Miami Firm Announces Expansion Into Dominican Republic’s Tourist Transit Sector

by Editorial
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MADRID — Larimar City & Resort, a massive smart-city development underway in Punta Cana by Spanish engineering firm CLERHP, concluded its exhibition at the 2026 Madrid International Real Estate Exhibition (SIMA) amid strong interest from global institutional investors and commercial developers.

The Dominican Republic-based megaproject positioned itself as a premier Caribbean investment vehicle at the European expo, capitalizing on regional tourism growth, robust legal frameworks, and projected long-term asset appreciation. CLERHP, which trades publicly on Spain’s BME Growth market, is anchoring the development as a high-yield opportunity within the booming Punta Cana real estate sector.

To drive engagement, developers deployed an immersive virtual reality showcase at the event, allowing attendees to digitally navigate the smart city’s layout, planned infrastructure, and coastal views. Company representatives said the technology underscores the project’s focus on future-oriented urban planning.

During the multi-day expo, Larimar executives held a series of private strategic meetings with institutional investors, shareholders, and international suppliers to finalize upcoming development partnerships and supply-chain logistics.

Company officials noted that the high volume of inquiries at SIMA 2026 reflects a broader, accelerating global demand for secure, premium real estate assets, further establishing the Dominican Republic as a primary hub for foreign direct investment and luxury hospitality infrastructure.

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