

Oceanfront at Playa Venao, by Grupo VerdeAzul. A working lodge, a natural stone pool and two restaurants already operate on site.
Villa Marina is not a render with a promise attached: the 9-room lodge, the natural stone pool, Villa Marina Bistro and Gabriel's Sunset Bar operate today, with GVA Hospitality at the front desk. The beach club, the wellness centre and the bicycle trails are in the developer's own Future Developments column, and this page keeps the two apart. 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
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.

The Azuero peninsula on Panama's Pacific coast. South of Las Tablas, past Pedasí, where the highway ends.
Real photos from the project, not stock. Filter by area, click any image to expand.
Live inventory pulled from Sanity. Status updates every 60s. Click a unit to request its details pack.
| Unit | Type | BR / BA | Area | View | Price | Status | Action |
|---|---|---|---|---|---|---|---|
Villa Marina · 1,400 m² lot lot-villa-marina-1400 | lot | - | - | Sea view | $420K | Available | Request |
Villa Marina · Condo, 132 m² (pre-sale) villa-marina-condo-132 | (pre-sale) | 2 / 2 | 132 m² | Ocean | $480K | Available | Request |
Villa Marina BOHO villa-marina-boho Tower 100 | BOHO | 3 / 3 | 180 m² | Sea view | $650K | Available | Request |
Villa Marina Oasis villa-marina-oasis | Oasis | 2 / 2 | 133 m² | Beach front | $650K | Available | Request |
Villa Marina Tropical villa-marina-tropical Tower 200 | Tropical | 3 / 3 | 180 m² | Sea view | $650K | Available | Request |
Lot SF-7 SF-7 Beachfront tier | Single Family Lot | - | 1231 m² | Close to the beach · 0–10 m elevation | - | Available | Request |
Lot SF-8 SF-8 Jungle edge | Single Family Lot | - | 1500 m² | Jungle edge · 0–10 m elevation | - | Available | Request |
Lot SF-9 SF-9 Ridge tier | Single Family Lot | - | 2100 m² | Partial ocean · 25–35 m elevation | - | Available | Request |
Lot SF-10 SF-10 Top tier | Single Family Lot | - | 2794 m² | Panoramic · 35–50 m elevation | - | Available | Request |
Lodge rooms (9 rooms) VM-HOTEL Villa Marina lodge | Garden to Ocean View | - | - | Operated by GVA Hospitality | - | Inquire | Request |
Three categories live inside the masterplan. Tap each to see specs, current units in Sanity, and the path forward.





Designed by Zürcher Arquitectos. Two condos per floor. Bay-view terrace, direct beach access. Appliances not included.
Organic lines, open spaces, integration with the surroundings. Land to build your own home overlooking the bay or up on the ridge. Lot pricing varies by tier and orientation: request the current lot map and prices.
The lodge has 9rooms and is operated by GVA Hospitality, the same team the developer names for the condo rental programme. Grupo VerdeAzul does not publish the programme's terms, so ask for them in writing.
Book a stay ↗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.
Plans subject to architectural finalization (Zürcher Arquitectos). Minor adjustments may occur up to delivery.
It is item 13 of Grupo VerdeAzul's own “Future Developments” column, alongside the wellness centre and the bicycle trails. No opening date, no permit and no construction start has been published. The image on the right is a render. Buy on what exists today, and treat everything below as upside that may or may not arrive.

This calculator uses YOUR inputs and a flat 35% cost assumption. It is not a forecast and it is not sourced from the developer: Grupo VerdeAzul publishes no occupancy, no nightly rate, no management fee and no HOA figure for Villa Marina. Every “8–12% ROI” and “15–20% appreciation” number circulating for Playa Venao comes from seller marketing with no published methodology, so we do not repeat them. Ask us to request the developer's written terms before you rely on any of this. Not an investment offer.
A Villa Marina condo meets the $300K threshold for Panama's Qualified Investor Visa.
A Villa Marina condo meets the minimum threshold for Panama's Qualified Investor Visa.
Your legal team coordinates with Immigration. We connect you with firms experienced with Villa Marina clients.
Permanent residency with no minimum stay requirement. Citizenship eligible after five years of residency.
Reference information. Confirm current requirements with a Panamanian immigration attorney.
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.
30 minutes on WhatsApp or Zoom. We map your goals, budget, residency plan, and timeline.
Floor plans, current inventory, partner walk-through. Visit Playa Venao for two days, we host.
Panamanian counsel handles title search, escrow, and the purchase contract. We coordinate, you stay informed.
Funds wired to escrow. Title transferred at Public Registry. Keys delivered at hand-over, residency application begins.
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.”
“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.”
Buyers who closed with us write us back six months later, after their first rental season. That note could be yours.
Panamanian investment group behind Villa Marina. Owns the land, the hotel, and the masterplan. Reachable at sales@grupoverdeazul.com.
Designed every building on the property. Concrete and quira wood, cross-ventilation by design, no central A/C, meaning lower OPEX, better net margin.
Operates the Villa Marina lodge (9rooms), confirmed in Grupo VerdeAzul's own structured data. The developer names the same team for the condo rental programme but publishes none of its terms.
Circa is the boutique advisory that represents you as the buyer through the transaction. We are not the developer.

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.
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 ↗