The unveiling of a futuristic luxury model home on Panama’s Caribbean coast collapsed on Thursday when the SeaPod Eco prototype sank above the water on a column that sank onto an adjacent dock.
Developer Ocean Builders said in a statement that the austere white house began to “destabilize” towards the end of the launch event. No one was injured and the cause is being investigated.
Reminiscent of a spaceship, the house is well above the water and has expansive views from a row of windows. The developers planned to put the houses up for sale next year, touting them as friendly to the environment and the economy.