Live the Good Life! 

The Laguna Reef Resort is an ecologically-designed tropical waterfront resort located on the beautiful Caribbean island of Bastimentos. We are pleased to announce that construction has begun on Phase 1 of the development. There are 3 Caribe Units left in Phase 1 at Phase 1 Prices. This provides buyers with a limited-time opportunity to purchase their tropical vacation home at a significant discount off the finished-unit prices. Each Condo consists of 3 Units, one Unit on each Level… The CARIBE and PENTHOUSE Levels on the 2nd & 3rd Floors Each Unit is approximately 2407 Square Feet Total Area, including 1667 Air-Conditioned Interior Area. Quality of Construction. We are committed to building our homes with the Highest Quality of Construction on the Island. Our COO and Panamanian General Contractor have a proven track record of building superior-quality homes. The project is designed in 3 phases. Currently selling Phase 1 … Including Six Condos with 3 Units each Plus….Spa and Restaurant Laguna Reef is priced well below the competition. Our average retail price per squre foot is only $286. Our closet competition is priced at $513 per Sq. Ft. Laguna Reef offers a on-site Property Management Company to assist you in Renting your Condo. You may enjoy a positive Cash Flow! PAYMENT PLAN Only $10,000 down is required to reserve a home. In most cases, the balance can be financed using a combination of the equity they have in their U.S. residence, and permanent financing that Panamanian Banks offer. Laguna Reef Resort falls within the "Touristic" Classification, thereby retaining the 20 year Panamanian property tax exemption for our buyers. … $10,000 down as a "Reservation Deposit" … 30 % of the estimated purchase price minus the Reservation Deposit of $10,000 … The balance of the purchase price is the at Completion IRA-qualified. American citizens can use their Individual Retirement Accounts to purchase their Laguna Reef home. Laguna Reef Resort offers a full spectrum of Amenities to enhance your stay in paradise... The Clubhouse includes a fully-equipped arcade, a billiards and game room with a separate exercise facility. The second floor houes the restaurant with an ocean overlook. Housekeeping... Maid service is available for all of your cleaning and cooking needs. There will also be a pre-arrival preparation service where you may go online to request your favorite foods, fresh fruits and drinks to be delivered to your condo before you arrive. A large Pool with a swim up bar and a shallow pool for our younger guests are located just outside the clubhouse. The pool facility connects to a secluded beah, via a sandy trail though towering coconut palms. Secluded Beach... Our exclusive inset Beach with sand has plenty of room for lounging in the sun or playing beach volleyball on our private sand volleyball courts. Our private Marina provides convenient and secure access to the resort. The upper level restaurant overlooks gardens and coral shores and offers delicious island and continental fare. Tennis Courts... Two lighted tennis courts will keep you in shape while listening to the waves massaging the shoreline nearby. Tropical Grounds... View nature from within as you stroll through more than 2 kilometers of groomed trails with fresh water pools, tropical trees and colorful gardens. Butterflies, birds and other rain forest ife will delight your senses. Our Water Shuttle service provides transportation to and from Laguna Reef Resort. Bocas town on Isla Colon is just 12 minutes away. There you will find many fine restaurants, grocery stores, a variety of shops and plenty of entertainment. Each titled home is $500,000.