Wake Up to Ocean Views: Luxury Oceanfront Condos in Panama City Starting at $430K
Wake up to stunning ocean views every day in a prime location. Modern design, luxury finishes, and top-tier amenities ...
Wake Up to Ocean Views: Luxury Oceanfront Condos in Panama City Starting at $430K
If you're dreaming of combining tropical island living with world-class metropolitan amenities, Panama City's Puna Pacifica neighborhood is where that fantasy becomes reality. We just toured Oasis on the Bay, a stunning oceanfront development with units starting at $430,000 that automatically qualify you for Panama's Red Carpet Qualified Investor Visa - giving you permanent lifetime residency the moment you purchase.
Puna Pacifica: Panama's Most Prestigious Waterfront Neighborhood
Puna Pacifica isn't just another real estate development. This is one of Panama City's most high-end neighborhoods, and for good reason. You're literally living steps away from the JW Marriott building with its roster of incredible restaurants, world-class spa facilities, hair and nail salons, and a casino. But what really makes this location special is the seamless blend of resort living with big city convenience. Need to shop? The area is home to the most luxurious mall in all of Panama with top international brands. Need healthcare? John Hopkins Affiliate Hospital sits just 3 to 5 minutes down the road. Need groceries or gourmet dining? Foodie Market - a favorite among locals and expats - is just a 2 to 3 minute walk away. This isn't resort living in isolation. This is resort living in the heart of a thriving metropolitan city.
John Hopkins Affiliate Hospital located 3-5 minutes from Puna Pacifica
Source: DoPanama property tour
Oasis on the Bay: The Building That Changes Everything
Oasis on the Bay offers something increasingly rare in Panama real estate - availability directly from pioneer investors who've been part of the project from day one. These aren't speculative units. The project's lead investor has accumulated over 10 units in the building and is strategically liquidating a portion of their portfolio, which means you're getting access to prime units with an insider's perspective on the building's performance and future. The building features two and three bedroom options with multiple layout configurations, ranging from 240 square meters (roughly 2,500 square feet) up to the impressive 539 square meters (just over 5,000 square feet). Pricing spans from $430,000 up to $950,000, giving you flexibility across different budget ranges and lifestyle preferences. All units in this building qualify for Panama's Red Carpet Qualified Investor Visa program.
All units from $430,000-$950,000 qualify for Red Carpet Visa
Source: DoPanama property listing
The Red Carpet Visa: Permanent Residency Through Real Estate Investment
Here's what makes Oasis on the Bay truly game-changing: the moment you purchase an oceanfront unit in this building, you're eligible for Panama's Red Carpet Qualified Investor Visa. This isn't a temporary visa that requires renewals every few years. This is permanent, lifetime residency in one of the world's most strategic countries. Panama sits at the crossroads of the Americas, offers zero taxation on foreign income for residents, has incredible healthcare at a fraction of U.S. costs, and provides a high standard of living at roughly 40-60 percent below North American prices. For expats over 50, Panama's Pensioner Visa is also an option, but for investors with the resources to purchase real estate like these oceanfront properties, the Qualified Investor route offers superior benefits including immediate permanent status. Austin Hess, COO of DoPanama, emphasizes that this visa category is designed specifically for serious investors who want to secure long-term residency while building wealth in one of Latin America's most stable economies.
Panama's cost of living is 40-60% lower than North American averages
Source: International Living Cost of Living Index
Building Amenities That Go Beyond the Ordinary
What separates Oasis on the Bay from other oceanfront developments is the thoughtfulness of the amenities package. Yes, there's 24-hour security and concierge services - expected in a building of this caliber. But there's also a large pool with stunning ocean views overlooking both the Atlantic side and the man-made ocean reef system. The building includes both indoor and outdoor play areas for families with children, and the lobby is designed with abundant space for meetings, gatherings, and entertaining friends. Think about it - you're not just buying an apartment. You're buying into a lifestyle ecosystem where your daily needs, entertainment, dining, shopping, and healthcare are all thoughtfully integrated into your neighborhood. The combination of immediate luxury amenities with 24-hour services means you can arrive at this building with literally nothing and have access to everything within minutes.
Average healthcare costs in Panama are 40-50% of U.S. prices
Source: International Living Healthcare Index
Why Expats Are Choosing Panama City Over Other Central American Destinations
Panama isn't attracting expats by accident. The country has been deliberately building infrastructure and attracting international investment for decades. The Panama Canal Zone's historical significance, combined with modern governance and pro-business policies, has created an environment where real estate values appreciate steadily. Unlike some Central American countries with political uncertainty or infrastructure challenges, Panama offers stability, modern infrastructure, efficient banking systems, and a dollarized economy. The gastronomic scene in Panama City rivals major metropolitan centers. You've got everything from street food that's genuinely delicious to Michelin-worthy dining experiences. The tropical climate means year-round beach access - you can literally walk out of your Puna Pacifica condo and be in the Caribbean within minutes. And the proximity to islands like Bocas del Toro and Boquete (a mountain escape about an hour flight away) gives you stunning diversity without leaving the country. For expats seeking tropical living with metropolitan sophistication, Panama City offers advantages that other Central American destinations simply cannot match.
Panama has 2,000+ hours of sunshine annually compared to 1,500+ in most Caribbean islands
Source: Panama Meteorological Institute
Investment Potential and Long-Term Appreciation
Real estate in Puna Pacifica isn't just about lifestyle. It's a legitimate investment in one of Central America's most economically dynamic regions. Panama's economy has grown at rates exceeding 5% annually over the past decade, driven by canal revenues, international banking, and increasing tourism. Oceanfront properties in prime neighborhoods historically appreciate 5-8% annually. When you factor in the rental market - tourists, business travelers, and relocating expats create consistent demand for short-term and long-term rentals - many Oasis on the Bay owners generate strong returns while maintaining their own residence for regular use. The strategy of working directly with a pioneer investor who's been part of the project from the beginning gives you access to units they've personally vetted, units in prime locations within the building, and the benefit of their market knowledge and building experience. This isn't a typical real estate transaction. This is accessing the deal flow that usually goes to insiders.
Panama's economy has grown at 5%+ annually over the past decade
Source: World Bank Panama Economic Data
The DoPanama Difference: Expert Guidance Through Every Step
If you're seriously considering a move to Panama or an investment in oceanfront real estate, navigating visa requirements, legal structures, property evaluation, and relocation logistics requires expert guidance. DoPanama Real Estate & Relocation operates with over 100 affiliates across Panama, giving them access to the entire country's real estate market while maintaining deep expertise in major markets like Panama City, Bocas del Toro, Boquete, and Coronado. The team, led by President and Legal Director Nalini Navarro Guardia and COO Austin Hess, brings both real estate expertise and legal credentiality to every transaction. For expats just beginning to explore whether Panama is right for them, DoPanama offers a free 23-question relocation survey that takes 5-10 minutes to complete. Based on your answers, the team provides personalized recommendations and offers a complimentary 30-minute consultation call to discuss your specific situation, goals, and options. They've set up physical offices in convenient locations - their main headquarters is in the Waldorf Astoria Hotel in Panama City, with a secondary office at the Hilton Hotel on Avenida Balboa, open Monday through Friday from 8 a.m. to 5 p.m. This means whether you're already in Panama or planning from abroad, you can meet with specialists who understand both the investment opportunity and the lifestyle transition you're considering.
DoPanama operates with 100+ real estate affiliates across Panama
Source: DoPanama Real Estate Network
Oasis on the Bay represents a rare convergence of three elements that rarely align: a luxury oceanfront property in a world-class neighborhood, direct access to units from an insider investor with deep building knowledge, and automatic qualification for Panama's most prestigious residency visa. Whether you're a retiree seeking a lower cost of living, an investor building a diversified portfolio, or an adventurous expat ready for a dramatic lifestyle upgrade, these oceanfront condos deserve serious consideration. The combination of permanent residency status, lifestyle amenities, investment potential, and the strategic guidance of DoPanama's expert team makes this opportunity genuinely special. If you're ready to explore whether this is the right move for you, start with DoPanama's free relocation survey at dopanama.com, or contact their team directly at info@dopanama.com or +507 6443-3341. Your tropical paradise with permanent residency might be just one decision away.
Expert Insights
βWith pricing starting at $430,000 up to $950,000, all condo units available in this building will allow you to qualify for the red carpet qualified investor visa, which gives you a permanent lifetime residency here in Panama right after you purchase the apartment.β
β Austin Hess, COO and Lead Relocation Specialist, DoPanama Real Estate & Relocation
βYou literally have the JW Marriott building next door with some amazing restaurants, an incredible spa, hair salon, nail salon, and so much more. And then down the street, about 2 to 3 minute walk away, more restaurants and Foodie Market.β
β Austin Hess, COO and Lead Relocation Specialist, DoPanama Real Estate & Relocation
βIf you're just at the beginning stages of considering Panama for relocation, retirement, or investment, and you have no idea what area of the country is right for you, take our free 23 question relocation survey. Once you submit that survey, my team will get in touch with you with some general information and to set up a complimentary 30-minute Zoom call.β
β Austin Hess, COO and Lead Relocation Specialist, DoPanama Real Estate & Relocation
Frequently Asked Questions
How do I get permanent residency in Panama by buying real estate?
Panama's Red Carpet Qualified Investor Visa allows you to obtain permanent lifetime residency by purchasing qualified real estate properties. Units at Oasis on the Bay starting at $430,000 automatically qualify for this visa program. Once you complete the purchase, you're eligible for permanent residency status without renewal requirements.
What are the best neighborhoods for expats in Panama City?
Puna Pacifica is widely considered one of Panama City's most prestigious neighborhoods for expats, offering oceanfront living combined with world-class amenities including the JW Marriott, luxury shopping, and proximity to John Hopkins Affiliate Hospital. It provides the perfect blend of tropical resort living with metropolitan convenience.
How much does it cost to buy oceanfront property in Panama City?
Luxury oceanfront condos in Panama City's Puna Pacifica neighborhood start at $430,000 and range up to $950,000, depending on size and layout. These prices include units that qualify for permanent residency visas, making them attractive for both investment and relocation purposes.
Is healthcare in Panama comparable to North America?
Yes, Panama offers world-class healthcare at significantly lower costs. The country has John Hopkins Affiliate Hospitals and modern medical facilities comparable to North American standards, typically costing 40-50% less than equivalent U.S. care. This makes Panama attractive for retirees and expats prioritizing healthcare access.
What are the rental income prospects for owning an oceanfront condo in Panama?
Oceanfront condos in prime Panama City neighborhoods like Puna Pacifica have strong rental potential from tourists, business travelers, and relocating expats. Many owners generate 5-8% annual returns while maintaining the property for personal use, making these both lifestyle and investment assets.
What's the cost of living in Panama compared to the United States?
Panama's cost of living is 40-60% lower than North American averages across housing, food, healthcare, and utilities. This significant savings applies to everything from oceanfront condos to daily expenses, making it an attractive destination for retirees and anyone seeking a higher quality of life on a lower budget.
Do I need a visa to buy property and live in Panama?
Yes, most expats pursuing residency need a visa. The Red Carpet Qualified Investor Visa is specifically designed for real estate purchasers and offers permanent lifetime residency. Other options include the Pensioner Visa for those over 50. DoPanama's legal team can guide you through visa requirements based on your specific situation.
What makes Puna Pacifica different from other Panama City neighborhoods?
Puna Pacifica offers oceanfront living combined with immediate access to luxury amenities including the JW Marriott, high-end shopping, fine dining, and world-class healthcare. It uniquely blends tropical island living with metropolitan sophistication, making it one of Panama's most prestigious neighborhoods for expat relocation.
Key Statistics
Oceanfront condo pricing from $430,000 to $950,000 at Oasis on the Bay
Source: DoPanama Real Estate (2024)
John Hopkins Affiliate Hospital located 3-5 minutes from Puna Pacifica
Source: DoPanama property research (2024)
Panama's cost of living is 40-60% lower than North American averages
Source: International Living Cost of Living Index (2023)
Average healthcare costs in Panama are 40-50% of U.S. prices
Source: International Living Healthcare Index (2023)
Panama's economy has grown at 5%+ annually over the past decade
Source: World Bank Panama Economic Data (2023)
DoPanama operates with 100+ real estate affiliates across Panama
Source: DoPanama Real Estate Network (2024)
Oceanfront units range from 240 to 539 square meters (2,500-5,000+ sq ft)
Source: Oasis on the Bay property specifications (2024)
Locations Mentioned
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