In the News from Panama

Look who bought at Ocean Reef

By Duncan McGowan

I’ve been writing a lot in recent weeks about Ocean Reef, Panama City’s most sought-after island development in the heart of the city.  I know it may sound too good to be true but in reality, the newly released Beach Club Residences is the fastest selling property Panama has seen in years.

With the brisk sales volume, I knew I had to get in quick before phase 1 sells out and prices go up.  I purchased a 2 bedroom apartment on level 100 and have never been so excited about a property purchase.  With one of Panama’s most prestigious developers, Grupo Los Pueblos, plus an unrivaled oceanfront location complete with marina and exclusive Yacht Club I’m confident this investment is a home run.

It wasn’t just the price points that got my interest. Ocean Reef offers so many elements you won’t be able to find anywhere else—ever.

The project clicks all the boxes. It offers an unmatchable beachfront lifestyle minute from downtown. If “location is everything,” then you can’t beat Ocean Reef. There’s also the marina, which is sure to attract high-level clientele from around the world, as well as the yacht club, which is going to be a great facility, exclusively for residents.

I could go on…

For me, I saw an opportunity and I grabbed it.  Want to learn more about the offer and why I pulled the trigger? Contact me now and I’ll be happy to share my perspective.

Duncan McGowan is President of Punta Pacifica Realty.