Investors Tap into Pedasi’s Potential
Visiting Pedasi, it’s hard to guess this sleepy, rural stretch of Panama’s coastline is about to explode with development. Life seems to amble on at much the same pace it has for hundreds of years; farmers tend to their crops, and cowboys to their livestock, and on the water, fishermen still haul ashore their catches of fresh tuna and dolphin.
But beneath the surface there is a palpable excitement, as investors discover in Pedasi the very heart of Panama.
Long left untouched, the Azuero Peninsula, where Pedasi is located, was long defined by its beautiful, rolling hills, and a pastoral lifestyle sparked by some of the most vivacious carnivals in the country. Recently, however, land on the Peninsula it has been attracting attention for its incredible real estate potential.
Pedasi in particular has been under scrutiny. Located on the southeast tip of the Peninsula, this unassuming fishing town unfolds to reveal an impressive litany of attributes – miles of beautiful, pristine beaches almost completely untouched by development, deep offshore waters filled with game fish that make up the sport-fisher’s dream, world-class surfing beaches at a stone’s throw, colorful fiestas and carnivals year-round, and surrounded by national parks and island nature preserves where Panama’s incredible biodiversity thrives.
Boom in Beachfront Housing Properties
Beachfront land in particular is in hot demand. Panama law allows titled property right up to the waterfront, but until now, the coasts have remained almost completely deserted. In the last couple of years, however the surrounding beachfront parcels have been ‘discovered’ and developers are planning to build massive resort communities to feed the demand for buyers looking for new luxury Pedasi houses for sale in the area . Quietly at first, and now at an astonishing pace, beachfront land is changing hands, and vacation communities developments are about to spring up.
Pedasí’s first, the Andromeda Country Club, marks the forefront of a wave of development about to hit the area, which is already making international headlines thanks to interest by celebrities such as Mick Jagger, Tom Cruise, Mel Gibson and Bruce Willis in its laid-back charms.
Pedasí’s Top Vacation Community
Featuring spacious lots fronting two pristine, sandy beaches, this 40-hectare project offers Pedasi homes for sale with spectacular views right on the Pacific Ocean, just ten minutes from the charming town of Pedasí. The Andromeda Pedasi Panama real estate community will have extensive recreational facilities, with basketball, volleyball and tennis courts, a community pool and children’s playground, as well as a business and commercial center.
With a new beach club onsite, homeowners can take advantage of the abundant sport-fishing in the coastal waters — known as the ‘Tuna Coast’. Yellow-fin tuna, marlin, mahi-mahi, wahoo, sailfish, snapper and more ride the deep ocean currents that run close to shore here, making the area ideal for light-tackle enthusiasts.
Small breaks on the project’s two beaches allow kids to hone their surfing skills, while Playa Venao real estate, just thirty minutes’ drive westward, offers a more serious challenge for dedicated surfers; its consistent beach break goes left and right, attracting surfers from all over the world.
Facing Andromeda is Isla Iguana, an island nature with powdery soft white beaches, thanks to an extensive coral reef surrounding the island, which houses a myriad marine species at just a few feet’s depth. The island is a favorite haunt for scuba divers and snorkelers, or families looking to spend a day lazing in crystal-clear aquamarine waters.
Nearby, Isla Cañas can receive hundreds of pregnant turtles in a single night to lay eggs along its 14-kilometer long beach. A little further afield, the Cerro Joya National Park offers hiking through pristine rain forest, with several waterfalls, monkeys and hundreds of birds species.