~45 min
FlyTrip flight from Albrook, Panama City
$48K
Where our current listings start
Dec–Apr
Dry season in the sunny Arco Seco
$0
Agent commission for buyers
Welcome to Pedasí
In short: Pedasí is a small town on the Azuero Peninsula with homes for sale, casitas, ocean-view and beachfront lots, development land and investment properties, including furnished apartments. Current listings include 16 houses from about $48,000 to $1.45 million and 10 building lots from $45,801, and the town is about a 45-minute FlyTrip flight from Albrook in Panama City.
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 part of the country, so it gets more sunshine and less rain than most of Panama.
Buyers come for a retirement home within walking distance of town, a beach house, a lot to build on, or a rental near the surf at Playa Venao. Prices are well below Panama’s better-known beach areas, and several listings offer owner financing. Panama Properties is based here: our office is in Plaza Pedasí, our team lives here year-round, and we know the local builders, attorneys and surveyors personally.
Pedasí Homes 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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All Pedasí homes, lots and land for sale
Pedasí Prices at a Glance
Based on our current listings. Prices change, so ask us for what is available today.
Casitas and Tiny Homes
From about US$48,000. A low-cost way to own in or near town.
Homes in and Around Town
About US$139,000 to US$285,000 for two- and three-bedroom homes, many new or recently renovated.
Ocean-View Homes With Pools
About US$435,000 to US$525,000 for larger homes with views and outdoor living.
Beachfront Luxury
About US$1.45 million to US$2.8 million for beachfront homes and villas, including Los Destiladeros.
Building Lots
About US$45,000 for a large town-area lot up to US$315,000 for a beachfront lot in a gated community.
Development Land and Investments
From a two-hectare parcel at about US$20 per m² to apartment buildings and boutique hotel estates.
Why Buyers Choose Pedasí
The Sunniest Corner of Panama
Part of the Arco Seco, with a longer dry season and more sunshine than most of the country.
Beaches and Nature
Uncrowded beaches, Isla Iguana’s wildlife refuge, sportfishing, surf at Playa Venao and seasonal whale watching.
A Real Town
Shops, restaurants, banks, schools and a health centre in a traditional Azuero village, not a resort.
Good Value
Homes, lots and land at prices well below Panama’s busier beach areas, with owner financing on several listings.
Remote-Work Ready
Paved roads, grid power and fibre internet in town and many nearby areas. Check each property, as rural service varies.
A Welcoming Community
Friendly locals and a growing group of retirees, families and remote workers from around the world.
Where to Buy in and Around Pedasí
Each area has its own character, access and price level.
Pedasí Town
A walkable, colonial-style village with shops, restaurants and services. The best choice for affordable homes and long-term rentals.
Punta Mala
A quiet coastal area about seven minutes 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.
Gated Beachfront Community
An established gated beachfront community with homes and building lots, popular with retirees and second-home owners.
Beachfront Homesites
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 away, one of Panama’s best-known surf beaches, with condos, villas and boutique hotels.
Living in Pedasí
The practical side: getting here, healthcare, climate and beaches.
Getting Here
FlyTrip flies from Albrook Airport in Panama City to Pedasí every day in about 45 minutes. By road it is about four and a half to five hours on paved highways, and shuttles and private drivers are available.
Healthcare
Pedasí has a local health centre 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 and Beaches
Warm all year, with a dry season from about December to April. Even the rainy season is drier than most of Panama. Beaches range from calm swimming bays to surf breaks.
Ways to Buy
Two options many Pedasí buyers ask about.
Owner Financing
Several Pedasí homes and building lots are offered with owner financing. The down payment, interest rate and term are agreed with each seller, and your attorney records the financing so both sides are protected.
Buy a Home or Build Your Own
A finished home lets you move in or rent right away with known costs. Building gives you your own design and often a lower cost per square metre. Check road access, water, power and internet before buying any lot.
Know Before You Buy
Coastal and rural property in Panama has rules worth understanding first.
Titled Property
Full ownership registered at the Public Registry. The safest and simplest option for foreign buyers, and it can be financed, insured and resold easily.
Rights of Possession
Found on some rural and coastal land. Legally recognized but not registered title, so it needs careful verification and an experienced attorney.
The Coastal Strip
On the Pacific coast, the first 22 metres inland from the high-tide line is public land and cannot be privately owned. Beachfront purchases need a survey that shows it.
Protected Land
Mangroves and protected areas cannot be titled or built on. Your attorney and surveyor should confirm the boundaries on site.
Water, Power and Internet
Town has municipal water. Many country and beach properties use private wells with storage tanks for the dry season. Confirm each service for the specific property.
Permits and Building
Building plans need municipal approval before construction starts. Allow for a new survey and any permit or connection fees when buying land.
Hear From People Who Moved to Pedasí
In these interviews, Ken from Panama Properties sits down with expats from Canada and the United States to talk honestly about why they chose Pedasí, what surprised them, what is still challenging, and their advice for anyone thinking about the move.
Tamara and Neil: From Alberta
After long Canadian winters on an Alberta horse farm, Tamara and Niel wanted sunshine and whales from shore. They talk about living costs, a busy social life, and the challenges, from power cuts to paperwork.
Erick: The Coast Over the Mountains
Erick and his wife moved from Washington State in 2024 with their dogs, rented first, then bought in Punta Mala. He covers flying pets to Panama, early power cuts and the Friday market.
Glen: Five and a Half Years In
Glen, a former architect from Ontario, rented in town for a year before building his own home outside Pedasí. His advice: visit first, rent before you buy, and work with people who know local building.
Where Pedasí Is
At the southeastern tip of the Azuero Peninsula in Los Santos province, on Panama’s Pacific coast.
How Buying in Pedasí Works
01
Talk to Us First
Tell us your budget, whether you want a home, a lot or land, and how you plan to use it.
02
Tour and Compare
Visit homes, walk the land and compare communities, access and utilities. We can also tour by video.
03
Make an Offer
Offers are usually made through a promise-to-purchase agreement with agreed deposit terms.
04
Due Diligence
Your independent attorney checks the title or possession rights, survey, zoning, liens, shoreline limits and access.
05
Closing
You sign the purchase deed and the property is registered in your name. Buyers pay no agent commission.
Before closing, see Title & Due Diligence and Buying & Closing Costs.
06
Handover and Beyond
We help set up utilities, property management, builders and anything else you need after closing.
Pedasí Real Estate FAQ
Can foreigners buy property in Pedasí?
Yes. Foreigners have the same property rights as Panamanian citizens and can own titled property in their own name or through a Panamanian corporation or foundation. Pedasí is not affected by Panama’s border restrictions on foreign ownership.
How much does property cost in Pedasí?
Based on our current listings, casitas start at around US$48,000, homes in and around town range from about US$139,000 to US$285,000, and ocean-view homes with pools are about US$435,000 to US$525,000. Lots range from about US$45,000 to US$315,000, and beachfront luxury homes from about US$1.45 million to US$2.8 million.
Is owner financing available?
Yes, on several listings, including homes and building lots. Terms are agreed with each seller, and your attorney records the financing so both sides are protected. See owner-financed properties.
Can I get a mortgage on a property in Pedasí?
Yes, on titled property. Through our mortgage partner, non-residents can borrow up to 75% of the property’s value, based on income. Land and rural properties can be harder to finance than finished homes. See our Mortgages & Loans guide.
How do I get to Pedasí?
FlyTrip flies from Albrook Airport in Panama City to Pedasí every day in about 45 minutes. By road it is about four and a half to five hours on paved highways. Read our Pedasí Transportation Guide.
Is there good healthcare near Pedasí?
Pedasí has a local health centre 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.
What are water, power and internet like?
Pedasí Town and most surrounding communities have grid electricity, and fibre internet is available in town and many nearby areas. Many country and beach properties use private wells, often with storage tanks for the dry season. Confirm each service for a specific property.
What is the weather like, and when should I visit?
Warm all year in the Arco Seco, the driest part of Panama. The dry season runs from about December to April; the rainy season, about May to November, brings afternoon showers but is still drier than most of the country. Many buyers visit in both seasons.
Can I rent out my property?
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, location and management, so we help you estimate realistic income and costs.
How much does it cost to build a home?
It depends on size, design, finishes and the site, including access, slope and 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. Read our building guide.
What are the closing costs?
Buyers pay no commission to their real estate agent. Your main cost is your attorney, typically about 1% to 1.5% of the price, plus small notary and Public Registry fees. The 2% transfer tax is customarily paid by the seller. For land, also allow for a survey and permit or connection fees.
Do I pay property tax?
Titled property is subject to annual property tax, with exemptions including for a primary residence up to a set value, and rates are low by international standards. Read our Property Tax Guide.
What is the difference between Pedasí and Playa Venao?
Pedasí is a traditional town with shops, banks, restaurants, schools and a health centre, with quiet beaches minutes away. Playa Venao, about 30 minutes away, is a lively surf beach with hotels and vacation rentals but fewer everyday services. See Playa Venao real estate.
Can buying property in Pedasí help me get residency?
It can. As of September 2026, the Qualified Investor visa needs US$300,000 for a new, first-sale property and US$500,000 for a resale. A titled property of US$200,000 or more can support the Friendly Nations visa if your country qualifies, and many retirees here use the Pensionado visa instead. Compare residency routes.
Can I buy without being in Panama?
Yes. Many clients start with video tours and buy remotely through a power of attorney. Because we live in Pedasí, we can visit properties, check boundaries and handle closing details for you. For land, we recommend visiting in person or sending a trusted representative.
Ready to Look in Pedasí?
Our office is in Plaza Pedasí and our team lives here year-round. Tell us your budget and what you are looking for, and we will show you homes, lots and land that fit, in person or by video, and introduce the attorney, surveyor and builders you need.
Message us on WhatsApp at +507 6169-2453. Buyers pay no agent commission.
Panama Properties
Unit 1 Plaza Pedasí (Super Pedasí Plaza)
Pedasí, Los Santos 7401, Panama
WhatsApp: +507 6169-2453
Email: ken@panama-properties.com