Two-Bedroom Apartment at Club Residence, Ocean Reef
Club Residence at Ocean ReefOcean Reef Islands
- 2 Beds
- 2 Baths
- 151 m²
$1,165,306
$7,703 / m²
2-Bedroom Residence at The Palms Beach Resort Ocean Reef Islands
Island resort living at The Palms Beach Resort
Ocean Reef Islands, Panamá
Active
$1,230,000
USD$7,278 / m²
- 169 m²Built area
- 2Bed
- 2Bath
- 1Parking
Overview
Set on Ocean Reef Islands, this 169 m² residence at The Palms Beach Resort pairs a two-bedroom, two-bathroom layout with the amenities of a private-island resort. Floor-to-ceiling windows, high-end finishes and a seamless layout give the home a polished, open feel. The residence offers two bedrooms, two bathrooms and one parking space. Its floor-to-ceiling windows bring natural light into the interior, while high-end finishes and a seamless layout complete the design. The area is 169 m²; a separate breakdown of interior, balcony or terrace space is not provided. The resort amenity collection includes an oceanfront pool, private cabanas and a relaxation deck, plus a fully equipped gym, squash, tennis and paddle courts, and yoga areas overlooking the sea. Residents can also enjoy fire pit areas, an outdoor cinema, a meditation park and The Lookout, a space for dolphin watching and sunsets. The property is on Ocean Reef Islands in Panama City, where The Palms offers direct access to a private marina with capacity for yachts up to 200 feet; helipads are available for residents. Contact Casanova Realty to arrange a viewing and learn more about this island residence.
In Short
A 169 m² residence at The Palms Beach Resort, Ocean Reef Islands, is offered for sale at USD 1,230,000. It has two bedrooms, two bathrooms, one parking space, high-end finishes and floor-to-ceiling windows. Resort amenities include an oceanfront pool, gym, sports courts, yoga areas, fire pits, an outdoor cinema, a meditation park and The Lookout.
Before You Decide
- The residence combines a 169 m² area with two bedrooms, two bathrooms and one parking space.
- The asking price is USD 1,230,000, or approximately USD 7,278.11 per m² using the reported area.
- The resort lists recreation, fitness and wellness amenities, including an oceanfront pool, gym, sports courts and yoga areas.
- Monthly HOA costs, rental rules, pet rules, furnishing and included appliances are not established.
Highlights
- 169 m² residence at The Palms Beach Resort
- Two bedrooms and two bathrooms
- One parking space
- High-end finishes and floor-to-ceiling windows
- Oceanfront pool, private cabanas and relaxation deck
- Gym, squash, tennis and paddle courts, plus sea-facing yoga areas
- Fire pits, outdoor cinema, meditation park and The Lookout
- Private marina access for yachts up to 200 feet; helipads available to residents
At a Glance
- Status
- Available
- Asking price
- $1,230,000
- Price per m²
- $7,278.11/m²
- Bedrooms
- 2
- Bathrooms
- 2
- Area
- 169 m²
- Parking
- 1 space
- Property type
- Resort residence
- Building
- The Palms Beach Resort
- Neighborhood
- Ocean Reef Islands
- City
- Panama City
- Listing ID
- CNV-PROP-068305
Key Facts
- Category
- Hospitality
- Unit type
- Hotel Income Property
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
10 photographs of this residence.
What's Included
Everything that stays with the residence.
- High-end finishes
- Seamless layout
- Floor-to-ceiling windows
- 1 parking space
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
- 2
- Total
- 169 m² · 1,819 ft²
Parking & Storage
- Spaces
- 1
- Covered
- No
Interior
- High-end finishes
- Seamless layout
- Floor-to-ceiling windows
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
- Compare the USD 7,278.11 per m² asking-price basis with other residences using the same area and pricing method.
- this home as a residence while its structured property type is hotel; verify its legal and operational classification before comparing it with conventional apartments.
Value Comparison
Asking price per m², against the building, the sector and the country.
Hotel$7,278 / m²
Ocean Reef Islands average$6,297 / m²
Panama average$4,306 / m²
Asking 16% above the Ocean Reef Islands average — worth understanding what justifies it before you offer.
Investment Case
The residence is offered for USD 1,230,000. Its source-reported area is 169 m², equivalent to approximately USD 7,278.11 per m² based on the asking price and stated area.
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- 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 Ocean Reef Islands
San Francisco, Panamá
The Palms Beach Resort
Ocean Reef Islands, Panamá
Positions are schematic, spaced by travel distance.
Get directionsOcean Reef Islands on Casanova today
- Active sale listings
- 37
- Active rentals
- 0
- Median asking price per m²
- $6,569
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 much does the residence cost?
The asking price is USD 1,230,000.
How large is the residence?
The reported area is 169 m².
How many bedrooms, bathrooms and parking spaces are included?
The residence has two bedrooms, two bathrooms and one parking space.
What amenities does The Palms Beach Resort offer?
Amenities include an oceanfront pool, private cabanas, a relaxation deck, a fully equipped gym, squash, tennis and paddle courts, yoga areas overlooking the sea, fire pit areas, an outdoor cinema, a meditation park and The Lookout.
Does the residence have access to a private marina?
The Palms has direct access to a private marina with capacity for yachts up to 200 feet.
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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.