Punta Pacífica

About Punta Pacífica:

Punta Pacífica takes up the shoreline east of Punta Paitilla. Vía Israel and Multiplaza Pacific mark the landward side, the Bay of Panama wraps around the rest, and Boca La Caja begins on the far side. None of these lines is official: on the Paitilla side most people put the change where the older concrete towers give way to glass and the hospital. Inside, the streets are named after headlands. Calle Punta Colón runs past The Ocean Club and Oceanía Business Plaza, Calle Punta Darién past Torres de las Américas and the mall, and Boulevard Pacífica carries most of the traffic. A private, gated road leads out of the neighbourhood to Ocean Reef Islands, two reclaimed islands of house lots and low-rise buildings with their own marina, which are sold as a separate community.

The land was zoned from the start for commercial use and high-density housing. Two lots were reserved as public space, and only one survives: a triangle in the middle of the urbanización known as Gold Point. By 2022 there were 44 buildings, 28 of them finished between 2005 and 2009, and only eleven more were completed in the decade that followed. Heights kept climbing: the first towers averaged 32 floors, those of the 2010s 53. The landmark is The Ocean Club, 70 storeys and 284 metres, which opened in 2011 as the Trump Ocean Club and now combines the JW Marriott hotel with private residences. Aqualina, Venetian Tower, Bahía Pacífica, Bellagio, Bellamare and Aquamare stand around it, and Pacific Point, a gated complex on 300 metres of coastline, added its 48-floor Torre 400 in 2022.

The hospital shapes the neighbourhood more than any single tower. Hospital Punta Pacífica opened in 2006, is affiliated with Johns Hopkins Medicine International, and counts medical tourism as part of its business, so consultorios, labs and visiting patients’ families are part of the street life. Multiplaza Pacific covers the shopping, with its Luxury Avenue wing, cinemas, restaurants and terraces, and supermarkets sit inside the neighbourhood. The office towers of Torres de las Américas and Oceanía Business Plaza bring a weekday workforce, which is why the boulevard is busiest at office hours. Gold Point aside, there is little public green space, and most errands beyond the tower cluster mean getting in a car.

Residents are executives, Panamanian and foreign families, doctors, and retirees who want a hospital within walking distance. The Corredor Sur has its own exit into Punta Pacífica, which makes Tocumen airport and Costa del Este quick outside rush hour; the other ways out are Vía Israel and the streets through Paitilla to Avenida Balboa. There is no Metro station. Prices per square metre sit at the top of the corregimiento, above Paitilla, Avenida Balboa and the inner streets of San Francisco. You pay for newer construction and amenity floors, while Paitilla still gives more space for the same money.

Apartments for sale in Punta Pacífica:

Stock runs from one-bedroom units to penthouses, and the large apartments often come with a maid’s room and several parking spaces. When you buy apartments for sale in Punta Pacífica, you buy under propiedad horizontal: a private unit plus a percentage share of the common areas, governed by a reglamento that decides on pets, renovations, rentals and stays of a few nights. The cuota de mantenimiento pays for staff, security, generators, elevators, insurance and amenity floors, and in towers with several pools and a sky lounge it sits at the upper end of what the city charges. Parking spaces and the depósito may be registered as their own fincas or simply assigned to the unit, and the difference shows in the price. Most buildings here are now 15 to 20 years old, the point at which elevators, glass façades, pumps and waterproofing start to need money, so ask for the reserve fund balance and any approved special assessments before you sign.

Apartments for rent in Punta Pacífica:

The tenant base is long-term: executives on corporate packages, doctors and specialists working at the hospital, and families relocating to Panama. Many units are let furnished. Patients and relatives who need a few weeks near Hospital Punta Pacífica also look here, but whether a building accepts stays that short is up to its reglamento, and some towers refuse them outright.

Offices in Punta Pacífica:

Punta Pacífica is one of the few residential neighbourhoods in the city with its own office cluster. Torres de las Américas combines class A offices with a commercial floor and a convention centre, and the towers of Oceanía Business Plaza hold offices and serviced workspace. Medical offices near the hospital are a niche of their own, sold and rented under the same PH regime as the apartments.

New developments in Punta Pacífica:

Very little land is left, so new projects come one tower at a time. Allure at Punta Pacífica, a single tower by Emporium Developers, is under construction for delivery in 2027, with three-bedroom units from 115 to 302 square metres. Mantra is in pre-sale with furnished studios and compact apartments starting under 30 square metres, some of them lock-off units, aimed at investors. Before you sign a promesa de compraventa, confirm the delivery date and the penalty if it slips, and check that the draft reglamento allows the rental model you are counting on.

Frequently asked questions:

• Where exactly does Punta Pacífica start and stop?

  There are no official lines. In practice it runs from the glass towers and the hospital on the Paitilla side to Boca La Caja, and from Vía Israel to the water. Ocean Reef Islands is reached through Punta Pacífica but is a separate gated community, so check which one an advert means.

• Do the streets flood?

  They can. Heavy afternoon storms have left several streets under water and traffic stuck for half an hour or more, and it happened again in 2026 outside one of the neighbourhood’s supermarkets. This is street flooding during downpours, not the river flooding of Juan Díaz. Ask the administration whether water has ever entered the garage and whether the building has pumps.

• Why do maintenance fees vary so much between towers?

  The cuota is set by each building’s budget and divided by each unit’s share. A tower with a hotel operation, several pools, a spa or a large staff costs more to run than a plainer building next door. Ask for the current budget, the latest owners’ meeting minutes and a paz y salvo showing the seller is up to date.

• How many parking spaces come with a unit?

  It depends on size and building: one for a small unit, three or four for a large one. Visitor parking is limited. Confirm in the Registro Público whether each space and the depósito is a separate finca or an assigned common area.

• Can a foreigner buy here?

  Yes. Foreigners have the same ownership rights as Panamanians, and the title is recorded in the Registro Público. Make sure the unit and its parking are free of liens before you close.