Our Panama Real Estate Company
Panama Sovereign Realty is a full-service real estate firm focused on delivering professional, strategic real estate services across Panama. We work with buyers, sellers, and investors seeking clarity, efficiency, and real opportunity in a competitive and evolving market.
Our approach is built on identifying the right opportunities, providing clear market guidance, and executing transactions with precision. Whether acquiring, selling, or investing, our role is to simplify the process and deliver results aligned with each client’s objectives.
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Greg Hanson166 days agoTrustindex verifies that the original source of the review is Google.
We recently purchased a home in the Pedasí area and decided to work with a realtor to help us navigate the process. We found Tedd and Panama Sovereign almost by chance through WhatsApp, and looking back, we were incredibly lucky we did. After discussing our budget, preferred locations, style of home, and everything else that goes into finding the right property, Tedd listened carefully and showed us three properties that were excellent fits for what we were looking for. Two of those properties were Tedd’s listings, and in the end, we chose one of them. One thing worth mentioning is that we have purchased several homes over our lifetimes, and finding a realtor who truly listens to your budget and preferences — and then actually shows you properties that fit those requirements — is rarer than it should be. Tedd absolutely did that. Even though Tedd was representing the sellers, he handled the entire transaction with exceptional professionalism and fairness from beginning to end. As foreigners buying property in Panama for the first time, we were navigating unfamiliar territory — language barriers, attorneys, inspections, utilities, and all the many details involved in an international real estate purchase. Tedd connected us with trustworthy professionals every step of the way and made what could have been an overwhelming process much more manageable. This particular sale involved a fair amount of back-and-forth and some challenging moments, but throughout the process Tedd remained calm, neutral, and solution-oriented. At no point did we feel like we were “on the other side of the deal.” He worked hard to keep communication constructive and to ensure the process stayed fair for everyone involved. What stood out most was his integrity and professionalism under pressure. In a smaller community like Pedasí, those qualities matter a great deal, and we would not hesitate to recommend Tedd to anyone looking to buy or sell property in the area.Posted on Google![]()
Ed Small166 days agoTrustindex verifies that the original source of the review is Google.
Tedd has helped us on several transactions, Pedasi and Buenaventura. He's tops in our book, great guy and knows his stuff!Posted on Google![]()
Real Ideal LLC168 days agoTrustindex verifies that the original source of the review is Google.
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Quincey Jones168 days agoTrustindex verifies that the original source of the review is Google.
I had a great experience working with Panama Sovereign Realty. The team was professional, knowledgeable, and genuinely committed to helping me through the entire process. Their communication was clear and consistent, and they made everything feel straightforward and stress-free. It’s obvious they really care about their clients and go the extra mile to deliver a great outcome. I wouldn’t hesitate to recommend Panama Sovereign Realty to anyone looking for reliable and trustworthy service.Posted on Google![]()
M M168 days agoTrustindex verifies that the original source of the review is Google.
Tedd was and still is an amazing partner in all aspects of my move. From land purchase to recommendations on a builder, contractor, legal representative and everything!Posted on Google![]()
Paul168 days agoTrustindex verifies that the original source of the review is Google.
We wasted six months with a different realtor. We switched to Sovereign and sold a few months later. Highly recommended!Posted on Google![]()
Jana Schmidt246 days agoTrustindex verifies that the original source of the review is Google.
We met with Jonathan while visiting Casco Viejo in Panama, and I was immediately impressed. As a real estate professional from the States, and also a real estate investor, I struggle to find real estate brokers that I want to work with. I could tell from the start that Panama Sovereign Realty has its thumb on the Panamanian real estate market. Jonathan helped me understand the neighborhoods of Panama City by going over the pros and cons of each area. He took the time to ask me questions about what is important to me when it comes to relocating from the United States to Panama. He asked me about my hobbies and quickly honed in on how important looking for real estate near the Cinta Costera would be for me. Jonathan went into great detail about other locations like Costa del Este, Punta Pacifica, the Ocean Reef Islands, and while I loved Casco Viejo the most, the better fit for me was an area with newer buildings like Ave Balboa. Panama Sovereign Real Estate invested considerable time with me right from the start. It was catered to my needs and desires. I felt that I was working with a team that was knowledgeable about the local market conditions and knew the areas like the back of their hands. I truly wish I had started the conversation with Jonathan and his team before I traveled to Panama, it would have been helpful to have his expertise to do some research before I left home. I didn’t do this because I was feeling overwhelmed with trying to understand all the many choices of real estate available in Panama City. While I’m grateful to have found his office right in the heart of Casco Viejo in Panama, I know from experience that you don’t always get the most experienced and dedicated real estate professionals by chance. One of the team members took me to see some luxury penthouse condominiums within steps of the Cinta Costera, and we had a chance to see some beautiful properties and explore all the amenities within each of those buildings. Jonathan was also incredibly good at helping us to understand the investment opportunities and how they relate to the visa programs, and he took the time to explain and break all that information down for me in person, even though it’s all available on their website. Panama City is a big area to explore, and you’re going to want some help learning the area. Jonathan, David, and the entire team at Panama Sovereign Realty are sure to impress.Posted on Google![]()
Brad Sims435 days agoTrustindex verifies that the original source of the review is Google.
Ted and his team have been an unbelievable help in finding our perfect home in Panama! He is a consummate professional and showed us a number of remarkable properties. He was patient, listened to what we were looking for and gave great insight on adjusting to life in Panama. Ted also gave references for trustworthy contacts for legal representation, contractors, and maintenance personnel. He shared valuable information on community organizations and highlighted opportunities to get involved. Sovereign Realty is a great place to find a home in Panama and I am very happy to recommend them and Ted Tennis to anyone considering a home in Panama! His attention to detail and genuine concern to help us find the right place for us, along with his willingness to offer help and support afterward makes this the easiest review to make!+5Posted on Google![]()
Amy Soumis435 days agoTrustindex verifies that the original source of the review is Google.
Tedd Tennis assisted us in finding and purchasing our home in Pedasi. He was incredibly patient- I had many questions. He was effective in crafting a deal with the seller that was mutually acceptable. He introduced us to a law firm and attorney who was effectively communicative and resourceful in completing our purchase. He worked hard to make all a transparent process for us to work through, even though we are newbies to international real estate purchases. My husband and I highly recommend Tedd Tennis and his colleagues at Panama Sovereign Realty.+9Posted on Google![]()
Annie Van Dusen495 days agoTrustindex verifies that the original source of the review is Google.
Tedd and Elvin helped us sell our home in Pedasi. We thought we might be in for a long wait, but it sold within a few weeks. They were so professional and did such a good job of evaluating and advertising our house. The whole process was pretty seamless. We enjoyed so much working with them and suggest that if you are looking for someone to represent you in the area, they would be a good choice. Annie and Steve Van DusenPosted on Google![]()
Doug Danzer595 days agoTrustindex verifies that the original source of the review is Google.
Ted and the team are the agents you want to help you out on your journey- very informative and helpful- highly recommendPosted on Google![]()
Gloria Chu700 days agoTrustindex verifies that the original source of the review is Google.
Great team! I felt supported and informed every step of the way. They provided me with expert advice, smooth communication and were very dedicated. If you're looking for real estate professionals who deliver results with integrity, look no further!Posted on Google![]()
Bradley Alvelo721 days agoTrustindex verifies that the original source of the review is Google.
I can’t say enough good things about my experience with Jonathan at Panama sovereign realty. From the moment I started my home search in Panama, Jonathan was there every step of the way, providing expert guidance and support. His professionalism and attention to detail made the process smooth and enjoyable. I’m thrilled with my new home and highly recommend Jonathan to anyone looking to navigate the real estate market!Posted on Google![]()
William Cuervo721 days agoTrustindex verifies that the original source of the review is Google.
Panama sovereign made the process quick, easy, and enjoyable. Will recommend them for anyone buying RE in the area.Posted on Google![]()
Lucy C721 days agoTrustindex verifies that the original source of the review is Google.
Excellent experience! The team was incredibly professional, responsive, and knowledgeable about the Panama real estate market. They took the time to understand my needs and provided valuable insights that helped me make the right decision. Highly recommend them to anyone looking for reliable and expert real estate assistance in Panama.Posted on Google![]()
Isabella Beltran724 days agoTrustindex verifies that the original source of the review is Google.
Stopped in for some quick advice on the area. Super welcoming, friendly and not at all pushy. Great dogs too. Thank you!Posted on Google![]()
Candace Frigone807 days agoTrustindex verifies that the original source of the review is Google.
Elvin Vega, my realtor, has welcomed me to Pedasi with such genuine kindness and professionalism. I cannot say enough positive things about his character. As a foreigner, who does not yet speak English, and a first-time home owner, I have been a very needy client! Each time I call on Mr. Vega, he does not make me feel a burden. Not only has he helped me buy a house, he assisted me in buying a car and appliances for my house. As a locally-born Panamanian, he is extremely connected in the area and has offered me fabulous references for just about everything! Thank you Elvin Vega and Panama Sovereign Realty for making my dreams a reality!Posted on Google![]()
Keith Koegler876 days agoTrustindex verifies that the original source of the review is Google.
As a U.S. Citizen, we were a little apprehensive about purchasing real estate in a foreign country, particularly one where English isn't the dominant language. Jonathan allayed all of those fears, not only by helping us find the perfect lot for our family, but also by introducing us to builders and a fabulous lawyer who has guided us seemlessly through the process of obtaining a visa that will allow us to come and go in Panama as we choose. We deeply appreciate everything Jonathan has done for us and look forward to seeing him more and more as we join the Pedasi community.Posted on Google![]()
Jared Jones894 days agoTrustindex verifies that the original source of the review is Google.
I worked with Jonathon Clay at Panama Sovereign Realty. I live full time in the United States so it was critical for me to find somebody who I could trust and communicate easily with. From our first interaction, Jonathon was a great commincator and he made everything very easy for me. I ended up buying some property through him, and he made the entire process very easy, and held my hand through the whole thing. We closed months ago and Jonathon continues to communicate with me at a moments notice whenever I want to ask his opinion on something. He turned buying real estate in a foreign country into a shockingly easy and stress free process. Thank you Jonathon.Posted on Google![]()
sasha gupta899 days agoTrustindex verifies that the original source of the review is Google.
Jonathan is the best.I have bought and sold multiple properties in USA, but this was the most effecient and streamlined experience I have ever had. Thank you Jonathan.Posted on Google![]()
Ines G903 days agoTrustindex verifies that the original source of the review is Google.
Jonathan has been nothing short of incredibly knowledgeable and professional all through our Pedasi home sale ! Thanks a million, JPosted on Google![]()
Susanna Guidi1000 days agoTrustindex verifies that the original source of the review is Google.
Dealing with Tedd was a pleasure, more : a relief. Not only he is professional and pleasant. He is a gentle soul and now that I bought the place I was dreaming of, thanks to him, I would like to meet him again as a friend.+0Posted on Google![]()
P Klemet1009 days agoTrustindex verifies that the original source of the review is Google.
Johnathan has a portfolio of awesome properties. Pedasi is a country town with a focus on beaches, beauty, bountiful seafood fresh from the Pacific Ocean. Many Fonda's and restaurants line the town from end to end. What a treat to visit.Posted on Google![]()
Sir Huff n Puff1027 days agoTrustindex verifies that the original source of the review is Google.
This is THE company to trust when looking for real estate. They take the time to know you as a person, not simply as a paycheck. They want you to be happy, and they work tirelessly to help you achieve your dream. Thank you Panama Sovereign Realty, you are truly the best!+0Posted on Google![]()
Kenna Bolan1046 days agoTrustindex verifies that the original source of the review is Google.
Panama Sovereign Realty is a great real estate agency in Pedasi. They are our three angels! They represented us purchasing a home in Pedasi this year and we couldn’t be happier with their experience, professionalism, and knowledge. After moving here, I have asked them numerous questions and advice for getting services to us and much more. I would highly recommend them to anyone considering listing their home or purchasing a home! Thank you Jonathon, Ted and Elvin!+0Posted on Google![]()
Rocky King1064 days agoTrustindex verifies that the original source of the review is Google.
I very rarely take the time to write a review...I only do them if someone is really good or really bad. I'm here to tell you that Tedd Tennis from PSR has done a fantastic job for me. Tedd recently sold a property for me in Costa Pedasi, Panama. He is extremely professional and in tune with the market, responds to me right away, and follows up on everything to make sure things get done! I highly recommend him for for any real estate sales or purchases.Posted on Google![]()
James Paterson1069 days agoTrustindex verifies that the original source of the review is Google.
We were initially provided with a reference to Panama Sovereign Realty and specifically Tedd Tennis by friends of ours that we know well and who have been living in the Pedasi area for years. We had heard a lot about the area and were thinking of purchasing a property there for our family. When my oldest son and I finally made it down there Tedd was away, but he made sure that we were very well taken care of by a bright young realtor named Elvin Vega. Elvin was excellent, as he is born and raised in Panama and has lived in Pedasi for over 15 years. He knows all of the local knowledge, the ins and outs, for the entire area, and he has a great sense of humour. After showing us every type of property imaginable we were very well informed and capable of deciding on the one we wanted to purchase. We returned a few weeks later with my wife and youngest son to confirm the property to be purchased and even though it meant taking us back to many of the same properties Elvin had the same enthusiasm as the previous time around. Once the property was chosen, Tedd took over and introduced us personally to local legal representation (as he represented the Seller) who is critical in the process and also to his own personal home builder who we have now contracted with to build our residence. The personal touch in Panama is incredibly important as it puts you at ease with the purchasing process, opening bank accounts, and the contract negotiation, all of which may be different than what you are used to/ language barriers/etc. Everything flowed as smoothly as it could have and we very much appreciate the excellent service and continuing assistance that we have been provided by Panama Sovereign Realty.Posted on Google![]()
neil picha1069 days agoTrustindex verifies that the original source of the review is Google.
Tedd and PSR realty have helped us buy property in the Pedasi area for over ten years. He knows Pedasi and the Venao area, the history of the developments and builders better than anyone. He is very honest and thorough. Tedd and his team are the only ones I would trust for my real estate needs.Posted on Google![]()
Sharon Richards1070 days agoTrustindex verifies that the original source of the review is Google.
We recently bought property from Tedd Tennis of PSR. He assisted us every step of the way and made buying property in a foreign country an easy process. Since our purchase, Ted has continued to assist us with his local knowledge and is quick to respond to all our questions. Thank you PSR for helping us make our dream of owning property with a gorgeous ocean view a reality!Posted on Google![]()
Brad Felger1073 days agoTrustindex verifies that the original source of the review is Google.
When I decided to sell one of my parcels of land in 2022 I didn’t know any Realtors so I asked some friends of mine in Pedasi and Venao who they recommended and consistently they said for me to call Sovereign Realty. I decided to list my property with Tedd and he found a buyer for my land and communicated with me every step of the way. Then I asked Tedd if he had any contractors he could recommend to build my home on our other piece of property nearby. Tedd sent me names and contact information for a couple of builders that he would recommend. I now have my dream home in Panama from one of the builders that Tedd had recommended to me. When I sold my property with Tedd I not only found a great realtor, I also found a good friend! I highly recommend Panama Sovereign Realty to everyone!👍Posted on Google![]()
Gaspar Burke1084 days agoTrustindex verifies that the original source of the review is Google.
These guys are a class act, very professionals and knowledgeable. They work hard to get you the best market price. I personally delta with Jonathan and he went the extra mile. They are highly recommended. Kudos to them allPosted on Google![]()
kaye ashbridge1240 days agoTrustindex verifies that the original source of the review is Google.
Mission accomplished!! On a Friday Jonathan and Tedd came to our home to discuss marketing it for sale. We talked about market cycles and pricing the property for a quick sale…not a fire sale, but a fair sale that left us, the sellers, feeling whole and that would entice a qualified buyer to see the value and move quickly. Two days later Jonathan and Tedd had each confirmed showings for Monday. We received detailed feedback within an hour of each showing from each agent regarding their clients’ reactions to the property. That same night we received a full price offer on our home. This took place in just four days! But the work was not done. There are so many legal items to gather and tie together in a property sale and timing is everything. With the knowledge, experience and professionalism of the PSR team we were covered. They took care of communications between attorneys and acquiring Paz y salvos for our closing. They also attended us at the closing. If you are considering selling or buying a property, I highly recommend engaging Panamá Sovereign Realty. 👍Posted on Google![]()
christopher elletson1341 days agoTrustindex verifies that the original source of the review is Google.
Dear Tedd, I would like to thank you for the help you gave me to find a buyer for the land I owned in Pedasi and the follow through assistance until completion.There were various issues surrounding the sale and you patiently guided me along. Again, your help was much appreciated. I recommend your service. Kind regards, ChristopherPosted on Google![]()
Cathy Fenwick1359 days agoTrustindex verifies that the original source of the review is Google.
We listed our home in Pedasi with Tedd and Jonathan. They took excellent care of us from start to finish. Communication was great, and always professional. Tedd and Jonathan are knowledgeable about the area, they are part of the community, and they know the market well. We live in Spain and they took care of many details above and beyond to ensure things went smoothly for all concerned. We really can’t say enough good things , they were competent, personable and discreet. We would absolutely use their services again!Posted on Google![]()
Karen Shalala Norris1425 days agoTrustindex verifies that the original source of the review is Google.
We made a trip to Pedasi that was a combination of holiday and exploration for the possibility of purchasing of a vacation/retirement property. We met with Jonathan Clay who listened to our ideas and needs for a home in Pedasi. He was very knowledgable about the local environment, and gave excellent advice on how to proceed. We did not immediately find a resale home to suit our needs, but Jonathan then suggested land for sale for a new build, that was perfect. He arranged for us to meet the seller and see the designs for a house on the lot- which we felt was perfect. We purchased the land, and although there were some lengthy red-tape issues with the transfer, we had Jonathan keeping us up to date all through the process. His knowledge, suggestions, support and perseverance through the process from start to finish were invaluable to us in making a big decision to purchase and build in Panama. We highly recommend Jonathan Clay and Panama Sovereign Realty.Posted on Google![]()
Terry Moe1471 days agoTrustindex verifies that the original source of the review is Google.
Three Month update….. Panama, Pedasi, and Panama Sovereign Realty continue to surprise and delight our family. Here is the story from yesterday… My neighbor got his ATV vehicle stuck in a river bed near the beach while doing some nature exploring. He called me to help. While driving out to help recover the vehicle I bumped into Jonathan Clay from PSR. I explained the situation in passing. Jonathan proceeded to hop in his 4x4 and help rescue and recover my neighbor. He didn’t ask or waiver. Jonathan literally jumped in the river to help. I am so impressed with Jonathan Clay, Panama Sovereign Realty and the citizens of Panama. Everyone came together to help a foreign person out. Nobody expected anything in return. Everyone was unhurt and safe the vehicles were recovered in a fast manner due to all the locals helping out. Other countries could learn a lot about service and caring for others. Moving is stressful and exciting. Moving to a foreign country where one isn't fluent in the local language can be even more challenging. Jonathan and Tedd at Panama Sovereign Realty helped us make the move to Panama so much easier. Their knowledge, transparency, and patience really helped our family find a great house. In an awesome location. Through the ups and downs of the pandemic, the changing laws and mask guidelines, Jonathan always had good acturate information that helped us make sound confident decisions. If you are considering Panama and need help, Panama Sovereign Realty is a great place to start your journey. I will work with this team again, excellent buying and living experience.+2Posted on Google![]()
Gary Sollof1478 days agoTrustindex verifies that the original source of the review is Google.
Tedd and Jonathan have helped me buy and sell many properties over the years. They are extremely knowledgeable about the local and surrounding areas. They also have an informed feel for what is happening in relation to property and prices in the area. I have used property agents in several countries, but Tedd and Jonathan are the most trustworthy, honest and knowledgeable I have had the good fortune to work with. If you want to buy or sell a property or land, they are the only people you need to use. They are the best and great guys too.Posted on Google![]()
Dennis Hulst1510 days agoTrustindex verifies that the original source of the review is Google.
A real estate agent with the best knowledge of Pedasi and its surroundings. Ted and Jonathan give excellent service in a casual atmosphere. Small office but therefore a lot of personal attention.Posted on Google![]()
Craig Lewis1521 days agoTrustindex verifies that the original source of the review is Google.
You will not find better realtors in Pedasi than Tedd and Jonathan. We bought our boutique hotel through Tedd in 2013 and then when we had to sell in 2018 we of course listed it with them. Working with Tedd and Jonathan I felt like we were always ahead of the curve at every step of the way. Their professionalism, expertise and extensive local contacts make them a "no-brainer" for anyone looking to purchase or sell a property in Pedasi.Posted on Google![]()
Patti Neumann1523 days agoTrustindex verifies that the original source of the review is Google.
Jonathan Clay is a real estate agent personified! He is the consummate professional. He is also down to earth, approachable and friendly. Jonathan has lived in Pedasi for many years, and knows everything and everyone. His background knowledge helps him get the job done quickly and expertly. He is well known and loved in our small community and is very respected as honest and forthright. Almost five years ago, he took my husband and I around Pedasi and other communities endlessly, while looking for our dream retirement home - many times back to the same property, patiently. He pointed out the local cayman’s hideaway in a local river, and took us to the beach in our new 4-wheel drive truck to show us how to extricate ourselves from the sand. He allowed us to follow him to a key maker in Chitre (about 50-55” away) to help us get a new key for said truck. This was so helpful as our Spanish was non-existent at that time. We have known Jonathan all this time, and would never go to anyone else for real estate or other needs. We would highly recommend Jonathan Clay. He will help your tirelessly and efficiently until your satisfaction. You can not go wrong with Jonathan. Ray & Patti NeumannPosted on Google![]()
Paul Wibbenmeyer1524 days agoTrustindex verifies that the original source of the review is Google.
I met Jonathon about 5 years ago when visiting Panama with my son who was in the Peace Corp with him years ago. Jonathon stayed in Panama all these years and thus knows the country and the culture very well. With Jonathan showing us numerous properties around Pedasi and Playa Venao we decided that Pedasi is a good place to escape the cold US winter weather. I strongly recommend Jonathon and his partner Ted at Panama Sovereign Realty to show you the Pedasi area and answer all your real estate questions.Posted on Google![]()
bethany dufresne1525 days agoTrustindex verifies that the original source of the review is Google.
Can’t say enough positive things about Jonathan and Tedd. Honest, knowledgeable and pleasant to work with. Great selection of properties and connections within the local community.Posted on Google![]()
Sheryl Climenhaga1639 days agoTrustindex verifies that the original source of the review is Google.
We recently purchased a home in the Pedasi area with guidance from realtor Tedd Tennis of Panama Sovereign Realty. Tedd’s communication with us was exceptional before, during and after the purchase. Tedd put us in contact with top-notch professionals including an attorney, property manager and contractors. He kept us up to date regarding corrections being made to our home after an inspection. We were made to feel totally trusting and in good hands; we didn’t experience a single miscue. On top of that, the process that could have been stressful was actually fun! Tedd and Jonathan are top-notch, surpassing any realtors we have ever worked with in the U.S. by leaps and bounds. We can’t recommend them highly enough.Posted on Google![]()
Arthur Lange1663 days agoTrustindex verifies that the original source of the review is Google.
Just a quick shout out to say Tedd has always been an excellent realtor and now friend, it’s going on 4 years (this July fourth) that I closed escrow on a new home in Pedasi ~ Artie Lange Commercial Realtor San FranciscoVerified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
About Us – Real Estate, Done Right
Panama Sovereign Realty was built on a simple idea: real estate in Panama should be handled with greater clarity, professionalism, and structure.
For many buyers, sellers, and investors — especially those entering the market from abroad — the process can feel unclear and fragmented. We saw the need for a more reliable, service-driven approach.
From the beginning, our focus has been on delivering real estate services that are organized, transparent, and aligned with each client’s objectives. This means identifying the right opportunities, providing clear market insight, and managing each step with consistency and precision.
Today, Panama Sovereign Realty continues to provide real estate services designed to simplify the process, reduce uncertainty, and help clients move forward with confidence.

Are you making the right real estate decision — or just the available one?
Are you making the right real estate decision — or just the available one?
Why Choose
Panama Sovereign Realty
Choosing the right real estate company in Panama can significantly impact the outcome of a transaction. At Panama Sovereign Realty, our services are built around providing clear guidance, informed decision-making, and consistent execution throughout the process. We take a measured, professional approach to every client engagement — focused not only on identifying opportunities, but on ensuring each step is handled with structure, transparency, and attention to detail.
Our role is to represent our clients effectively, provide insight where it matters, and manage the process in a way that reduces uncertainty while supporting confident decisions.
What Defines Our Approach:
A professional, service-driven approach focused on clarity and outcomes.
Local market knowledge grounded in real transaction experience.
Strategic guidance tailored to each client’s objectives.
Reliable execution from initial consultation through closing.
Meet The PSR Real Estate Team
Panama Sovereign Realty is built on a team of experienced real estate professionals with deep knowledge of the local market and a shared focus on delivering reliable, high-quality real estate services.

Tedd Tennis
Co-Founder #PN-4996
Tedd Tennis works with buyers and sellers throughout Pedasí and Playa Venao. Having overseen hundreds of transactions in Panama, he brings extensive experience in pricing strategy, negotiation, and transaction management from opportunity identification through closing. English, Spanish, Japanese.

Jonathan Clay
Co-Founder #PN-5250
Jonathan Clay advises clients on residential, land, and investment opportunities across Panama. His expertise includes acquisitions, sales, and investment property analysis. His background in economics informs pricing evaluation, investment strategy, and rational transactions. English, Spanish, Portuguese.

Elvin Vega
Agent #PN-5550
Elvin Vega works with buyers and sellers throughout Pedasí and Playa Venao. A long-time local resident, his work centers on coastal and residential property transactions. Clients rely on his local insight into neighborhoods, land opportunities, and ongoing development activity. English, Spanish.

Alessa Stabile
Agent #PN-5791
Alessa Stabile works with clients evaluating land and coastal property opportunities in Cambutal and Guánico. Her work focuses on land acquisitions and development-oriented transactions with a background in sustainable development and land-use planning. English, Spanish.

David Ríos
Agent #PN-4615
David Ríos works with buyers and sellers across Panama City and surrounding areas. His work includes residential acquisitions and sales throughout the metropolitan market. A background in aviation operations contributes strong organization, management, and transaction coordination. English, Spanish.

Sara Pedreschi
Agent #PN-3008
Sara Pedreschi works with clients on acquisitions, sales, and investment opportunities throughout Panama. Her work includes complex real estate transactions involving finance, government contracting frameworks, and financial management with exceptional disciplined transactional oversight. English, Spanish.
Excellent rating
Based on 62 reviews![]()
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Three Month update….. Panama, Pedasi, and Panama Sovereign Realty continue to surprise and delight our family. Here is the story from yesterday… My neighbor got his ATV vehicle stuck in a river bed near the beach while doing some nature exploring. He called me to help. While driving out to help recover the vehicle I bumped into Jonathan Clay from PSR. I explained the situation in passing. Jonathan proceeded to hop in his 4x4 and help rescue and recover my neighbor. He didn’t ask or waiver. Jonathan literally jumped in the river to help. I am so impressed with Jonathan Clay, Panama Sovereign Realty and the citizens of Panama. Everyone came together to help a foreign person out. Nobody expected anything in return. Everyone was unhurt and safe the vehicles were recovered in a fast manner due to all the locals helping out. Other countries could learn a lot about service and caring for others. Moving is stressful and exciting. Moving to a foreign country where one isn't fluent in the local language can be even more challenging. Jonathan and Tedd at Panama Sovereign Realty helped us make the move to Panama so much easier. Their knowledge, transparency, and patience really helped our family find a great house. In an awesome location. Through the ups and downs of the pandemic, the changing laws and mask guidelines, Jonathan always had good acturate information that helped us make sound confident decisions. If you are considering Panama and need help, Panama Sovereign Realty is a great place to start your journey. I will work with this team again, excellent buying and living experience.+2
Terry Moe1466 days ago
Jonathan is the best.I have bought and sold multiple properties in USA, but this was the most effecient and streamlined experience I have ever had. Thank you Jonathan.
sasha gupta894 days ago
Mission accomplished!! On a Friday Jonathan and Tedd came to our home to discuss marketing it for sale. We talked about market cycles and pricing the property for a quick sale…not a fire sale, but a fair sale that left us, the sellers, feeling whole and that would entice a qualified buyer to see the value and move quickly. Two days later Jonathan and Tedd had each confirmed showings for Monday. We received detailed feedback within an hour of each showing from each agent regarding their clients’ reactions to the property. That same night we received a full price offer on our home. This took place in just four days! But the work was not done. There are so many legal items to gather and tie together in a property sale and timing is everything. With the knowledge, experience and professionalism of the PSR team we were covered. They took care of communications between attorneys and acquiring Paz y salvos for our closing. They also attended us at the closing. If you are considering selling or buying a property, I highly recommend engaging Panamá Sovereign Realty. 👍
kaye ashbridge1235 days ago
Elvin Vega, my realtor, has welcomed me to Pedasi with such genuine kindness and professionalism. I cannot say enough positive things about his character. As a foreigner, who does not yet speak English, and a first-time home owner, I have been a very needy client! Each time I call on Mr. Vega, he does not make me feel a burden. Not only has he helped me buy a house, he assisted me in buying a car and appliances for my house. As a locally-born Panamanian, he is extremely connected in the area and has offered me fabulous references for just about everything! Thank you Elvin Vega and Panama Sovereign Realty for making my dreams a reality!
Candace Frigone802 days ago
Panama Sovereign Realty is a great real estate agency in Pedasi. They are our three angels! They represented us purchasing a home in Pedasi this year and we couldn’t be happier with their experience, professionalism, and knowledge. After moving here, I have asked them numerous questions and advice for getting services to us and much more. I would highly recommend them to anyone considering listing their home or purchasing a home! Thank you Jonathon, Ted and Elvin!+0
Kenna Bolan1041 days ago
I met Jonathon about 5 years ago when visiting Panama with my son who was in the Peace Corp with him years ago. Jonathon stayed in Panama all these years and thus knows the country and the culture very well. With Jonathan showing us numerous properties around Pedasi and Playa Venao we decided that Pedasi is a good place to escape the cold US winter weather. I strongly recommend Jonathon and his partner Ted at Panama Sovereign Realty to show you the Pedasi area and answer all your real estate questions.
Paul Wibbenmeyer1519 days ago
I worked with Jonathon Clay at Panama Sovereign Realty. I live full time in the United States so it was critical for me to find somebody who I could trust and communicate easily with. From our first interaction, Jonathon was a great commincator and he made everything very easy for me. I ended up buying some property through him, and he made the entire process very easy, and held my hand through the whole thing. We closed months ago and Jonathon continues to communicate with me at a moments notice whenever I want to ask his opinion on something. He turned buying real estate in a foreign country into a shockingly easy and stress free process. Thank you Jonathon.
Jared Jones889 days ago
I very rarely take the time to write a review...I only do them if someone is really good or really bad. I'm here to tell you that Tedd Tennis from PSR has done a fantastic job for me. Tedd recently sold a property for me in Costa Pedasi, Panama. He is extremely professional and in tune with the market, responds to me right away, and follows up on everything to make sure things get done! I highly recommend him for for any real estate sales or purchases.
Rocky King1059 days ago
Can’t say enough positive things about Jonathan and Tedd. Honest, knowledgeable and pleasant to work with. Great selection of properties and connections within the local community.
bethany dufresne1520 days ago
Jonathan Clay is a real estate agent personified! He is the consummate professional. He is also down to earth, approachable and friendly. Jonathan has lived in Pedasi for many years, and knows everything and everyone. His background knowledge helps him get the job done quickly and expertly. He is well known and loved in our small community and is very respected as honest and forthright. Almost five years ago, he took my husband and I around Pedasi and other communities endlessly, while looking for our dream retirement home - many times back to the same property, patiently. He pointed out the local cayman’s hideaway in a local river, and took us to the beach in our new 4-wheel drive truck to show us how to extricate ourselves from the sand. He allowed us to follow him to a key maker in Chitre (about 50-55” away) to help us get a new key for said truck. This was so helpful as our Spanish was non-existent at that time. We have known Jonathan all this time, and would never go to anyone else for real estate or other needs. We would highly recommend Jonathan Clay. He will help your tirelessly and efficiently until your satisfaction. You can not go wrong with Jonathan. Ray & Patti Neumann
Patti Neumann1518 days ago
Just a quick shout out to say Tedd has always been an excellent realtor and now friend, it’s going on 4 years (this July fourth) that I closed escrow on a new home in Pedasi ~ Artie Lange Commercial Realtor San Francisco
Arthur Lange1658 days ago![]()
Real Ideal LLC163 days ago
Tedd and PSR realty have helped us buy property in the Pedasi area for over ten years. He knows Pedasi and the Venao area, the history of the developments and builders better than anyone. He is very honest and thorough. Tedd and his team are the only ones I would trust for my real estate needs.
neil picha1064 days ago
Stopped in for some quick advice on the area. Super welcoming, friendly and not at all pushy. Great dogs too. Thank you!
Isabella Beltran719 days ago
These guys are a class act, very professionals and knowledgeable. They work hard to get you the best market price. I personally delta with Jonathan and he went the extra mile. They are highly recommended. Kudos to them all
Gaspar Burke1079 days ago
As a U.S. Citizen, we were a little apprehensive about purchasing real estate in a foreign country, particularly one where English isn't the dominant language. Jonathan allayed all of those fears, not only by helping us find the perfect lot for our family, but also by introducing us to builders and a fabulous lawyer who has guided us seemlessly through the process of obtaining a visa that will allow us to come and go in Panama as we choose. We deeply appreciate everything Jonathan has done for us and look forward to seeing him more and more as we join the Pedasi community.
Keith Koegler871 days ago
I had a great experience working with Panama Sovereign Realty. The team was professional, knowledgeable, and genuinely committed to helping me through the entire process. Their communication was clear and consistent, and they made everything feel straightforward and stress-free. It’s obvious they really care about their clients and go the extra mile to deliver a great outcome. I wouldn’t hesitate to recommend Panama Sovereign Realty to anyone looking for reliable and trustworthy service.
Quincey Jones163 days ago
You will not find better realtors in Pedasi than Tedd and Jonathan. We bought our boutique hotel through Tedd in 2013 and then when we had to sell in 2018 we of course listed it with them. Working with Tedd and Jonathan I felt like we were always ahead of the curve at every step of the way. Their professionalism, expertise and extensive local contacts make them a "no-brainer" for anyone looking to purchase or sell a property in Pedasi.
Craig Lewis1516 days ago
We listed our home in Pedasi with Tedd and Jonathan. They took excellent care of us from start to finish. Communication was great, and always professional. Tedd and Jonathan are knowledgeable about the area, they are part of the community, and they know the market well. We live in Spain and they took care of many details above and beyond to ensure things went smoothly for all concerned. We really can’t say enough good things , they were competent, personable and discreet. We would absolutely use their services again!
Cathy Fenwick1354 days ago
Ted and the team are the agents you want to help you out on your journey- very informative and helpful- highly recommend
Doug Danzer590 days ago
We wasted six months with a different realtor. We switched to Sovereign and sold a few months later. Highly recommended!
Paul163 days ago
I can’t say enough good things about my experience with Jonathan at Panama sovereign realty. From the moment I started my home search in Panama, Jonathan was there every step of the way, providing expert guidance and support. His professionalism and attention to detail made the process smooth and enjoyable. I’m thrilled with my new home and highly recommend Jonathan to anyone looking to navigate the real estate market!
Bradley Alvelo716 days ago
We had the pleasure of working with Jonathan and Tedd from Panama Sovereign Realty to purchase our first property in the Pedasi area. We cannot say enough great things about their communication and professionalism. They worked diligently on our behalf to find us the perfect place to build our new home. Their advice, guidance and now friendship has been a real blessing through this learning process. I would highly recommend them for your real estate needs in the Pedasi and surrounding areas.
Richard Foster1709 days ago
Tedd has helped us on several transactions, Pedasi and Buenaventura. He's tops in our book, great guy and knows his stuff!
Ed Small161 days ago
Jonathan has been nothing short of incredibly knowledgeable and professional all through our Pedasi home sale ! Thanks a million, J
Ines G898 days ago
Dealing with Tedd was a pleasure, more : a relief. Not only he is professional and pleasant. He is a gentle soul and now that I bought the place I was dreaming of, thanks to him, I would like to meet him again as a friend.+0
Susanna Guidi995 days ago
We recently purchased a home in the Pedasí area and decided to work with a realtor to help us navigate the process. We found Tedd and Panama Sovereign almost by chance through WhatsApp, and looking back, we were incredibly lucky we did. After discussing our budget, preferred locations, style of home, and everything else that goes into finding the right property, Tedd listened carefully and showed us three properties that were excellent fits for what we were looking for. Two of those properties were Tedd’s listings, and in the end, we chose one of them. One thing worth mentioning is that we have purchased several homes over our lifetimes, and finding a realtor who truly listens to your budget and preferences — and then actually shows you properties that fit those requirements — is rarer than it should be. Tedd absolutely did that. Even though Tedd was representing the sellers, he handled the entire transaction with exceptional professionalism and fairness from beginning to end. As foreigners buying property in Panama for the first time, we were navigating unfamiliar territory — language barriers, attorneys, inspections, utilities, and all the many details involved in an international real estate purchase. Tedd connected us with trustworthy professionals every step of the way and made what could have been an overwhelming process much more manageable. This particular sale involved a fair amount of back-and-forth and some challenging moments, but throughout the process Tedd remained calm, neutral, and solution-oriented. At no point did we feel like we were “on the other side of the deal.” He worked hard to keep communication constructive and to ensure the process stayed fair for everyone involved. What stood out most was his integrity and professionalism under pressure. In a smaller community like Pedasí, those qualities matter a great deal, and we would not hesitate to recommend Tedd to anyone looking to buy or sell property in the area.
Greg Hanson161 days ago
When I decided to sell one of my parcels of land in 2022 I didn’t know any Realtors so I asked some friends of mine in Pedasi and Venao who they recommended and consistently they said for me to call Sovereign Realty. I decided to list my property with Tedd and he found a buyer for my land and communicated with me every step of the way. Then I asked Tedd if he had any contractors he could recommend to build my home on our other piece of property nearby. Tedd sent me names and contact information for a couple of builders that he would recommend. I now have my dream home in Panama from one of the builders that Tedd had recommended to me. When I sold my property with Tedd I not only found a great realtor, I also found a good friend! I highly recommend Panama Sovereign Realty to everyone!👍
Brad Felger1068 days ago
We were initially provided with a reference to Panama Sovereign Realty and specifically Tedd Tennis by friends of ours that we know well and who have been living in the Pedasi area for years. We had heard a lot about the area and were thinking of purchasing a property there for our family. When my oldest son and I finally made it down there Tedd was away, but he made sure that we were very well taken care of by a bright young realtor named Elvin Vega. Elvin was excellent, as he is born and raised in Panama and has lived in Pedasi for over 15 years. He knows all of the local knowledge, the ins and outs, for the entire area, and he has a great sense of humour. After showing us every type of property imaginable we were very well informed and capable of deciding on the one we wanted to purchase. We returned a few weeks later with my wife and youngest son to confirm the property to be purchased and even though it meant taking us back to many of the same properties Elvin had the same enthusiasm as the previous time around. Once the property was chosen, Tedd took over and introduced us personally to local legal representation (as he represented the Seller) who is critical in the process and also to his own personal home builder who we have now contracted with to build our residence. The personal touch in Panama is incredibly important as it puts you at ease with the purchasing process, opening bank accounts, and the contract negotiation, all of which may be different than what you are used to/ language barriers/etc. Everything flowed as smoothly as it could have and we very much appreciate the excellent service and continuing assistance that we have been provided by Panama Sovereign Realty.
James Paterson1064 days ago
Tedd and Jonathan have helped me buy and sell many properties over the years. They are extremely knowledgeable about the local and surrounding areas. They also have an informed feel for what is happening in relation to property and prices in the area. I have used property agents in several countries, but Tedd and Jonathan are the most trustworthy, honest and knowledgeable I have had the good fortune to work with. If you want to buy or sell a property or land, they are the only people you need to use. They are the best and great guys too.
Gary Sollof1473 days ago
We recently purchased a home in the Pedasi area with guidance from realtor Tedd Tennis of Panama Sovereign Realty. Tedd’s communication with us was exceptional before, during and after the purchase. Tedd put us in contact with top-notch professionals including an attorney, property manager and contractors. He kept us up to date regarding corrections being made to our home after an inspection. We were made to feel totally trusting and in good hands; we didn’t experience a single miscue. On top of that, the process that could have been stressful was actually fun! Tedd and Jonathan are top-notch, surpassing any realtors we have ever worked with in the U.S. by leaps and bounds. We can’t recommend them highly enough.
Sheryl Climenhaga1634 days ago
Panama sovereign made the process quick, easy, and enjoyable. Will recommend them for anyone buying RE in the area.
William Cuervo716 days ago
Excellent experience! The team was incredibly professional, responsive, and knowledgeable about the Panama real estate market. They took the time to understand my needs and provided valuable insights that helped me make the right decision. Highly recommend them to anyone looking for reliable and expert real estate assistance in Panama.
Lucy C716 days ago
Tedd Tennis assisted us in finding and purchasing our home in Pedasi. He was incredibly patient- I had many questions. He was effective in crafting a deal with the seller that was mutually acceptable. He introduced us to a law firm and attorney who was effectively communicative and resourceful in completing our purchase. He worked hard to make all a transparent process for us to work through, even though we are newbies to international real estate purchases. My husband and I highly recommend Tedd Tennis and his colleagues at Panama Sovereign Realty.+9
Amy Soumis430 days ago
We met with Jonathan while visiting Casco Viejo in Panama, and I was immediately impressed. As a real estate professional from the States, and also a real estate investor, I struggle to find real estate brokers that I want to work with. I could tell from the start that Panama Sovereign Realty has its thumb on the Panamanian real estate market. Jonathan helped me understand the neighborhoods of Panama City by going over the pros and cons of each area. He took the time to ask me questions about what is important to me when it comes to relocating from the United States to Panama. He asked me about my hobbies and quickly honed in on how important looking for real estate near the Cinta Costera would be for me. Jonathan went into great detail about other locations like Costa del Este, Punta Pacifica, the Ocean Reef Islands, and while I loved Casco Viejo the most, the better fit for me was an area with newer buildings like Ave Balboa. Panama Sovereign Real Estate invested considerable time with me right from the start. It was catered to my needs and desires. I felt that I was working with a team that was knowledgeable about the local market conditions and knew the areas like the back of their hands. I truly wish I had started the conversation with Jonathan and his team before I traveled to Panama, it would have been helpful to have his expertise to do some research before I left home. I didn’t do this because I was feeling overwhelmed with trying to understand all the many choices of real estate available in Panama City. While I’m grateful to have found his office right in the heart of Casco Viejo in Panama, I know from experience that you don’t always get the most experienced and dedicated real estate professionals by chance. One of the team members took me to see some luxury penthouse condominiums within steps of the Cinta Costera, and we had a chance to see some beautiful properties and explore all the amenities within each of those buildings. Jonathan was also incredibly good at helping us to understand the investment opportunities and how they relate to the visa programs, and he took the time to explain and break all that information down for me in person, even though it’s all available on their website. Panama City is a big area to explore, and you’re going to want some help learning the area. Jonathan, David, and the entire team at Panama Sovereign Realty are sure to impress.
Jana Schmidt241 days ago
Tedd and Elvin helped us sell our home in Pedasi. We thought we might be in for a long wait, but it sold within a few weeks. They were so professional and did such a good job of evaluating and advertising our house. The whole process was pretty seamless. We enjoyed so much working with them and suggest that if you are looking for someone to represent you in the area, they would be a good choice. Annie and Steve Van Dusen
Annie Van Dusen490 days ago
Johnathan has a portfolio of awesome properties. Pedasi is a country town with a focus on beaches, beauty, bountiful seafood fresh from the Pacific Ocean. Many Fonda's and restaurants line the town from end to end. What a treat to visit.
P Klemet1004 days ago
Dear Tedd, I would like to thank you for the help you gave me to find a buyer for the land I owned in Pedasi and the follow through assistance until completion.There were various issues surrounding the sale and you patiently guided me along. Again, your help was much appreciated. I recommend your service. Kind regards, Christopher
christopher elletson1336 days ago
We recently bought property from Tedd Tennis of PSR. He assisted us every step of the way and made buying property in a foreign country an easy process. Since our purchase, Ted has continued to assist us with his local knowledge and is quick to respond to all our questions. Thank you PSR for helping us make our dream of owning property with a gorgeous ocean view a reality!
Sharon Richards1065 days ago
A real estate agent with the best knowledge of Pedasi and its surroundings. Ted and Jonathan give excellent service in a casual atmosphere. Small office but therefore a lot of personal attention.
Dennis Hulst1505 days ago
We made a trip to Pedasi that was a combination of holiday and exploration for the possibility of purchasing of a vacation/retirement property. We met with Jonathan Clay who listened to our ideas and needs for a home in Pedasi. He was very knowledgable about the local environment, and gave excellent advice on how to proceed. We did not immediately find a resale home to suit our needs, but Jonathan then suggested land for sale for a new build, that was perfect. He arranged for us to meet the seller and see the designs for a house on the lot- which we felt was perfect. We purchased the land, and although there were some lengthy red-tape issues with the transfer, we had Jonathan keeping us up to date all through the process. His knowledge, suggestions, support and perseverance through the process from start to finish were invaluable to us in making a big decision to purchase and build in Panama. We highly recommend Jonathan Clay and Panama Sovereign Realty.
Karen Shalala Norris1420 days ago
This is THE company to trust when looking for real estate. They take the time to know you as a person, not simply as a paycheck. They want you to be happy, and they work tirelessly to help you achieve your dream. Thank you Panama Sovereign Realty, you are truly the best!+0
Sir Huff n Puff1022 days ago
Great team! I felt supported and informed every step of the way. They provided me with expert advice, smooth communication and were very dedicated. If you're looking for real estate professionals who deliver results with integrity, look no further!
Gloria Chu695 days ago
Tedd was and still is an amazing partner in all aspects of my move. From land purchase to recommendations on a builder, contractor, legal representative and everything!
M M163 days ago
Ted and his team have been an unbelievable help in finding our perfect home in Panama! He is a consummate professional and showed us a number of remarkable properties. He was patient, listened to what we were looking for and gave great insight on adjusting to life in Panama. Ted also gave references for trustworthy contacts for legal representation, contractors, and maintenance personnel. He shared valuable information on community organizations and highlighted opportunities to get involved. Sovereign Realty is a great place to find a home in Panama and I am very happy to recommend them and Ted Tennis to anyone considering a home in Panama! His attention to detail and genuine concern to help us find the right place for us, along with his willingness to offer help and support afterward makes this the easiest review to make!+5
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