Hi,
Viviana Diaz here with your update from Olas del Mar at Playa Caracol, Panama.
I’ve got some fantastic news about Playa Caracol which I’ll get to in just a moment.
But first, I’m happy to report that construction is progressing well at Olas del Mar. Deliveries remain on course and are expected to begin in mid-2026.
And now for the big news… A Margaritaville Beach Resort and Residence is coming to Playa Caracol!
It’s a huge milestone on the path towards Playa Caracol becoming a truly international destination.
Olas del Mar owners, and their guests, will have access to the Margaritaville dining experiences such as the 5 o’Clock Somewhere Bar and License to Chill Bar & Grill.
There’s great news elsewhere in Playa Caracol too. Phase one of Surfside Hotel is now open, and it looks incredible. As an owner at Olas del Mar you’ll have access to all the amenities.
Phase one of the Surfside Hotel is now open. As an owner at Olas del Mar you’ll have access to all the amenities.
We’ve got some great new videos from the developer showing you what you can expect from the Surfside Hotel and also the new Surfside restaurant which you can find a little further down the page.
Remember that the Smart Money Homes team and I are your point of contact for all Olas del Mar enquiries. You can email us at info@smartmonepyhomes.com.
Margaritaville is Coming to Playa Caracol
Margaritaville is Coming to Playa Caracol!
The Margaritaville Beach Resort & Residences, Playa Caracol is slated to open mid-2027. It’s a collaboration between Margaritaville and Grupo Los Pueblos. Margaritaville will offer a mix of accommodations as well as permanent residences.
Olas del Mar owners will be able to enjoy the signature Margaritaville experiences like the” 5 o’Clock Somewhere Bar” and “License to Chill Bar & Grill”.
The tropical beaches at Playa Caracol are stunning. No wonder Margaritaville want in.
This is an incredible development for Playa Caracol. Margaritaville is a global brand that sees more than 20 million visitors each year. It will bring Playa Caracol to a whole new audience.
Alfredo Aleman, CEO of Grupo Los Pueblos, said “we are thrilled to bring the Margaritaville lifestyle to a destination as distinct as Panama. As a modern metropolis and regional hub, Panama City offers world-class services, including international banks, malls, hospitals, cruise terminals, convention centers, and the region’s best-interconnected airport. Our beachfront location boasts a comprehensive amenities program designed to guarantee an unforgettable living experience.”
Your Olas del Mar Construction Update
Construction at Olas del Mar is progressing well, and the construction team remains on target to achieve the scheduled delivery date of mid-2026.
I’ve included a roundup of the latest progress below:
- Building 3 has been built to level four.
- Building 4 has been built to the ground floor. The concrete slab has been poured.
- Building 5 has been built to level one.
Construction at Olas del Mar is on schedule, progressing towards delivery in mid-2026. As you can see, your condo at Olas del Mar will be just steps from the Ocean.
In the photo below, can see in the photo that the swimming pool already has water in it. The pool is in use, and looks amazing, but I’d like to remind you that there’s more to come.
The Olas del Mar community will have another pool of similar size right next to the existing one.
The community swimming pool you can see here is only half of what Olas del Mar will feature when completed.
The Surfside Hotel is Now Open at Playa Caracol
The luxury Surfside Hotel is open for business. The pool, restaurant and amenities are complete, and guests are arriving.
This is the start of a new phase for Playa Caracol. It’s about to become the Pacific Riviera’s leading destination.
When RETA members like you bought at Olas del Mar this year, the beach club had already opened its doors. Now the luxury hotel is open…and you’ll have access to all the amenities. The beachside pool, the gym, the restaurant and sports bar are all available to Olas del Mar owners and their guests.
Surfside Hotel is now open for business! Owners at Olas del Mar will be able to get access to all the amenities.
The developer shared this video of Surfside Hotel and some of the attractions you can enjoy in the areas close to Playa Caracol. I think you’ll agree it looks amazing.
Click here to watch the Surfside Hotel video.
The Surfside Hotel Restaurant is also Open
The Surfside restaurant has opened too! There are now two excellent restaurants in Playa Caracol, plus the beach bar which serves freshly caught seafood and other light snacks.
The developer shared this video to give you an idea of the restaurant and some more of the amenities you can enjoy…like a massage on the beach by the ocean, surf lessons, and yoga classes.
The restaurant at Surfside Hotel is now open!
And remember, Olas del Mar owners like you will have access to these amenities.
Click here to watch a video showcasing the amenities at Surfside Hotel.
That’s all from me for now.
Before I go, remember to email the team and I at info@smartmoneyhomes.com with any questions you may have about your Olas del Mar condo.
Yours sincerely,
Viviana Diaz
Chief Real Estate Advisor with Smart Money Homes
