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Listed by David Aguirre · Panama Property Guide

1/20
House for sale

$1,250,000

566 m² house at Ocean Lakes, Buenaventura

Ocean Lakes, Villa 7, PH Ocean Lakes, Buenaventura · Buenaventura

  • 5 beds
  • 6.5 baths
  • 3 parking
  • 566 m² Interior area
  • 2014 Year built
  • $700/month Maintenance fee
  • $2,208 Price per m²

Description

Villa 7 at PH Ocean Lakes is a two-level house of 566 m², built in 2014, on a dead-end street in Buenaventura. The broker's remarks call it beachfront. Its feature list puts it on a lake facing the golf course, and that is the view from the upstairs bedrooms in the photos. It has five bedrooms and 6.5 bathrooms, plus a maid's bedroom and bathroom, a playroom, a study, a breakfast nook and a walk-in closet. The primary bathroom has a freestanding tub. Behind the house is a private pool on a stone deck. Three parking spaces come with it, including a garage. The house is sold furnished, with appliances, an alarm, a water purifier, a reserve water tank and a generator for the whole house. Maintenance is $700 a month and covers management, water, a caretaker and the common areas. Pets are allowed. The asking price works out to about $2,208 per m². Possession is immediate. Listed on the PREA MLS by House Hunters Panama; details as of 22 October 2026.

Amenities

  • Pet friendly
  • Backup generator
  • Furnished
  • Maid's quarters
  • Walk-in closet
  • Central air conditioning
  • Garden
  • Terrace

Property details

Property type
House
Status
Available
Reference
MLS-000063CE
Listing courtesy of
House Hunters Panama
Days on market
28
Availability verified
October 31, 2026
Last updated
October 22, 2026

Comparable price estimate

A research benchmark for this home's size, using similar properties in the building or area.

Not enough comparables yet

We show an estimate once at least three recent, similar homes in this building or area are on record.

Advertised prices are not completed sales or an appraisal. Condition, views, floor, seller terms and legal issues can change value. Bank guide prices may differ from the price an offer will achieve.

Home values in Coclé

Median asking price per m² of homes for sale in the area, from our monthly reading.

  • Houses

    $1,971 /m²

    23 asking prices · October 2026

    At the median, a home of 566 m² would ask $1,115,586.

    This home asks $2,208/m², 12% above the median.

See homes for sale in CocléPrices in every area

Panama Property Guide's own reading of homes listed for sale, with each building counted once so one tower cannot set the figure. Asking prices are not sale prices, and the median says nothing about a particular home's condition, view or floor.

Monthly cost

TrueCost of this property

Second home or investment

$8,989

/month

List price

$1,250,000

$250,000 (20%) down

30-year loan at 7.50%

Principal & interest
$6,992
Property tax
$563est.
Life & fire insurance
$726est.
Compare bank rates
PH fee
$700
Bank handling
$9est.
Total due at close$287,500
Discuss financingView bank ratesOpen the full calculator

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*30-year average of published bank rates: 7.83% with FECI / 7.50% rate. Source: Banco General, Banistmo and Banco Nacional tariffs, checked September 13, 2026. Not a live feed, an offer or a pre-approval.

30-year average:

7.83%

With FECI

7.50%

Rate

Averages of published starting rates, for information only. .

Location
Buenaventura
Purchase price
$1,250,000
Down payment (20%)
$250,000

Compare banks based on your situation

Rates checked by Panama Property Guide from each bank's published terms on September 13, 2026.

Property taxes

Estimated yearly tax at the asking price. The rate depends on how the home is registered.

As your main home
$6,750 a year
As a second home or rental
$10,820 a year

Ley 66 de 2017 brackets, applied progressively. Main home registered as Vivienda Principal or Patrimonio Familiar Tributario: 0% to $120,000, 0.5% to $700,000, 0.7% above. Any other property: 0% to $30,000, 0.6% to $250,000, 0.8% to $500,000, 1% above. The tax is charged on the registered cadastral value of land and building, which usually differs from the asking price, and some buildings keep construction exemptions under earlier laws. Ley 66 de 2017

Panama Property Score

A score out of 10 from our proprietary algorithm. It weighs this property's price against its area, its potential to gain value and its neighborhood.

5.0

out of 10

Poor

Price & opportunity · 40%
6.3 / 10
Appreciation potential · 30%
5.1 / 10
Neighborhood · 30%
3.0 / 10

Investment observations

  • $2,208/m², 26% above the median for similar-size homes in Coclé ($1,750/m²)

Neighborhood

  • Beach about 21 min walk

Building

  • 3 parking spaces

Area prices: median of 4 asking prices in 3 buildings for this property type from 425 to 755 m² in Coclé, including this one, with each building counted once, observed October 31, 2026. Asking prices are not sale prices. Neighborhood and construction data © OpenStreetMap contributors, as of October 31, 2026. Distances are measured in a straight line from the approximate location of the listing, and walking times are estimates. Licence

How the score works

Price & opportunity (40%): is the price per m² cheap or expensive next to properties of the same type and a similar size for sale in the same area? A price in line with the area scores about 7.5, and the further below the area it is, the closer it gets to 10. Expected rental income also counts when we know local rents, and a recent price cut or qualifying for Panama's lower mortgage rate on a first new home adds a little.

Appreciation potential (30%): signs the area could gain value, such as a Metro or rail line being built nearby, new construction around it, a good neighborhood still priced below the rest of the district, or a newer building.

Neighborhood (30%): how many shops, restaurants, bus and Metro stops, parks and schools are within walking distance.

Scores run from 3 to 10: under 5.5 is poor, 5.5 to 6.4 fair, 6.5 to 7.4 good, 7.5 to 8.4 very good, and 8.5 or more excellent. They only appear when we have price data plus at least one other part. A missing Metro line or building site nearby is left out rather than counted against the property. It is a research tool, not an appraisal, a forecast or investment advice.

Location

Approximate location shown for privacy

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5 beds · 6.5 baths · MLS-000063CE