10 Best Luxury Villas In Panama

Louise
Contributing Writer
Updated
| 6 min read

Bordering the waters of both the Pacific Ocean and the Caribbean Sea, Panama is a breathtaking country and a must-visit destination. This Central American nation is famed for the Panama Canal, a picture-perfect place where massive ships gather and the Atlantic Ocean meets the Pacific Ocean. The best place to admire this bustling destination is from the Miraflores Locks, a visitor center with observation decks. For actual water adventures, a trip to Bocas Del Toro, the country’s top-visited resort paradise, might pique your interest. Soft-sand shores and azure-colored waters are in store for watersports enthusiasts here. Tourists can also find superb accommodations in the country that can urge them to book that flight to Panama right away. If you need more convincing, browse through this list of the best luxury villas in Panama and spend an indulgent vacation in the country.

We handpicked these listings carefully, considering (wherever possible) host status, recent guest reviews, location, accommodation type, prices, availability of dates, decor, and access to luxury services and amenities. The image galleries get refreshed with the latest updates regularly. They were last updated on December 19, 2024.

1. The Villas at Red Frog Beach, Bocas del Toro (from USD 472)

Escaping to Bocas del Toro for the weekend? Level up your holiday experience by staying in this fabulous Caribbean-chic-inspired villa located close to the area’s best beaches. In fact, mesmerizing water scenery graces the home, making you fall in love with nature even more. There’s plenty of outdoor space with lounges where you can relax and take in the scenery. You can also admire the view while indulging in a refreshing swim in the pool or barbecuing with your loved ones.

If you’re looking to explore, shuttle services are available for free to guests.

Stayed at this property?
Panama

261.36 km (162.4 mi) from Playa Rio Mar Public Access
15 reviews   Wifi Available
Entire villa 3 Beds 6 Guests 3 Bedrooms 2 Bathrooms

Accommodates: 6

Top guest reviews
Location:
great place to stay in paradise
Read more reviews

2. Tastefully furnished villa with a natural pool, Panamá (from USD 418)

This 5-bedroom Airbnb is a haven for 10, suitable for families and friends. It is pet-friendly, so you’re allowed to bring your beloved fur baby. Besides the gorgeous interiors with stone accents, rustic details, and ornamental plants, the fully furnished concept of this property is worth appreciating. A natural pool exclusive to you and your vacation buddies can be found on site - one of the property’s highlights.

Breathtaking ocean views and easy access to the beach are also in store for travelers staying in this freshly renovated villa. For indoor entertainment, the villa comes with Smart TVs in every bedroom!

Stayed at this property?
Panamá, Panama

73.01 km (45.4 mi) from Playa Rio Mar Public Access
103 reviews   Superhost Wifi Available
ENTIRE RENTAL UNIT 6 Beds 10 Guests 5 Bedrooms 3 Bathrooms

Accommodates: 10

Top guest reviews
Host:
the owner had great communication
Location:
easy to walk to many great restaurants and bars near by
great location and great property overall
sensational location and very comfortable house
great house and perfect location
the location is in the prime of great restaurants and bars walking distance
Cleanliness:
very comfortable and clean property
perfectly located very clean and beautiful and spacious
great location cool part of town clean and new unit mauricio was very responsive and helpful
Read more reviews

3. Superb retreat with beach access, Playa Cacique

Offering direct access to a semi-private beach, a full-sized pool, and an upscale Caribbean retreat with rustic finishes and expansive windows, this property is the definition of luxury. When not taking advantage of the facilities in the fully furnished interior, you can chill at the poolside bar with seats and a gas grill perfect for cookouts. The pool is fitted with floaters, chic sunbeds, and lights that illuminate it at night, making it dreamier in the darkness of the evening.

Inside the rental, you’ll have plenty of amenities to keep you entertained, such as video games, a pool table, a ping pong table, and more. Should you decide to go for a swim in the open water, you can bring the two-person kayak available on the property.

Stayed at this property?
Contadora Island, Panama, Panama

104.47 km (65.0 mi) from Playa Rio Mar Public Access
villa 16 Guests 4 Bedrooms 4 Bathrooms

Top guest reviews
Host:
staff were both helpful and unobtrusive
carlos and his wife were friendly attentive and helpful
the hospitality and responsiveness of the owner and the on-site support is second to none
the island is wonderful small friendly and the staff at the house were wonderful
Location:
there are many nicer places on the island to stay at
there are many nicer places on the island to stay at
we are looking forward to go back and enjoy another vacation at this place and with tom
the villa is a beautiful location and all that it appears to be in the photos
it is not a a brand-new place but it is perfectly maintained and equipped with all you need
Cleanliness:
nice staff came to clean every late morning
Amenities & Room:
the view was amazing loved the pool and the beach was breathtaking
the pool is also huge with outside speakers to hook up your personal devices for music
there is a pool which was a nice size
Read more reviews

4. Bamboo Villa, Chiriqui (from USD 699)

The beauty of nature can be admired in this fabulous Airbnb called Bamboo Villa. It is curated with massive stone walls, cathedral ceilings with elaborate exposed beams, and floor-to-ceiling windows that invite plenty of natural light. Its best accessory is the mountain and ocean views patrons can best admire from the outdoor spaces. In addition to a fully furnished interior with an open-plan layout, this accommodation features a terrace with cozy loungers and swing chairs.

The main attraction here is the infinity pool, fronting magical views of lush greenery and waterscape. The swimming area showcases a lounge space and a covered bar. There is also a private hot tub where you can enjoy a calming soak.

Stayed at this property?
Chiriqui, Provincia de Chiriquí, Panama

254.36 km (158.1 mi) from Playa Rio Mar Public Access
7 reviews   Wifi Available
Entire villa 6 Beds 15 Guests 6 Bedrooms 7 Bathrooms

Accommodates: 15

5. Fabulous guesthouse with spectacular scenery, Panamá (from USD 550)

From the breathtaking ocean views to the tranquil country ambiance, this vacation rental has all the ingredients for a truly relaxing holiday experience. Air-conditioned bedrooms with ensuite baths, a fully equipped kitchen, and an open-plan living and dining area are laid out in the house. Should you wish to unwind in the open air, a furnished deck will be waiting for you. There, you’ll find chairs, alfresco dining facilities, and a gas grill for cookouts.

In your leisure time, you can play pool with your loved ones or hang out at the pool area, which has the best water views on the property. There’s a kiosk where you can share bites and refreshments.

Stayed at this property?
Panamá, Panama

192.74 km (119.8 mi) from Playa Rio Mar Public Access
11 reviews   Superhost Wifi Available
Entire villa 6 Beds 12 Guests 5 Bedrooms 5 Bathrooms

Accommodates: 12

6. Sand Dollar Villa, Boca Chica (from USD 325)

Are you daydreaming of a holiday in the gorgeous paradise of Boca Chica? Turn your fantasy into a reality and secure this upscale Airbnb by the sea. Here, you can admire spectacular views in comfort. Designed with floor-to-ceiling windows, white walls, and a fully furnished concept, this property is both visually pleasing and convenient. You’ll love the Scavolini-designed kitchen and the fabulous dining area, accentuated with an elegant chandelier - and ocean views for a backdrop.

In addition to beach access, a swimming pool with ocean views is offered to patrons here.

Stayed at this property?
Boca Chica, Provincia de Chiriquí, Panama

242.27 km (150.6 mi) from Playa Rio Mar Public Access
85 reviews   Wifi Available
Entire villa 4 Beds 6 Guests 3 Bedrooms 3 Bathrooms

Accommodates: 6

Top guest reviews
Host:
the hosts were very communicative & helpful
the hosts were amazing and were very communicative and gave us lots of great advice for the area
rafael was a great host and very responsive
rafael and eda were wonderful hosts and were very responsive and helpful
rafael was so helpful and communicative a wonderful host
Location:
the house and its location are amazing
this house and the location are absolutely stunning
amazing location and beautiful house perfect place to unwind for a few days
good place to go for a get away and never leave the house
make sure to bring your groceries with you as there really isn't anything close but it's totally worth it
Cleanliness:
the pool was super clean and the house was cozy
the house felt very homey and clean
ten stars for this rental clean beautiful home overlooking playa hermosa
Amenities & Room:
the wifi was excellent as well
gorgeous house view and pool
i would definitely be back to enjoy the private beach pool and amazing ocean view
amazing in so many ways the view the house the peace and quiet the beach the pool and more
the kitchen had many seasonings and essentials for cooking which was helpful
Read more reviews

7. Casa Aqua, Playa Venao (from USD 600)

A gorgeous property with mesmerizing views, Casa Aqua boasts an idyllic beachfront location and a tropical-inspired interior design. Guests will wake up to stunning views of Playa Venao Bay, where they can swim and sunbathe to their hearts’ content. You can also choose to start your morning with a coffee on the porch, an alfresco breakfast, or a soak in the swimming pool - a fabulous way to wrap up the day, too. Imagine floating in the pool while admiring star-speckled skies.

While the accommodation has a well-appointed kitchen, plenty of superb dining spots can be found nearby should you want to go on a food trip.

Stayed at this property?
Playa Venao, Provincia de Los Santos, Panama

116.68 km (72.6 mi) from Playa Rio Mar Public Access
63 reviews   Wifi Available
Entire villa 6 Beds 8 Guests 4 Bedrooms 4 Bathrooms

Accommodates: 8

Top guest reviews
Host:
julie is a great host
julie is such a great host
julie was extremely responsive
julie and her husband who host the house are very helpful
the host julie is fantastic we will definitely be back in the future
Location:
location great in the middle of the bay
amazing villa location is spectacular
beautiful property in a wonderful location of venao
there are nice restaurants and bars in walking distance
amazing location wonderful place and truly lovely hosts
Cleanliness:
the pool was super clean and fresh plus it got cleaned everyday
the house was extremely clean and very well-equipped with everything you could possibly need in the kitchen
the house was super clean with a fully equipped and top notch kitchen appliances
the house is very spacious extremely clean well equipped and has an outstanding view
Read more reviews

8. The Wow House at Vista Mar, San Carlos (from USD 531)

Suitable for big groups, this upscale beachfront retreat can comfortably fit 16 guests (and pets, too). In addition to the standard home fittings, from cozy bedrooms to spotless baths, this accommodation provides guests with a private outdoor pool (with a built-in hot tub) accessible 24 hours a day. Should you decide to go for a more natural swim, the beach is almost at your doorstep.

You can wrap up the night lounging in the waterfront sectional or indulging in a cookout. This Airbnb has an outdoor kitchen with a gas grill and a wood-fired oven. Vacationers also have access to resort amenities, including The Vista Mar Golf Course, The Vista Mar Marina, and Boga Bar.

Stayed at this property?
San Carlos, Panamá, Panama

4.83 km (3.0 mi) from Playa Rio Mar Public Access
32 reviews   Superhost Wifi Available
Entire villa 17 Beds 16 Guests 6 Bedrooms 7 Bathrooms

Accommodates: 16

9. Fabulous beach house, Bejuco (from USD 475)

Have you been busy planning a surprise holiday for your family in Bejuco? You might consider staying in this gorgeous beach house with equally mesmerizing scenery. The strategic location affords you and your loved ones easy access to watersports. After an open-water swim, you can unwind on the beach deck while savoring fruity tropical drinks. Since the kids will want to be in the water most of the time, there’s a swimming pool on site, where they can enjoy refreshing dips anytime they want. This will also allow you to supervise them with ease. A private hot tub is a bonus.

The house is fully furnished and equipped with a fabulous kitchen - a chef’s dream. It has stainless steel appliances and a spacious breakfast counter. Indoor and outdoor entertaining spaces, including alfresco dining areas, are available on the property.

Stayed at this property?
Bejuco, Panamá, Panama

36.65 km (22.8 mi) from Playa Rio Mar Public Access
82 reviews   Wifi Available
Entire villa 9 Beds 12 Guests 6 Bedrooms 4 Bathrooms

Accommodates: 12

Top guest reviews
Host:
sion was very helpful
sion was a great host
leonardo is so kind and helpful
sion is very kind and was very helpful with everything
this house met all of our expectations and was a perfect place to host my friends and i
Location:
better than expected beautiful place with wonderful location
beautiful house in a great beach-front location
this is a great place to stay if you are heading to panama
we hope to return to sion’s place again in the future
Read more reviews

10. Playa Escondida and Resort, Maria Chiquita (from USD 725)

When spending the weekend in a gorgeous coastal paradise such as Maria Chiquita, it pays to book a stay that allows you to admire its beauty 24/7. Lucky for you, this beachfront Airbnb with million-dollar scenery is available for rent and only has a 2-night minimum stay policy. Thanks to the property’s modern tropical design with floor-to-ceiling windows, patrons can take in the views in comfort. Most of the indoor space is blessed with water views and plenty of natural light, from the kitchen to the living space.

Step out onto the lawn and enjoy access to white sand shores and turquoise waters. If you’re not a fan of open-water swims, there’s a private pool and a hot tub available for you in the villa.

Stayed at this property?
Maria Chiquita, Colón Province, Panama

111.45 km (69.3 mi) from Playa Rio Mar Public Access
50 reviews   Superhost Wifi Available
Entire villa 6 Beds 10 Guests 5 Bedrooms 5 Bathrooms

Accommodates: 10

Top guest reviews
Host:
owner was very accommodating and easily accessed
host was easy to communicate with and very accommodating of a late checkout request
only down side was service at resort was slow but super friendly
overall a really good experience with good communication from the hosts
perfect place for a family vacation and kid friendly
Location:
this house is fantastic and the location is even better
would definitely recommend and stay at this location again
the location is far from panama city but we’ll worth the ride
the location is incredible with beautiful white sand beaches and clear water
great comfy house at an amazing place
Cleanliness:
very clean and beautifully decorated also with all the essentials we needed
the house was clean and provided us everything we needed during our visit
Amenities & Room:
each room had large mounted smart tvs and an excellent sound system in place
it’s a beautiful spacious home with plenty of room for our group of ten
the house itself is really nice with plenty of room for 8
Read more reviews

Fall in love with Panama

Panama is a breathtaking country with gorgeous landscapes, sceneries, and exciting outdoor activities. It also offers hotels, resorts, and other accommodations with high-end amenities. For your visit, you might consider staying in the vacation rentals included in this list of the best luxury villas in Panama.

Any must-sees we missed? Tell us about them in the comments section or write a post here to help out fellow travelers!
Disclosure: Trip101 selects the listings in our articles independently. Some of the listings in this article contain affiliate links.

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