Ricardo Hazoury, president of the Cap Cana real-estate development, took in
US$65 million in the second launch of prime beach and golf real estate to some 150 new owners and investors from the Dominican Republic and abroad. Roughly 64 beach and marina apartments were bought, worth a global value of US$29 million. Investors also purchased lots valuing US$28 million and 30 others for future developments worth US$8 million.
On Friday, reservation holders had the opportunity to select and purchase their home-estate sites, choosing between beach or marina condos, based on an assigned priority number. Located on the privately-owned Jack Nicklaus Signature Golf Course in Punta Espada and in view of the breathtaking oceanfront coral coast located at the spectacularly white-sanded Juanillo Beach on the East Coast, participants who attended the event were given relevant purchases, club memberships and ownership information and documentation. Each homesite and condominium purchased included a Punta Espada Golf Club membership, valued at US$50,000 each. Members of the club enjoy the use of private facilities such as the private Punta Espada Golf Course and Clubhouse, the Calet?n Beach Club and Spa, and Yacht Club.
Cap Cana is located seven minutes from the Punta Cana International Airport on a 6,200-acre resort development that is being marketed as the world?s next great destination. It will feature the largest mega-yacht marina in the Caribbean, three Jack Nicklaus Signature Golf Courses, beach clubs, yacht clubs, boutique hotels, a Monaco-style casino, restaurants and shopping in a quaint pedestrian village. For more information, see