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Wafer Bay aka Bahia Wafer is a boat accessible salt water dive site, located in Cocos Island, Costa Rica.

Named after a 17th-century surgeon who visited Cocos with the "gentleman pirate" Edward Davis, this picturesque bay holds several pirate wrecks and, in the surrounding cliffs, the so-called Devonshire Treasure—if it is still there (see Legends and Lore. The long-suffering treasure-seeker August Gissler encamped here for nearly 20 years in the last century, but today Wafer Bay is home only to the small garrison of National Park rangers.

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