Set just off the coast of Punta Pacifica, Ocean Reef Islands is one of Panama City’s most exclusive addresses—literally. This private island development is the first of its kind in Latin America, offering residents a unique blend of high-end living, unmatched privacy, and direct ocean access—all within minutes of the city center.
With just two man-made islands connected to the mainland by a private causeway, Ocean Reef is where luxury meets tranquility. Think yacht slips, rooftop pools, and million-dollar views… without the hustle and noise of the mainland.
Here’s a look at some of the most sought-after homes and condos available on Ocean Reef right now. Whether you’re after a marina-front villa or a sky-high penthouse, our listings cover it all. If something catches your attention, just use the contact form next to the listing and one of our expert brokers will reach out within 24 hours.
Every Ocean Terrace condo for sale embodies a combination of…
$2,535,121
Ocean Reef is connected to Panama City by a private bridge, meaning you can get from your front door to the heart of Punta Pacifica in just a few minutes—without sacrificing any of the peace and quiet that island life offers.
The causeway is guarded 24/7, and access is strictly controlled, giving Ocean Reef residents an added layer of security and exclusivity that’s unmatched in the city. Plus, with direct access to the Pacific Ocean, you’re just a short boat ride from the Pearl Islands or even a deep-sea fishing trip after lunch.
Ocean Reef isn’t just a place to live—it’s a lifestyle. Whether you’re pulling your boat into the private marina, relaxing in your rooftop infinity pool, or entertaining guests in a custom-designed luxury residence, life here is designed to impress.
But beyond the obvious wow-factor, Ocean Reef delivers real substance. The community includes its own yacht club, green areas, running trails, tennis courts, playgrounds, and plans for boutique shops and upscale dining. Residents here enjoy resort-style amenities with the kind of day-to-day livability that’s rare in luxury projects.
Most of the residences are custom homes, waterfront villas, and high-end condos with floor-to-ceiling glass, oversized terraces, and premium finishes. It’s a favorite among high-net-worth individuals, expats, and Panamanians who want privacy, security, and something truly unique in Panama City.
Living on Ocean Reef means enjoying the quiet calm of island life while still being incredibly close to the best Panama City has to offer. You’re just minutes from world-class healthcare (Hospital Punta Pacifica), top-tier shopping (Multiplaza Mall), and some of the best restaurants in the country.
Many homes here are built with entertainment in mind: think open-concept layouts, designer kitchens, and stunning ocean-facing outdoor spaces. Whether you’re hosting a dinner party or a weekend barbecue, Ocean Reef homes are built for enjoying life.
For those who love the water, this is as close as it gets. With private boat slips, direct marina access, and stunning views in every direction, Ocean Reef is a dream for yacht owners and water enthusiasts. And when you’re ready for dry land, you’ve got walking trails, green parks, and peaceful streets perfect for kids, pets, or just a morning jog.
Whether you’re looking to rent before you buy or you just want to spend a season living in one of the most exclusive parts of Panama City, Ocean Reef has some fantastic rental options. Browse available listings below and contact us for more details. We’ll get back to you within 24 hours.
Ocean Reef is for those who want it all—privacy, luxury, security, and convenience. It’s ideal for people who love the water, value their personal space, and want to be close to the city without being in the middle of it.
There’s no other neighborhood in Panama quite like it. From the moment you cross the causeway, it’s clear: this is a different world. Whether you’re a full-time resident, a snowbird, or an investor looking for a one-of-a-kind property, Ocean Reef is where you’ll find the pinnacle of luxury living in Panama City.
If you can snatch up a pre-construction condo, you may be eligible for developer financing, which is a big time saver and can be prudent in the long run, depending on how much time you plan on spending in Panama.
For additional insight on buying in Panama, read the Ultimate Guide to Moving to Panama. This is the most comprehensive guide available on moving to Panama…
EnglishOwning a home is a keystone of wealth… both financial affluence and emotional security.
