Islands for Sale in Panama

Latest listing added: February, 2023

Islands for sale in Panama
Credit: Islands in Panama | Unsplash

Headlined by the Pearl Islands, Panama’s archipelago landscape is of growing interest to the world’s jet-setters and property investors. The country, which borders both the Caribbean Sea and the Pacific Ocean, surpasses itself as a haven for recreation and leisure – regardless of its modest size.

Pairing visual beauty with natural biodiversity, Panama’s islands cater to all criteria: from well-connected social hubs to remote sanctuaries lined with coconut palms and crystalline shores.

In total, the Central American nation harbours more than 1,400 islands – from locations in the Caribbean Sea to the Pacific and even the Panama Canal.

There are few limitations placed on foreign investment in Panama, with many islands being sold as freehold properties – granting the purchasing party full ownership of the land.

Another of Panama’s attractions is its tropical climate – the perfect accompaniment to ecological diversity and unspoilt landscapes. The average annual temperature throughout the country is 27°C, with median highs reaching 35°C. Though, given its tropical nature, Panama does endure a wet season from May until December – the months between are typically dry. 

13 Private Islands for Sale in Panama

Panama: Private Islands in Numbers
Private islands for sale: 13
Median island size: ~50 acres (202,343 SQM)
Median island price: ~$4,500,000 USD
Median island square meter price: ~$14 USD

Gibraleon Island ($13,000,000)


  • Location: Balboa District, Isla del Rey
  • Size: ~227 acres, ~92 hectares
  • Description: 10km from shore, 10km south of Contadora Island, 13km NW of San Miguel
  • Ownership: Freehold
  • Development: Non Developed
  • ListingGibraleon Island
  • MapSee on Google Earth

One of the northernmost Pearl Islands, Gibraleon Island is a plot of cultural fame and natural splendour – the 227-acre property was the setting for a season of the US television show “Survivor”.

An extension of its parent archipelago, Gibraleon is characterised by crystalline waters, soft-sand shores, vibrant flora, and diverse wildlife.

Specifically, the property’s headline features include eight beaches, a natural bay ideal as a marina, whale watching and fishing opportunities, plus proximity to neighbouring islands and Panama City.


Aguja Island ($12,500,000)


  • Location: Balboa District, Isla del Rey
  • Size: ~3,700 acres, 1500 hectares
  • Description: 150m from shore, 13km SE of San Miguel, 97km SE of Panama City
  • Ownership: Freehold
  • Development: Non Developed
  • ListingPanama Realtor
  • Map: See on Google Earth

Expansive and diverse territory, over 18 kilometres of premier ocean frontage, abundant wildlife, dense flora, natural anchorages with deep water access, and valuable isolation – the allures of this listing cannot be overstated. 

Spanning an excess of 1500 hectares (seven-and-a-half being Isla Aguja), this listing is divided between a large parcel of Panama’s famous Isla del Rey and the entirety of Isla Aguja. Given the sheer scale of the property on offer, there is, understandably, a valuable diversity of landscape: investors can expect pristine beaches, rocky outcroppings, sheltered coves, thick forestland, natural springs, and varying topography. 

A developmental master plan, pertaining to 160 hectares of the land and formulated by three international architectural firms, is also included in this property’s sale.

An unprecedented investment opportunity with vast scope.


Puerco Island ($11,000,000)


  • Location: Balboa District, Isla del Rey
  • Size: ~160 acres, ~64.7 hectares
  • Description: 200m from shore, ~17km southeast of San Miguel, ~100km southeast of Panama City, ~37km southeast of Contadora Island
  • Ownership: Freehold
  • Development: Non Developed
  • Listing: Isla de Puercos
  • Map: See on Google Earth

Part of the Pearl Islands, Isla Puerco commands a prime location within the Gulf of Panama – offering, not only, direct access to the neighbouring hub of Isla del Rey but also convenient access to the country’s capital. 

Puerco is a sizable investment, being both one of the largest islands on the Panamanian market and one of the most expensive (at $11,000,000).

The property’s vast breadth contributes to its richness of landscape – sand beaches line Puerco’s shores while dense vegetation, abundant with wildlife, populates its interior.


Porcada Island ($10,800,000)


  • Location: Chiriquí Province, Quebrada de Piedra
  • Size: ~924 acres, ~374 hectares
  • Description: 400m from shore, ~79km east of David
  • Ownership: Freehold
  • Development: Developed
  • Listing: Vladi Private Islands
  • Map: See on Google Earth

Escape to your own self-sufficient paradise on Isla Porcada, a stunning private island located just off Panama’s Pacific Coast with lush tropical landscapes, a freshwater spring, and plenty of ground water.

Currently used as a holiday retreat and cattle/horse ranch, Isla Porcada also offers potential for development into a golf resort, private hideaway, or even a stud farm. With its own reliable electricity connection and good cell phone coverage, this island is the perfect place to disconnect while staying connected.

Enjoy complete privacy in the owner’s residence, or relax in the farm house, caretaker’s house, or one of the four staff buildings. Plans for an additional guest house on the island’s plateau are already in place, further increasing the island’s tourism potential.

Access the island by boat or waterplane, or even reactivate the now overgrown runway with the proper authorizations.


San Pedro Island ($5,000,000)


  • Location: Chiriqui, Rio Chiriqui Nuevo
  • Size: ~4,655 acres, ~1,884 hectares
  • Description: 30m from shore, 5km SW of David, 11km SW of E.M. Airport
  • Ownership: Information upon request
  • Development: Non Developed
  • Listing: Vladi Private Islands
  • Map: See on Google Earth

San Pedro Island is a tropical paradise waiting to be discovered. This stunningly beautiful island boasts endless beaches, a gentle surf, and a pleasant climate, surrounded by lush vegetation and the sound of the palms waving in the breeze. The island is home to a variety of wildlife, including monkeys, sea turtles, and a myriad of bird species.

This flat island features its own tropical forest, with many species of indigenous plants and trees such as banana plants. Freshwater streams and drilled wells provide ample water supply. The island is located in the Gulf of Chiriquí, one of the world’s premier fishing locations for species like Black Marlin, Blue Marlin, Swordfish, Cubera Snapper, Yellowfin Tuna, and Wahoo.

Spanning over 4,655 acres, the island is mostly a mixture of rich black dirt and sand, which allows for excellent drainage and the perfect environment for plant growth. San Pedro Island is currently only accessible by boat, making it an exclusive and private oasis.


San José Islands ($4,500,000)


  • Location: Chiriquí Province, Boca Chica
  • Size: ~50 acres, ~20 hectares
  • Description: 6km from shore, ~32km southeast of David
  • Ownership: Information upon request
  • Development: Non Developed
  • Listing: Panama Realtor
  • Map: See on Google Earth

Another island trio, these connected properties offer white-sand beaches, native forestland, abundant land and marine life, and pockets of developable land. 

The three entities, comprised of a main island (16 hectares) and two smaller plots (3.3 hectares and 1.3 hectares, respectively), combine for a total of 20 hectares and are located just off the limb of Boca Brava – one of Chiriquí Province’s largest islands. 

Not only are the islands themselves natural havens, but they also stand to serve as a gateway to the landscapes beyond. The waters surrounding San José are noted for their marine diversity, with adult humpback whales and their young migrating along the coast between September and November. The nearby mainland also shines as a hub for outdoor adventure, offering activities such as hiking, rafting, climbing, and ziplining.

As gateways to Panama’s great outdoors or as private sanctums, the San José trio make an attractive pitch to prospective investors.


Island Quartet ($4,000,000)


  • Location: Colón Province, Portobelo
  • Size: ~45 acres, ~18 hectares
  • Description: 700m from shore, ~4km north of Portobelo
  • Ownership: Leasehold
  • Development: Partially Developed
  • Listed on: Private Islands Inc
  • Map: See on Google Earth

This stunning group of islands, situated just 5 minutes by boat from the medieval fortress of Portobelo, offer a rare opportunity for high-end tourism or residential development in a prime location.

Comprising of Sordo (1.7 acres), Paulina (~17 acres), and Mamey (~5 acres) islands, along with the La Macana (~17 acres) farm on the mainland, this 45-acre property boasts white sand beaches, crystal-clear waters, coconut palm trees, and a tropical atmosphere. Snorkeling, diving, fishing, and boating are just some of the water sports you can enjoy in this idyllic setting.

This leasehold property is partially developed and waiting for you to make it your own. Don’t miss your chance to own a piece of paradise in one of Panama’s most sought-after regions, Costa Arriba.


Marias Island ($3,000,000)


  • Location: Veraguas, Gulf of Montijo
  • Size: ~27 acres, ~11 hectares
  • Description: 2km from shore, 23km NE of Santa Catalina, 42km south of Santiago
  • Ownership: Leasehold
  • Development: Non Developed
  • Listing: Private Islands Inc
  • Map: See on Google Earth

Isla Marias constitutes a trio of islands within the Gulf of Montijo, a sheltered inlet in the south of Panama’s Veragua Province with valuable proximity to the protected Coiba Marine Park.

Yet, the acclaimed reserve is but one part of a much larger ecological landscape – the Marias find themselves at the heart of a wetland ecosystem of international importance. As such, the islands and their shores serve as habitats for whales, manta rays, orcas, and dolphins. 

The plots themselves, which amount to ~27 acres, also serve as definitive examples of Panamanian beauty – serene beaches, colourful reefs, and verdant flora.


Tambor and Magotes Islands ($2,500,000)


  • Location: Colón Province, Isla Grande
  • Size: ~15 acres, ~6 hectares
  • Description: 700m from shore, 3km NEof La Guaira, 47km NE of Colón City
  • Ownership: Freehold
  • Development: Non Developed
  • Listing: Private Islands Inc
  • Map: See on Google Earth

The Tambor and Magotes Islands are found on Panama’s Caribbean border, grouped by the coast near Parque Nacional Chagres.

Per their proximity to the protected reserve, all three islands serve as impressive showcases of Central American nature. Each boasts an exceptional diversity of flora, a wealth of mammalian and bird life, and vibrant surrounding marine ecosystems.

Together, the three properties combine to span ~15 acres – Isla Tambor is measured at ~10 acres whilst the two Magotes cover 1.5 and 0.7 acres respectively.


Carabana Sol Island ($600,000)


  • Location: Dolphin Bay, Bocas Del Toro
  • Size: ~0.33 acres, ~0.13 hectares
  • Description: Meters from the shore, 17km southeast of Almirante
  • Ownership: Freehold
  • Development: Developed
  • Listing: Private Islands Inc
  • Map: See on Google Earth

Spanning just one-third of an acre within Dolphin Bay, Isla Carabana Sol is arguably the most manageable island on the Panamanian market. The property’s turnkey condition is another of its headline allures.

Led by a renovated, two-story house, the island also features a newly-added hot tub, indoor entertainment systems, an off-grid power configuration, communications infrastructure, a covered garage for a speedboat, and a deepwater boat berth connected to a new dock. 

Yet, Isla Carabana Sol’s offering of established development does not negate its natural wealth. The surrounding land, and the territories beyond, are a haven for flora and fauna – with notable species being pineapples, parrots, hummingbirds, and howler monkeys. 

Private refuge awaits.


Quiros Island ($590,000)


  • Location: San Miguel, Pearl Islands
  • Size: ~3.5 acres, ~1.4 hectares
  • Description: 1km from Isla Del Rey Island, 14km east of Fernando Eleta Airport
  • Ownership: Information upon request
  • Development: Non Developed
  • Listing: Vladi Private Islands
  • Map: See on Google Earth

Located in the stunning Pearl Islands archipelago of Panama, Quiros Island spans approximately 3.5 acres and boasts productive soil atop dark volcanic rock, resulting in lush vegetation including coconut palms, native trees, and fruit trees like mango and avocado.

Enjoy the rocky shores and sandy beaches at low tide, and take advantage of the great anchorage in the lee of the island and the expansive sand bar that spans over 120 meters. Quiros Island is a non-developed property, offering you the opportunity to create your own dream island getaway. Located just 1km from Isla Del Rey Island and only 14km east of Fernando Eleta Airport, this secluded oasis is the ultimate escape.

Ownership information is available upon request.


Corozal Island ($250,000)


  • Location: Darien, La Palma
  • Size: ~46 acres, ~19 hectares
  • Description: 1km from shore, 4km west of La Palma, 151km SE of Panama City
  • Ownership: Information upon request
  • Development: Non Developed
  • Listing: Panama Realtor
  • Map: See on Google Earth

Panama’s Darién Province, an area defined by its vast wilderness and wildlife, sits flush with the Columbian border. At the region’s heart is an expanse of diverse wetlands. And it’s within this natural haven that Isla Corozal can be found. 

The ~46-acre property is an intrinsic part of Darién’s ecological landscape, so much so that it is listed as a wetland of international importance by RAMSAR. Native inhabitants of the land include harpy eagles, capybaras, sloths, crocodiles, and jaguars.

A rich and colourful plot that is destined as a private, natural haven.


Cayonetas Islands ($100,000,000)


  • Location: San Miguel, Pearl Islands
  • Size: ~1,749 acres, ~108 hectares
  • Description: 9km from Isla Del Rey Island, 12km NE of Fernando Eleta Airport
  • Ownership: Freehold
  • Development: Non Developed
  • ListingBespoke Real Estate
  • MapSee on Google Earth

Here’s a rare opportunity to own a portfolio of three pristine, non-developed islands in San Miguel, Pearl Islands. This irreplicable offering boasts 53 breathtaking beaches and 17.7 miles of coastline, making it a truly exclusive slice of paradise.

The islands’ freehold ownership status and non-developed status provide a blank canvas for the visionary buyer to create a unique legacy for generations to come. The potential for research facilities and luxury resorts is endless, making Cayonetas Islands an ideal destination for the discerning traveler seeking a world-class experience. With a rich ecosystem complex and geological connectivity to other parts of the Pacific, these islands are a gateway for understanding some of the planet’s greatest marvels.

With an asking price of $100 million, Cayonetas Islands is a singular opportunity to make a revolutionary impact on transnational conservation and scientific exploration for the betterment of humanity. With complete research and due diligence already in place, this rare offering is ready for a global citizen seeking to create a world-changing legacy.

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