Apartment for Sale in Punta Pacífica, Ocean Reef Islands
Sale · Apartment · Ciudad de Panamá, Panamá, Panama — $1,230,000
- Price: $1,230,000
- Zone: Ciudad de Panamá, Panamá, Panama
- Type: Apartment
- Operation: Sale
- Bedrooms: 2
- Bathrooms: 2
- Area: 169 m²
- Parking: 2
- Reference: DG-B4A2
A luxury apartment for sale on Ocean Reef Islands in Punta Pacífica, offering 169 m², 2 bedrooms, 2 bathrooms and 2 parking spaces at $1,230,000. Panoramic views, a balcony, a fitted kitchen and a service room, inside a development with a gatehouse, gym, sauna and jacuzzi, make this one worth seeing in person.
Description
Luxury apartment for sale in Punta Pacífica, Ocean Reef Islands. Discover a one-of-a-kind lifestyle in the authentic city of Panama. Beautiful apartment in PH The Palms, featuring spacious bedrooms, elegant finishes and a terrace from which to enjoy stunning views of the Pacific Ocean. It offers excellent amenities, including a marina for yacht arrivals and departures. This apartment features: 169 mt2 2 Bedrooms 2 Bathrooms Powder room Terrace Walk-in closet Maid's room and bathroom You will also enjoy: 24-hour security 2 Swimming pools Gym Private beach with 120 m of sand The Lookout for yoga Massage room Sauna Games room Chef’s table and outdoor kitchen Cabanas Oceanfront decks Power generator Water reserve tank For more information or to schedule a viewing, please do not hesitate to contact us; we will assist you as soon as possible.
Amenities
- Balcony
- Powder room
- En-suite bathroom in master bedroom
- Intercom
- Closets
- Fitted kitchen
- Maid's room
- Ceramic / marble flooring
- Panoramic view
- Laundry area
- Luxury property
- Jacuzzi
- Sauna
- Paved access
- Social area
- Elevator
- Shopping centers
- Garage
- Gatehouse
- Gym
- Visitor parking
- Power generator
- Concierge / reception
- Children's area
- Residential area
- Sports areas
- Green areas
- Card or device access
- Wheelchair access
- Tourist areas
- Parking bays
- Tennis court
- Medical center
- Close to restaurants
- Closed-circuit TV
- Beaches
- Community room
- Water tanks
- Terrace
- Commercial area
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
- Apartment for Sale at Ocean Reef PH Beach Club Residences — $1,200,000
- Penthouse for Sale in Punta Pacifica, PH Toc — $1,260,000
- Apartment for Sale at Montecarlo, Ocean Reef Islands — $1,280,000
- Apartment for Sale in Punta Pacífica, Ocean Reef Islands — $1,050,000
- 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 169 m² divided between the two bedrooms and the living areas?
The apartment has 2 bedrooms and 2 bathrooms, with an en-suite bathroom in the primary bedroom and an auxiliary bathroom for guests. Beyond that, there is a fitted kitchen, a laundry area and a separate service room, which keeps domestic functions out of the social area. The balcony extends the living room toward the panoramic view, and we can send you the dimensioned floor plan with the measurements of each space.
What does living on Ocean Reef Islands mean compared with the rest of Punta Pacífica?
This is a development on private islands off Punta Pacífica, with a gatehouse and paved access, which gives a different level of entry control than a tower directly on an avenue. At the same time, it remains within the Punta Pacífica sector, with shopping centers and services in the immediate surroundings. It tends to appeal to buyers who want privacy and sea views without moving away from the city's banking and financial area.
What is included in the purchase, and which additional costs should I plan for?
The purchase includes the 2 parking spaces and use of the building's common areas: social area, gym, sauna, jacuzzi, elevator and intercom. The unit has closets, a fitted kitchen and ceramic or marble flooring; furniture and appliances are confirmed in writing in the offer. The exact monthly maintenance amount and an estimate of closing costs are provided in writing on request, together with the current statement from the administration.
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