Ocean Reef PH Montecarlo Ocean View Apartment for Sale
Sale · Apartment · Ciudad de Panamá, Panamá, Panama — $2,400,000
- Price: $2,400,000
- Zone: Ciudad de Panamá, Panamá, Panama
- Type: Apartment
- Operation: Sale
- Bedrooms: 3
- Bathrooms: 2
- Area: 377 m²
- Parking: 2
- Reference: DG-91E1
A 377-square-metre high-floor apartment for sale at Ocean Reef, in the Punta Pacífica district of Panama City, with three bedrooms, two bathrooms and two parking spaces. Offered at $2,400,000, it pairs panoramic ocean views from the balcony with ceramic and marble finishes, a fitted kitchen and access to a pool, gym and social area with grill inside a gated complex with a guardhouse.
Description
Montecarlo is a luxury residential building located within the exclusive community of Ocean Reef Islands, the first man-made islands in Latin America, set off the Pacific coast of Panama City and just steps from the city's business district. Ocean Reef Islands is made up of 2 private islands spanning a total of 19 hectares, each phase built by the world's most prominent engineering firms. It is a project conceived for those clients who seek and enjoy their privacy, with only 10 apartments, while still enjoying everything the Ocean Reef Islands community has to offer. This apartment features: 377 MT2 3 Bedrooms 3 Bathrooms 3 Parking spaces Maid's room and bathroom Views of the Pacific Ocean, the Marina and the Sky Line Parking space with electric car charging station included Multipurpose space For further information or to arrange a viewing, please do not hesitate to contact us; we will assist you as soon as possible.
Amenities
- Air conditioning
- Balcony
- Guest bathroom
- En-suite master bathroom
- Closets
- Fitted kitchen
- Ceramic / marble flooring
- Panoramic view
- Laundry area
- Paved access
- Social area
- Elevator
- Barbecue / grill area
- Shopping centers
- Garage
- Gatehouse
- Gym
- Visitor parking
- Parks nearby
- Swimming pool
- Power generator
- Concierge / reception
- Security
- Residential area
- Green areas
- Tourist areas
- Basketball court
- Squash court
- Tennis court
- Closed-circuit TV
- Social club
- Terrace
- Commercial area
- Sports areas
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 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
- Apartment for Sale at PH Montecarlo Ocean View, Ocean Reef — $3,520,000
- Apartment for Sale at Montecarlo, Ocean Reef Islands — $1,280,000
- Penthouse for Sale in Punta Pacifica, PH Toc — $1,260,000
Frequently asked questions
How are the 377 square metres used with only three bedrooms?
The ratio of area to bedroom count translates into generous rooms: a large living and dining area, a fitted kitchen, a separate laundry zone and a balcony oriented towards the panoramic view. The primary bedroom has its own bathroom and closets, and there is a guest bathroom in addition to the second full bathroom. This layout tends to suit buyers who prefer large social spaces over a higher room count; during the viewing we can go through the floor plans and the measurements room by room.
What does the building offer, and what comes with the apartment?
The apartment is delivered with two assigned parking spaces and air conditioning, along with the fitted kitchen, closets and ceramic and marble flooring. The complex includes a pool, a gym, a social area with barbecue or grill, elevators, a gated entrance with guardhouse, visitor parking and paved access. The inventory of what stays in the unit, the current maintenance fee and the internal regulations are provided in writing on request.
What does Punta Pacífica mean for someone living here or renting the unit out?
It is a residential district of towers facing the Pacific, with shopping centres and parks in the immediate surroundings and good connections to the city's main road corridors. Given the location and the size of the unit, the usual profile is permanent residents or executives looking for ocean views and gated security. If the interest is rental, it is worth reviewing the building's rules on leasing and minimum terms beforehand, information we request from the administration on your behalf.
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