This picture of an Azuero Peninsula waterfall sums up the natural beauty of Panama. These waterfalls can be found all over the Azuero Peninsula and on select pieces of Panama property. Several parcels of ocean view real estate and some oceanfront real estate have these breathtaking natural wonders. Those lucky sections of Panama Property that have these waterfalls get purchased quickly. However the Azuero Peninsula has only recently been discovered, there is still a chance to get your own waterfall in Panama