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Engel & Völkers signs a new franchise in Santiago de Compostela

At Engel & Völkers we are very pleased to announce that last Friday, May 5th, 2017, a contract was signed for the concession of a real estate license for the opening of a franchise in Santiago de Compostela. The name of our new licensee is Javier Corcoba, a professional with over 22 years of experience in management and leader of human resources teams in large national and international companies. From here we want to express our sincere congratulations.

The event was attended by Meri Blanco, COO of Engel & Völkers in Spain, Andorra and Portugal as well as Constanza Maya, director of the company's franchise department, and Nicole Berger, the regional manager. All of them are convinced that Javier Corcoba, technical architect by the University of A Coruña and graduated in the Program of Top Management of Companies in IESE, is the best person to undertake this new business venture and to reap countless successes.

The mission of our new licensee will be to take advantage of the opportunity that Santiago de Compostela has been offering in recent times. According to data provided by the Ministry of Development (Ministerio de Fomento) in 2015, in the area that the new license was granted to this prestigious entrepreneur, the total property purchases were worth more than 190 million euros. This is a figure that quickly brings to mind the myriad of business opportunities offered by this region.

Spain - engel-voelkers-santiago-de-compostela-nueva-licencia-01.jpg

In addition, the city also encompasses the most 'premium' homes in the entire area. In fact, it is only closely followed by the towns of Arnes and Teo. The licensee will also have the opportunity to work in several coastal areas such as Ribeira, Noia, Pobra do Caramiñal, Negreira, Ordes and Santa Comba. All of these locations are experiencing strong growth in this type of real estate sector.

But it's not just Santiago de Compostela that offers 'premium' homes within the centre of the city and in the towns we have discussed. There is also Ruta Jacobea that has a potential in the rental sector. The same can be said about Parlamento de la Xunta de Galicia as its activity also favours the growth of this modality. Added to this is the possibility of selling restored rural homes and traditional fincas.

In short, at Engel & Völkers real estate agency, we are in luck. With the opening of this new franchise in Santiago de Compostela, we hope to offer a better service to our customers and continue the path of growth that we have been experiencing in Spain during the last few years.

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