There is now a huge thread on Trip Advisor (where the previous quotes I posted came from) about the Playa Bonita’s current status. You should check it out at:
You will see that unfortunately things are not looking good if you are departing on January 2nd. Some of the posters are looking into switching resorts. It does sound like the food is very good and the beach is beautiful so those are positives. Also the rooms are apparently very nice (which doesn’t surprise me because they look beautiful on the website).
At this time of year you shouldn’t have to worry about bugs because it’s the dry season. We went twice in January and never once used our bug spray even in the rain forest. Of course, we were staying at the Royal Decameron which is an hour or so away but since they’re both on the Pacific Ocean I suspect it will be the same at the Playa Bonita.
As far as water goes, Panama has a very safe water system and the food is safe. The resort should have bottled water anyway but you don’t have to worry about brushing your teeth with the water or eating salads washed in water. You could literally drink the water out of the tap if you wanted to. The fresh fruit in Panama is amazing. We ate tons of it, especially at breakfast, every day. We ate food both on and off the resort (at non-tourist places) and had no problems.
The Nolitours brochure does not indicate that there is a safe in the room so there likely isn’t. They didn’t have them at the Royal Decameron (unless you made a special request and you had to pay). We never bothered renting one either time we were at the Decameron. You will find that the Panamanian people are wonderful and Panama is a very safe country on the whole (although there a few places in Panama City and Colon that may be less than desirable but that’s no different than any other country I suppose).
If you decide to go ahead with the Playa Bonita (as opposed to trying to switch to another resort - it sounds like due to the state of the resort Nolitours is offering that option from the thread on TA) I hope you have a great time. Panama is one of my favourite countries and there is lots to do and wonderful places to explore off the resort (even though it sounds like at the moment there are no activities on the resort).
If you have any other specific questions about Panama I would be happy to try to answer them if I can. GOOD LUCK!!