Condo.com goes Terra.com.

Condo.com, a online condo marketplace – dubbed the NASDAQ for condos – announced it has signed a partnership agreement with Terra Networks to launch the first of its kind, bilingual online condo marketplace. The co-branded website, located at http://bienesraices.terra.com.

“This strategic partnership will set a precedent for how U.S. and Latin American developers, real estate agents and individual sellers communicate with each other,” said Richard Swerdlow, CEO, Condo.com. “Serving the Hispanic and Latin American communities has become increasingly important to the real estate industry and Condo.com is proud to be leading the way. Our relationship with Terra will transcend the language barrier and impact the real estate community in an extremely positive way, facilitating condo transactions across all borders.”

Fernando Rodriguez, CEO for Terra Networks, agrees the partnership will have a significant impact on the Hispanic and Latin American markets. “Terra leads the U.S. Hispanic and Latin American online market, so it makes sense for us to partner with the leading online condo marketplace. We anticipate our relationship with Condo.com will have a significant impact on the Spanish speaking real estate community and look forward to building an online real estate portal, unrivaled around the world.”