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Oceana Residences & Sky Homes: what the luxury project inside Santa María Golf & Country Club offers

Oceana Residences & Sky Homes: what the luxury project inside Santa María Golf & Country Club offers

In short: Oceana Residences & Sky Homes is a private community inside Santa María Golf & Country Club, about ten minutes from Panama City, with minimalist-design apartments, town homes and penthouses and views of the Pacific, the city or the 18-hole golf course designed by Jack Nicklaus. It adds a pool overlooking the sea, a gym, sauna, coworking space, wine deck and pet garden, inside a club with controlled access and more than 140 restaurants, schools, banks and hotels in the surroundings. Radar Panamá explains how the project is organised, which collections it offers and what kind of investor it makes sense for, based on the analysis by the Inversiones y Negocios en Panamá portal.
Contents of this article
  1. Where Oceana is and what Santa María is
  2. The Jack Nicklaus golf course
  3. The collections: Residences and Sky Homes
  4. Project amenities
  5. Which investor it makes sense for
  6. Frequently asked questions
  7. Sources

Where Oceana is and what Santa María is

Santa María Golf & Country Club is a planned community east of the capital, next to the Corredor Sur motorway and a few minutes from Tocumen airport and Costa del Este. It combines residences, a business district, schools, its own shopping centre and a golf course, all with checkpoints and private security. Oceana occupies a plot inside that club, which gives it direct access to the Golf Club, the Country Club and the Village Center without leaving the grounds. As Inversiones y Negocios en Panamá describes it, nearby there are “more than 140 restaurants, educational institutions, banking services, shopping centres and luxury hotels”.

10 minutes

Approximate distance to downtown Panama City via the Corredor Sur.

Gated community

Controlled access and 24-hour security inside the club.

Views

Of the Pacific Ocean, the city or the golf course, depending on the unit.

Services

Golf Club, Country Club and Village Center reachable on foot or by golf cart.

The Jack Nicklaus golf course

The Santa María course is a Nicklaus Design layout of 18 holes and 7,153 yards, one of the few championship courses within the metropolitan area. For Oceana it works as landscape: the units in the Residences and Sky Homes collections were designed to bring those views in through the terraces and floor-to-ceiling windows. For the investor, golf brings a specific audience, foreign executives and families who value living inside a club, and a barrier to entry that limits comparable supply.

The collections: Residences and Sky Homes

The project is organised into two main lines, The Residences Collection and The Sky Homes Collection, with several unit types within each.

Collection What it offers Who it is for
Residences Contemporary apartments with Pacific views and well-proportioned floor plans Primary residence or executive rental
Residences Plus 180º Option to extend the terrace and adapt rooms: den, study or maid’s room and bathroom Anyone who wants to customise the layout
Town Homes Two-level units with private terraces on the second floor and the roof Families looking for house-style space inside the club
Pool Deck Large common areas designed for entertaining, light from every direction and views of the greenery of Santa María Anyone who hosts and entertains at home
Penthouses Extensive terraces for private dinners, events, yoga or a garden of one’s own Luxury buyers who plan to live there themselves

Project amenities

  • Pool with views of the Pacific Ocean.
  • Fully equipped gym and sauna.
  • Coworking space for those who work remotely.
  • Game rooms and a terrace for social events.
  • Bar and wine deck with wine racks.
  • Pet garden.
  • Access to the Golf Club, the Country Club and the Village Center of Santa María.
Key fact: the coworking space and the pet garden answer two changes in the recent foreign buyer: remote work by executives and high-income digital nomads, and relocating with animals, which the National Immigration Service and the Ministry of Agricultural Development allow with a health certificate and home quarantine.

Which investor it makes sense for

Oceana is the most luxurious option among the residential projects Radar Panamá compares for foreign investors. It makes sense in three cases:

  1. A high-end primary residence for anyone moving to Panama who wants to live inside a club with schools and services close at hand.
  2. Executive rentals to multinational directors and foreign families seeking security and golf, a segment with lower turnover and higher rent per square metre.
  3. Value preservation in an area of limited supply, where appreciation depends more on the scarcity of land inside the club than on the general market cycle.

As with any purchase in Panama, the title, the promise of sale and the applicable exemptions should be reviewed with a lawyer before signing; the process is detailed in the guide to buying property in Panama as a foreigner. Anyone also seeking residency can combine the purchase with the programmes described in the guide to residency by investment.

Want to get to know Oceana in detail?
Inversiones y Negocios en Panamá, a portal specialising in investment opportunities, real estate projects and advice for those who want to invest or settle in the country, publishes the full project profile and guides the foreign buyer in their decision.

See Oceana, a real estate project for luxury investment in Panama

Frequently asked questions

Where is Oceana Residences & Sky Homes located?

Inside Santa María Golf & Country Club, a private community east of Panama City, about ten minutes from downtown via the Corredor Sur.

Which collections does the project offer?

Two main lines, Residences and Sky Homes, with the Residences, Residences Plus 180º, Town Homes, Pool Deck and Penthouses unit types.

What amenities does it have besides golf?

A pool overlooking the Pacific, gym, sauna, coworking, game rooms, an events terrace, bar, wine deck and pet garden.

Who designed the golf course?

Jack Nicklaus, through Nicklaus Design: 18 holes and 7,153 yards inside Santa María.

Why invest inside a country club?

For the security and controlled access, the limited supply of land and the rental demand from foreign executives and families seeking that environment.

Can a foreigner buy at Oceana?

Yes. Panama grants foreign buyers the same rights as nationals over titled property.

Sources

Radar answers

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By Daniela Bohórquez

Daniela Bohórquez is a writer at Radar Panamá. Venezuelan, 30, she writes about travel, tourism and business, with special attention to reviews of destinations, hotels and services. She lives between Panama, Italy and New York, which gives her a comparative view of how business is done in each market.

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