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Punta Pacífica towers lit up at night on the Bay of Panama

Punta Pacífica Real Estate for Sale

PANAMA CITY · UPDATED OCTOBER 2026

High-rise living on the waterfront, next to Multiplaza, Pacífica Salud hospital and the gateway to Ocean Reef Islands.

Pacífica Salud

A private hospital in the neighbourhood

Multiplaza

One of the city’s main malls next door

Ocean Reef

Private islands reached through Punta Pacífica

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Agent commission paid by buyers

Living in Punta Pacífica

Panama City’s showcase waterfront district

Punta Pacífica is a compact district of tall residential towers on the Bay of Panama, between Punta Paitilla and Coco del Mar. It is next to Multiplaza mall and Pacífica Salud hospital, and it is the only road access to the private Ocean Reef Islands.

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Most of its towers went up in the 2000s and 2010s, many with full amenities, concierge service and open views of the bay and the skyline. The Corredor Sur starts at the edge of the neighbourhood, making it one of the quicker central districts to reach Tocumen International Airport.

Punta Pacifica listings

Punta Pacífica and Nearby Listings

Below are our listings in Punta Pacífica, Ocean Reef Islands and neighbouring Coco del Mar. If you don’t see the right one, tell us your budget and must-haves and we’ll search the area for you, including properties not yet advertised. Start the Buying Process →

On Wishlist

1-3BR Condos for Sale in Coco del Mar Panama | 5123

$288,600 - $538,360

Condo

Size:

TBD

Rooms

Bathrooms

Bedrooms

3

Bathrooms

2

Floors

Property size

2

On Wishlist

2-3BR Island Resort Condos for Sale in Panama City 5088

$1,157,450 USD – $2,146,250 USD

Mixed

Size:

TBD

Rooms

Bathrooms

Bedrooms

3

Bathrooms

2

Floors

Property size

2

What Apartments Cost in Punta Pacífica

Based on a sample of advertised asking prices in October 2026, not closed sales. The building, floor and view matter more than anything else here.

Established towers

Three bedrooms of about 295 m² in a multi-tower complex

About $668,000

About $2,250 per m²

Hotel-residence tower

Two bedrooms of about 143 m² in the sail-shaped tower on the point

About $499,000

About $3,500 per m²

Ocean Reef Islands next door

Island resort condos with marina access

About $1.16M–$2.15M

Varies by unit

What Drives the Price

  • The building. Newer towers and hotel-residences command more per m² than the earlier complexes.

  • Floor and view. High floors with open bay views carry a clear premium.

  • HOA fees. Amenity-rich towers have higher monthly fees, which affect both value and rental returns.

Around Punta Pacífica

Healthcare, shopping and the waterfront, all within a few blocks.

HEALTHCARE

Pacífica Salud

A modern private hospital and medical centre within the neighbourhood.

SHOPPING

Multiplaza

One of the city’s largest malls, with department stores, restaurants and a cinema, next door.

ISLAND LIVING

Ocean Reef Islands

Two private man-made islands with villas, condos and a marina, reached through Punta Pacífica.

LANDMARK

The Sail-Shaped Tower

The hotel and residence tower on the point, formerly the Trump Ocean Club, is a skyline icon.

GETTING AROUND

Corredor Sur

The highway to Costa del Este and Tocumen airport starts at the edge of the neighbourhood.

WATERFRONT

Cinta Costera

The bayfront promenade starts a short walk away in neighbouring Paitilla.

NEXT DOOR

Coco del Mar

A quieter mix of houses and low-rise buildings just inland.

THE SETTING

Bay Views

Most towers face the Bay of Panama or the city skyline.

Buying Tips for Punta Pacífica

What we check with buyers in this neighbourhood before they make an offer.

Read the HOA Budget

Luxury towers have large budgets. Look at the fee history, the reserve fund and any planned projects.

Check Rental Rules

Many towers restrict short-term rentals. Hotel-residence programmes have their own rules and costs.

Confirm the Parking

Ask how many spaces come with the unit and whether guest parking is available.

Inspect the Unit

Check windows, balconies, air conditioning and water heaters, which wear faster near the sea.

Compare the Towers

Similar apartments can vary a lot in price between buildings. We help you compare like for like.

Use an Independent Attorney

Your attorney should verify the title, liens, HOA debts and building rules before you sign.

Choosing a Building in Punta Pacífica

The tower you choose shapes your costs and lifestyle as much as the apartment itself.

Age

Earlier or Newer Towers

Earlier complexes often offer more space for the money. Newer towers have updated finishes and systems but cost more per m².

Amenities

What You Will Use

Pools, gyms, spas and concierge service raise HOA fees. Pay for the amenities you will actually use.

Views

Protected or Not

Bay-facing units on the point are hard to block. City-facing units can lose their view when new towers rise.

Hotel

Hotel-Residence Rules

In hotel-residence towers, check any rental programme, service charges and restrictions on how you use the unit.

Fees

The Monthly Cost

Ask for the current HOA fee, recent increases, special assessments and the reserve fund before making an offer.

Is Punta Pacífica Right for You?

Who tends to love it, and who might be happier elsewhere.

A Great Fit For

  • Buyers who want bay views and full amenities

  • Retirees who want a hospital close by

  • Frequent travellers who want quick airport access

  • Buyers who want concierge-style living

  • Families who want malls and services nearby

Think Twice If

  • You want a walkable street life

  • You need a house with a garden

  • You want low monthly fees

  • You prefer a historic neighbourhood

  • You want a quiet, low-rise setting

Renting It Out

Long-term demand comes from executives, diplomats and families relocating for work who want amenities and security. Rents depend on the tower, view, furnishing and parking. Short-term rentals are restricted in many buildings, so check the rules first. We pull current comparable rents before you buy.

Costs to Budget For

Plan for these on top of the purchase price.

HOA Fees

Monthly, and they vary widely with the building and its amenities. Ask for the current fee and the reserve fund balance.

Legal Fees

About 1% to 1.5% of the price for your independent attorney, plus small notary and Public Registry fees.

Property Tax

Annual, based on the registered value, with an exemption for a registered primary residence up to a set value.

Transfer Tax

Panama’s 2% transfer tax is customarily paid by the seller. Buyers pay no agent commission.

Punta Pacífica Real Estate FAQ

Where is Punta Pacífica?

On the Bay of Panama between Punta Paitilla and Coco del Mar, next to Multiplaza mall and Pacífica Salud hospital, with the Corredor Sur starting nearby.

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How much does an apartment cost in Punta Pacífica?

Based on a sample of asking prices in October 2026, a three-bedroom of about 295 m² in an established tower asks about $668,000, a two-bedroom in the hotel-residence tower about $499,000, and Ocean Reef Islands condos next door about $1.16 million to $2.15 million.

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Is there a hospital nearby?

Yes. Pacífica Salud, a modern private hospital, is in the neighbourhood.

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How far is Tocumen airport?

The Corredor Sur starts at the edge of Punta Pacífica, which makes it one of the quicker central districts to reach the airport. Travel time depends on traffic.

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Are HOA fees high?

Amenity-rich towers have higher fees than older buildings. Ask for the current fee, the history of increases and the reserve fund.

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Can foreigners buy property in Punta Pacífica?

Yes. Foreigners have the same property rights as Panamanians and can own titled property in their own name or through a Panamanian corporation or foundation.

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What are the closing costs?

Buyers pay no agent commission. Plan for legal fees of about 1% to 1.5% plus small notary and Public Registry fees. The 2% transfer tax is customarily paid by the seller.

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Can buying here help me get residency?

It can. As of September 2026, the Qualified Investor visa requires $300,000 in a first sale from a developer or $500,000 in a resale, and the Friendly Nations visa accepts titled property from $200,000. Confirm the rules with an immigration attorney.

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Can I get a mortgage as a foreigner?

Yes. Through our lending partner, qualified foreign buyers can finance up to 75% of the purchase price on titled property. Banks require proof of income.

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Is there capital gains tax when I sell?

Yes. Panama withholds 3% of the sale price or the registered value, whichever is higher, which most sellers accept as the final tax. You can instead file on the actual profit, with the 3% credited.

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Start the buying process in Punta Pacífica →

About This Guide

Written by Ken Norton, founder of Panama Properties, a licensed buyer’s brokerage. We help buyers find homes and investments across Panama City, working alongside independent attorneys, inspectors and property managers. Prices are based on advertised asking prices reviewed in October 2026. Hero photo: Punta Pacífica at night by Felipe Valduga, CC BY 2.0, via Wikimedia Commons.

Looking for an Apartment in Punta Pacífica?

Tell us your budget, the view you want, the amenities that matter to you and whether you plan to live in it or rent it out. We will compare towers, arrange viewings in person or by live video and review the building’s finances before you make an offer.

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Message us on WhatsApp at +507 6169-2453. Buyers pay no agent commission.

Panama Properties

Unit 1 Plaza Pedasí (Super Pedasí Plaza)
Pedasí, Los Santos 7401, Panama

WhatsApp: +507 6169-2453
Email: ken@panama-properties.com

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