Have you ever dreamed of living on mainland, and yet reap all the benefits of living on a high-end gated community in an island, 360 view of the ocean with your yacht docked next to your home, viewing the entire city and yet not be in it? Well, we can help you with that and make that dream a reality. Panama has evolved in the real estate market, and demand for exclusive and luxurious homes continues to grow. Following the road past Punta Pacifica in Panama City you will find something truly spectacular. An artificial island built right on the corner of this area was created to satisfy a need of land and is now one of the most exclusive places to live in Panama. The development consists of two islands (originally 3 named La Niña, La Pinta and La Santa Maria named after the 3 ships used by Christopher Columbus) and a marina, all connected to the mainland. So far, the first island on the west has been successfully built and about 80% of the lots have been sold. This first one has a total surface of 87,552.96 mts2 and 72 lots for sale. The second island of 103,251 mts2 is designed and scheduled to start construction within a year or so.
Ocean reef residents, club members and guest will enjoy a host of sumptuous amenities in a development that has much to offer. Lush landscapes, parks and recreational areas like tennis and others are featured prominently through the project. The two islands will be connected to the mainland by two bridges, making the commute to and from the mainland in the 160-meter (525 feet) bridge in only 5 minutes. It has a gate with 24 hour restricted access and monitored by trained security staff that will ensure the safety and privacy of the residents. We believe some homes will build a wall around it to increase safety, but diminishing the view. After all it is an island, so security must be a priority.
Having most of the lots and homes surpass the 1 million price tag makes this area a prime sector, where only a select few will manage to be part of, if they act quickly. We recommend checking this out, for it’s an investment worthwhile. Lots for the second island are increasing in price since demand is high. Out of the 72 lots available on the first island only hand full are left and surprisingly more than 90% of buyers have been Panamanian. Designs for homes are spectacular, and the marina will be something out of this world for it will be a Residential Marina and there will be limits on transient vessels and short-term rentals. The residents at Ocean Reef will have priority over non-resident whose lease agreements will be revocable with timely notification. An underground passageway was created to access the marina without having to drive above ground; a fleet of electric vehicles will be used for suppliers and workers.
Grupo Los Pueblos are the ones who made this Island a reality since they focuse on innovative and unique developments of the highest standards and great magnitude. They have limited the development to 138 lots between both islands, unless a 3rd or 4th are created in the future. Over the years they have built thousands of homes and condos, several shopping malls, offices, and mixed-use complexes in Panama. Without doubt they are experts in real estate and construction management giving their costumers a sense of confidence in their investments. With this Master piece development, perhaps now Panama has made a statement and can be taken more accurately when referred as the Dubai of America.
For more information check out their website, or feel free to contact us!
Recent Comments