So it could be interpreted but I must admit that out of the thousands of diplomas I've rendered, I've never before come across such a title specifically. 'Praedium' might mean 'estate' but the estate would properly have been a medium to large farming enterprise, operated mostly by slave and partially by free labour. A 'vilicus' ('bailiff'), answerable to the owner, would have been in charge of planning and overseeing most aspects of its operations; cf. Cato de agri cultura passim. His modern equivalent might conceivably hold much the same position.

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Note added at 22 hrs (2019-09-15 19:17:59 GMT)
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I'm still not entirely certain of this but the English transl. would SEEM to be 'Master of Real Estate Development and Planning'. Cf. https://www.masterstudies.com/Master-of-Real-Estate-Developm...

This title suits the Latin well enough but the exact Spanish title still escapes me. Perhaps 'Maestría en Planificación Urbana y Regional' but this does not, in my opinion, reflect the Latin very accurately. Nevertheless, it may pass muster in Piedras. Sorry that I could not help more.