PRICE REDUCED: Pedasi Town Square Commercial Property
Pedasi Town Square Commercial Property The three most important factors…
$265,000
Pedasi, Los Santos Republic of Panama
For Sale
$345,000
Beachfront resort living has come to Playa Venao. This beachfront residential community features both condominium units and single-family homes. Playa Venao is one of the hottest real estate markets in Panama, and this development is a best-seller.
The developer has sold out of all of the villas and condominiums offered in Phases I and II. At this stage we are sometimes able to offer a resale property. Send us an inquiry and we will let you know if we have an existing villa or condominium for sale. We will also put you on the list to be notified as soon as the developer releases Phase III inventory.
Investors looking for rental income love the fact that the developer offers turn-key furnishing solutions and on-site rental management. Families looking to spend time at the beach are drawn to the huge pool complex, the sandy beach, and some of the best surfing in Panama at your doorstep.
Since before the pandemic and continuing onwards, the rental occupancy rates have hovered between 75% – 100%. Owners who rent their homes are reporting annual gross returns well into the double-digit ROI. You might think that this would drive up the prices of the remaining inventory- and you’d be correct. If you’ve already looked at this development and passed, you might be disappointed that you didn’t get in on the proverbial ground floor. That said, both the pricing and the rental returns are still fantastic compared to similar beachfront communities around Panama and Latin America.
Owners and their families and friends are loving the social vibe of this friendly, laid-back community. During the day you can surf and swim in the private pool complex, or take a dip in the warm waters of the Pacific Ocean. At night the restaurant at the beach club serves up a wide variety of great meals. Leave the car in the parking lot because several great restaurants and bars are all within easy walking distance on the sandy beach.
We invite you to enjoy beachfront living in Playa Venao. Please contact us to receive a full presentation. Photos in the listing are illustrative and not necessarily of any specific unit as the availability of units is subject to change.
Learn more about Playa Venao with our PLAYA VENAO LOCATION GUIDE
See more Playa Venao area images with our PLAYA VENAO DRONE TOUR
Pedasi Town Square Commercial Property The three most important factors…
$265,000
Villa Luna Mar Villa Luna Mar is one of Pedasi’s…
$2,500,000
Calle Principal nº 1
Pedasí Cabecera
Los Santos, Panamá 0749
Real Estate License PJ-1384