Two-bedroom apartment at The Palm Ocean Reef
The Palm Ocean ReefPunta Pacífica
- 2 Beds
- 2 Baths
- 199 m²
$1,354,288
$6,823 / m²
Two-bedroom apartment at The Palms Phase 2 Punta Pacífica
A 198.5 m² private-terrace residence in Ocean Reef
Punta Pacífica, Panamá
Active
$1,354,288
USD$6,823 / m²
- 2Bed
- 4Bath
- 198.5 m²2,137 ft²
- 1Parking
Overview
Set within Building 3 at The Palms Phase 2 in Ocean Reef, this 198.5 m² apartment pairs generous proportions with the privacy of a private terrace. Its position in Punta Pacifica places a resort-style island setting close to Panama City's financial district, with a private beach and oceanfront walking trails as part of the lifestyle described for The Palms Beach Resort. The residence offers two bedrooms and four bathrooms, along with spacious interiors and the private terrace. One covered parking space is included. The apartment's layout and interior finishes are not specified, leaving room for a buyer to explore the space in person and assess how it suits their needs. Residents have access to multiple infinity-edge pools with bar lounge service, an exclusive spa and a water sports center with equipment for paddle boarding, kayaking and boat outings. The resort amenities also include 24/7 intelligent perimeter security and personalized concierge service. For buyers seeking a distinctive waterfront setting with access to leisure and concierge services, The Palms Phase 2 offers a compelling address in Ocean Reef. Contact Casanova Realty to arrange a conversation about this two-bedroom apartment.
In Short
For sale at $1,354,288, this 198.5 m² apartment at The Palms Phase 2 in Ocean Reef has two bedrooms, four bathrooms, a private terrace and one covered parking space. Resort amenities include infinity-edge pools, a spa, oceanfront walking trails, a water sports center, 24/7 perimeter security and personalized concierge service.
Before You Decide
- The apartment has 198.5 m² of total area, two bedrooms and four bathrooms.
- The apartment includes a private terrace and one covered parking space.
- The stated sale price equates to approximately $6,822.73 per m².
- The monthly HOA, unit floor and area breakdown are not available.
Highlights
- 198.5 m² of total area
- Two bedrooms and four bathrooms
- Private terrace
- One covered parking space
- Building 3 at The Palms Phase 2, Ocean Reef
- Multiple infinity-edge pools with bar lounge service
- Spa, oceanfront trails and water sports center
- 24/7 intelligent perimeter security and personalized concierge
At a Glance
- Status
- Available
- Asking price
- $1,354,288
- Price per m²
- $6,822.73/m²
- Bedrooms
- 2
- Bathrooms
- 4
- Total area
- 198.5 m²
- Parking
- 1 covered space
- Building
- The Palms Phase 2, Building 3
- Neighborhood
- Punta Pacifica
- City
- Panama City
- Listing ID
- CNV-PROP-068312
Key Facts
- Category
- Residential
- Property type
- Apartment
- Unit type
- Apartment Condo
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
11 photographs of this residence.
What's Included
Everything that stays with the residence.
- 1 parking space
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
- 4
- Total
- 199 m² · 2,137 ft²
Parking & Storage
- Spaces
- 1
- Covered
- Yes
Outdoor
- Private terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,354,288
- Price per m²
- $6,823 / m²
- Cash to close (est.)
- $406,286at 30% down
Mortgage Estimate
- Down payment
- 30% · $406,286
- Loan amount
- $948,002
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$5,837
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 $6,822.73 per m² asking figure with other Ocean Reef apartments using consistent area definitions.
- Compare the four-bathroom configuration and private terrace with other two-bedroom units.
Value Comparison
Asking price per m², against the building, the sector and the country.
Apartment$6,823 / m²
Punta Pacífica average$8,088 / m²
Panama average$4,306 / m²
Asking 16% below the Punta Pacífica average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At $1,354,288 for 198.5 m², this two-bedroom apartment in The Palms Phase 2 is priced at approximately $6,822.73 per m². Rental income, operating expenses, and comparable sales are not available for an investment-yield estimate.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$1,354,288
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 Phase 2, Building 3
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 · 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 apartment have?
The apartment has 2 bedrooms and 4 bathrooms.
What is the apartment's area and asking price?
The apartment has a total area of 198.5 m² and is offered for $1,354,288.
What amenities are described at The Palms Phase 2?
Amenities described include multiple infinity-edge pools with bar lounge service, a spa, oceanfront walking trails, a water sports center for paddle boarding, kayaking and boat outings, 24/7 intelligent perimeter security, personalized concierge service and covered parking.
Is a parking space included?
The apartment is listed with one parking space; covered parking is described.
What is the asking price?
The asking price is $1,354,288.
How large is the apartment?
The apartment has 198.5 m² of total area.
Similar Properties
Same market, comparable size and price.
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Interested in Two-bedroom apartment at The Palms Phase 2?
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