real estate

Agency to set up offices

Fincas Corral Servicing, one of the most important real estate agencies in Spain and Europe, will make Panama its regional headquarters for Central America.

Fincas Corral already has a presence in Mexico and Ecuador and is preparing to move into Colombia.

"We can say that Panama is very possibly the country that offers the greatest economic and political stability as well as legal reliability at the time ofmaking real estate and investment transactions," said Jordi Garrido, director of Fincas Corral's expansion efforts.

The company is looking for a place to establish its central offices. "Setting up the offices will be fast, and we believe that in two months we can be operating normally," he added. The offices will be located in the city of Panama, the metropolitan areas, and in tourist areas. The company hopes to generate employment for 150 people in Panama.