The Resort at Isla Palenque

The Resort at Isla Palenque

The Resort at Isla Palenque
Photo: www.islapalenque.com

Located off the Pacific coast of Panama and near to the border with Costa Rica is the Gulf of Chiriquí. Among the dozens of islands in the gulf is Palenque, which is a Spanish word for refuge or sanctuary. According to the Chicago Real Estate Daily the island was purchased for $3.5 million by Ben Loomis who plans to develop a luxury eco-friendly resort. First phase of construction is planned to cost $30 million, and includes a 30 room boutique hotel.

Palenque island is natural paradise with wildlife, breath taking views, and abundant natural vegetation. The gulf itself is especially popular for fishing and whale watching.

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