
2-Bedroom Home for Sale in Pedasí Panama | $139,900
Listing Ref: PLS-200074
A Renovated Village Home Where the Pacific Coast Slows Everything Down
This is the rare Panama property that asks nothing of you but your arrival — renovated top to bottom, cooled by new air conditioners, and equipped down to the refrigerator and stove. From the front porch you watch Pedasí unfold; from the back door you pick bananas off your own trees. At $139,900, it's a titled, walkable, move-in-ready foothold in one of Panama's most beloved beach towns.
Property Details
Step inside and the story continues in a quieter register. Renovated from top to bottom, the interior feels fresh rather than fussy: a spacious kitchen anchored by solid wood cabinetry, a new refrigerator and stove waiting to be filled, hot water running throughout, and two full bathrooms with showers. Brand-new air conditioners cool both bedrooms and the living room, so the Pacific afternoons stay outside where they belong. Across 86.12 m² of construction, nothing is wasted and nothing is missing — this is a house designed to be lived in easily, not managed endlessly.
Outdoors, the property takes on an unmistakably tropical character. The 322.7 m² titled lot stretches back into a green, productive yard where banana and plantain trees drop their fruit into your hands, and where there is genuine room to build a pool should you want to turn the backyard into a private retreat. Picture evenings here: the smell of rain on warm earth, the low hum of the village settling into night, dinner made from your own kitchen and eaten under the stars.
Location is the quiet luxury of this listing. From a calm residential pocket in the center of Pedasí, shops, restaurants, the bakery, the bank and the town's everyday services are all within an easy walk — a genuine rarity among houses for sale in Panama's beach towns, and a real financial advantage when a car becomes optional rather than essential. Beyond town, the wild Azuero coastline waits: Playa El Toro, Playa Arenal, Playa Venao's surf breaks, and the boats to Isla Iguana's turquoise water and nesting frigatebirds.
Pedasí itself has become one of the most watched names in Panama real estate — a fishing village turned expat haven that has grown without losing its manners. English is common, the local community is welcoming, and Panama's Pensionado program makes it one of the world's most practical places to retire in Panama. Yet inventory in the walkable town center remains genuinely limited, and renovated, fully equipped homes at this price point rarely stay on the market long.
At $139,900, this is an unusually clean proposition: a titled, turnkey house in central Pedasí that works equally well as a full-time residence, a lock-and-leave second home, or a rental asset in a town with steady visitor demand. Buy property in Panama at this level and you're not gambling on a future — you're buying one that's already built, already renovated, and already waiting on the porch.
Features
- Fully renovated, move-in ready and equipped
- Walkable central Pedasí location
- New A/C in both bedrooms and living room
- Solid wood kitchen cabinetry with new appliances
- Large front porch for village-life mornings
- Banana and plantain trees in the backyard
- Room to build a pool on a 322.7 m² titled lot
Neighborhood
Pedasí is the Azuero Peninsula's quietly confident star — a former fishing village of pastel façades, shaded plazas and unhurried afternoons that has drawn expats, surfers and second-home buyers without surrendering its small-town soul. Life here is measured in tide charts and dinner invitations rather than commutes. Ten minutes in any direction and the coastline turns wild: empty sand, warm water, and horizon.
Nearby:
Commute Times: Everything in town is walkable. Playa El Toro and Playa Arenal are minutes by car; Playa Venao about 30 minutes; Chitré roughly 1.5 hours; Panama City approximately 4.5 hours by road or under an hour by regional flight to nearby airstrips.
Frequently Asked Questions
Is $139,900 a good price for a home in Pedasí?
For a fully renovated, fully equipped 2-bedroom home on a titled lot within walking distance of the town center, yes — this sits at the accessible end of Pedasí real estate. Comparable renovated homes in walkable locations frequently list higher, and this one requires no immediate capital for repairs or appliances.
Can foreigners buy property in Panama?
Yes. Foreigners enjoy the same property rights as Panamanian citizens and can hold titled property outright, in their own name or through a corporation. This home is on a titled lot, which is the strongest and most straightforward form of ownership in Panama.
Is this home ready to move into?
Completely. It has been renovated from top to bottom and comes equipped with a new refrigerator and stove, solid wood kitchen cabinetry, hot water throughout, and brand-new air conditioners in both bedrooms and the living room. You can arrive with suitcases and start living.
Would this work as a rental investment?
It's well suited to it. Pedasí draws a steady stream of surfers, sport fishermen, snorkelers and long-stay visitors, and a turnkey two-bedroom within walking distance of restaurants and shops is exactly what that market looks for. Its low purchase price also keeps the entry cost — and the risk — modest.
Do I need a car to live here?
Not for daily life. Shops, restaurants, banking and everyday services are all within walking distance of the house. A vehicle is useful for beach days, trips to Playa Venao, or larger shopping runs to Chitré, but it isn't required for errands.
What are the next steps to purchase?
DoPanama Real Estate & Relocation (License PJ-1430-2023) is licensed and bonded, and guides buyers through viewing, offer, title verification, escrow and closing — plus residency and relocation questions if you're planning a move. Call or WhatsApp +507 6443-3341 to arrange a showing or a virtual walkthrough.
Renovated, fully equipped homes inside walkable central Pedasí are scarce, and at $139,900 this one sits well below the price of comparable turnkey properties. Listings like this move on the first serious visit.
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