Overwater Bungalows in Panama: Best Water Villa and Overwater Resorts [2025 Guide]
Ever thought of spending a vacation in some of the most romantic and ravishing Overwater Bungalows in Panama? This is the time you must take a decision soon as our description of some of the best bungalows in Panama shall not let you resist for a trip. Travelers who have visited here have shared their own opinions and experiences of its beauty.
Check out the list of Best Water Villa Resorts in Panama and choose the one that suits your requirements. All these below mentioned overwater bungalows have their own distinct features and beauty. Thus, a perfect vacation is definitely guaranteed by all.
1. Viceroy Bocas del Toro Panama:
The Overwater Bungalows in Panama by Viceroy Bocas draw attention quite often by tourists as it was the first real overwater bungalow for honeymooners. This luxury resort offers you everything from beauty to relaxation and from food to rejuvenation with your partner.
The Viceroy Bocas del Toro Panama (currently in development) is set to be one of the most luxurious resorts in Central America. It promises overwater villas with private plunge pools, jungle trails, fine dining, and wellness spas.
This upcoming resort aims to blend eco-conscious design with five-star luxury, making it a future hotspot for honeymooners and luxury travelers once completed.
- Total Number of Overwater Bungalows: 42
- Total Number of Rooms/Suites: 186
- Price: Starts from US$500 per night
This resort is available for booking/taking reservations at this website.
2. Cosmic Crab Resort Panama:
This is one of the Best Water Villa Resorts in Panama in a boutique manner. You would find rooms decorated in a Caribbean style with WiFi, AC, and wooden exteriors. If you are adventurous enough, enjoy lush green jungle at a little distance from this Cosmic Crab resort.
Located on Carenero Island near Bocas Town, the Cosmic Crab Resort is a colorful and lively choice. It offers overwater cabins, beachfront rooms, a restaurant with Caribbean flavors, and live entertainment.
The resort is popular among travelers who want a fun, social atmosphere with easy access to Bocas Town’s nightlife, while still enjoying the overwater experience.
- Total Number of Overwater Bungalows: 6
- Total Number of Rooms/Suites: 12
- Price: Starts from US$76 per night
- Make Reservation from this link @ here
3. Coral Lodge Panama:
Coral Lodge Panama has two delicious restaurants and a luxurious spa exclusively for its guests. It is located on the isolated part of San Blas Islands in Panama offering you complete privacy. The resort strictly follows an eco-friendly approach so that you stick to nature as long as you are there. They have special honeymoon packages too for couples.
The Coral Lodge, situated along Panama’s Caribbean coast, is a luxury eco-resort offering secluded overwater villas surrounded by coral reefs. It is an ideal destination for snorkelers, divers, and eco-conscious travelers.
With a focus on sustainability and marine preservation, the resort combines rustic luxury with untouched nature, giving guests an intimate escape.
- Total Number of Overwater Bungalows: 6
- Total Number of Rooms/Suites: 6
- Price: Starts from US$345 per night
Click here to get rates and deals
4. Punta Caracol Acqua Lodge:
Punta is one of the rare resorts that offer you breakfast and dinner all inclusive in the stay. Thus, this makes it an affordable resort. The bungalows are spacious compared to the rest and they also work on solar panels. Once you enter here, get yourself used to the posh ambiance, relaxing rooms, and delicious meals.
One of the most iconic resorts in Bocas del Toro, the Punta Caracol Acqua Lodge is built entirely over the Caribbean Sea. Its thatched-roof overwater bungalows provide direct access to the ocean.
The lodge is solar-powered and eco-friendly, offering activities like kayaking, dolphin watching, and snorkeling. It’s a great option for honeymooners and eco-travelers looking for a peaceful retreat.
- Total Number of Overwater Bungalows: 9
- Total Number of Rooms/Suites: 9
- Price: Starts from US$315 per night
- To get best deals and rates check here
5. Azul Paradise Resort:
Giving you crystal clear views of the beach waters, Azul Paradise Resort is known for various water sports activities such as, surfing, scuba diving, spa, swimming, and snorkeling. Enjoy other amazing features such as glass flooring, private deck, WiFi, and more.
Located on Bastimentos Island, the Azul Paradise Resort is known for its white-sand beaches, turquoise waters, and private overwater bungalows. It combines rustic charm with modern comforts.
Guests can enjoy island-hopping tours, diving, kayaking, and cultural experiences with the local Ngäbe community. It’s perfect for travelers seeking both luxury and cultural immersion.
- Total Number of Overwater Bungalows: 10
- Price: Starts from US$250 per night
- Check best rates and lowest prices @ here
6. Yandup Island Lodge:
Enjoy staying in a private island little far from the Caribbean coast of Panama. The Yandup has been a great choice of guests always for its distinct beauty and looks. The rates are within the budget. All the bungalows offer you private balcony, spacious bathroom, orthopedic mattresses, and a complete nature friendly environment with NO TV and WiFi.
The Yandup Island Lodge in the San Blas Islands (Guna Yala region) offers a truly authentic cultural stay. Managed by the Guna indigenous community, the lodge provides overwater cabins and beachfront huts.
Guests can explore Guna traditions, visit nearby islands, snorkel in pristine reefs, and learn about local customs. It’s best suited for travelers seeking authenticity and cultural experiences rather than luxury.
- Total Number of Overwater Bungalows: 6
- Total Number of Rooms/Suites: 10
- Price: Starts from US$277 per night (inclusive of breakfast, lunch, and dinner.)
Click here for rates and deals
7. Urraca Private Island Eco Lodge:
Enjoy staying in one of the Best Overwater Bungalow Resorts in Panama. Urraca Private Island Eco Lodge is an adult getaway place for those seeking privacy, romance, and peace. You will find rescue monkeys throughout the property who like to be fed by the guests. Enjoy kayaking, swimming, snorkeling, and sunbathing.
The Urraca Private Island Eco Lodge, located near Bocas del Toro, is a unique eco-resort surrounded by mangroves. Its overwater bungalows are solar-powered, and the lodge focuses on sustainability.
One of its highlights is its connection with rescued monkeys and wildlife conservation programs, making it both unique and family-friendly. Perfect for eco-conscious travelers and animal lovers.
- Total Number of Overwater Bungalows: 6
- Total Number of Rooms/Suites: 6
- Price: Starts from US$195 per night
To make reservation, please visit this suggested portal
8. El Faro del Colibri – Bocas del Toro:
Enjoy differently designed rooms with WiFi, TV, hot water, and small refrigerator. The resort is in the list of Best Overwater Resorts in Panama for those having a small budget with no compromise on the comfort. You will experience lots of birds, scuba diving, and snorkeling.
El Faro del Colibri is a charming boutique lodge on Carenero Island, just minutes from Bocas Town. It offers overwater cabins with glass floors, private terraces, and stunning sunrise views.
This resort is popular with couples who want a romantic yet affordable overwater experience, while still being close to restaurants and nightlife.
- Total Number of Overwater Bungalows: 6
- Total Number of Rooms/Suites: 6
- Price: Starts from US$88 per night, check latest and lowest rates here
9. Cabins Wailidup Lodge – Panama:
Enjoy staying in these relaxing cabins by Cabins Wailidup Lodge. These are one of the Best Overwater Resorts in Panama for those who wish to stay for limited days. Enjoy range of natural pools, a sunken ship, and snorkeling all in the close proximity. You will not have WiFi and TV to avoid distraction.
Located in the San Blas Islands, the Cabins Wailidup Lodge offers a rustic, no-frills island experience. Guests stay in simple cabins directly over the water and enjoy activities like snorkeling, fishing, and island hopping.
This lodge is ideal for travelers who want to disconnect from technology and experience raw, natural beauty with an authentic touch.
- Total Number of Overwater Bungalows: 6
- Total Number of Rooms/Suites: 9
- Price: Check with this page directly based on your expected day of visit.
10. Hotel Eclypse de Mar Acqua Lodge:
The resort is located amidst lush green forest. The Overwater Bungalows in Panama by this property are basic with basic facilities and the rates are also as per the budget. The list of water sports activities are long so ensure you take some time out on your stay.
The Hotel Eclypse de Mar Acqua Lodge, located on Bastimentos Island, is one of the most famous eco-lodges in Bocas del Toro. It offers overwater bungalows with glass floors, sea-view decks, and direct ocean access.
Guests can enjoy snorkeling, exploring the island’s mangroves, and even spotting sloths in the nearby nature reserve. It’s a perfect blend of eco-luxury and wildlife encounters.
- Total Number of Overwater Bungalows: 6
- Total Number of Rooms/Suites: 6
- Price: Starts from US$284 per night, get your suite/room @ best prices from here.
Hope you have enjoyed reading on the Best Overwater Bungalow Resorts in Panama.
📌 Summary Table of Panama’s Overwater & Island Resorts
| Resort | Location | Best For | Highlights |
|---|---|---|---|
| Viceroy Bocas del Toro | Bocas del Toro (Upcoming) | Luxury Travelers | Future overwater villas, spa |
| Cosmic Crab Resort | Carenero Island | Social, Budget | Colorful cabins, nightlife nearby |
| Coral Lodge | Caribbean Coast | Divers, Eco-travelers | Remote, coral reefs, sustainable |
| Punta Caracol Acqua Lodge | Bocas del Toro | Honeymoons | Solar-powered, eco-bungalows |
| Azul Paradise Resort | Bastimentos Island | Couples, Culture | Private bungalows, Ngäbe tours |
| Yandup Island Lodge | San Blas Islands | Cultural Travel | Indigenous-run, authentic experience |
| Urraca Private Island Eco Lodge | Near Bocas del Toro | Eco & Wildlife | Rescued monkeys, mangroves |
| El Faro del Colibri | Carenero Island | Couples, Budget | Glass floors, romantic cabins |
| Cabins Wailidup Lodge | San Blas Islands | Adventure Seekers | Rustic cabins, snorkeling |
| Eclypse de Mar Acqua Lodge | Bastimentos Island | Eco-luxury | Glass floors, sloths, mangroves |
Related Articles:
Overwater Bungalows in the Caribbean
Top 10 Overwater Bungalows in the South Pacific [2025 Guide]
🙋 FAQs on Panama’s Overwater Resorts
Q1. Which is the most luxurious overwater resort in Panama?
👉 The Viceroy Bocas del Toro Panama (once completed) will be the most luxurious. Currently, Azul Paradise Resort and Punta Caracol Acqua Lodge offer top-tier stays.
Q2. Which Panama resort is best for cultural experiences?
👉 The Yandup Island Lodge in the San Blas Islands is managed by the Guna people, offering authentic cultural immersion.
Q3. Are there budget-friendly overwater resorts in Panama?
👉 Yes, Cosmic Crab Resort and El Faro del Colibri provide affordable overwater experiences near Bocas Town.
Q4. Which Panama eco-resort has unique wildlife?
👉 The Urraca Private Island Eco Lodge is known for its rescued monkeys and wildlife conservation.
Q5. What is the best resort in Panama for snorkeling and diving?
👉 The Coral Lodge and Hotel Eclypse de Mar Acqua Lodge are excellent for snorkeling, while Mabul Water Bungalows (Malaysia) are famous for diving worldwide.
