Welcome to Pedasí
A great coastal community in Panama
Pedasí is a small, friendly town on the southern tip of the Azuero Peninsula, surrounded by quiet beaches, ocean-view hills and some of Panama's best fishing and surfing. It sits in the Arco Seco, the driest region of the country, so it gets more sunshine and less rain than most of Panama.
Buyers come here for many reasons: a retirement home within walking distance of town, a beach house for family holidays, a lot to build on, or a rental near the surf at Playa Venao. Prices are still well below Panama's better-known beach areas, and a good share of our listings offer owner financing.
Panama Properties is based in Pedasí. Our office is in Plaza Pedasí, our team lives here year-round, and we know the town, the beaches and the local builders, attorneys and surveyors personally. This page brings together our current listings and the practical information you need to buy with confidence.
Featured Pedasi Properties For Sale
Our Pedasí listings range from move-in-ready homes in town and casitas to ocean-view lots, gated-community homesites, development land and beachfront luxury estates. Several are available with owner financing. Below is a selection of current properties; use the button below to see every Pedasí listing.
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Why Invest in Pedasi, Panama
✔ Fast-Growing Coastal Market with Rising Property Values
Pedasí is one of Panama’s most rapidly developing coastal areas. With increasing demand from both international buyers and local investors, property values have consistently risen—especially in Playa Venao and beachfront communities.
✔ Modern Infrastructure and High-Speed Internet
Unlike many rural beach towns, Pedasí benefits from paved roads, fiber-optic internet, reliable utilities, and easy access to hospitals, supermarkets, and the Chitré regional airport—making it comfortable for full-time living and remote work.
✔ Exceptional Lifestyle: Safe, Peaceful, and Nature-Focused
Pedasí offers clean beaches, low crime, friendly locals, and a relaxed small-town lifestyle. It’s ideal for retirees, families, and digital nomads seeking a slower pace surrounded by nature, wildlife, and ocean activities.
✔ Diverse Investment Options for Every Budget
Whether you want a beachfront home, farmland, luxury villa, rental condo, or development land, Pedasí offers a wide range of price points and opportunity levels—including large tracts perfect for eco-projects or boutique hotels.
✔ Strong Rental Demand (Short & Long Term)
Tourism continues to grow, driven by sportfishing, surfing, eco-tourism, and the booming Playa Venao scene. Beach homes, surf villas, and vacation rentals perform extremely well year-round, producing solid rental income.
✔ Stable, Investor-Friendly Ownership Laws
Panama offers secure titled property, favorable tax benefits, and no restrictions on foreign ownership. With proper due diligence and a licensed local broker, purchasing in Pedasí is safe and straightforward.
Your Local Experts in Pedasi Real Estate
Finding the right property here takes more than browsing listings. It takes local knowledge, honest advice and good relationships, and that is what we offer.
We Live and Work in Pedasí
Our team lives here year-round. We know the neighborhoods, beaches, roads and upcoming developments first-hand, and we only recommend properties we would be comfortable buying ourselves.
We Know Each Community
Pedasí Town, Punta Mala, Playa Arenal, Playa El Toro, Costa Pedasí, Andromeda, Los Destiladeros and Playa Venao each have their own character, access and rules. We help you match the area to the way you want to live.
Careful Due Diligence
Coastal property in Panama involves titles, Rights of Possession, shoreline rules, easements, surveys and zoning. We work with trusted local attorneys and surveyors to check every one of these before you commit.
Strong Local Relationships
Our network of landowners, builders, architects and developers gives our clients early access to new listings, off-market opportunities and realistic construction cost estimates.
Support After the Sale
We help with utility connections, property management, maintenance contacts and settling in, so your move to Pedasí goes smoothly.
Discover Life in Pedasi, Panama
Types of Property in Pedasí
Beachfront and Ocean-View Homes
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Direct beach access or sweeping Pacific views
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Ideal for retirement or a holiday home
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Strong appeal for vacation rentals
Homes in Pedasí Town
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Walk to shops, restaurants and services
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The most affordable entry point, from casitas to three-bedroom family homes
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Popular with full-time residents and long-term tenants
Gated Community Homes and Lots
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Communities such as Costa Pedasí and Andromeda
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Security, paved roads and beach access
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Choose a finished home or build your own
Building Lots
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Town, country and ocean-view lots
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Several available with owner financing
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Many local architects and builders to choose from
Farmland, Acreage and Development Land
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Suited to hobby farms, reforestation, eco-lodges or small subdivisions
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Lower cost per square meter than beachfront land
Best Areas to Buy in and Around Pedasí
Pedasí Town
A walkable, colonial-style village with shops, restaurants, schools and services. The best choice for affordable homes and long-term rentals.
Punta Mala
A quiet coastal area about seven minutes' drive from the main street, with newly paved roads and a mix of affordable homes and land.
Playa Arenal
The closest beach to town and the launch point for boat trips to Isla Iguana, known for fishing and boating.
Playa El Toro
A short drive from town, with ocean-view lots and homes close to the beach.
Costa Pedasí
An established gated beachfront community with homes and building lots, popular with retirees and second-home owners.
Andromeda
A beachfront development with oceanfront homesites and higher-end homes.
Los Destiladeros
A small, exclusive stretch of coast with some of the area's finest beachfront villas.
Playa Venao
About 30 minutes from Pedasí, Venao is one of Panama's best-known surf beaches, with condos, villas and boutique hotels. See our Playa Venao real estate page for listings and details.
Top 10 Reasons to
Retire in Pedasí, Panama
1. Lower Cost of Living
Everyday costs are well below most of North America and Europe, and your money goes further on housing, food and services.
2. Beaches and Nature
Uncrowded beaches, ocean views, Isla Iguana's wildlife refuge and seasonal whale watching are all close to home.
3. A Welcoming Community
Locals and a growing group of retirees and expats make it easy to build friendships and find help when you arrive.
4. Healthcare Within Reach
A local health center in town, a regional hospital in Las Tablas about 40 minutes away, and larger hospitals and private clinics in Chitré.
5. A Peaceful Small-Town Pace
Pedasí is quiet, relaxed and community-minded, with the traditions of the Azuero countryside.
6. Good Value Real Estate
From town homes and casitas to ocean-view houses, there are good options at prices well below Panama's busier beach areas.
7. Long-Term Value
As the Azuero coast becomes better known, well-chosen property can hold and grow its value while you enjoy it.
8. Retiree-Friendly Residency
Panama's Pensionado visa is one of the best-known retiree residency programs in the world, with discounts on many everyday services.
9. The Sunniest Corner of Panama
As part of the Arco Seco, Pedasí enjoys more sunshine and a longer dry season than most of the country.
10. A Simpler, Healthier Life
Walks on the beach, fresh seafood, local markets and a slower pace of life.
Want to buy a property in Pedasi? Click Here
Pedasí, Panama Real Estate Buyer’s Guide
Your complete roadmap to investing, retiring, or relocating to Panama’s stunning Azuero Peninsula.
Pedasí Property Prices
Prices based on our current listings:
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Casitas and tiny homes: from about $48,000
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Homes in and around Pedasí Town: about $139,000 to $285,000
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Ocean-view homes with pools: about $435,000 to $525,000
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Beachfront luxury homes and villas: about $1.45 million to $2.8 million
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Building lots: about $45,000 for a large town-area lot to $315,000 for a beachfront lot in a gated community
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Development land: our two-hectare parcel is listed at $400,000, about $20 per square meter
Prices change with the market and individual listings, so contact us for current availability.
Building or Buying in Pedasí
Buying a Finished Home
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Move in right away
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Known costs, with landscaping and utilities in place
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Can produce rental income from day one
Building Your Own Home
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Your own design and finishes
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Often a lower cost per square meter
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Experienced local architects and builders
Before you buy any property, check road access, the water source (municipal supply or a well), electricity and internet availability. We can help you confirm each one.
Getting There, Healthcare and Climate
Getting There
Pedasí is about a four-and-a-half to five-hour drive from Panama City on paved roads. Air Panama has resumed scheduled flights to Pedasí's small airport; check current schedules before you travel. Chitré, about an hour away, also has a regional airport.
Healthcare
Pedasí has a local health center for everyday care. Las Tablas, about 40 minutes away, has a regional hospital, and Chitré has larger hospitals and private clinics. Specialist care is in Panama City.
Climate
Pedasí is warm all year. The dry season runs from roughly December to April, and because the town sits in the Arco Seco, even the rainy season is drier than in most of Panama.
Understanding Property Ownership in Panama
Titled Property
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Full ownership, registered at Panama's Public Registry
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The safest and simplest option for foreign buyers
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Can be financed, insured and resold easily
Rights of Possession (ROP)
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Found on some rural and coastal land
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Legally recognized, but not registered title
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Requires careful verification and strong legal guidance
Coastal Rules
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On the Pacific coast, the first 22 meters inland from the high-tide line is public land and cannot be privately owned
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Mangroves and protected areas cannot be titled or built on
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Beachfront purchases need a survey that clearly shows these boundaries
How to Buy Property in Pedasí, Step by Step
Step 1: Work with a Licensed Local Agent
Local knowledge matters because of land types, zoning and coastal rules.
Step 2: Tour Properties and Learn the Market
Visit homes, walk the land, compare communities and check access and utilities.
Step 3: Make an Offer
Offers are usually made through a promissory purchase agreement with agreed deposit terms.
Step 4: Legal Due Diligence
Your independent attorney verifies the title or ROP status, surveys, zoning, liens, shoreline compliance and access rights.
Step 5: Closing
You sign the final purchase agreement, and the property is transferred and registered in your name.
Step 6: Handover
We help you set up utilities, management and anything else you need after closing.
Investment Potential and Rental Income
Pedasí's rental market is supported by:
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Year-round visitors for fishing, surfing, whale watching and eco-tourism
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Long-term rental demand from expats and remote workers
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Vacation rental demand near the beaches and at Playa Venao
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Long-term growth as the Azuero coast becomes better known
Returns depend on the property, its location and how it is managed. We help you estimate realistic income, costs and occupancy for any property you are considering.
Tips for Buying in Pedasí
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Always verify the title or ROP documents with an independent attorney
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Work with licensed local professionals
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Inspect the property before you buy, in person or through a trusted representative
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Check road access, water, power and internet
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Ask for an up-to-date survey and confirm the boundaries on site
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Think about resale and rental potential from the start
Ready to Start Your Pedasí Real Estate Journey?
Whether you're looking for a beachfront home, surf condo, farmland, or an investment property, we’re here to guide you every step of the way.
👉 Contact Us for Current Listings
👉 Start the buying process in Pedasi
👉Visit properties in Playa Venao
Your dream home on the Azuero Peninsula awaits.
Pedasí Real Estate: Frequently Asked Questions
Can foreigners buy property in Pedasí?
Yes. Foreigners have the same property rights as Panamanian citizens and can own titled property in Pedasí in their own name or through a Panamanian corporation or foundation. Pedasí is not affected by Panama's border restrictions on foreign ownership. As with any purchase, use an independent attorney to verify the title before you buy.
How much does property cost in Pedasí?
Based on our current listings, casitas start at around $48,000, homes in and around Pedasí Town range from about $139,000 to $285,000, and ocean-view homes with pools are about $435,000 to $525,000. Building lots range from about $45,000 to $315,000 for a beachfront lot in a gated community, and beachfront luxury homes run from about $1.45 million to $2.8 million.
Is owner financing available?
Yes, on several of our Pedasí listings, including homes and building lots. Terms such as the down payment, interest rate and length of the loan are agreed with each seller, and your attorney records the financing so both sides are protected. Ask us which current listings offer owner financing. visit our owner finance listing page
Can I get a bank mortgage on a property in Pedasí?
Panamanian banks do lend to foreign buyers on titled property, usually with a larger down payment than local buyers need and a full review of your income and credit. Approval for land and rural properties can be harder than for finished homes. We can introduce you to banks and mortgage advisors who work with foreign buyers. Visit our mortgage info page
How do I get to Pedasí?
Pedasí is about a four-and-a-half to five-hour drive from Panama City on paved roads. Air Panama has resumed scheduled flights to Pedasí's small airport, so check current schedules when planning your trip. Chitré, about an hour away, also has a regional airport. Visit out Pedasi transport guide page
Is there good healthcare near Pedasí?
Pedasí has a local health center for everyday care. Las Tablas, about 40 minutes away, has a regional hospital, and Chitré has larger hospitals and private clinics. For specialist treatment, most residents go to Panama City.
What are water, power and internet like?
Pedasí Town and most surrounding communities have grid electricity, and fiber internet is available in town and many nearby areas. Water comes from the municipal supply in town, while many country and beach properties use private wells, often with storage tanks for the dry season. Always confirm the water source, power and internet for a specific property before you buy.
What is the weather like, and when is the best time to visit?
Pedasí is warm all year and sits in the Arco Seco, the driest region of Panama. The dry season runs from roughly December to April, with sunny days and steady breezes. The rainy season, roughly May to November, brings afternoon showers but is still drier than most of the country. Many buyers like to visit in both seasons before deciding.
Can I rent out my property in Pedasí?
Yes. Visitors come year-round for sportfishing, surfing, whale watching and eco-tourism, and expats and remote workers rent long term. Results depend on the property, its location and how it is managed. We can help you estimate realistic rental income, costs and occupancy before you buy, and connect you with local property managers.
How much does it cost to build a home in Pedasí?
Building costs depend on the size, design, finishes and site, including access, slope and the distance to power and water. We work with experienced local architects and builders and can help you get realistic estimates before you buy a lot. Building plans need approval from the municipality before construction starts. Visit our Build with us page
What are the closing costs when buying in Pedasí?
Budget roughly 2–3% of the purchase price for closing costs, plus legal fees of about 1–1.5%. The 2% transfer tax is customarily paid by the seller. If you are buying land to build on, also allow for a new survey and any permit or connection fees.
Do I pay property tax in Pedasí?
Titled property in Panama is subject to annual property tax, but there are generous exemptions, including for a primary residence up to a set value, and rates are low by international standards. See our Panama Property Tax Guide for current rates and exemptions. Visit our Property tax guide page
What is the difference between living in Pedasí and Playa Venao?
Pedasí is a traditional small town with shops, banks, restaurants, schools and a health center, and quiet beaches a few minutes away. Playa Venao, about 30 minutes away, is a lively surf beach with hotels, restaurants and vacation rentals but fewer everyday services. Many buyers live in or near Pedasí and enjoy Venao as a day trip. See our Playa Venao real estate page for listings there. Visit our Playa Venao page
Can buying property in Pedasí help me get residency in Panama?
Yes, in some cases. Panama offers residency programs linked to real estate investment, and many retirees in Pedasí use the Pensionado visa, which is based on a lifetime pension rather than a property purchase. Requirements change, so we coordinate with an immigration attorney before you commit.
Can I buy property in Pedasí without being in Panama?
Yes. Many of our clients start with video tours and buy remotely, signing through a power of attorney with an independent Panamanian attorney. Because we live in Pedasí, we can visit properties, check boundaries and handle closing details on your behalf. For land, we recommend visiting in person or sending a trusted representative before closing.