Located along the main road in Los Asientos, Pedasí, this 49,543.80-square-meter property offers a large landholding in one of the most recognized coastal regions of the Azuero Peninsula. The property sits in the district of Pedasí, province of Los Santos, with direct road frontage, cleared areas, existing site access, and an on-site structure already in place.

This property allows for more than a single residential use. Its size, visibility, and position along the main road create flexibility for different types of future projects, including commercial, residential, service-based, or mixed-use development in the Pedasí area.

The property also includes a proposed project concept, which gives a helpful visual reference of how the land could be developed. However, the main-road frontage, size, and layout leave the future use open to the next owner’s vision, whether that means continuing with the existing proposal, adapting it, or creating a completely different project for the site.

The Land

The property measures 49,543.80 square meters. Its main-road frontage gives the site one of its strongest advantages, especially in an area where visibility and access can make a real difference for future development.

Several sections of the land have already been opened, with cleared areas, internal access, and open ground that make the site easier to understand when walking it or reviewing it from above. The land does not read as an untouched parcel. It already includes worked and shaped areas, giving future planning a more direct starting point.

The site also keeps a natural contrast between open development areas and green sections around the property. This layout creates room to consider different uses, whether for circulation, parking, construction phases, landscaping, or a project that combines more than one function.

Existing On-Site Structure

The property includes an existing structure that can support the use and management of the land. The building has a covered terrace area, seating space, kitchen, bedroom, bathroom, and interior living area.

For a larger landholding, this type of structure adds practical value. It gives the site an immediate point of operation for property visits, planning meetings, storage, supervision, or temporary use while the next steps for the land move forward.

Although the main value remains in the land itself, the existing structure gives the property more function from day one. It allows the owner to spend time on-site and manage the property without starting from completely vacant land.

Proposed Project Concept

The property comes with a proposed mixed-use project concept. The available materials show commercial and residential components, including commercial spaces, residential buildings, internal roads, and other support areas. The seller-provided project presentation references planning materials, renders, permits, a master plan, commercial areas, residential buildings, operational components, and expansion capacity.

This proposed concept illustrates one possible way to organize the land, but it does not limit the property to that specific use. The future owner can review the existing materials, keep what fits, adapt the plan, or shape the site around a different vision.

That flexibility adds value to the property. With 49,543.80 square meters and main-road exposure, the land can support different directions, from a commercial project serving the local and visitor market to a residential or mixed-use concept connected to the continued growth of the Pedasí area.

Location in Los Asientos, Pedasí

Los Asientos forms part of the Pedasí district in Los Santos, an area known for its connection to the Azuero Peninsula’s beaches, fishing, surfing, tourism activity, and small-town lifestyle.

Pedasí has become a familiar name for people looking at Panama real estate outside the city, especially those drawn to the Pacific coast, open landscapes, and a more relaxed pace of life. The town has restaurants, small grocery stores, gas stations, banks, and medical services, while nearby beach areas and Playa Venao continue to bring additional attention to this part of Los Santos.

For this property, the location matters because it combines land size with visibility. A 49,543.80-square-meter parcel along the main road offers a different type of opportunity than a smaller interior lot. It gives the site presence, access, and a practical connection to the movement between Pedasí, Los Asientos, Playa Venao, and nearby coastal communities.

Price and Payment Structure

The property is offered at US$450,000. The seller may consider a structured payment arrangement, with US$350,000 due at signing and the remaining US$100,000 payable within 6 months, depending on the final terms agreed between buyer and seller.