COLóN ISLAND, BOCAS DEL TORO PROVINCE, PANAMA
Chalet for Sale in Colón Island, Bocas del Toro Province, Panama USD 619,000
PROPERTY DETAILS
DESCRIPTION
SUNSET VIEWS FROM A BRAND NEW HOME IN SAIGON BAY, ISLA COLON
This newly built home has 2 separate apartments with their own private accesses. Here, every sunset painted in golden and pink hues will be a reminder that you made the best decision. It’s not just a place to live; it’s a place to feel, to explore, and to fully enjoy
THE COMMUNITY
Saigón Bay offers the perfect balance between tranquility and convenience. Located in a safe and peaceful residential area, this community allows you to enjoy the serenity of the sea without giving up the vibrant energy of Bocas Town, which is just a 5-minute taxi ride or a 20-minute walk away.
Here, every day is a new adventure: kayaking, paddleboarding, and snorkeling are literally at your fingertips. Explore the beauty of the Caribbean from your own home. The area offers municipal water and electricity though the home also has a rainwater collection system, supported by two 4,100-liter tanks.
THE HOME
Designed with a reinforced structure and high-quality materials, this stilt house combines solidity, comfort, and elegance in perfect harmony. Built in March 2024, it stands on a sturdy foundation, adapted to Caribbean conditions, ensuring durability and stability.
The home faces west, and fiery sunsets can be seen from the verandas of the home’s two independent apartments. The property offers flexibility for both residential use and vacation rental investment. Each apartment includes two spacious air-conditioned bedrooms, a fully equipped modern kitchen, a bright and comfortable living room, an elegant bathroom with a micro-cement shower, and terraces and balconies with stunning panoramic views.
The exterior of the home is built with treated pine, ensuring resistance to humidity and longevity. The interior is fully thermally and acoustically insulated, providing a cool and quiet environment. Additionally, the property includes ample docking space for boats, allowing you to fully enjoy life on the water.
Certified as a 5-star Superhost on Airbnb, this home is a turnkey investment that offers security, exclusivity, and profitability from day one. There are posts already installed in the water to extend the rental aspect of the property with 3 over the water casitas.
THE LAND
Located in the picturesque community of Saigon Bay, this property consists of 3 separate titled lots totaling 676 m2. The land currently has a large storage unit of 24 m2 and provides ample space for new constructions. Additional to the land, the property features a 0.994.03m² seabed, where the home is located. Imagine waking up every morning with the crystal-clear Caribbean waters stretching out before you.
THE DREAM
The Sunset View Saigon Bay House is perfect for: a home and a rental
An invitation to live differently. Whether you are looking for a profitable investment, a home on the water, or the possibility of expanding with additional projects on the already installed pilings, this space has the potential to turn any dream into reality.
NEIGHBORHOOD · BOCAS DEL TORO DISTRICT · BOCAS DEL TORO PROVINCE · COLóN ISLAND · PANAMA
Bocas del Toro is a province of Panama. Its area is 4,643.9 square kilometers, comprising the mainland and nine main islands. The province consists of the Bocas del Toro Archipelago, Almirante Bay, Chiriquí Lagoon, and adjacent mainland. The capital is the city of Bocas del Toro on Colón Island. Other major cities or towns include Almirante and Changuinola. The province… (Wikipedia)
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$85
Verdict: partial
Test this investment Panama financing profile ✎ Edit
The seller has not shared rental figures. For a home like this one, long-term rents around here work out to roughly USD 56,960 / month (about USD 7.8 / m²; based on Bocas del Toro) — enter your own expected rent to see the numbers.
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Estimates only — not financial advice. Prefilled with typical panama financing profile figures — adjust to your own scenario.
Price context
This listing: USD85/m² — 96% below the median of USD1,975/m² across our 17 listings in this area.
Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums.
No map data found nearby for: public transport, water proximity, schools, daily amenities, parks & recreation — worth asking the agent about these.
Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.
Investment factors
What to look for when judging a property’s investment potential:
- ◦Public transport
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ◦Schools
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ◦Daily amenities
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ◦Parks & recreation
Green space nearby improves quality of life and supports value in dense areas.