In the News from Panama

Luxury Rentals Available on Ocean Reef Island

Ocean Reef Islands is developing as the most exclusive address in Panama City. Offering island living minutes from the heart of the city, the developments on the manmade islands are among the most luxurious in the region, as Ocean Reef develops as a thriving community.

As projects complete, an interesting phenomenon has developed — there have been almost no rental listings. People are hanging on to their homes. Maybe it’s not surprising — people buy on Ocean Reef to live and enjoy their investment.

But there’s news: Punta Pacifica Realty has a select few rentals on Ocean Reef. They do exist.

Renters will have full access to all of Ocean Reef’s beauty and world-class amenities. Ocean Reef’s now-famous mantra is “island living in the heart of the city,” making these Panama City waterfront homes among the most unique rental units in the region.

So far, as projects are complete, we’ve only seen a trickle of units become available for rental, and often we only learn of availability through our relationships with owners.

For example, we recently received approval to offer a two-bedroom, 180-square-meter Beach Club Residences — the waterfront development offering “beach life in the city,” including oceanfront pools, a rooftop fitness center, and a private water-sports dock. The rental is a corner residence with a large balcony, beautiful ocean views, and a maid’s quarters, steps from the Ocean Reef marina.

Not surprisingly, the rates for these few units available reflect the luxury and prominence of the Ocean Reef community. There are no comps for Ocean Reef. So far, it is unclear if there will even be more rentals in the future.

If you’re interested in more information about rentals on Ocean Reef islands, contact Estefania by writing to