Panama Bocas del Toro iconic view of boats and archipelago. Waterfront hotel El Faro del Colibri, Isla Carenero, Bocas del Toro Archipelago, Panama. Aqua Lounge Hostel and Bar Isla Carenero. Bocas del Toro is the capital of the Panamanian province of Bocas del Toro. It is city and a world-renowned tourist resort located on the island of Isla Colon in the Bocas del Toro Archipelago in the Caribbean Sea off the northwest coast of Panama. Relatively few Panamanians live on the island, opting for cheaper housing on the mainland of Panama. Its white, sandy beaches, ecological parks, diving keys, restaurants and food, nightclubs, attractions, thematic parks, music and dances, shops and markets both in the zone and the downtown make it a popular tourist destination year-round for tourists from the North, South, Central America, Europe, Oceania and Asia alike. The official language in Panama is Spanish but English is widely spoken in Bocas del Toro.