Ocean Reef Islands

Panama | Panama City

The Vision of

Urban Luxury

View Photos Watch Film 360° VTour Open House

Jose Alberola

Presented At

$2,895,000

Bedrooms

Bathrooms

Living

4,597

SQFT

High Ceiling

Open Kitchen

Parking

Balcony

Gate

City View

Waterfront

Ocean View

Oceanfront

Gated Community

Panoramic / Scenic View

New Builds

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 1

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 2

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 3

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 4

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 5

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 6

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 7

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 8

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 9

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 10

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 11

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. - Photo 12

Ocean Reef Islands

Panama | Panama City

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama. , Panama , Panama City

Oceanfront Elegance & Island Luxury Turnkey 4-Bedroom Residence at Ocean Terrace Ocean Reef Islands

Discover elevated island living in this fully furnished 427 m² oceanfront residence, located in the ultra-exclusive Ocean Terrace within the world-renowned Ocean Reef Islands. Designed for ultimate comfort and sophistication, this turnkey 4-bedroom, 3.5-bathroom apartment delivers refined coastal living with the privacy and tranquility that only an island community can offer. With 4 assigned parking spaces, floor-to-ceiling windows, and a thoughtfully designed layout, every detail enhances light, comfort, and functionality. It is the perfect retreat for discerning buyers seeking a luxurious, move-in-ready home. This beautifully curated residence offers a serene and elegant environment ideal for families, professionals, or those seeking to downsize without compromising on luxury. The spacious open-concept design integrates indoor and outdoor living, allowing natural light to flow throughout the home. Each of the four bedrooms is peaceful and well-appointed, while the 3.5 bathrooms feature premium finishes that elevate everyday living. Ocean Terrace is an ultra-exclusive boutique building of only six residences, delivering a rare level of privacy within the prestigious Ocean Reef Islands— Panama City’s most secure and sought-after gated island community. Developed by Grupo Los Pueblos and designed by Mallol Arquitectos, this architectural gem blends contemporary elegance with resort-like serenity. Residents enjoy seamless indoor-outdoor living, lush landscaping, and privileged access to the island’s world-class amenities. Disclaimer: The furniture and décor shown in these images have been generated using artificial intelligence and are for illustrative purposes only.

Gallery

3D Street View Tour

Property Location

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama., Panama Panama City

Local Weather & Climate

Panama, Panama City

Current Conditions Updated recently

83 °F

Few clouds

Feels Like 90°F

Humidity 77%

Wind 10 mph

Visibility 6.2 mi

Sunrise 11:39 AM

Sunset 11:21 PM

5-Day Forecast

Mon 26 Jan

Rain

High 88°

Low 83°

Tue 27 Jan

Clouds

High 88°

Low 74°

Wed 28 Jan

Clouds

High 85°

Low 73°

Thu 29 Jan

Clouds

High 89°

Low 72°

Fri 30 Jan

Clouds

High 86°

Low 72°

Annual Climate Based on last 12 months

76° Avg Low

Dec

89° Avg High

Mar

334 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

91" 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

88°

77°

Oct

86°

76°

Nov

85°

75°

Dec

87°

74°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Panama?

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.

$2,895,000

Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama.

Panama, Panama City

4 Beds

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Market Opinion

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Our perspective on current market conditions in Panama. 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: $289,500,000 20% down ($57,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$24,877/day

Your home may appreciate while you sleep

$174,615/week $756,665/mo $9,079,984/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

-$159.3M

+$226.0M

$226.0M Potential Equity

vs $159.3M lost to rent over 10 years

$57.9M Down Payment Growth

3.9x

10yr

$226.0M

8.1x

20yr

$467.8M

12.6x

30yr

$731.2M

Wealth Comparison

×1,741

Equivalent to 1,741 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $731.2M

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 $340.9M +18%

Market $394.2M +36%

Optimistic $454.9M +57%

$226.0M est. equity

20 Years

Conservative $401.5M +39%

Market $536.9M +85%

Optimistic $714.9M +147%

$467.8M est. equity

30 Years

Conservative $472.9M +63%

Market $731.2M +153%

Optimistic $1,123.5M +288%

$731.2M 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 Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama have?

This apartment at Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama features 4 bedrooms with 4,597 square feet of living space.

What is the size of Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama?

This property offers 4,597 square feet of living space.

What is the listing price for Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama?

This property is listed at $289,500,000, which equals $62976 per square foot.

Is now a good time to buy a home in Panama?

Based on current market indicators, Panama 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 Panama?

Panama features a pleasant climate. Average temperatures range from 76°F in winter to 89°F in summer. The area receives approximately 91 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 Panama?

Panama tends to be warmest in Mar and coldest in Dec. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is Ocean Reef Islands, Panama City, Panama, Panama City, Panama, Panama?

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

Brokerage: