"Ocean Reef" - An island in the heart of Panama City

Ocean Reef

The two artificial islands “Ocean Reef” in Panama City, which are connected to the city by a private road, were created with the help of the German company Bauer
The quality and location of this island property is unique in Latin America, as it is located directly in front of the center of Panama City
The two islands are connected by a marina with 170 jetties
The properties and plots on island 1 are completely sold, while new properties are currently being built on island 2, which are also suitable as an investment, as these flats start from approx. 120sqm
This means that yield properties on Ocean Reef are available for the first time
There was already demand for rental apartments, but so far no supply. This is now changing

I – Klaus Happ, owner of Frapan Invest – have also invested in an apartment on Ocean Reef and explain my reasons for the purchase.

In 2023, construction of a new residential project on Ocean Reef started, with many units already sold
In the project “The Palms“, 63 apartments are being built on Ocean Reef, which offers pools, beach club, restaurant, wellness & Co.
With only a limited number of plots left on Ocean Reef, this is likely to be the last project of its kind
Tennis, volleyball, squash, big gym, etc. are available for both islands
Most of the buyers on island 1 were wealthy locals
On island 2, you can find international investors from all over the world
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RESALES are also available on Ocean Reef for the first time. These are already completed apartments that are now for sale on Ocean Reef. You can also find them on our homepage.
If you believe in Panama’s story as the “Hub of the Americas” (Singapore of Latin America) and see that many investors are looking for locations outside their home country, then “Ocean Reef” is certainly a very interesting real estate location in Panama City
Additionally, you can earn money by renting and you can realize your “Plan B” for a second residence
The location is unique, the offering limited and the construction quality is very good
Please contact us for further information (price lists, floor plans, etc).