A penthouse apartment in Ocean Club, Punta Pacifica, is presented as a luxury Panama City property combining oceanfront views, city skyline exposure, hotel-style amenities, and potential residency benefits. The apartment is located on the 63rd floor of one of Panama’s most iconic towers and is listed for $2.5 million.
Ocean Club And Punta Pacifica
The apartment is located in Ocean Club in Punta Pacifica, Panama City.
Ocean Club is described as one of the most recognizable buildings in Panama, alongside El Tornillo. The tower is known for its sail-like shape on the Pacific coast and is described as the highest building in Panama.
The apartment is positioned at the point of the building, directly in front of the ocean. This gives it views on both sides:
- Pacific Ocean views.
- Panama City skyline views.
- Costa del Este.
- San Francisco.
- Ocean Reef Islands.
- Amador Causeway.
- Ships waiting to pass through the Panama Canal.
- Distant mountains.
The location is framed as part of Panama City’s high-end coastal real estate market, with comparisons made to Miami and Florida-style urban waterfront living.
Apartment Overview
The apartment is a penthouse on the 63rd floor.
Key details include:
- 395 square meters.
- Largest model in the building.
- Four-bedroom configuration, with one space also usable as a family room, office, or bedroom.
- Open living and dining area.
- Open kitchen.
- Multiple terraces.
- Ocean and city views.
- Strong natural light.
- Direct terrace access from all rooms.
The living and dining area has views to both the Pacific Ocean and the city skyline. The kitchen is open-concept and positioned to take advantage of the surrounding views.
Bedrooms And Layout
The apartment includes several large rooms, each with ocean views and terrace access.
One room is described as flexible and can function as:
- Family room.
- Office.
- Bedroom.
This room includes access to a terrace, a bathroom, and closet space.
The secondary bedrooms include:
- Closet space.
- En suite bathroom.
- Ocean views.
- Terrace access.
One secondary bedroom is described as being the size of a master bedroom.
The master bedroom is larger than the other rooms and includes:
- Ocean views.
- Direct terrace access.
- Walk-in closet.
- Large bathroom.
- Access to a larger private terrace section.
- Jacuzzi on the terrace.
- Bathtub in the bathroom.
Each bedroom has its own section of the terrace, giving the apartment a strong indoor-outdoor layout.
Terrace Views
The penthouse has terraces on both sides of the apartment.
One side is described as more peaceful, with views toward:
- Ocean Reef Islands.
- Island one and island two.
- The marina.
- Helipad.
- Pacific Ocean.
The other side is described as more active and urban, with views of:
- Panama skyline.
- El Tornillo.
- Metropolis Hotel.
- Global Bank Tower.
- City towers.
- Sunset over the skyline.
The apartment’s height places it above surrounding buildings, giving unobstructed panoramic views.
Building Amenities
Ocean Club is described as combining residential, hotel, and casino-style features.
Amenities mentioned include:
- Five swimming pools.
- Social area floor.
- Fully equipped gym.
- Spa.
- Casino.
- Free bus service to Multiplaza Mall every hour.
Multiplaza Mall is described as one of Panama’s main shopping destinations.
These amenities distinguish the building from a standard residential tower.
Price And Residency Context
The apartment is listed for $2.5 million.
The transcript states that purchasing a property like this can qualify the buyer for Panama permanent residence right away, or the buyer may consider the Friendly Nations Visa.
Panama is also described as offering a territorial tax system.
The transcript connects Panama’s tax system with international business activities, especially international trade of goods where goods are bought in one country and sold in another without entering Panama. Such structures are described as potentially receiving favorable tax treatment, including zero or very low tax in certain cases.
The exact tax requirements and legal structuring details are not provided in the transcript.
Panama As A Lifestyle And Investment Comparison
Panama City is compared to Miami and Florida-style living, especially because of its waterfront skyline, ocean views, and high-rise luxury buildings.
The transcript argues that Panama may offer similar lifestyle characteristics with:
- Lower cost of living.
- Lower taxes.
- Waterfront urban living.
- Luxury real estate at lower prices than comparable properties in Miami, Toronto, or Mediterranean markets.
- Access to permanent residence through property purchase.
- A stable Latin American location.
The specific comparison suggests that an equivalent property in Miami, Toronto, or the Mediterranean could be much more expensive, though no exact comparable prices are provided.
Practical Considerations
For buyers considering luxury property in Panama, the main factors highlighted are:
- Location in Punta Pacifica.
- Ocean Club’s status as an iconic tower.
- 63rd-floor penthouse position.
- 395-square-meter size.
- Large terraces and panoramic views.
- Four-bedroom or flexible family-office layout.
- Hotel-style amenities.
- $2.5 million price.
- Possible permanent residence route through property purchase.
- Panama’s territorial tax system.
- Lifestyle comparison with Miami-style waterfront living.
The main caveat is that the transcript presents the property and residency/tax benefits in broad terms. Buyers would need to separately verify legal, immigration, tax, property, and transaction details before relying on them.
