Luxury Water Villas and Treehouses in Panama

Views that Stretch for Miles


Private Pool Villa

Our private pool luxury over-water villas are positioned to take full advantage of the steady, warm breeze of the Bocas Del Toro Archipelago. Sip cocktails in your private pool as dolphins pass by or step into the inviting Caribbean water, eternally warm and crystal clear. Situated among the coral with plentiful starfish, this side of the bay is well suited for snorkeling.

  • Private saltwater pool
  • Stairs into the sea
  • Snorkel masks and fins
  • Romantic Balinese tumpang sari canopy over your bed

Water Window Villa

These luxury over-water villas feature a glass floor inlay to view the sea life below from inside the villa. Enjoy a flute of Champaign on your comfy deck sofa as you watch a stingray glide by. The ever-inviting calm waters of the Caribbean Sea on this side of the bay is perfect for a leisurely swim.

  • Glass floor inlay inside the villa
  • Romantic fire pit
  • Stairs into the sea
  • Snorkel masks and fins
  • Romantic Balinese tumpang sari canopy over your bed

IBUKU Island Treehouses

Our stunning Elora Hardy designed bamboo treehouses will transport you to another realm. Reaching a height of forty feet, you will feel on top of the world and experience a sense of awed wonder. There is a surprise at every turn including a circular door and a dumb waiter reaching from the jungle floor to grand living area at the top. See Elora Hardy’s famous TEDTalk here.

  • Whimsical groundbreaking designs
  • Inspirational bamboo living spaces
  • A feeling of ethereal beauty
  • Javanese hand hammered copper bathtubs

A complete experience at Nayara Bocas del Toro means anything, anytime, and anyplace with no restrictions. If you want breakfast in bed at 3:00 a.m., we will find a way to arrange it!

Room Highlights for Water Villas and Treehouses

Room Features

  • Living space is 102 square meters, or 1,100 square feet, including the deck
  • Tablet with room service app
  • Complimentary room service 24 hours a day
  • Luxurious King bed with 300-thread-count, organic cotton linens
  • Private terrace
  • Air conditioning
  • Complimentary high-speed WiFi
  • Smart 4K TV for WiFi connection
  • Coffee machine
  • Safety deposit box

Bathroom Amenities

  • Plush bathrobes and towels
  • Premium reef-safe bath and body amenities
  • Hairdryer

Complementary Services

  • Room service available for breakfast, lunch, dinner, and cocktails
  • Turndown service
  • Daily stocking mini-fridge (beer, wine, and snacks)
  • Daily cleaning service

Included in Rate

  • Unlimited five-star dining at The Elephant House overwater restaurant
  • Breakfast, lunch, and snacks at The Coral Café
  • Villa fridges stocked with drinks and snacks
  • Unlimited premium liquors and wines
  • Paddleboarding
  • Kayaking the mangroves
  • Snorkeling, including equipment
  • Fitness center
  • One boat transfer from Bocas Town to Nayara Bocas del Toro and a second boat transfer from Nayara Bocas del Toro to Bocas Town
  • Free high-speed WiFi in rooms and common areas
  • Concierge service
  • Room service


  • 10% Government tax
  • Gratuities
  • Massage at our on-site spa: beginning at $90
  • Excursions, like ATVing, scuba diving, or touring a chocolate farm: price available upon request

*Terms for Boat and Captain Villas

  • The boat is for the exclusive use of guests renting the “boat and captain” villa.  Guests may have up to 2 other guests join them on the boat (4 passengers maximum).
  • Guests will be charged for the boat even if they choose not to use it for a day. Rental rate includes the captain, boat and gasoline. 
  • The hours of operation are flexible but generally 8 a.m. to dusk.
  • Guest and staff safety is important!  If the captain deems the weather unsafe to travel the open sea, travel may be limited to the protected waterways such as the sea between Nayara Bocas del Toro and Bocas Town, Red Frog Marina, Isla Solarte, and Isla Cristobal.