palapa
An open-sided dwelling with a thatched roof made of dried palm leaves.
At the average home price, you can find a two- or even three-bedroom house with a pool and palapa.
Where it comes from
Borrowed from Spanish palapa, from Tagalog palapa (“midrib of a coconut frond”), from Proto-Malayo-Polynesian *palaqpaq.
Adapted from the Wiktionary entry palapa (CC BY-SA 4.0).