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Stopping by ShokoGi Panama is always an experience.
It is in Punta Mala. If you're planning on visiting Panama City, the capital city, you'll only have to travel 110 miles.
You should be able to choose a place to stay to fit your needs. There are 2 close by. The Panama Bambu Los Destiladeros and Hotel Punta Franca are good choices and are within 2 miles of ShokoGi Panama.
A few of you will be pleased to know that the general area has some budget accommodations. The Selina Pedasi and the Sandals Hostels are some recommended establishments you'll want to think about.