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Playa Venao Real Estate Market Report Q4 2026: Price per m² and Data Snapshot

Writer: Ken Norton
Ken Norton
5 hours ago
3 min read

Our quarterly Playa Venao report summarises the asking prices of the 27 properties we currently list in Playa Venao and along the surrounding coast. It covers houses, condos, building lots and larger farms, with price per square metre, price bands and the key technical facts. For current listings, see our Playa Venao real estate page.

Surfer at Playa Venao, Panama

Playa Venao at a glance: October 2026

  • Active listings analysed: 27

  • Asking price range: US$100,000 to US$3,600,000

  • Median asking price: US$525,000

  • Property mix: 13 houses/villas, 6 condos/apartments, 6 lots, 2 farms/large acreage

  • Houses and villas: 13 listed, from US$275,000 (median US$590,000, top US$2,100,000)

  • Condos and apartments: 6 listed, from US$252,700 (median US$482,450, top US$750,000)

  • Lots: 6 listed, from US$100,000 (median US$439,500, top US$3,600,000)

  • Bedroom mix (homes and condos): 1-bed × 2, 2-bed × 6, 3-bed × 9, 6-bed × 1, 8-bed × 1

  • Sizes: median house size 210 m² of construction; median house lot 2,284 m²; median condo size 99 m²; median lot size 8,000 m²

Asking price per square metre

  • Houses and villas (built area): 11 listings with a stated size, median US$2,473/m², range US$1,657–4,535/m²

  • Condos and apartments (built area): 5 listings with a stated size, median US$3,938/m², range US$2,553–5,693/m²

  • Building lots (land area): 6 listings with a stated size, median US$52.9/m², range US$30.0–1,062.0/m²

  • Farms and large acreage (land area): 2 listings with a stated size, median US$2.8/m², range US$2.6–3.0/m²

Lot prices per m² vary widely here because the sample mixes small ocean-view lots near the bay with large parcels further inland, so the median is more useful than the range.

Listings by price band

  • Under US$200,000: 2 listings

  • US$200,000–399,999: 8 listings

  • US$400,000–749,999: 12 listings

  • US$750,000–1.49 million: 3 listings

  • US$1.5 million and over: 2 listings

Technical snapshot: Playa Venao

  • Location: a surf bay on the southern Azuero coast, Los Santos province.

  • Drive time: about 30 minutes from Pedasí, which has the nearest town services.

  • Air access: fly to Pedasí from Albrook Airport (about 45 minutes), then drive.

  • Climate: dry season from about December to April, like the rest of the Arco Seco.

  • Entry points: ocean-view lots from about US$100,000 and condos from about US$252,000.

  • Property types: beachfront and hillside homes, small condo buildings, lots and farm acreage.

  • Title: check whether each property is titled or Rights of Possession; our lawyers verify this in due diligence.

Buying costs and rules that apply

  • Currency: Panama uses the US dollar, so prices are quoted and paid in US$.

  • Ownership: foreigners can own property outright with the same rights as Panamanians, in their own name or through a corporation or foundation.

  • Deposit: typically 10% of the price, held in trust or escrow when the Promise to Purchase Agreement is signed.

  • Buyer costs: buyers pay no commission to Panama Properties. Typical costs are attorney's fees of about 1% of the price, notary and registration fees of a few hundred dollars, and a small escrow fee if used.

  • Seller costs: sellers typically pay the transfer tax and capital gains tax.

  • Property tax (primary residence): first US$120,000 of cadastral value exempt, 0.5% from US$120,001 to US$700,000, 0.7% above that.

  • Property tax (rentals and second homes): first US$30,000 exempt, 0.6% to US$250,000, 0.8% to US$500,000, 1.0% above.

  • Finance: most foreign buyers pay cash by international wire, and mortgage options are available through our lending partners on approved credit (OAC).

Methodology

How to read these numbers: every figure here comes from the asking prices of properties currently listed with Panama Properties in Playa Venao as of October 2026. They are not completed sale prices, valuations or appraisals, and the samples are small, so a single listing can move a median. Price per m² for homes and condos is the asking price divided by the stated construction area; for land it is the asking price divided by the lot area. Listings without a stated size are counted in the price figures but left out of the per-m² figures. Use this report as a starting point, and ask us for comparables on any property you are considering.

See every Playa Venao listing

Browse current homes, condos and land on our Playa Venao real estate page. Prices and availability change often, and this report will be refreshed each quarter.

Ready to look at properties? Start the Buying Process and we will send you matching listings and comparables. You can also WhatsApp Ken Norton on +507 6169-2453 (English) or Evelyn Díaz on +507 6718-4140 (Español).

 
 
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