CASA 55 in Ocean Reef Island, Panama City
CASA 55: 9 luxury pre-construction residences on Ocean Reef Island, Panama City. Curated by Boffi | DePadova. From $2.19M. Private dock, sky pool, rooftop gy…
Property Overview
CASA 55 is a curated Panama real estate opportunity in Panama City, Panama, selected for buyers comparing lifestyle, location and long-term value.
CASA 55 — Italian Design Meets the Pacific on Ocean Reef Island
CASA 55 is a boutique pre-construction project of just nine private residences on Ocean Reef Island, Panama City''s only privately owned waterfront island. Developed by Habitats in collaboration with the iconic Italian design house Boffi | DePadova and architects Bettis Tarazi, every home is an expression of A Way of Living by Boffi — minimalist, intentional, sophisticated.
What is the concept?
More than a residence, CASA 55 is a curated sanctuary where the Boffi philosophy meets island life. Furniture, kitchens, bathrooms, lighting and finishes are conceived as a single, coherent collection — Italian craftsmanship and architectural precision creating environments where light, materials and functionality coexist in perfect harmony. Only nine residences ensures absolute exclusivity and uninterrupted ocean views from every home.
Location — Ocean Reef Island, Panama City
Ocean Reef Island is Panama''s most exclusive zip code: a gated, fully serviced, privately owned island connected to Punta Pacífica by causeway, with its own marina, security and lifestyle.
- Punta Pacífica & Multiplaza Mall — 5 minutes
- Tocumen International Airport (PTY) — 25 minutes
- Punta Paitilla financial & dining district — 8 minutes
- Casco Antiguo UNESCO heritage — 15 minutes
- Hospital Punta Pacífica (Johns Hopkins affiliate) — 5 minutes
What amenities are included?
- Private boat dock on the island marina
- Sky infinity pool with Pacific Ocean views
- Rooftop sundeck & solarium
- Outdoor chef station & grill for private dining
- Rooftop gym with floor-to-ceiling glass
- Cold plunge & dynamic wellness room
- Private lobby curated by Boffi
- 24/7 concierge and security on the island
What is the unit mix?
CASA 55 offers a tightly curated mix of luxury floor-plates ranging from 299 m² apartments to two Garden Penthouses up to 675 m² and a Rooftop Penthouse of 505 m² with private terrace. Prices for available units start at $2,190,000 USD. With 4 of 9 residences already sold, only a handful of these collector-grade homes remain.
Why Invest in CASA 55
- Scarcity — only 9 residences ever built; 4 already sold pre-launch.
- Branded design premium — Boffi-curated residences command 20–30% appreciation versus comparable luxury inventory in Panama City.
- Ocean Reef Island is a one-of-a-kind asset: no new land is being created, supply is permanently capped.
- Strong rental market — luxury short-term and long-term demand from international executives, family offices and Italian/European buyers.
- Friendly Nations Visa & Panama''s territorial tax system make this an ideal residency-by-investment vehicle.
Frequently Asked Questions
Where exactly is Ocean Reef Island?
Ocean Reef Island is a private, gated waterfront enclave inside Panama City''s Punta Pacífica district, connected to the mainland by causeway. It''s the only privately owned island in Panama City.
When is delivery?
Estimated delivery is Q4 2027.
Can I customize finishes?
Yes — CASA 55 offers a curated Boffi finish palette and selected upgrades during the construction phase, depending on unit availability.
Is financing available?
Local Panamanian bank financing is available for qualified buyers (typically up to 70% LTV for foreigners with a Panama income source). International private banking solutions can also be arranged.
Property Details
- Location: Panama City, Panama
- Property Type: Pre Construction
- Price: From $2,190,000 USD
- Bedrooms: 3
- Bathrooms: 4
- Area: 299 m²
Investment and Lifestyle Value
CASA 55 offers a focused way to evaluate Panama property ownership in Panama City, Panama, with local guidance on pricing, availability, due diligence and next steps.
Explore more properties in Panama City. pre-construction projects in Panama. Alexander Barrelier — Listing Advisor.
Property FAQs
What sets CASA 55 apart in Panama City?
CASA 55 is positioned in Panama City, a part of Panama City buyers consider for its specific identity rather than as a generic luxury address.
What does the floor plan at CASA 55 look like?
Inside, the residence offers 3 bedrooms and 4 bathrooms across 299 m² of interior space. The layout is sized for full-time living rather than a pied-à-terre.
What is the asking price for CASA 55?
It is currently listed at From $2,190,000 USD. That figure should be read alongside what comparable residences in Panama City are trading at, not against a national average. Our team can run a side-by-side comparison with active and recently closed listings before you commit.
What is daily life like around Panama City?
Day-to-day, Panama City attracts owners who want quiet residential streets, controlled access and short drives to the rest of Panama City for offices, dining and international schools.
Can international buyers purchase this property?
Yes — Panama allows foreign individuals to hold real estate under the same title as nationals. Most international buyers close in their personal name or through a Panamanian holding entity, depending on their tax residency. We coordinate the legal review, escrow and closing steps once you confirm interest.