Selina Hostels at Playa Venao
The hostel is new and not finished yet, but it has a great design, is located directly at the beach and the staff is really cool. A con is that there is only one shop which has basically nothing and is really expensive; so you either have to bring your food or eat at the bar in the hostel.
The beach itself is good for surfers, but you can also enjoy the waves without a board.
There are only two (or maybe three; nobody knows) buses from Pedasí to Playa Venao: once in the morning (I think at 7) and once at 12 o'clock. It takes around 1.5 hours. Keep your eyes open and when you see the sign of the hostel, shout "(la) parada, por favor"

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Inns in Punta Mala

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Top Punta Mala Hotel Reviews

Villa Marina Lodge & Condos

10/10 Excellent

"Great"

Hotel Posada Destiladeros

10/10 Excellent

"The sea view was amazing and it had easy access to the beach. The breakfast was lovely. The hosts are very helpful. The restaurant evening meal was wonderful, we had fresh fish and shrimp. A good selection of drinks was also available. A short drive from Pedasi. We also saw a yellow caracara at breakfast as well as a black vulture."

Hotel Punta Franca

10/10 Excellent

"The place is on top of a hill which gives you an spectacular ocean view. In the morning you can hear birds and the amazing sound of the ocean waves below. It is a place to enjoy nature, views, tranquility, the beach, sand, just to breathe fresh air. It’s a quiet atmosphere, not a party place. I love this quietness and I will come back soon. The staff is super friendly and welcoming. There is no refrigerator in the room, so i guess we better bring a cooler with ice next time. It’s really an amazing experience in Playa Destiladeros, Pedasi "

Pedasi Ocean Properties

10/10 Excellent

"This property is a gem. Management and staff super friendly and responsive. Clean, modern, unpretentious rooms are spacious and well appointed. If you're looking for a swim-up bar with blender drinks and loud music, look elsewhere. This is quiet, off-season, private condo style living. Full kitchens in room make self-service effortless. The best restaurant in the area is 75 meters away. The beach is 20 meters away! Make this your base to explore the whole eastern Azuero peninsula. "