Two-Structure Beachfront Property for Sale on Isla Taboga
A beachfront renovation opportunity on Isla Taboga
Taboga, Taboga
Active
$550,000
USD$1,180 / m²Negotiable
- 2Bed
- 2Bath
- 466 m²5,016 ft²
- 2,056 m²Lot
- 1Parking
Overview
Set on Isla Taboga, this beachfront property brings together a 2,056 m² parcel, three lots described as titled, and two existing two-level structures. It is a substantial renovation and development opportunity for a buyer ready to reimagine a distinctive island property. The asking price is $550,000, and the sale is offered in the property’s current condition. The property is described with 466 m² of total area, 2 bedrooms, 2 bathrooms and 1 parking space. The grounds include several terraces, a balcony, a gazebo, mature tropical vegetation and a water reserve tank. Traditional masonry details and tile roofing contribute to the existing architecture, while the two structures require substantial renovation and structural repairs. A storage area is also identified. Located on Calle Francisco Pizarro in Taboga, the property sits on the island known as Panama’s “Island of Flowers.” Its beachfront setting and historic island character frame the opportunity to renovate, redesign or explore a new development concept. A professional appraisal of $600,000 is stated as having been completed in May 2025. Contact Casanova Realty to discuss the property and arrange next steps.
In Short
The Taboga property is offered for sale at $550,000. It includes 2,056.0 m² of land, 466 m² of total area, two existing two-level structures, 2 bedrooms, 2 bathrooms and 1 parking space. The structures require substantial renovation and structural repairs. The property also has several terraces, a balcony, a gazebo, mature tropical vegetation and a water reserve tank.
Before You Decide
- Budget for substantial renovation and structural repairs to both existing structures.
- Confirm the surveyed land area because the source gives both 2,056.0 m² and approximately 2,056.15 m².
- Review the title and registry documentation for the three lots described as titled.
- Confirm zoning, permitted uses, and any restrictions before planning a redevelopment.
The existing structures require substantial renovation and structural repairs; the property is offered in its current condition.
Highlights
- Beachfront property on Isla Taboga
- 2,056.0 m² of land; three lots described as titled
- Two existing two-level structures
- 2 bedrooms, 2 bathrooms and 1 parking space
- Several terraces, a balcony and a gazebo
- Mature tropical vegetation and a water reserve tank
- Traditional masonry details and tile roofing
- Substantial renovation and structural repairs required; sold as-is
At a Glance
- Status
- Available
- Asking price
- $550,000
- Price per m² of land
- $267.51/m²
- Bedrooms
- 2
- Bathrooms
- 2
- Total area
- 466 m²
- Land area
- 2,056.0 m²
- Existing structures
- 2, each two levels
- Parking
- 1 space
- Year built
- 1990
- Condition
- Substantial renovation and structural repairs required
- Setting
- Beachfront
- Property type
- House
- Building
- Standalone property; no building name identified
- Neighborhood
- Taboga
- City and district
- Taboga
- Province
- Panamá
- Listing ID
- CNV-PROP-088899
Key Facts
- Category
- Residential
- Unit type
- House Villa
- New or resale
- Resale
- Listed
- 7 October 2026
- Last updated
- 13 October 2026
Gallery
6 photographs of this residence.
What's Included
Everything that stays with the residence.
- 1 parking space
Explore House
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Bedrooms
- 2
- Full baths
- 2
- Total
- 466 m² · 5,016 ft²
Parking & Storage
- Spaces
- 1
- Covered
- No
Outdoor
- Terraces
- Balcony
- Gazebo
- Mature tropical vegetation
- Water reserve tank
- Parking area
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $550,000
- Price per m²
- $1,180 / m²
- Cash to close (est.)
- $165,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $165,000
- Loan amount
- $385,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,371
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The stated asking price is $550,000 for a 2,056.0 m² parcel, equivalent to approximately $267.51 per m² of land using the structured land area.
- The property includes two existing two-level structures and is described as needing substantial renovation and structural repairs.
- A professional appraisal of $600,000 in May 2025 is stated; the appraisal report and valuation scope are not included here.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$1,180 / m²
Taboga average$904 / m²
Panama average$4,306 / m²
Asking 31% above the Taboga average — worth understanding what justifies it before you offer.
Investment Case
The property is offered for $550,000 and includes a 2056.0 m² parcel, three lots described as titled, and two existing structures. A professional appraisal of $600,000 is stated as having been completed in May 2025. The existing structures require substantial renovation and structural repairs.
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- Gross yield
- —
- Net yield (est.)
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- 5-yr area growth
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- Days on market
The existing structures need substantial renovation and structural repairs. The property presents stated potential for renovation, redesign, or new development.
Price History
- Listed · October 2026$550,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Taboga
Taboga
Taboga beachfront house for sale
Taboga, Taboga
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
Taboga, Taboga, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How many bedrooms and bathrooms does the property have?
The property is described with 2 bedrooms and 2 bathrooms.
How large is the land?
The structured land area is 2,056.0 m². The property description also gives an approximate figure of 2,056.15 m²; the land measurement should be verified.
What condition are the existing structures in?
The two existing two-level structures require substantial renovation and structural repairs. The property is offered in its current condition.
Is the asking price negotiable?
Yes. The property is identified as negotiable.
Does the property have parking and storage?
The property details include 1 parking space and identify a storage area; the storage size is not provided.
Are pets allowed, and can the property be rented short-term?
Pet and short-term-rental policies are not provided.
Are appliances or furniture included?
Appliance inclusions and furnished status are not provided.
Does the property have backup power or a water reserve?
A water reserve tank is identified. Backup power is not specified.
What work do the structures need?
Both existing two-level structures require substantial renovation and structural repairs. The property is offered in its current condition.
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Interested in Two-Structure Beachfront Property for Sale on Isla Taboga?
Speak to our team — viewings in person or by video, usually within 48 hours.