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Playa Venao · Pacific Coast of Panama

Villa Marina

17 oceanfront hectares. Phase 1 under construction. Only 2 of 6 buildings remaining.

See availability →Book a visit ↗
Why Villa Marina

Panamanian beachfront with numbers already running.

Villa Marina is not a render with a promise attached. The hotel has been operating since 2012 with GVA Hospitality at the front desk. Four of six condo buildings are already delivered and rented. USD has been legal tender in Panama since 1904, and new residential construction qualifies for 20 years of property tax exemption.

— Grupo Verde Azul · Zürcher Arquitectos

CurrencyUSDDollar economy since 1904. No FX risk.
Property tax20 yrsExemption on new residential construction.
Investor visa$300KPermanent Panama residency from $300K in real estate.
Annual ROI8–12%Typical rental program return (Real Estate Playa Venao).
Playa Venao · The Place

Three references for a coast most buyers cannot yet picture.

Playa Venao sits on the southern face of the Azuero peninsula. The bay opens to the west, so the sun sets over the water roughly 340 days a year. Surf is consistent from March through November and has hosted ISA world championships. The town grew around the wave, not around a resort.

Three hours from Panama City.Twenty-five minutes from Pedasí.Two surf seasons a year.
  • DrivePan-American Highway from Panama City to Divisa, south through Las Tablas to Pedasí, then west to Venao. The road ends here.
  • SeasonsDry season December–April: clean swell, light wind, peak hotel rates. Rainy season May–November: green hillsides, fewer visitors, lower ADR.
  • DensityNo high-rises, no franchise hotels. Six low-density condo buildings is the largest residential project on the bay.
Sunset over Playa Venao, Panama — looking west across the bay
Where it is

Three hours from Panama City. Twenty-five minutes from Pedasí.

The Azuero peninsula on Panama's Pacific coast. South of Las Tablas, past Pedasí, where the highway ends.

N
  • landmark · here
    Villa Marina
    Phase 1 under construction · 2 of 6 buildings remaining
  • ISA contest beaches
    5 min
    landmark
    International Surfing Association events
  • Pedasí
    25 min
    town
    Town with banks, ATMs, supermarkets, restaurants
  • Aeropuerto Capt. Manuel Niño (PDM)
    25 min
    airport
    Charters to PTY
  • Las Tablas
    1 h
    town
    Provincial capital · regional hospital
  • Pan-American Hwy
    1h 30m
    highway
    Divisa junction · 3h drive to Panama City
  • Panama City / Tocumen (PTY)
    3 h drive · 45 min flight
    airport
Villa Marina masterplan — Playa Venao, Panama
Masterplan

One property. Six ways to live in it.

Tap each marker to see phase, timeline and prices

Data by zone

What each part of the masterplan delivers.

Availability

What you can buy today.

Live inventory pulled from Sanity. Status updates every 60s. Click a unit to request its details pack.

UnitTypeBR / BAAreaViewPriceStatusAction
Villa Marina BOHO
villa-marina-boho
Tower 100
BOHO3 / 3180 m²Sea view$650KAvailableRequest
Villa Marina Oasis
villa-marina-oasis
Oasis2 / 2133 m²Beach front$650KAvailableRequest
Villa Marina Tropical
villa-marina-tropical
Tower 200
Tropical3 / 3180 m²Sea view$650KAvailableRequest
Lot SF-7
SF-7
Beachfront tier
Single Family Lot—1231 m²Close to the beach · 0–10 m elevation—AvailableRequest
Lot SF-8
SF-8
Jungle edge
Single Family Lot—1500 m²Jungle edge · 0–10 m elevation—AvailableRequest
Lot SF-9
SF-9
Ridge tier
Single Family Lot—2100 m²Partial ocean · 25–35 m elevation—AvailableRequest
Lot SF-10
SF-10
Top tier
Single Family Lot—2794 m²Panoramic · 35–50 m elevation—AvailableRequest
Hotel rooms (8 types)
VM-HOTEL
Villa Marina Hotel · est. 2012
Garden to Ocean View——Operated by GVA Hospitality—InquireRequest
Floor plans

Three plan types across Phase 1.

Detailed PDF and SVG floor plans are released to qualified buyers as part of the unit pack. Request below and we'll email it within 24h.

BOHO
3 BR · 3 BA · 180 m²
Tower 100 & 200 · golden-hour orientation
Request floor plan
Oasis
2 BR · 2 BA · 133 m²
Entry tier · best yield per m²
Request floor plan
Tropical
3 BR · 3 BA · 180 m²
Garden-facing · gallery wall
Request floor plan

Plans subject to architectural finalization (Zürcher Arquitectos). Minor adjustments may occur up to delivery.

Phase 1 · Amenities

The Beach Club is the catalyst.

Two pools, a restaurant, six BBQ cabanas, pickleball courts, and a kids area facing the bay. The Beach Club is the project's most visible amenity, and inventory sold before its opening historically appreciates faster.

Two pools facing the bay
Restaurant + bar service
Six private BBQ cabanas
Pickleball courts
Kids area and shaded play
Direct beach access
Opens dry season 2027
Villa Marina Beach Club rendering, facing the bay
Your investment

The numbers behind Villa Marina.

$395K
Entry price for a 2BR condo (134 m²).
8–12%
Typical annual net yield via GVA Hospitality.
2026
Phase 1 delivery. 2 of 6 buildings remaining.
ROI Calculator

Model the return with your own assumptions.

Estimate. Assumed costs: 35% of gross income (GVA management + HOA + property tax). Actual yield may vary. Request the official breakdown from the sales team. Not an investment offer.

Panama Qualified Investor Visa

Three steps to permanent residency.

A Villa Marina condo meets the $300K threshold for Panama's Qualified Investor Visa.

1

Investment

Purchase from $300K USD

A Villa Marina condo meets the minimum threshold for Panama's Qualified Investor Visa.

2

Application

8–12 weeks with Panamanian counsel

Your legal team coordinates with Immigration. We connect you with firms experienced with Villa Marina clients.

3

Residency

Permanent + path to citizenship

Permanent residency with no minimum stay requirement. Citizenship eligible after five years of residency.

Reference information. Confirm current requirements with a Panamanian immigration attorney.

Virtual tour · in production

Want to walk it in person?

We're finalizing the 3D scan. Until it's live, the best way to feel Villa Marina is a guided on-site visit — we pick you up from Tocumen or Pedasí airport.

Schedule a visitNotify me when 3D is live
How buying works

From first call to closing in four steps.

Discovery call

30 minutes on WhatsApp or Zoom. We map your goals, budget, residency plan, and timeline.

Unit selection

Floor plans, current inventory, partner walk-through. Visit Playa Venao for two days — we host.

Legal review

Panamanian counsel handles title search, escrow, and the purchase contract. We coordinate, you stay informed.

Closing

Funds wired to escrow. Title transferred at Public Registry. Keys delivered at hand-over, residency application begins.

One detail to plan around:Panamanian banks generally do not finance non-residents. Most foreign buyers structure deals as cash, seller-financed, or with home-country financing. Once you secure the Qualified Investor Visa, financing options expand.
From buyers

Foreign investors who already closed.

Two real stories below — names withheld until image authorization is on file. The third spot is open: when you close with us, your story goes here.

“Everything from the first call to the closing was direct. No hype, no pressure — just facts and a clear timeline. Michael answered every question I had about the legal side, even on weekends.”
Buyer, name withheld
Argentina · Villa Marina · BOHO unit · 2025
“I was buying remote. Circa walked me through the title search and the Pedasí registry process. The unit pack they sent had every doc I needed for my attorney back home.”
Buyer, name withheld
United States · Villa Marina · Lot SF-8 · 2024
Your story here

Buyers who closed with us write us back six months later, after their first rental season. That note could be yours.

Talk to us
Project partners

Three teams behind every unit at Villa Marina.

Grupo Verde Azul
Developer

Panamanian investment group behind Villa Marina. Owns the land, the hotel, and the masterplan. Reachable at sales@grupoverdeazul.com.

Zürcher Arquitectos
Architecture

Designed every building on the property. Concrete and quira wood, cross-ventilation by design, no central A/C — meaning lower OPEX, better net margin.

GVA Hospitality
Operations

Runs the Villa Marina Hotel since 2012. Same team manages the condo rental program through Cloudbeds, Airbnb, and Booking.com.

Circa is the boutique advisory that represents you as the buyer through the transaction. We are not the developer.

Frequently asked

Questions buyers ask before they reach out.

When does Phase 1 of Villa Marina deliver?
Phase 1 (Towers 100 and 200) delivers in 2026. Four of six low-density buildings are already delivered and sold; the final two are under construction now.
How many condos are still available?
Two of six buildings remain in Phase 1. Each building is low-density (two condos per floor). Unit count, floor plans and availability are updated weekly — request the live inventory before deciding.
What does the GVA Hospitality rental program include?
Villa Marina Hotel has operated since 2012. When you are not in residence, GVA Hospitality runs your condo through the same operations system as the hotel: front desk, housekeeping, maintenance, marketing across Cloudbeds, Airbnb and Booking.com. Typical net return runs 8–12% annually after management, HOA and property tax.
Can I get a mortgage in Panama as a foreigner?
Panamanian banks generally do not finance non-residents. Most foreign buyers at Villa Marina structure deals as cash, seller-financed, or through home-country financing. Once you obtain residency through the Qualified Investor Visa, financing options expand.
What is the weather and rental seasonality?
Playa Venao has two seasons: dry (December–April) and rainy (May–November). Surf is consistent year-round but cleanest from March to November. Rental ADR is roughly 30% higher in dry season and 25% lower in low season — those swings are already factored into the ROI model.
Does $395K really qualify for Panama's Golden Visa?
Yes. Panama's Qualified Investor Visa requires a minimum real estate investment of $300,000 USD. A Villa Marina condo meets that threshold. The visa grants permanent residency with no minimum stay requirement and a path to citizenship after five years. Confirm current requirements with a Panamanian immigration attorney.
Can I buy Villa Marina with crypto (Bitcoin, USDC)?
Yes — crypto purchases are one of several payment paths we support. Stablecoins (USDC, USDT) are the most common because Panama is dollarized: no conversion friction. Bitcoin and Ether work too via regulated escrow. Full breakdown — wallet, escrow, AML/KYC, title transfer — lives on our /panama-data investor guide.
How does Circa protect me as a foreign buyer?
Three layers. (1) Title — your Panamanian counsel runs a Public Registry certificate confirming the seller's ownership and that the property is free of liens before you sign. (2) Funds — all money flows through regulated escrow; the seller doesn't see a dollar until your name is on the deed at the Registry. (3) Structure — if you elect a Panamanian S.A. to hold the property, we coordinate with your accountant abroad so the ownership setup is clean from day one. We work only with trusted legal partners — names and references available on request before any contract.
Michael Rudasveski, founder of Circa Panama
Your guide

I've walked every unit at Villa Marina.

I have toured every floor plan, met the architects and the hotel operator, and closed transactions at Villa Marina since 2023. Send a WhatsApp message and I will send the full deck, the current floor plans, and arrange a two-day visit to Playa Venao.

WhatsApp Michael ↗Book a call →
Let's talk

Tell us what you're looking for.

Pre-construction inventory, lot pricing, hotel stays for a site visit — we route every request to the right partner and reply within one business day.

Prefer to write? hello@circapanama.com
Or message us directly on WhatsApp ↗