Beachfront Condos and Lofts in Playa Venao from $245,500

Blue Venao — "Ocean Village" — is a large development on Playa Venao, in the Flores corregimiento (Tonosí district, Los Santos), managed by Makaya as master broker. The project moves forward in several phases with different delivery stages: part of it is ready for immediate delivery, another part is under construction, and a commercial plaza plus a handful of beachfront lofts have very limited availability left.

Phase III — Duplex Lot 44 — is the only unit ready today: two units in the same building (44A on the ground floor, 205 sqm, and 44B on the upper floor, 282 sqm, with an extra terrace/mezzanine), both at a final price of $700,000. "Ready inventory" units like this one follow a simplified 30%/70% payment structure.

Phase IV — Condos, across Towers I through N — adds 23 available units with delivery expected in November 2027, priced between $369,000 and $527,500 (total listed value: $10,193,500). There are three models: Model A (2 bedrooms, 2 bathrooms, closed area of 84 to 86 sqm, total up to 127 sqm, from $369,500), Model B (2 bedrooms, 2 bathrooms, closed area of 76 sqm, total up to 107 sqm, from $369,000), and Model C (2 bedrooms, 3 bathrooms, closed area of 94 sqm, total up to 139 sqm, from $438,500).

Phase V(E) — Commercial Plaza, Lot 58 — is the project's retail and ground-floor residential component, and it doesn't have a confirmed delivery date yet. It adds 24 units across three levels: 4 sqm kiosks from $28,000, 25 sqm commercial locals from $105,000 (split between the ground floor and level 100, facing either the main street or the ocean), and one-bedroom, one-bathroom apartments on level 200 (62.5 sqm closed, 70 sqm total, all with ocean views) from $245,500. This phase's total listed value is $3,144,000.

Phase V(C) — Ocean Lofts — are beachfront lofts of 112.5 sqm (2 bedrooms, 2 bathrooms), at $562,500 each. Of the full phase, the price list makes clear that **only Loft 4 and Loft 6 remain available** — every other unit is already sold or reserved. Delivery is expected for December 2027.

The project's residential options (duplex, condos, and ocean lofts) clear Panama's Qualified Investor Visa threshold with comfortable margin: permanent residency for anyone investing a minimum of $300,000 in real estate, with funds from abroad deposited in a trust managed by a licensed fiduciary entity in Panama. That $300,000 threshold is permanent (Executive Decree 193 of 2024) — it does not rise over time. It's the fastest immigration category in the country, with processing taking 30 to 60 days.

Playa Venao, about 32 km west of Pedasí, is one of Central America's best-known surf destinations: it has hosted the 2011 ISA World Surfing Games, the Reef Classic (a Latin American Surfing Championship stage), the 2012 ISA Dakine World Junior Surfing Championship, and the 2022 Pan American Surfing Championship, with waves reaching up to 3 meters. What started as an off-the-radar surfers' secret has, over the last two decades, turned into one of the country's most dynamic beach towns.

From Panama City, the drive takes about 5 hours (roughly 360 km, via the Interamericana toward Divisa and then Avenida Belisario Porras, through the Azuero Peninsula). There are also direct commercial flights from Marcos A. Gelabert Airport to Pedasí Airport, Sunday through Friday, in under an hour — and from Pedasí or Tonosí, Playa Venao is only a 30-minute drive.

The development already has a life of its own: an infinity pool overlooking the ocean, a thatched-roof beachfront restaurant and bar, and already-built, already-occupied condo buildings are all part of the "Ocean Village" operating on-site today, alongside the phases still under construction or yet to break ground.

For services, the Tonosí district has Hospital Rural de Tonosí and a CAPPS (primary care center), about 30 minutes from Playa Venao. For education, the beach has its own option right on-site: The Creating Center, an international school in Las Escobas de Venao with an innovation lab, library, and sports courts steps from the water — unusual for a beach town in Panama, and a strong draw for families moving in with kids.