Panamá THE PALMS - OCEAN REEF

Panamá THE PALMS - OCEAN REEF | Panama City

The Standard of

High-Rise Living

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CIARA CAPONI

Presented At

$1,700,000

Bedrooms

Bathrooms

Living

2,304

SQFT

Stone Countertops

Elevator

Fitness Center / Gym

Laundry Room

Walk In Closet

Helipad

Balcony

Tennis Court

Pool

Waterfront

Oceanfront

Privacy

Investment Property

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Panamá THE PALMS - OCEAN REEF

Panamá THE PALMS - OCEAN REEF | Panama City

Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama. , Panamá THE PALMS - OCEAN REEF , Panama City

Oceanfront luxury at The Palms, Ocean Reef

Luxury Ocean Reef Apartment with Marina View Experience the ultimate island lifestyle in this stunning 2-bedroom, 2.5-bathroom apartment at The Palms, located in Ocean Reef Islands, the only private, man-made residential community in Latin America. This spacious 2,303-square-foot (214 m²) apartment features an open layout and floor-to-ceiling windows that fill the space with natural light and offer spectacular views of the marina and the Pacific Ocean. The modern kitchen is equipped with high-end appliances and elegant finishes, perfect for cooking enthusiasts. Both bedrooms have en-suite bathrooms, while the master bedroom includes a walk-in closet and direct access to a private balcony from which to enjoy the calm waters and beautiful sunsets. The apartment also has a guest bathroom and laundry area, all designed to offer comfort and luxury. Living at Ocean Reef means access to world-class amenities such as a private marina, helipad, tennis courts, a yacht club, a beach club, and expansive green areas. The Palms building offers a pool, gym, social lounges, and 24/7 security for your peace of mind. Located minutes from Panama City’s financial district, world-class shopping centers, gourmet restaurants, and prominent hospitals, this residence combines exclusivity with convenience. Whether you’re looking for a permanent home, a vacation property, or an investment, this apartment offers luxury, privacy, and high value. Don’t miss the opportunity to own one of Panama’s most prestigious communities, where exclusivity meets natural beauty.

Gallery

3D Street View Tour

Property Location

Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama., Panamá THE PALMS - OCEAN REEF Panama City

Local Weather & Climate

Panamá THE PALMS - OCEAN REEF, Panama City

Current Conditions Updated recently

88 °F

Scattered clouds

Feels Like 95°F

Humidity 60%

Wind 6 mph

Visibility 5.6 mi

Sunrise 11:38 AM

Sunset 11:25 PM

5-Day Forecast

Thu 5 Feb

Rain

High 85°

Low 85°

Fri 6 Feb

Clouds

High 90°

Low 72°

Sat 7 Feb

Clouds

High 83°

Low 71°

Sun 8 Feb

Clouds

High 86°

Low 73°

Mon 9 Feb

Clouds

High 86°

Low 72°

Annual Climate Based on last 12 months

76° Avg Low

Jan

88° Avg High

Mar

334 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

89.9" Annual Rainfall

Wet climate

Monthly Temperatures

Jan

89°

75°

Feb

88°

76°

Mar

91°

76°

Apr

91°

77°

May

90°

78°

Jun

88°

77°

Jul

89°

77°

Aug

90°

77°

Sep

87°

77°

Oct

84°

76°

Nov

85°

75°

Dec

86°

75°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Panamá THE PALMS - OCEAN REEF?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,700,000

Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama.

Panamá THE PALMS - OCEAN REEF, Panama City

2 Beds

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Market Opinion

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Our perspective on current market conditions in Panamá THE PALMS - OCEAN REEF. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $170,000,000 20% down ($34,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$14,608/day

Your home may appreciate while you sleep

$102,537/week $444,329/mo $5,331,942/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$93.5M

+$132.7M

$132.7M Potential Equity

vs $93.5M lost to rent over 10 years

$34.0M Down Payment Growth

3.9x

10yr

$132.7M

8.1x

20yr

$274.7M

12.6x

30yr

$429.4M

Wealth Comparison

×1,022

Equivalent to 1,022 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $429.4M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $200.2M +18%

Market $231.5M +36%

Optimistic $267.2M +57%

$132.7M est. equity

20 Years

Conservative $235.8M +39%

Market $315.3M +85%

Optimistic $419.8M +147%

$274.7M est. equity

30 Years

Conservative $277.7M +63%

Market $429.4M +153%

Optimistic $659.8M +288%

$429.4M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama have?

This apartment at Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama features 2 bedrooms with 2,304 square feet of living space.

What is the size of Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama?

This property offers 2,304 square feet of living space.

What is the listing price for Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama?

This property is listed at $170,000,000, which equals $73785 per square foot.

Is now a good time to buy a home in Panamá THE PALMS - OCEAN REEF?

Based on current market indicators, Panamá THE PALMS - OCEAN REEF shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What is the climate like in Panamá THE PALMS - OCEAN REEF?

Panamá THE PALMS - OCEAN REEF features a pleasant climate. Average temperatures range from 76°F in winter to 88°F in summer. The area receives approximately 89.9 inches of precipitation annually. There are about 334 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Panamá THE PALMS - OCEAN REEF?

Panamá THE PALMS - OCEAN REEF tends to be warmest in Mar and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is Panamá THE PALMS - OCEAN REEF, Panama City, Panama, Panama?

This is a apartment located in Panamá THE PALMS - OCEAN REEF, Panama City. The property is situated in an established neighborhood with convenient access to local amenities and services.