VistaProp ·
Panama
ES
Palm Beach Residences
Ocean Reef, Panama City, Panama · Panama Province
- Stage
- Under construction
- Estimated delivery
- 2027
- Country
- Panama
- Type
- House Community
7 buildings on a man-made island in Panama Bay, 63 apartments of 141–350m².
Open the official 3D tour ↗
Requirements for foreigners in Panama
- No restrictions
- Same terms as a Panamanian citizen, no local partner or quotas required
- Coastal zone
- Within 10km of the coast requires a bank trust (the foreigner is the beneficiary)
- Purchase tax
- Property transfer tax 2% + notary/registration fees 3–5%
- Tax benefit
- Up to 20-year exemption on the annual property tax for new builds
Source: legalsolutionspanama.com, gruporesidencial.com
See the full guide to investing in Panama →
Frequently asked questions
Where is Palm Beach Residences?
Palm Beach Residences is in Ocean Reef, Panama City, Panama, Panama.
What stage is Palm Beach Residences at?
Under construction, with estimated delivery in 2027.
Does Palm Beach Residences have a 3D tour?
Yes — you can walk through it in 3D before it is built, on the developer's official tour.
Can a foreigner buy at Palm Beach Residences?
It depends on the country and the case. See the general requirements, taxes and closing costs for Panama, with cited sources, and confirm with the developer and a local professional.
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LOV
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Vento Azul
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Editorial content with cited sources. This is not legal or tax advice. VistaProp does not sell or act as an intermediary. Price, availability, purchase conditions and permits are reported only by the developer: confirm them on its official site before deciding.