Islands is a development built on man-made islands off Punta Pacífica, with paved access and a gatehouse, which means entry to the complex is controlled. Because it sits within the urban area of Punta Pacífica, it stays close to city life without being on the avenue itself. The penthouse's panoramic view is a direct result of that position facing the water.

Which building amenities are included, and what is the maintenance fee?

The complex offers a gym, social area, elevator, garage and gatehouse entry, while the unit itself adds a private jacuzzi, sauna and steam room. The exact maintenance fee, the building regulations and a breakdown of what the fee covers are provided in writing on request. We also suggest reviewing the administration's recent minutes before signing.

Can a foreigner buy property in Panama?

Yes. Panamanian law grants foreigners the same ownership rights as nationals, with no residency requirement and no local partner. Specific restrictions apply to land near the borders. We guide you through every step of the process.

What costs should I expect beyond the price?

In addition to the purchase price, you should budget for transfer tax, notary fees, registration with the Public Registry, and legal fees. We provide the exact breakdown for this property before you sign the purchase promise.

Your advisor

DG Group Real Estate — licensed brokers in Panama City. We guide you from the first viewing through to registration with the Public Registry. +507 6528-6434