Ocean Properties
Pedasí · Península de Azuero · Panamá

Land at Playa
Destiladeros

Four titled lots on Calle Los Caracoles, ten minutes from Pedasí and three minutes on foot from the beach. Prices from $150,000.

Four titled lots

Each lot is registered in its own right with Panama's Public Registry and carries its own finca number. Lots 16A and 16B adjoin one another, and so do 17A and 17B. Any one of them can be bought on its own.

17B 17A 16B 16A 23.5 m 23.5 m 25 m 32 m PROTECTED SETBACK BEHIND YOUNO CONSTRUCTION PERMITTED BEACH · 3 MIN LOS CARACOLES ST.
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Site plan drawn over the aerial photograph. Playa Destiladeros lies beyond the lower left of the frame, three minutes on foot along Calle Los Caracoles. Proportions are indicative and not to scale.
16A $174,000 1,285.74 m², 32 m frontage Finca 29505-7401 $135.33 / m²
16B $150,000 1,507.26 m², 25 m frontage Finca 30279680-7401 $99.52 / m²
17A $150,000 1,420.68 m², 23.5 m frontage Finca 30279681-7401 $105.58 / m²
17B $150,000 1,417.97 m², 23.5 m frontage Finca 29506-7401 $105.79 / m²
All four together

One frontage, one transaction

5,631.65 m²Combined surface
104 mOf frontage on Calle Los Caracoles
$555,000$69,000 below the sum of the four

Everything on both sides of you, in one name. Land next door, once taken, does not come back to the market.

Where it is

Pedasí sits at the southern end of the Azuero Peninsula, on Panama's Pacific coast. Playa Destiladeros is ten minutes from town, between Puerto Escondido and Playa Panamaes.

Caribbean Sea Pacific Ocean PANAMA CITY PLAYA DESTILADEROS Pedasí · Azuero Peninsula

Map data © OpenStreetMap contributors

Lots Beach Access
The four titled lots sit just above the beach path — the nearest public access to Playa Destiladeros, three minutes on foot.
40 min

By air from Panama City

Daily flights from Albrook, subject to schedule. The airport at Pedasí is 15 minutes from the lots.

4 h

By road

Fully paved the whole way.

3 min

Walking to the beach

Ten minutes by car to the centre of Pedasí.

What it costs each year

Four separate fincas mean four separate exemptions. The first $30,000 of each is exempt, and all four sit in the lowest bracket of the scale.

LotPriceTaxable baseYearly tax
16A$174,000$144,000$864
16B$150,000$120,000$720
17A$150,000$120,000$720
17B$150,000$120,000$720
All four$555,000$3,024
Source and basis

Held as a single finca, the same total would be taxed $3,870, so the split saves $846 a year. Figures are calculated on list price under Article 766-A of the Fiscal Code, Law 66 of 2017. The tax is assessed on the cadastral value on record. Confirm the figure for your case with your tax adviser.

Services and transfer

Title

Registered with Panama's Public Registry. No nationality restrictions apply to these fincas, and no encumbrance is recorded against them.

Transfer taxes

Transfer tax and capital gains are the seller's responsibility under Panamanian law. The buyer covers legal fees, notary and registration.

Electricity and connectivity

Naturgy. Fibre optic and mobile, up to 1 Gb.

Water

By well. Drilling and its permit are the buyer's responsibility, which is the standard at Destiladeros.

Neighbouring villas and properties around the lots at Playa Destiladeros

How the purchase closes

The process is short.

1

You decide which lot or lots you want.

2

Promise of sale contract, drawn up in Spanish before a lawyer, with 20% of the agreed price paid on signature.

3

Public deed and balance. Registration at the Public Registry completes the transfer.

We recommend you take independent legal advice.

Technical sheet

The full dossier carries the registry data for each finca, the zoning reference, buildable footprints, the tax calculation and the residency analysis. Tell us where to send it.

If you are a broker, say so below. You will receive the same dossier with the commission terms attached.

We use your details to send the dossier and to follow up on it. Nothing else, and we do not pass them on.