If your idea of a good vacation means being near the water, make a beeline for Virgin Island. No matter what you choose to do here, you're unlikely to tire of those pretty views.
Plenty of visitors to Panglao often have this water-surrounded land mass on their itinerary. But Virgin Island is just one of many spots worth a visit in this area. If you've got more time on your hands, Alona Beach will keep you busy.