$525,000
Condo For SaleEight Titled Apartments in Downtown Pedasí — Income Portfolio at $525,000
Property Details
- Bed
- 2
- Bath
- 2
- Building Area
- 84 m² ( ft²)
Location
Downtown Pedasí, Azuero Peninsula, Los Santos, Panama
Pedasi
Los Santos
🇵🇦 Panama
Description
View all 11 photosEight Doors, One Signature: A Turnkey Income Portfolio in Panama's Most Charming Beach TownThis is what it looks like when a coastal investment is already awake and earning — eight furnished apartments in the walkable heart of Pedasí, each with its own title, its own Finca number, and its own parking space. Buy it as a single portfolio, or unwind it one unit at a time as the Azuero Peninsula continues its rise. Either way, you wake up to salt air, a ten-minute walk to the panadería, and Playa Venao's surf breaks half an hour down the coast. Eight individually titled apartments sold as one packageFour 2BR/2BA lofts (84 m²) plus four studios (48 m²)Fully furnished and move-in readyDedicated parking space for every unitProven rental history of $650–$950 per unit monthlyWalkable downtown Pedasí locationShared community pool access; 30 minutes to Playa VenaoNeighborhoodPedasí is a sun-bleached fishing town on the tip of the Azuero Peninsula where the plaza still functions as the living room of the community and everything you need sits within a few blocks. Beyond the last street, the Pacific unrolls in long, empty arcs of sand — surf breaks to the south, marine reserve to the east, sportfishing boats leaving before sunrise. It is small-town Panama with an international pulse quietly building underneath it. Commute Times: Everything in town is a 5–10 minute walk. Playa Venao is roughly 30 minutes by car; Chitré and the regional hub is about 1.5 hours; Panama City is approximately 5 hours by road, with regional air connections shortening the trip considerably. Yes. The asking price of $525,000 USD covers the complete package of eight apartments — four two-bedroom lofts and four studios — sold together as a single transaction. Individual pricing for separate units has not been established by the seller. The existing long-term rental program has historically produced approximately $650 to $950 per unit per month, plus utilities. With eight units, that establishes a meaningful income floor, and short-term or vacation rental strategies remain unexplored given Pedasí's proximity to Playa Venao. Each apartment holds its own registered title and Finca number under Panama's Propiedad Horizontal (P.H.) regime. This gives you the option to sell units one at a time, finance them separately, or hold them as a single portfolio — a level of flexibility most multi-unit buildings simply cannot offer. All eight units are fully furnished and move-in ready. Each comes with a dedicated parking space and shared access to the community swimming pool in the neighboring building, so the portfolio can begin generating income immediately after closing. Yes. Foreign buyers enjoy the same ownership rights as Panamanian citizens for titled property, with no restrictions on residential real estate in areas like Pedasí. DoPanama Real Estate is licensed and bonded (PJ-1430-2023) and guides clients through title verification, escrow, and closing from start to finish. Slow, warm and genuinely social. You can walk to the bakery, the bank and the beach; the expat community is established but small; fiber internet supports remote work; and world-class surf, snorkeling and sportfishing are all within a short drive. It is one of Panama's most authentic coastal towns. Turnkey, individually titled, income-producing portfolios rarely reach the open market in Pedasí — and as the Playa Venao corridor matures, packages assembled at this basis become harder to replicate. Chat on WhatsApp🏠Interested in This Property?Contact our team for more details, to schedule a viewing, or to make an offer. +507 6443-3341[email protected]Thinking About Selling Your Property?We know this market. List your property and reach qualified international buyers.
Property Analysis
- USD price
- $525,000
- Initial USD price
- $525,000
- Price / m² (building)
- $6,250
- Price / bedroom
- $262,500
- Property age
- 0 years
- Bath / bed ratio
- 1.00
- Building / lot ratio
- 0.0%
- First seen by us
- 3w ago
- Days on market (ours)
- 20
- Days on market (source)
- 34
- Listing completeness
- 72%
- Data flags
- geo_missing
Scrape History
| Updated | Price | Status | Completeness |
|---|---|---|---|
| 2026-10-02 | $525,000 | For Sale | 72% |
| 2026-09-25 | $525,000 | For Sale | 72% |
| 2026-09-17 | $525,000 | For Sale | 72% |
| 2026-09-15 | $525,000 | For Sale | 72% |
| 2026-09-13 | $525,000 | For Sale | 72% |
| 2026-09-12 | $525,000 | For Sale | 72% |
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