The Value of an Ocean Reef Islands Investment

Where do you dream of retiring? Before the construction of the luxurious Ocean Reef Islands has even been completed, the new Panama islands have quickly become one of the world’s most desired locations for retirement. The $400 million luxury home development is not only alluring because of the tranquil beauty of the tropical Panama surroundings but because of the world class amenities and unsurpassed value. So why invest in one of these 2-3 level, spacious, decadently designed low-rises?

“Panamanian real estate may very well be a safe place to shelter your wealth from today’s economic chaos.”
- Conde Nast Traveler

“Panama is the new Central American bargain where the US dollar- the market currency- goes a long way.”
- Business Week

“Panama makes itself over as its lenient tax structure and strong economy attract investors and entrepreneurs.”
- Forbes, 2008

“The new Florida: Panama’s quality health care, low costs, and proximity to the states are attracting American professionals as a retirement haven.”
- Jessica Ramesch, International Living

For more information on real estate investments in the Oceans Reef Islands, contact Hurwitz James Company, the islands’ exclusive representation for marking and sales.

Listen to the Travel Experts & Discover Panama’s Rich Culture

As we watch the first man-made islands in Latin America become a reality, we are watching the expansion of one of the most luxurious, first class infrastructures in the world. Adding to the already historically and culturally rich country of Panama, the Oceans Reef Islands will be located off of the coast of the exclusive residential and commercial area of Panama City known as Punta Pacifica. Hurwitz James Company is honored to be a part of history as the sole listing provider for the Ocean Reef Islands Project. In case you have not explored what Panama has to offer, here are some quotes from the travel experts to inspire you.

Forbes Traveler says . . .
“Long heralded as the Next Costa Rica, Panama is actually more culturally diverse.”

The Telegraph says . . .
“Those who missed the boat in Miami and found Costa Rica inadequate and too costly, set their sights on this sliver of a country… Many expat retired people have also been enticed into investing in property here because of Panama’s easy access to both oceans, abundance of flora and fauna, by a favourable climate – which conveniently lies south of the hurricane belt – and most importantly the infrastructure… In short, Panama has a slice of everything and something for everyone.”

Escapeartist.com says . . .
“The haven of the 21st Century.”

To learn more about real estate opportunities in the Ocean Reef Islands, contact Hurwitz James Company at 888.681.5902.

The Razor Makes Headlines

One of the Hurwitz James Company’s featured listings has made the news recently.  The Razor, as the house is called, is just as much of a work of art as it is a house and AOL Real Estate has published and article about it.

The Razor Makes Headlines

This house is a work of art with an amazing view.

The Razor sits on the coast of the Pacific Ocean in La Jolla, a San Diego Suburb.  The original owner of the house commissioned architect Wallace Cunningham to build the home – the building cost alone of the unfinished construction is $34 million.

It is being auctioned off soon with a minimum bid of $16 million – less half of the construction cost and far below the original $45 million asking price.

The house was never built with the intention of selling it, but as the market began to turn, the owner decided to move and put the house on the market before completing the interior.

Because of the length of time that the house is on the market, the house will be auctioned on September 28 with a starting bid of $16 million and increase in increments of $100,000.

Check out the full article over at AOL Real Estate.

Travel Experts Recommend Panama

As you know, Hurwitz James Company is the exclusive listing provider for the Ocean Reefs Island project and it’s exciting to see the islands become a reality as construction continues.

You’ve heard us say what a great place Panama is for a second home or for a luxury getaway, but you don’t have take our word for it.  Here are just a few of the things that travel experts are saying about Panama.

Travel Experts Recommend Panama
“In Panama, a slim-waisted tropical nation about the same size as South Carolina, you can find sweeping rain forests teeming with exotic animals and birds, cloud forests cloaking the summits of rugged mountains, and vibrant indigenous cultures that predate the conquistadores. A cornucopia of wildlife wonders side by side with fortresses and sleepy colonial villages, Panama is a country just awakening to its vast potential.”

- National Geographic Traveler

“A secret the rest of the traveling world has yet to discover.”

- Lonely Planet’s Central America

“Panama is far too attractive to be kept a secret for long”

- Frommer’s Panama

Those are just a few of experts who agree that Panama is one of the greatest places in the world.  There are plenty more who agree with them and we will share those with you in the weeks ahead.

If you would like to get information on how you can experience life in a luxurious and exclusive island home, contact Hurwitz James Company today.

Enjoy The Benefits of a Private Concierge at Ocean Reef Islands

Hopefully you know by now that the Ocean Reef Islands will be a luxurious and exclusive place to call home.  There will be amazing views and incredible amenities.  There will also be a world-class concierge service.

Enjoy a Private Concierge Service

Want to schedule a deep sea fishing trip? Your private concierge can handle that.

Ocean Reef owners will have exclusive access to a private concierge service.  They will be able to handle everything from dinner reservations to scuba diving or deep see fishing excursions, booking a tennis lesson, a day of relaxing at the spa, or a trip to a secluded island by helicopter, the Ocean Reef concierge service can take care of it.

The Ocean Reef concierge service provides everything for the ultimate leisurely living.  They can also handle property management for owners that will make second home ownership on the island hassle free.

Hurwitz James Company is excited to be the exclusive listing agent for the Ocean Reef Island homes.  Whether you are looking for a luxurious place to live or an exclusive locale for a second home, contact Hurwitz James Company today to get information on how you can make Ocean Reef Islands your home.

photo via Emrys.Roberts

See Ocean Reef Islands Via Live Feed

As you know, Hurwitz James Company is very excited to be a part of the Ocean Reef Islands project and proud to be the exclusive listing agent for the luxury homes being built there.

Ocean Reef Islands Live

It may not look like much now, but its in the process of becoming an exclusive community.

The islands themselves are an engineering masterpiece and are still being built.  Did you know you can view live video feeds of the construction underway?

At the Ocean Reef Islands website you can see 4 different live cameras showing the construction that is being done.

The first camera shows a live feed of the bridge that will eventually connect the Ocean Reef Islands to Punta Pacifica.

The second camera may be the most impressive.  It shows the construction of the two Ocean Reef Islands.  Right now they are emerging from the ocean.  Eventually they will be two complete islands joined by a bridge and home to a luxurious and exclusive community!

Take some time to look at the video feeds and stay up-to-date with the progress of the Ocean Reef Islands as they come closer and closer to completion.

For information on how the future islands can be your new luxury residence, contact Hurwitz James Company today.

World Class Amenities at Ocean Reef Islands

It will be tough, if not impossible, to find a more luxurious development than the Ocean Reef Islands.  Ocean Reef Islands is being created for those that desire the finer things in life.

World Class Amenities At Ocean Reefs Islands

The amenities at Ocean Reefs Islands are unmatched.

Ocean Reef Islands will be the only place in the city where you can experience a serene and private island experience.  The spectacular views of the Panama Canal and a backdrop of the Old Quarter cannot be beat.

Here are a few of the world-class amenities you’ll find on this exclusive residential island community.

  • Ocean and city views
  • Lush landscaping
  • Recreational parks
  • Tennis courts
  • Private residential marina
  • Heliports
  • Spa and Gym
  • Yacht charter service

These are just a few of the perks to calling this luxurious island development home.  If you’d like to see all of the benefits, visit the website for the development.

If you’re interested in learning more about how you can call the Ocean Reef Islands your home, contact Hurwitz James Company today.

Ocean Reef Islands Marina, Destination For Luxury

One of the many amazing and luxurious features of the Ocean Reef Islands project is the marina that is going to be built between the islands.

Ocean Reef Island Marina

The Ocean Reef Islands Marina will be a residential marina.  This means it will limit transient vessels and short-term rentals.  Ocean Reef residents will also have priority over non-residents for marina usage.

That being said, the marina is independent of the Ocean Reef Islands.  Slip owners will access a parking area and take an electric car to the marina along a path that is 3 meters below the level of the home sites, preserving their privacy.

Home sites adjacent to the marina will have direct access to the marina – all others will have to exit the islands and go through the access control of the marina.

Hurwitz James Company is very proud to be a part of this monumental project.  If you would like sales information about Ocean Reef Islands, contact Hurwitz James Company today.

Panama City A Perfect Fit For Luxury

We previously told you about the Ocean Reef Islands project that is currently underway.  This exciting manmade island duo will be home to 200,000 square meters of luxury property.

Panama City The Perfect Fit For Luxury

Panama City has many features that make it the perfect fit for Ocean Reef Islands.

The islands will no doubt be luxurious, but the surrounding area also offers up some great benefits as well.  The city of Panama is unique thanks to its geographic location and multi-national appeal.

In panama you can be in a modern capital city but still be just miles from untouched rain-forest, white sand beaches, and colonial ruins.  This makes Panama, and especially the Ocean Reef Islands, a perfect retirement or vacation residence.

In Panama, any foreigner can own property under the same laws as Panamanian citizens.  Financing is very similar to the US – the financing rates are the same as well because they use the US dollar as the national currency.

As an added bonus incentive, new properties have a 20 year exoneration period where you will pay no property tax.

If you’d like to find out more about how the Ocean Reef Islands can you your new luxury residence, contact Hurwitz James Company today.