Incredible Ocean View 2 Bedroom Condo in Punta Pacifica - Your Gateway to Panama Living
Discover this incredible 2-bedroom condo with stunning ocean views in Punta Pacifica! Located in one of Panama City's most ...
Incredible Ocean View 2 Bedroom Condo in Punta Pacifica - Your Gateway to Panama Living
Located in one of Panama City's most prestigious neighborhoods, this stunning 2-bedroom, 2.5-bath condo in Punta Pacifica is listed at just $650,000 and offers spectacular ocean views extending to the Pearl Islands. With nearly 3,000 square feet of living space, soaring vaulted ceilings, and a massive balcony perfect for tropical sunsets, this property represents an exceptional opportunity for expats looking to invest in Panama real estate or start their retirement adventure in Central America.
Why Punta Pacifica is Panama's Most Sought-After Neighborhood
Punta Pacifica isn't just another Panama City neighborhood - it's the place where expats actually want to live. This upscale community sits perfectly positioned between urban convenience and tropical escape, offering a lifestyle that balances modern amenities with authentic Panama vibes. The neighborhood has become a magnet for North American retirees and remote workers seeking safety, exceptional healthcare access, and that intangible feeling of waking up grateful for where you live. According to relocation experts at DoPanama, expats consistently cite Punta Pacifica's proximity to international hospitals, shopping, restaurants, and residential stability as key factors in their decision to settle there. The development continues to attract quality investment properties, making it one of the most resilient real estate markets in Panama City.
Panama City has become a top 10 retirement destination globally, with expat communities growing at an estimated 8-12% annually
Source: International Living Retirement Index
The Property: Double-High Ceilings and Oceanfront Living
This particular condo is genuinely special - and here's why. Most units in the building don't feature the double-high vaulted ceilings you'll find here. Walk through the front doors and you immediately feel the space and light flooding in from that massive balcony. The floor plan is what real estate agents call 'open concept,' which is increasingly important for North American expats who grew up cooking in open kitchens. Many Latin American properties have enclosed kitchens designed for live-in maids, but this unit recognizes how North American families actually want to live. You've got two generously sized bedrooms, 2.5 bathrooms, and even a maid's quarters - because in Panama, household help is both affordable and part of the lifestyle. The square footage tops out near 3,000 square feet, giving you room to spread out and actually enjoy your Caribbean escape without feeling cramped. On clear days, you can see the Pearl Islands from your balcony - that's the kind of view that never gets old.
$650,000 purchase price for a 3,000 sq ft oceanfront condo
Source: DoPanama Real Estate Listing
Building Amenities That Actually Matter
Let's be real - you're not just buying a condo, you're buying into a lifestyle and a building community. This property sits in a building with amenities that most Panama City developments only claim to have. There's a proper gym (not just one treadmill and some dumbbells), a social area where neighbors actually gather, a pool with real maintenance, a sauna that gets used, and something you rarely see in Panama buildings: valet parking. That might sound like a small thing, but when you're coming home from dinner or the beach and it's raining, you'll appreciate pulling up and having someone park your car. The massive vaulted-ceiling lobby sets the tone the moment you walk in - it feels expensive without trying too hard. These are the details that separate a nice condo from a genuinely enjoyable place to live.
Panama's real estate market saw $2.1 billion in property transactions in 2023
Source: Panama Real Estate Chamber & Statistics
Location Within Location: The Punta Pacifica Advantage
Here's what makes Punta Pacifica special compared to other Panama City neighborhoods. You're literally steps away from the JW Marriott, which means fine dining restaurants, upscale shopping, a market with imported foods for when you're craving home, hair salons, barber shops, and laundry services - all within the same complex. This matters more than you'd think when you're adjusting to life abroad. You want convenience, quality, and the security of knowing you can get what you need without the culture shock of navigating unfamiliar territory. Head five minutes down the road and you've got the John Hopkins affiliate hospital - one of the best medical facilities in Central America - plus Multiplaza Mall with every international brand you could want. You're central, but not downtown. You're safe, but not isolated. You're cosmopolitan, but still experience authentic Panama around every corner. Austin Hess from DoPanama puts it this way: after almost 14 years in Panama, he wakes up grateful every morning. That's the Punta Pacifica effect.
Panama has the highest life expectancy in Central America at 79.2 years
Source: World Health Organization (WHO)
The Real Estate Investment Case for Panama
If you're thinking about this as an investment rather than just a home, the numbers tell an interesting story. Panama's real estate market has shown consistent appreciation over the past decade, driven by three major factors: population growth among expats, infrastructure development (including the expanding canal expansion), and limited oceanfront inventory in premium neighborhoods. A property in Punta Pacifica works as both a personal residence and a rental investment. Many expats purchase here, live in the property for 6-8 months a year, and rent it out for the remainder - covering mortgage costs or generating pure income. The short-term rental market in Punta Pacifica is particularly strong due to the neighborhood's desirability among visiting executives, digital nomads, and families on extended stays. Unlike many Caribbean destinations, Panama offers stability: no hurricane season, no excessive rain, reasonable cost of living, and a property market that doesn't experience the wild swings of more speculative markets.
Cost of living in Panama City is approximately 35-45% lower than comparable North American cities
Source: Numbeo & Expatica Cost of Living Index
The Expat Relocation Advantage: Working With Local Experts
Here's something that separates a good real estate purchase from a great one: having expert guidance through the entire process. DoPanama isn't just a real estate company listing properties - they're relocation specialists who understand everything from visa requirements to finding the right neighborhood for your lifestyle. Austin Hess and his team have been through this hundreds of times. They know which properties actually deliver on their promises, which neighborhoods work for families versus retirees, and how to navigate the legal and financial aspects of international property purchases. They can connect you with residency attorneys, arrange property inspections, handle translations, and introduce you to the community. When you're considering relocating to a new country, having someone in your corner who understands both the Panama real estate market and what expats actually need makes an enormous difference. This isn't a transactional relationship - it's a partnership in your life transition.
Panama offers multiple residency visa options, including the Pensioner Visa requiring just $1,000 monthly passive income
Source: Panama Immigration Authority
The Lifestyle Factor: Why People Stay
Numbers and statistics matter, but here's what really matters: the actual day-to-day experience of living in Punta Pacifica. You wake up, walk onto your balcony with a coffee, and see the Pacific Ocean stretching out before you. That might sound like a travel commercial, but it's the reality. The weather is consistently warm and tropical. The food scene ranges from traditional Panamanian fare to international cuisine. The people are genuinely welcoming. Healthcare is accessible and affordable. And unlike many Central American countries, Panama City offers sophisticated urban amenities without feeling disconnected from nature. You can dive with whale sharks or climb through cloud forests or hike to waterfalls, and you're back in your condo for dinner. This is the lifestyle that keeps expats here not just for retirement, but for life. After 14 years, Austin Hess still feels the gratitude. That's the energy you'll find in Punta Pacifica.
Panama ranks as the 5th safest country in Latin America for expat communities
Source: Numbeo Safety Index
This 2-bedroom oceanfront condo in Punta Pacifica represents more than just a real estate purchase - it's a gateway to the lifestyle that draws thousands of expats to Panama each year. With $650,000 buying you nearly 3,000 square feet of oceanfront living space, world-class building amenities, and proximity to everything from fine dining to world-class healthcare, the value proposition is compelling. Whether you're seeking retirement in paradise, an investment property with strong rental potential, or simply a place to start fresh in a thriving international community, this property delivers. DoPanama's team of licensed agents and relocation specialists can guide you through every step of the process - from property inspection and legal review to visa assistance and community introduction. Ready to change your life? Contact DoPanama today at +507 6443-3341 or visit dopanama.com to schedule a viewing and learn more about this exceptional opportunity. Your tropical future is waiting.
Expert Insights
โI've been down here almost 14 years and I wake up every morning thanking God for putting me in this beautiful country.โ
โ Austin Hess, COO of DoPanama Real Estate & Relocation
โYou're very central here in Punta Pacifica - next door you got great restaurants, you got a market, you got hair salon, you got a barber shop, you got a laundry mat, you have so many different nice amenities right there in the building.โ
โ Orlando, Licensed Real Estate Agent, DoPanama
โIf you like having open kitchen and you like to cook, this is going to be a great unit for you. One of the things that's really good, especially for the Northern American clientele coming to Panama.โ
โ Orlando, Licensed Real Estate Agent, DoPanama
Frequently Asked Questions
How much does it cost to buy beachfront property in Panama City?
Oceanfront properties in premium neighborhoods like Punta Pacifica typically range from $600,000 to $850,000 for 2-3 bedroom units. This particular condo is listed at $650,000 for nearly 3,000 square feet with stunning views of the Pearl Islands, making it competitively priced within the market.
Is Punta Pacifica a good neighborhood for expats to relocate?
Yes, Punta Pacifica is consistently ranked as the top neighborhood for expat relocation in Panama City due to its safety, world-class amenities, proximity to the JW Marriott complex, international hospitals including John Hopkins affiliate, and cosmopolitan lifestyle. The area offers the perfect balance between urban convenience and tropical living.
What amenities are included in Punta Pacifica buildings?
High-quality Punta Pacifica buildings typically feature gyms, swimming pools, social areas, saunas, valet parking, kids playgrounds, and 24-hour security. This particular building includes all of these plus a massive vaulted-ceiling lobby and is adjacent to the JW Marriott complex with restaurants, shopping, and services.
Can I get a residency visa in Panama with this property purchase?
Real estate purchase doesn't automatically grant residency, but Panama offers affordable visa options. The Pensioner Visa requires just $1,000 in monthly passive income, while investors can qualify through various property-related programs. DoPanama's legal team can advise on the best visa option for your situation.
What is the cost of living in Panama City for expats?
Panama City's cost of living is approximately 35-45% lower than comparable North American cities. Monthly expenses for a comfortable expat lifestyle range from $1,500-$2,500, depending on choices around dining, entertainment, and transportation.
Is Panama safe for American expats and retirees?
Panama ranks as the 5th safest country in Latin America and has become a premier destination for North American retirees. Neighborhoods like Punta Pacifica offer excellent security, reliable police presence, and strong expat communities that provide both safety and social connection.
What are the best areas to relocate in Panama?
Top expat destinations include Punta Pacifica and Panama City for urban convenience and healthcare access, Coronado for beach lifestyle, Boquete for mountain living and eternal spring climate, and Bocas del Toro for Caribbean living. Your best choice depends on lifestyle preferences - DoPanama offers a free relocation survey to match you with the right area.
Do I need a real estate agent to buy property in Panama?
While not strictly required, working with a licensed Panamanian real estate agent and attorney is highly recommended for expats. They navigate legal requirements, property titles, translations, and local market knowledge that protect your investment. DoPanama is a licensed and bonded company with attorneys on staff.
Key Statistics
Panama has become a top 10 retirement destination globally, with expat communities growing at an estimated 8-12% annually
Source: International Living Retirement Index (2023-2024)
Panama's real estate market saw $2.1 billion in property transactions in 2023
Source: Panama Real Estate Chamber & Statistics (2023)
Panama has the highest life expectancy in Central America at 79.2 years
Source: World Health Organization (WHO) (2023)
Cost of living in Panama City is approximately 35-45% lower than comparable North American cities
Source: Numbeo & Expatica Cost of Living Index (2024)
Panama offers multiple residency visa options, including the Pensioner Visa requiring just $1,000 monthly passive income
Source: Panama Immigration Authority (2024)
Panama ranks as the 5th safest country in Latin America for expat communities
Source: Numbeo Safety Index (2024)
Locations Mentioned
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