Ocean Reef Panama City

Ocean Reef Panama City Monte Carlo PH is located off the coast of Punta Pacifica. Ocean Reef Panama City is a private residential island community. Here, residents can enjoy a unique type of waterfront living right in the heart of Panama City. Built on two man-made islands, which are connected to the mainland via a private bridge, Ocean Reef Island is a beautiful place to live, with the benefits of being located minutes away from downtown Panama’s main business district and medical area.

At Ocean Reef, direct relationships exist between the ocean and those who live there. Ocean Reef Panama City is home to a full-service marina, providing residents with access to the Pacific Ocean and the Panama Canal, features that are rarely found elsewhere outside of marine-related developments. The unique nature of this community attracts people who prefer access to the water, an unobstructed view, and a generally quieter atmosphere, while remaining close to the city’s hustle and bustle. With pedestrian-friendly pathways along the waterfront and homes designed with views of and proximity to the water, residents experience a greater sense of separation between themselves and the dense urban city surrounding them, due to the gated entrances and private-accessed walkways.

Condos, Penthouses, and Custom Homes make up the Ocean Reef Luxury Real Estate Market. All of these residences were created with privacy in mind and to provide residents with the best possible views of the ocean. The Ocean Reef condos, penthouses, and custom homes were designed to provide ample space, natural light, and ocean views; unlike many condos, penthouses, and custom homes, they were not designed for high-density living. The limited supply of available properties and the steady growth in value and demand of Ocean Reef properties over the past several years demonstrate consistent long-term appreciation.

Convenience and comfort are at the core of living at Ocean Reef. Residents have access to 24-hour controlled access to the property, dining options within the property, and are located close to shopping, hospitals, and financial services in Punta Pacifica. The unique combination of an exclusive property and access to diverse communities is what sets Ocean Reef apart from other luxury real estate markets.

Ocean Reef represents a lifestyle and a geographic location, with many residents of Ocean Reef forming part of a close-knit neighborhood. The views along the beach and marina access make Ocean Reef a distinct and well-known community within the Panama market.

PH Monte Carlo

PH Monte Carlo is a historic residential community located in El Cangrejo, Panama City, and has been around for 50+ years. The neighborhood of El Cangrejo has excellent infrastructure and is very pedestrian-friendly, making it an ideal place to live, and PH Monte Carlo’s prime location on Av. Eusebio A. Morales enables residents access to many amenities, including shopping, dining, hospitals, schools, and public transportation. Because of these characteristics, PH Monte Carlo offers an ideal place to live for those interested in urban living without having to drive frequently.

The construction/design techniques used for PH Monte Carlo differ from how most new high-density residential buildings are built. In El Cangrejo, most recent residential developments have been constructed at substantially higher densities than previous residential densities. The floor plans for PH Monte Carlo units are larger than the floor plans of the majority of other buildings, and all the units have large open living areas, expansive living/dining/entryways, large bedrooms with many windows and large balconies/terraces with amazing views of the city below.

Most of the floor plans have been designed with families, long-term residents, and buyers looking for larger living areas, as opposed to the smaller living areas typically seen in modern construction.

Unlike other developments that continue to develop higher-density buildings today, PH Monte Carlo has built its reputation on providing a basic level of amenities for the daily needs of its residents rather than focusing only on the more luxurious and trendy amenities currently available. The communal amenities include a swimming pool, social activity areas, parking zones, and 24-hour security. While the basic amenities at PH Monte Carlo are not considered luxury amenities, they do meet the minimum requirement of comfort, safety, and predictability for the residents that they serve, and are centrally located in the urban area of Panama City.

El Cangrejo is consistently viewed as one of the most stable residential areas of Panama City, due to its flat terrain and tree-lined streets, and a mixed zoning classification. This creates a stable future for all types of investors, both foreign and domestic, and therefore the properties in El Cangrejo will generally retain their value due to a lack of land and the long-established flavour of El Cangrejo.

PH Monte Carlo is therefore a sound and enduring opportunity for potential investors looking for property in Panama City. Its location within El Cangrejo, its large floor plans, and the availability of local amenities all create an ideal opportunity for someone wanting to establish long-term urban living within a well-connected and livable community.

Ocean Reef Panama City PH Monte Carlo for Sale

This elegant apartment offers direct marina views within the exclusive Ocean Reef Islands community. Featuring a spacious balcony overlooking the marina, this residence is designed to enjoy natural light, open spaces, and a refined coastal lifestyle.

The layout includes a generous living and dining area, a closed kitchen ideal for privacy and functionality, and three bedrooms, each with its own en-suite bathroom. A guest half bathroom adds convenience for visitors. With 346 m² / 3,724 sq ft, the apartment provides ample space for comfortable luxury living.

Apartment Features:

• Total Area: 346 sqMt / 3,724 sqFt
• Bedrooms: 3, all with en-suite bathrooms
• Bathrooms: 3.5 (including guest half bath)
• Balcony: Spacious with direct marina views
• Living & Dining Area: Large and well-distributed
• Kitchen: Closed kitchen layout
• Views: Direct views of the Ocean Reef Marina

Asking Price: $2,700,000

If you’re on the hunt for Panama Island property for sale, you’ve come to the right place. Explore exclusive properties in Monte Carlo, Panama, and start living the island lifestyle you’ve always imagined. Browse our listings to learn more about condos in Ocean Reef Island Panama.