The prolific frontman is thought to be a target of both Chelsea and Manchester City, while Atletico's Primera Liga and city rivals Real Madrid have also been heavily linked.
Colombia international Falcao, who has scored 10 goals in as many league games this season to help Atletico to second place in the table, says he could be open to a future move but has reiterated he has three years remaining on his current deal.
He told Radio Caracol: "The opportunity of playing in a different league and for a different club will come at the right time.
"I don't stop dreaming; on the contrary, I know at some point I might want to move to a different team.
"But I still have three years of contract with Atletico Madrid and that's the reality."
Meanwhile, Falcao has been pleased with Colombia's bright start to World Cup qualifying but knows it is a long road to Brazil 2014.
"I don't see myself in Brazil yet, but I am aware of our good performances," he added.
"We have good chances (of qualifying) and we have to keep doing it that way to secure qualification. We have to keep the current form to win the points we need."