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Vacation rentals in Panama Bay

Find and book unique accommodations on Airbnb

Top-rated vacation rentals in Panama Bay

Guests agree: these stays are highly rated for location, cleanliness, and more.

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Guest favorite
Apartment in San Felipe

In the heart of Casco, remodeled and with parking

Escape and discover the old town in this remodeled, comfortable and central accommodation in the heart of Casco Viejo. Our location is the best, it will make you come back. Close to restaurants, bars, impressive churches, and museums. The property dates back to the 17th century (1756) history and good atmosphere. You can explore the area on foot, fully equipped kitchen, European king bed, you will feel right at home, surrounded by the famous calicanto walls. -A large living room -Fully-equiped kitchen

4.96 out of 5 average rating, 263 reviews
Top guest favorite
Place to stay in Panama City

Casa Condal - Your Luxury Retreat in Cerro Azul

Birdwatching • Romantic Getaway • Remote Work Escape the city. Breathe pure mountain air. Reconnect with nature. Casa Condal - private, modern, sustainable and regenerative hospitality inside Chagres National Park WiFi 65" Smart TV. Sound Bar Self check-in Private parking Fully equipped kitchen 220mts. private trail Deck-Mirador + FirePit, panoramic view of the mountains and valley King bed + Full size sofa bed BBQ Wheelchair accessible 40 min from Tocumen Airport. 1 hr from Panama city.

5.0 out of 5 average rating, 28 reviews
Guest favorite
A stone pathway leads through lush tropical foliage toward a welcoming entrance. Tall trees and vibrant greenery frame the path, creating a serene approach to the property, which is partially visible in the background, surrounded by nature's tranquility.
Home in Panama City

Mountain Retreat

Relax and unwind at this peaceful property nestled on two hectares of lush tropical vegetation surrounded by the sights & sounds of nature. Located at Panama's Blue Mountain(Cerro Azul), 30 kilometres from Panama City. This cozy & comfortable home is equipped with modern amenities & chic decorative touches. It consists of a main house with 2 bedrooms & a 2 bedroom cottage. It has a spacious terrace, pool & jacuzzi overlooking Panama City. The property also boasts its own spring water well

4.97 out of 5 average rating, 93 reviews
Top guest favorite
The private outdoor pool is set against a backdrop of lush greenery and the home's elegant architecture. Comfortable seating arrangements are positioned nearby on the pool deck, inviting relaxation. Large windows reflect natural light, enhancing the spaciousness of the surrounding area.
Villa in San Francisco

Spacious 6BR House w/ Pool, Gym & King Beds

Enjoy a spacious private home in the heart of Punta Paitilla, one of Panama City’s most central neighborhoods. Perfect for families and groups, the house features 6 bedrooms, 5.5 bathrooms, 9 beds, a private pool, and plenty of space to relax, comfortably accommodating up to 17 guests. Walk to supermarkets, restaurants, and nearby synagogues, or reach Multiplaza and other popular areas of the city within minutes. A comfortable and convenient home base for enjoying Panama City together.

4.98 out of 5 average rating, 120 reviews
Top guest favorite
Apartment in San Felipe

The View of Casco: Designer Loft with best Balcony

Sip your morning coffee or evening wine on the balcony, taking in a stunning, panoramic view of the city skyline! ​Experience the absolute best of Casco Viejo from this elegant, fully remodeled 1-bedroom loft. Nestled inside a beautifully restored 1850 colonial building—featuring historic, original calicanto walls—this stylish space puts the entire city at your doorstep. ​You are just steps away from world-class dining, vibrant cafes, museums, and Casco's legendary nightlife

4.98 out of 5 average rating, 134 reviews
Superhost
A tranquil dipping pool is framed by lush greenery, featuring white loungers and a large umbrella for shade. The pool area exudes a serene vibe with vibrant bougainvillea in the background, enhancing the inviting outdoor space.
Home in Taboga Island

Casa Rosie - Dream Home on Tabogá Island

Casa Rosie is a gorgeous villa on Taboga island with an intimate vibe and spectacular views of the ocean. The perfect place for couples, small groups, and families to unwind and make magical memories! . With great wifi, fully equipped kitchen, 3 inviting bedrooms, and a spacious yet personal feel… Casa Rosie is your home away from home. Included in every stay is free pick up and drop off to the ferry terminal - please let us know the details of your arrival.

4.94 out of 5 average rating, 224 reviews
Top guest favorite
Apartment in San Felipe

Walk to Everything | Luxury Stay in Casco Viej

Wake up overlooking one of the last historic bastions of Casco Viejo, sip your morning cofee on a private balcony, and step directly into Panama City most vibrant and wakable neighboorhood. Surrounded by colonial architecture, charming plazas, and a vibrant culinary scene, this space invites you to experience Panama with style and tranquility. Ideal for those seeking an exclusive, walkable, and characterful environment in one of the city's most iconic areas.

4.98 out of 5 average rating, 46 reviews
Top guest favorite
A modern living area features a light-colored sofa adorned with colorful cushions. A round coffee table sits on a textured rug, while a dining table for six is visible in the background. Large windows present striking views of the city skyline.
Apartment in San Francisco

Luxury apt in Panama City 2 Rooms 3 Baths

The Wanders by yoo building is located in the heart of the city. It is an extraordinary project where every corner has a story to tell. 24/7 reception, many recreation areas, hydration station. Outside the lobby, there is the Cafetería cafe con teclas and a Popino Carnes restaurant. In the social area, bar service in the pools, children's park, games room with screens on the ceiling bathrooms, function room, kitchen for events, fully equipped gym and more

5.0 out of 5 average rating, 88 reviews
Superhost
A modern living area features a large wave mural that enhances the space's vibrant decor. Comfortable seating arrangements include a sleek white sofa and a pair of stylish armchairs. A glass coffee table is centered among the furnishings, with tastefully arranged decorative accents.
Apartment in Bella Vista

Modern apt ocean view in heart of Panamá yoo tower

This special place is close to everything, making it easy to plan your visit. Ph Yoo and Arts, located on Av. Balboa, very central This beautiful and modern property has a unique style and an incredible ocean view, high floor, 2 bedrooms, 2.5 full bathrooms, laundry, large terrace, dimmable lights throughout the space, dining room, movie room, workspace, 3 smart TVs, 3 central air conditioners, fully equipped kitchen, modern glassware.

4.91 out of 5 average rating, 332 reviews
Superhost
Home in San Miguelito

Casa-confort-cercaacostadeleste-familia

Discover this elegant urban oasis, a completely remodeled retreat that combines comfort and style. ​The property has a large open kitchen, three bedrooms ideal for seven people, including a king bed and a full bed, as well as two parking spaces. ​Enjoy relaxing afternoons on the outdoor terrace and take advantage of its unbeatable location one block from Plaza de Santa María and just two minutes from Costa del Este

5.0 out of 5 average rating, 5 reviews
Guest favorite
An interior view showcases a modern, multi-level loft with a wooden staircase leading to the upper loft area. Soft lighting creates ambient hues throughout the open space, highlighting the kitchen and living areas, where stylish furniture is arranged for comfort. Exposed stone walls add texture.
Loft in Panama City

2B Loft Studio | Design By Paradox

Private 40 m² loft studio in Santa Ana, about a 5-minute walk from Casco Viejo. Loft Studio sleeps up to 3 guests with a Queen bed on a mezzanine and a sofa bed, plus a full kitchen, private bathroom, air conditioning, hot water, fast WiFi, dining space, and a 1.8 m desk. Enjoy a TV with Roku and host-provided Netflix, Disney+, Max, and Prime. Guests have access to the shared balcony, patio, and paid laundry.

4.89 out of 5 average rating, 362 reviews
Guest favorite
The villa is nestled amongst lush greenery, with vibrant trees bordering a sandy beach. The crystal-clear water gently laps at the shore, leading to a spacious, modern home set back in the landscape, ensuring a private and serene environment.
Home in Saboga

Spectacular ocean view, private beach access, pool

Discover Saboga Island, home of the famous Survivor TV Show, in this magic property: Villa 'Corral Cove' is located in a pristine environment with a fantastic view of the beach. This 'architect' home has been built recently and has been decorated with style and comfort in mind. You will love the serenity of this unique place, perfect for resting and having unforgettable family moments.

4.94 out of 5 average rating, 47 reviews

Popular amenities for Panama Bay vacation rentals