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Pedasí Real Estate Market Update: Fall 2026 Prices

Writer: Ken Norton
Ken Norton
7 hours ago
2 min read

Hi, I'm Ken Norton, founder of Panama Properties. Every season I put together a short market update on Pedasí so buyers can see where prices actually sit before they plan a visit. Here's the fall 2026 picture, in video and in writing.



Pedasí town: move-in-ready homes from about $130,000

In town, you can still find move-in-ready two-bedroom homes from around $130,000 to $140,000. That's an attractive entry point for buyers who want to live within walking distance of the plaza, shops and restaurants, or who want a lock-and-leave base on the Azuero Peninsula without taking on a renovation.


Family homes near town and the beach: $175,000 to $385,000

Most family homes near town and the beach are listed between $175,000 and $385,000. This is the broadest part of the market, covering larger homes, bigger lots and properties a short drive from the coast. Where a home sits in that range usually comes down to size, finishes, land and how close it is to the water.


Playa Venao: the surf and tourism market

Over at Playa Venao, the market sits higher. Homes and condos there run from about $500,000 to over $900,000. Venao is one of Panama's best-known surf beaches, and its surf and tourism appeal is reflected in pricing.


Costa Pedasí land: still the value play

Land is still the value play. Lots in Costa Pedasí run roughly $110 to $250 per square metre (about $10 to $23 per square foot), depending on how close you are to the ocean.

To put that in perspective, a 1,000 m² lot (about 10,764 sq ft) would fall somewhere between roughly $110,000 and $250,000 at those rates. For buyers who want to build exactly what they have in mind, that's a compelling alternative to buying a finished home.


Fall 2026 Pedasí prices at a glance

Market

Typical price range

Pedasí town, move-in-ready 2-bedroom homes

About $130,000 to $140,000

Family homes near town and the beach

$175,000 to $385,000

Playa Venao homes and condos

About $500,000 to over $900,000

Costa Pedasí lots

About $110 to $250 per m² ($10 to $23 per sq ft)


In Panama, buyers pay no agent fee

One more thing worth remembering: in Panama, buyers pay no real estate agent fee. As a buyer, your costs are your own lawyer plus minor notary and land registration fees, so having a buyer's agent on your side doesn't add to your bill.


Want the full picture?

These ranges are a snapshot. Every property is different, and the right opportunity often comes down to timing and local knowledge. If you're considering Pedasí, message me on WhatsApp or start the buying process below, and I'll walk you through current listings that match your budget and plans.



English: Ken Norton, WhatsApp +507 6169-2453

Español: Evelyn Diaz, WhatsApp +507 6718-4140


See you in Pedasí.

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