Exclusive Properties for Sale in Farallón, Panama
Discover One of the Most Appealing Coastal Communities on the Pacific Riviera
Farallón offers the tranquility of a traditional beach town alongside modern residential projects along the Pacific Ocean. On this page, you'll find a selection of properties available in communities such as Miramar, Miramar Loft, Patricia Italia, and PH Playa Blanca, ideal for living, enjoying a second home, or investing in one of the fastest-growing areas along Coclé's tourism corridor.
Benefits of Living in Farallón
Where Pacific Tranquility Becomes Your New Way of Life
Tropical Living with Spacious Oceanfront Residences
Farallón offers the chance to wake up each morning to sea breezes and direct access to white‑sand beaches. Developments like Miramar Loft and PH Patricia Italia feature open‑concept designs, generous layouts from 120 m² to 175 m² (1,290–1,880 sq ft), large windows, and panoramic balconies with uninterrupted views of the Pacific Ocean. Residents also enjoy full social areas with pools, barbecue zones, and direct beach access.
A Consolidated and Competitive Real Estate Market
Strategically located 120 km (75 miles) from Panama City, Farallón’s market remains in steady demand, driven by tourism and coastal development in Coclé. Prices for beachfront condos and lofts range between $1,500 and $1,850 per m² ($140–$170 per sq ft), offering accessible entry into high‑standard coastal properties. Proximity to resorts and Scarlett Martínez International Airport supports consistent appreciation over time.
Attractive Tax Incentives and Legal Security
Investing in Panama real estate provides unique financial advantages. Many Farallón properties benefit from active property tax exemptions on improvements (5 to 15 years). Panama’s territorial tax system exempts foreign‑sourced income from local taxation, and the country does not levy annual net worth taxes—significantly reducing ownership costs for beachfront properties.
Strategic Connectivity, Healthcare, and Education
Just 90–100 minutes from Panama City via the Pan‑American Highway, Farallón offers practical daily logistics. Within 5 minutes you’ll find Mareas Mall with supermarkets, pharmacies, and banks, plus primary medical centers in Río Hato. Families benefit from bilingual international schools like Five Stars Academy in Santa Clara (10 minutes) and advanced medical facilities within 30 minutes in Coronado and Penonomé.
Properties Available in PH Miramar I
On sale
$525.000
Miramar PH 1
3
4
3
233 m²
233 m²
2009
By
Iris Arcia
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On sale
$595,000
Miramar PH 1
4
4.5
2
233 m²
233 m²
2009
By
Iris Arcia
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4-bedroom condominium with ocean view in Mira Mar
On sale
$550,000
Mira Mar PH1 Farallón
4
4.5
2
245 m²
245 m²
2009
By
Iris Arcia
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On sale
$595,000
Miramar PH 1
4
4.5
2
233 m²
233 m²
2009
By
Iris Arcia
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Loft Available in Miramar Loft
On sale
$260.000
Miramar Loft Farallon
2
2
1
131 m²
131m²
2011
By
Iris Arcia
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Apartments Available in PH Patricia Italia
On sale
$350.000
Patricia Italia Farallon
3
3
2
155 m²
155 m²
2010
By
Iris Arcia
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Three-bedroom beachfront apartment in Patricia Italia
On sale
$311.000
Patricia Italia Farallon
3
3
2
155 m²
155 m²
2009
By
Iris Arcia
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Apartments Available in PH Playa Blanca
Exquisite two-bedroom apartment for sale in Bijao
On sale
$360.000
PH Playa Blanca Farallón
3
2.5
1
146 m²
146 m²
2010
By
Iris Arcia
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Stunning 3-Bedroom Condominium with Ocean View in PH Blaya Blanca, Farallón
On sale
$ 360,000
PH Playa Blanca Farallón
3
2
2
147 m²
147 m²
2005
By
Iris Arcia
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Properties Available in Oasis del Mar
Exclusive beachfront residence, a home in Oasis del Mar in Farallón
On sale
$ 1,000.000
Farallón Beach
3
2
6
1100 m²
1091 m²
2009
By
Iris Arcia
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Other beach properties in Farallon
Exclusive beachfront residence, a home in Oasis del Mar in Farallón
On sale
$ 1,000.000
Farallón Beach
4
3,5
4
1091 m²
1091 m²
2009
By
Iris Arcia
Share
On sale
$450.000
Farallón Beach
4
3.5
5
192 m²
548.42 m2
1970
By
Iris Arcia
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Key Guide for Buyers and Investors in Farallón
How Much Does a Square Meter Cost, and What Returns Do Farallón Properties Offer?
The average price for beachfront condos and lofts such as those at Miramar ranges between $1,500 and $1,850 per square meter (about $139 to $172 per sq ft). Its value is supported by proximity to Scarlett Martínez Airport and strong demand for vacation rentals, generating steady U.S. dollar income for property owners.
What Tax Benefits Are Available When Buying Property in Farallón, Panama?
Many properties benefit from a property tax exemption on improvements for up to 10 or 15 years. In addition, Panama's territorial tax system exempts foreign-source income from taxation, and the law does not apply annual taxes on net worth or property ownership.
What Is the Healthcare and Education Infrastructure Like for Living Full Time in Farallón?
Farallón has urgent care clinics just 5 minutes away in Río Hato and private hospitals 30 minutes away in Coronado. For families, bilingual international school options are available 10 minutes away (Five Stars Academy), along with top-tier private schools in Coronado and Penonomé.

"The Tranquility of a Coastal Town with the Comfort of Modern Living"
Farallón combines the essence of a beachfront community with private residences, nearby amenities, and excellent connectivity along the Pacific Riviera. Let a local advisor help you find the property that best fits your lifestyle or investment goals.







