Spacious apartment with a balcony and ocean views in Patricia Italia, Farallón
Purchasing this spacious beach condo for sale in Patricia Italia represents a smart financial decision for buyers seeking a tax exempt asset with strong appreciation potential. In a setting defined by tropical charm and freedom, enjoy peace of mind, security, and long term wealth preservation in one of Panama’s fastest growing coastal regions.
For sale
$ 350.000
Patricia Italia Farallón
3
3
2
155 m²
155 m²
2010
By
Iris Arcia
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Beachfront real estate investment opportunity at Patricia Italia
Oceanfront properties in Playa Farallón continue gaining relevance within Panama’s real estate market due to their limited availability, tourism appeal, and growing residential and vacation demand.
This apartment stands out for its combination of spacious interiors, open ocean views, and competitive operating costs. Its active tax exemption and efficient maintenance fees increase the financial appeal for buyers focused on optimizing wealth and reducing recurring expenses.
In addition, Patricia Italia is a well established private residence with a peaceful residential atmosphere and a privileged beachfront location along one of the most desirable beaches on Panama’s Pacific coast. An ideal asset for retirement, second home ownership, or long term real estate investment.
Property description
This spacious beach condo for sale in Patricia Italia offers 155.54 sq.m designed to fully enjoy oceanfront living. From the living room, kitchen, and expansive balcony, panoramic views of Playa Farallón and Farallón Island transform every space into a privileged coastal experience.
The property features three bedrooms, three full bathrooms, and a guest powder room. Two bedrooms include ensuite bathrooms, while every room offers air conditioning and excellent natural light.
The kitchen combines functionality and spaciousness, flowing naturally into the social area and main balcony, ideal for entertaining by the ocean or simply enjoying the sea breeze.
Built in 2010, this apartment maintains highly desirable characteristics in today’s market: efficient layout, excellent cross ventilation, and a compelling balance between residential comfort and investment value.
Main features
- 155.54 sq.m beachfront apartment
- 3 spacious bedrooms
- 3 full bathrooms plus guest powder room
- Panoramic balcony with ocean views
- Direct views toward Farallón Island
- Air conditioning in bedrooms and social areas
- Integrated and functional kitchen
- Elegant lobby with controlled access
- Oceanfront swimming pool and jacuzzi
- Active property tax exemption
- Competitive maintenance fee
- Private and secure residential building
A coastal property in Panama that combines beachfront enjoyment, asset efficiency, and long term appreciation potential.
Amenities and value for investors
Internal amenities
- Large oceanfront balcony
- Air conditioned and fully equipped kitchen
- Bright and open social spaces
- Bedrooms with private bathrooms
- Excellent natural ventilation
- Ideal layout for family use or vacation stays
Patricia Italia amenities
- Oceanfront swimming pool
- Jacuzzi overlooking the ocean
- Elegant lobby
- Private residential building
- Secure and peaceful environment
- Maintenance includes water, gas, and garbage disposal service
- Affordable maintenance fee of $269
These amenities strengthen the property’s appeal for buyers seeking retirement living, a vacation residence, or a strategic property for future short term and medium term rentals.
Strategic location and appreciation potential
Farallón continues consolidating its position as one of the most attractive beach destinations in Panama thanks to its proximity to resorts, premium residential communities, and Pacific coast tourism destinations.
The location of Patricia Italia allows residents to enjoy a peaceful residential atmosphere without sacrificing access to restaurants, shopping, services, and recreational areas nearby. Located approximately 90 minutes from Panama City, the region maintains a highly desirable balance between accessibility and coastal lifestyle.
Beachfront properties continue increasing in value due to the limited supply of oceanfront inventory and the sustained growth of residential tourism in Panama.
Here, every sunrise over the Pacific represents more than quality of life. It reflects long term vision, financial stability, and wealth preservation.
Key financial benefits
- Beachfront asset with strong demand on Panama’s Pacific coast
- Tax exemption that improves long term asset efficiency
- Appreciation potential in a premium coastal location
- Ideal for retirement, family legacy, or mixed investment use
- Opportunity to generate vacation rental income
- Capital preservation in a real estate market with limited oceanfront inventory
Owning a beachfront property in Panama combines tropical living, wealth protection, and long term financial growth opportunities.
Community and lifestyle
Patricia Italia offers a private residential environment where tranquility, security, and constant connection to the ocean define everyday living. The resident profile includes families, international buyers, second home owners, and investors who value privacy and quality of life.
Daily life revolves around walks by the beach, sunsets from the balcony, gatherings by the ocean, and disconnecting from the fast pace of city living.
Beyond its immediate residential appeal, the community also maintains highly desirable characteristics for future premium rental opportunities, including security, prime location, and direct access to one of the most sought after coastal settings in Panama.
Because in a place filled with tropical charm and freedom, living safely and peacefully can also become a smart investment decision.
Buying this apartment in Patricia Italia means choosing a future of growth and serenity
The future of your real estate portfolio starts hereThis apartment in Patricia Italia represents a rare opportunity for buyers seeking spacious living, ocean views, and long term asset stability within one of Panama’s most attractive coastal regions.
“With tropical charm and freedom, live safely and peacefully” while building wealth supported by location, exclusivity, and strong appreciation potential facing the Pacific Ocean.
Contact Iris to learn more about the investment potential of this property and receive personalized guidance in Panama.
+507 6765-4992
info@uncoverpanamarealestate.com
Patricia Italia Farallón | Oceanfront Apartment in Panama

Iris Arcia
Real Estate Agent
info@uncoverpanamarealestate.com
507 64874686
507 67544842
"A life dedicated to connecting people with their paradise in Panama"
500
Properties sold
66
Luxury properties for sale
10
Years of experience in Real Estate
47







