Two-Structure House for Sale on Taboga Island

On Taboga, Panama’s celebrated Island of Flowers, this as-is property offers a distinctive opportunity to reimagine a tropical island holding. Three titled lots contain two existing two-story structures, creating scope for substantial renovation, redesign, or a new development concept. The property is offered for $550,000. The house is listed with two bedrooms and two bathrooms. Multiple terraces, a balcony and a gazebo extend the outdoor spaces, while mature tropical vegetation gives the grounds an established island character. A water reserve tank and a parking area are also part of the property. Traditional architectural details include masonry and tile. The existing structures require substantial renovation and structural repair, so this opportunity is best suited to a buyer prepared to take on a significant project. Set on Calle Francisco Pizarro, the property is on Taboga, a historic island known as the Island of Flowers. A professional appraisal of $600,000 was completed in May 2025. Offered as-is, this is a chance for an investor, developer or design-minded buyer to shape a distinctive island retreat. Contact Casanova Realty to discuss the property and arrange a viewing.