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Its the coolant tank. Yes they are a common failure with these cars. I wouldn't drive it much because the leaking tank will not hold pressure and you will quickly overhaet and lose the coolant. Ask me how I know.
You do not want your Boxster to overheat, not even a little, once.
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Current car
2000 Boxster 2.7l red/black
Previous cars
1973 Opel Manta
1969(?) Fiat 850 Convertible
1979 Lancia Beta Coupe
1981 Alfa Romeo GTV 6
1985 Alfa Romeo Graduate
1985 Porsche 944
1989 Porsche 944
1981 Triumph TR7
1989 (?) Alfa Romeo Milano
1993 Saab 9000
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