Apartment for Sale at PH Montecarlo Ocean View, Ocean Reef
Sale · Apartment · Ciudad de Panamá, Panamá, Panama — $1,500,000
- Price: $1,500,000
- Zone: Ciudad de Panamá, Panamá, Panama
- Type: Apartment
- Operation: Sale
- Bedrooms: 2
- Bathrooms: 1
- Area: 189 m²
- Parking: 2
- Reference: DG-4B4D
A 189 m² apartment for sale at PH Montecarlo Ocean View, in Punta Pacífica, Panama City, with two bedrooms, two parking spaces and a storage unit, priced at $1,500,000. Its panoramic view toward the Ocean Reef area, ceramic and marble floors, balcony and service room with laundry area make it a generous and fairly uncommon unit in its category.
Description
Montecarlo | Ocean Reef Islands On Latin America's first man-made residential islands, facing the Pacific coastline of Panama City and just minutes from its financial district, rises Montecarlo: a boutique residence conceived for those who understand that true luxury is privacy. With only 10 apartments, Montecarlo offers an exclusivity reserved for the very few, within a 19-hectare community developed by world-class engineering firms. The apartment: 189 m² 2 bedrooms | 1.5 bathrooms 2 parking spaces Enclosed kitchen Maid's room and bathroom Storage room Views of the Pacific Ocean, the marina and the city skyline You will also enjoy: Rooftop pool with barbecue area Private indoor and outdoor multipurpose areas in every apartment Private terraces overlooking the Pacific Ocean Electric vehicle charging station Covered parking spaces For further information or to arrange a viewing, please do not hesitate to contact us; we will assist you as soon as possible .
Amenities
- Balcony
- Guest bathroom
- En-suite bathroom in master bedroom
- Closets
- Maid's room
- Ceramic / marble flooring
- Panoramic view
- Laundry area
- Storage room
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
- Luxury Apartment for Sale at Ocean Reef Islands — $1,500,000
- Apartment for Sale at Montecarlo, Ocean Reef Islands — $1,280,000
- Penthouse for Sale in Punta Pacifica, PH Toc — $1,260,000
- Apartment for Sale in Punta Pacífica, Ocean Reef Islands — $1,230,000
- Apartment for Sale at Ocean Reef PH Beach Club Residences — $1,200,000
- Penthouse for Sale in Punta Pacífica, PH Aqualina — $1,800,000
Frequently asked questions
How are the 189 m² distributed if the apartment has only two bedrooms?
The floor area goes into generous living and dining space rather than into a higher bedroom count, which is common in units of this type in Punta Pacífica. Beyond the two bedrooms, with the primary one offering an en-suite bathroom and closets, the unit includes an auxiliary bathroom, a service room, a laundry area and a balcony. It is a layout that works well for a buyer who values social areas over the number of rooms. During the visit you can go through the unit plan to confirm room-by-room measurements.
What is included in the $1,500,000 price, and what additional costs should I plan for?
The price covers the 189 m² apartment, two parking spaces and one assigned storage unit. The building's maintenance fee, closing costs and any administrative charges from the PH are handled separately and vary by unit and by how the purchase is structured. DG Group provides those current figures in writing on request, before any offer is presented.
What should I check about the panoramic view before buying?
In Punta Pacífica the view depends on the unit's orientation, its level within the tower and on neighboring lots that could still be developed. It is worth visiting the apartment at different times of day to see how light reaches the balcony and the social areas. It also helps to ask the building administration about the status of the adjoining land. We can arrange the visit at the time that suits you.
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