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
Two-Bedroom Residence at The Palms, Ocean Reef Islands Punta Pacífica
Oceanfront island living at The Palms
Punta Pacífica, Panamá
Active
$1,230,000
USD$7,278 / m²
- 2Bed
- 2.5Bath
- 169 m²1,819 ft²
- 2Parking
Overview
Set within Ocean Reef Islands, The Palms brings a resort-inspired feel to a private island setting close to Panama City’s urban center. This two-bedroom residence is offered at $1,230,000 and features 169 m², expansive terraces and panoramic ocean views. The project is currently under construction. The residence includes two bedrooms and 2.5 bathrooms. Its bright, open spaces are designed to make the most of natural light, while the expansive terraces extend the living experience outdoors. Two parking spaces are included. The layout is described with generous proportions and contemporary architecture. The Palms’ planned amenities include oceanfront pools, private cabanas, yoga decks and lush green spaces. The Lookout offers a place to watch the sunset, look for dolphins or enjoy a drink by the sea. Residents also have private marina access and exclusive membership to the Ocean Reef Beach Club. Explore a distinctive island address with convenient access to the city center; contact us for current project and residence details.
In Short
A two-bedroom residence at The Palms in Ocean Reef Islands is offered for $1,230,000. The residence has 169 m², 2.5 bathrooms and two parking spaces; project amenities include oceanfront pools, cabanas, yoga decks, green spaces and The Lookout.
Before You Decide
- Confirm that the $1,230,000 asking price applies to the 169 m² residence.
- Request the construction schedule and expected delivery date.
- Ask whether marina access and Ocean Reef Beach Club membership are included or involve separate fees.
- Confirm the HOA amount, its inclusions, and the building's pet and short-term rental policies.
Highlights
- 169 m² with two bedrooms and 2.5 bathrooms
- Two parking spaces
- Expansive terraces and panoramic ocean views
- Open, bright spaces designed to maximize natural light
- Oceanfront pools and private cabanas
- Yoga decks and lush green spaces
- The Lookout for sunsets and dolphin spotting
- Private marina access and Ocean Reef Beach Club membership
At a Glance
- Status
- Available
- Asking price
- $1,230,000
- Price per m²
- $7,278.11/m²
- Bedrooms
- 2 bedrooms
- Bathrooms
- 2.5 bathrooms
- Area
- 169 m²
- Parking
- 2 spaces
- Property type
- Apartment
- Building
- The Palms
- Community
- Ocean Reef Islands
- Neighborhood
- Punta Pacífica
- City
- Panama City
- Listing ID
- CNV-PROP-067847
Key Facts
- Category
- Residential
- Unit type
- Apartment Condo
- New or resale
- Pre Construction
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
16 photographs of this residence.
What's Included
Everything that stays with the residence.
- 2 parking spaces
Explore Apartment
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
- Half baths
- 1
- Total
- 169 m² · 1,819 ft²
Systems & Comfort
- Views
- Ocean
Parking & Storage
- Spaces
- 2
- Covered
- No
Outdoor
- Expansive terrace
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 calculated asking price is approximately $7,278.11 per m², based on $1,230,000 divided by 169 m².
- The residence combines two bedrooms, 2.5 bathrooms and two parking spaces with project amenities in a private island setting.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$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 Palms offers a two-bedroom residence in Ocean Reef Islands at a stated price of $1,230,000. The price per square metre is calculated from the stated $1,230,000 price and 169 m² 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 Punta Pacífica
San Francisco, Panamá
Punta Pacífica on Casanova today
- Active sale listings
- 710
- Active rentals
- 0
- Median asking price per m²
- $2,854
Getting Around
San Francisco, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How many bedrooms and bathrooms does the residence have?
The residence is described with two bedrooms and 2.5 bathrooms.
How many parking spaces are included?
Two parking spaces are stated.
What amenities are described at The Palms?
The project describes oceanfront pools, private cabanas, yoga decks, green spaces and The Lookout. It also describes private marina access and Ocean Reef Beach Club membership.
Is The Palms completed?
The Palms is described as currently under construction.
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Interested in Two-Bedroom Residence at The Palms, Ocean Reef Islands?
Speak to our team — viewings in person or by video, usually within 48 hours.