Two-Structure Beachfront Property for Sale on Isla Taboga
Taboga
- 2 Beds
- 2 Baths
- 466 m²
$550,000
$1,180 / m²
Taboga Island Renovation and Development Opportunity
Three Taboga lots, two existing structures, and room to reimagine
Taboga, Panamá
Active
$550,000
USD$268 / m²
- 2Bed
- 2Bath
- 2,056 m²22,131 ft²
- 2,056 m²Lot
Overview
On Taboga, the Island of Flowers, this distinctive property brings together three titled lots totaling approximately 2,056 m² and two existing two-story structures. Offered for USD 550,000, it presents a substantial renovation and redevelopment opportunity on one of Panama’s best-known islands. The property is described with 2 bedrooms and 2 bathrooms. Its existing structures require substantial renovation and structural repair, and the sale is as-is. Multiple terraces, a balcony and a gazebo add character to the site, while traditional masonry and tile details offer a starting point for a considered redesign. Mature tropical vegetation, a garden or yard, a water reserve tank, a parking area, storage and internet are among the property's features. A professional appraisal for USD 600,000 was completed in May 2025. For investors, developers or buyers ready to shape an island retreat, this is a rare opportunity to bring a substantial Taboga property into its next chapter. Contact us to discuss the property and arrange a viewing.
In Short
The Taboga Island property includes three stated titled lots totaling approximately 2,056 m² and two existing two-story structures. It is offered as-is for USD 550,000 and requires substantial renovation and structural repair. A professional appraisal for USD 600,000 was completed in May 2025.
Before You Decide
- Budget for substantial renovation and structural repair; the property is offered as-is.
- Confirm lot measurements, title records and the distribution of bedrooms and bathrooms between the two structures.
- The property includes terraces, a balcony, a gazebo, mature tropical vegetation, a water reserve tank and a parking area.
- The reported May 2025 appraisal was USD 600,000; it should be considered separately from the current asking price of USD 550,000.
The existing structures require substantial renovation and structural repair. The property is offered as-is.
Highlights
- Three titled lots totaling approximately 2,056 m²
- Two existing two-story structures
- 2 bedrooms and 2 bathrooms
- Multiple terraces, a balcony and a gazebo
- Mature tropical vegetation and a garden or yard
- Water reserve tank and parking area
- Traditional masonry and tile details
- Offered as-is at USD 550,000; professional appraisal completed in May 2025
At a Glance
- Status
- Available for sale
- Asking price
- $550,000
- Asking price per m²
- $267.51/m²
- Bedrooms
- 2 bedrooms
- Bathrooms
- 2 bathrooms
- Total area
- 2,056 m²
- Lot area
- Three lots; approximately 2,056 m² total
- Structures
- Two existing two-story structures
- Parking
- Parking area; space count not specified
- Storage
- Storage feature stated
- Property type
- House and redevelopment opportunity
- Neighborhood
- Taboga
- City
- Panamá
- Listing ID
- CNV-PROP-010991
Key Facts
- Category
- Residential
- Unit type
- House Villa
- Listed
- 3 October 2026
- Last updated
- 13 October 2026
Gallery
13 photographs of this residence.
What's Included
Everything that stays with the residence.
- Traditional masonry and tile details
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
- 2,056 m² · 22,131 ft²
Parking & Storage
- Covered
- No
Interior
- Traditional masonry and tile details
Outdoor
- Garden or yard
- Multiple terraces
- Balcony
- Gazebo
- Parking area
- Water reserve tank
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $550,000
- Price per m²
- $268 / 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 asking price is approximately USD 267.51 per m², calculated from USD 550,000 divided by the structured 2,056.00 m² area.
- The property has two existing two-story structures and is offered as a renovation or redevelopment opportunity.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$268 / m²
Taboga average$904 / m²
Panama average$4,306 / m²
Asking 70% below the Taboga average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property is offered for USD 550,000 and includes three stated titled lots totaling approximately 2,056 m², two existing two-story structures, and substantial renovation or redevelopment potential. A professional appraisal for USD 600,000 was completed in May 2025; it is an appraisal figure, not a guarantee of current market value.
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- Gross yield
- —
- Net yield (est.)
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- 5-yr area growth
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- Days on market
Renovation, structural repairs, redesign, or redevelopment of the existing structures and three lots.
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, Panamá
2-bedroom house for sale on Taboga Island
Taboga, Panamá
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
Taboga, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price?
The asking price is USD 550,000.
How much land is included?
The three lots total approximately 2,056 m²; the structured area is 2,056.00 m².
How many structures are on the property?
The property has two existing two-story structures.
What condition are the structures in?
Substantial renovation and structural repair are required. The property is offered as-is.
Does the property have a water reserve tank and parking?
A water reserve tank and a parking area are included among the property's stated features; the parking-space count is not provided.
Are pets allowed, and are short-term rentals permitted?
Pet and short-term-rental rules have not been established.
What is included in the HOA, and how much is the monthly fee?
No HOA amount or inclusions are provided.
What was the appraisal amount?
A professional appraisal for USD 600,000 was completed in May 2025.
How many existing structures are on the property?
There are two existing two-story structures.
What repairs are needed?
The structures require substantial renovation and structural repair. The property is offered as-is.
Is there a water reserve tank?
Yes. A water reserve tank is stated as a property feature.
What was the professional appraisal amount?
A professional appraisal for USD 600,000 was completed in May 2025.
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Interested in Taboga Island Renovation and Development Opportunity?
Speak to our team — viewings in person or by video, usually within 48 hours.