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Located in Panama's Azuero Peninsula, Pedasi is a relatively undeveloped location in Panama's development boom. Pedasi has good roads, lighting and other improvements largely due to a former Panama president who came from Pedasi. A large number of beaches and proximity to excellent fishing and surfing only serve to increase the attractiveness of Pedasi property for living or real estate investment.

Panama's Azuero Peninsula

The Azuero Peninsula is in Los Santos Province, Panama. Bordered by the Pacific Ocean to the South and West and the Gulf of Panama to the East the Azuero Peninsula has somewhat dryer weather than most of Panama but still has a Panama climate with two seasons, wet and dry. Much of the province is devoted to agriculture. Pedasi, Panama is one of the three main cities. The others being Chitre and Las Tablas. During the annual carnival this area is especially popular.

Pedasi, Panama

Pedasi, Panama is known for world class sport fishing. The list of catchable fish out of Pedasi include such as amberjack, big eye tuna, blue fin trevally, grouper, Pacific sailfish, Wahoo, and more. Daily fishing tours as well as three and four day excursions are available.

Surfing is popular at Playa Venado. This area is known for some of the best surfing on the West coast of the Americas.

Property around Pedasi, Panama

Locals are comparing the area around Pedasi, Panama to Costa Rica before the land boom there. Development is just starting and there are large parcels of land as well as individual lots available at prices below those seen elsewhere in Panama not to mention nearby Costa Rica.

A parcel of one hectare or 2.5 acres of beach front near Pedasi is offered for $585,000 or best offer. Other Pedasi, Panama resort beach properties are offered as follows: 10,000 sq. ft for $80,000, 13,000 sq. ft. for $120,000, and 16,000 sq. ft. for $150,000.

Everything from 100 acre farms inland to city lots is also available in and around Pedasi, Panama. A two bedroom beach front villa goes to $400,000 and another two bedroom villa on the beach for $250,000.

A nine acre inland lot with a good access road is selling for $160,000.

Panama Property

Pedasi is a great location on its own but it is also in Panama! Panama is unique in that this small tropical country has undeveloped areas like Pedasi in a country with a first world infrastructure. Panama also has easy residency requirements and allows foreigners to own property. The dollar is the local currency although it is called the Balboa here.

New construction on Panama property is free of property taxes for 20 years and low end housing receives a break on mortgage interest rates. (Government subsidized up to $80,000.

If you are interested in living in Panama, buying property in Pedasi, Panama, living on the Azuero Peninsula, or interested in investing in Panama contact us at ABPanama. We have over 23 years experience managing real estate portfolios.