Group Corcione is the driving force behind some of Panama’s most innovative and striking architectural developments

Since 2005, Panama has been experiencing a real estate boom. Tourists and investors worldwide are discovering the key ingredients that make Panama a top choice for living, investing and retiring. It offers the U.S. dollar as its currency, the expanding Panama Canal, modern infrastructure, a top international banking system, a lower cost of living, an ideal climate, and the most important of its assets: Panamanian hospitality.

Group Corcione is one of the top real estate builders and developers in Panama, specializing in residential high-rise and second-home market developments.

Starting out as a small engineering firm in 1992, it had begun building its own residential developments by 1996, beginning with apartment buildings in the middle to low-income housing market. Since then, the firm has begun to target the mid-range and high-end local and international markets with projects like Ocean Park Towers in Punta Pacifica and Ocean Sky, SF67, Park One, and Green Bay at Costa del Este.

The mastermind entrepreneur behind the firm is Nicolás Corcione, who, at 25, began working as a project manager with a large local developer and real estate broker. In order to expand, Corcione invited Agustín González, a structural and civil engineer with a solid design and construction background, to join the team.

The group’s synergy and its integration of services resulted in one of the most respectable groups of builders and developers in Panama, now with over 3 million square feet (278,709 square meters) of successful construction under their belt.

Today, Group Corcione markets and builds its own developments and carries out construction and project management services for third parties. Now the group is working on five major residential city developments as well as second-home and retirement projects in Panama’s countryside to fulfill the demand from American, Canadian, South American and European buyers.