2-Bedroom Apartment at Ocean Reef The Palm
Ocean Reef The PalmPunta Pacífica
- 2 Beds
- 2 Baths
- 169 m²
$1,230,000
$7,278 / m²
2-Bedroom Residence at The Palms Beach Resort Punta Pacífica
A two-bedroom island residence at The Palms Beach Resort
Punta Pacífica, Panamá
Active
$1,230,000
USD$7,278 / m²
- 169 m²Built area
- 2Bed
- 1Bath
Overview
Set on Island II of Ocean Reef Islands in Punta Pacífica, this 169 m², two-bedroom residence brings a resort setting to a location described as just minutes from Panama City’s center. The property is offered for $1,230,000, pairing an island address with convenient access to the capital.
In Short
A 2-bedroom, 1-bathroom, 169 m² property is offered for $1,230,000 at The Palms Beach Resort on Ocean Reef Islands in Punta Pacífica, Panama City. Resort amenities include private beachfront, pools, a gym, spa, sauna, and outdoor kitchens.
Before You Decide
- Confirm whether the property is legally classified as a hotel unit or a residential apartment before purchase.
- Request the unit’s floor, floor plan, orientation, and specific view details.
- Verify parking, storage, monthly HOA fees, and the services covered by the HOA.
- Ask for building rules on pets and short-term rentals, plus details about backup power and water reserves.
Highlights
- 169 m² of total area
- Two bedrooms and one bathroom
- Offered for $1,230,000
- Located on Island II of Ocean Reef Islands
- More than 120 meters of private beachfront at The Palms
- Resort amenities include pools, a gym, spa, sauna, and swim-up bar
- Island access to a marina, water sports center, heliport, courts, and parks
At a Glance
- Status
- Active; available
- Asking price
- $1,230,000
- Price per m²
- $7,278.11/m²
- Bedrooms
- 2
- Bathrooms
- 1
- Total area
- 169 m²
- Property type
- Residence in a resort development
- Building
- The Palms Beach Resort
- Neighborhood
- Punta Pacífica
- City
- Panama City
- Listing ID
- CNV-PROP-067455
Key Facts
- Category
- Hospitality
- Unit type
- Hotel Income Property
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
9 photographs of this residence.
Explore Hotel
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Bedrooms
- 2
- Full baths
- 1
- Total
- 169 m² · 1,819 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,230,000
- Price per m²
- $7,278 / m²
- Cash to close (est.)
- $369,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $369,000
- Loan amount
- $861,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$5,301
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The asking price equates to approximately $7,278.11 per m², calculated from $1,230,000 divided by 169 m².
- The development description refers to 2- and 3-bedroom residences ranging from 141 m² to more than 350 m²; this property is separately recorded at 2 bedrooms and 169 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Hotel$7,278 / m²
Punta Pacífica average$8,088 / m²
Panama average$4,306 / m²
Asking 10% below the Punta Pacífica average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property is offered for sale at $1,230,000. Rental income, operating costs, and investment returns are not established.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Price History
- Listed · October 2026$1,230,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Punta Pacífica
San Francisco, Panamá
The Palms Beach Resort
Punta Pacífica, Panamá
Positions are schematic, spaced by travel distance.
Get directionsPunta Pacífica on Casanova today
- Active sale listings
- 710
- Active rentals
- 0
- Median asking price per m²
- $2,854
Getting Around
San Francisco, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How large is this residence?
The residence is listed at 169 m².
How many bedrooms and bathrooms does it have?
It has 2 bedrooms and 1 bathroom.
What is the asking price?
The asking price is $1,230,000 USD.
Which amenities are described at The Palms Beach Resort?
The resort amenities include more than 120 meters of private beachfront, recreational and lap pools, oceanfront cabanas, yoga decks, meditation areas, a gym, a spa with a sauna and massage rooms, outdoor kitchens, a swim-up bar, and fire pits.
What amenities are available across Ocean Reef Islands?
Island amenities include the Ocean Reef Marina & Yacht Club, a water sports center, heliport, tennis, squash and volleyball courts, multipurpose courts, and parks.
Are parking, storage, and HOA fees specified?
Parking, storage, and HOA fees are not specified.
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Interested in 2-Bedroom Residence at The Palms Beach Resort?
Speak to our team — viewings in person or by video, usually within 48 hours.