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HomeTrendingRevolutionizing the Dominican Real Estate Market with Affordable Housing Options

Revolutionizing the Dominican Real Estate Market with Affordable Housing Options

Revolutionizing the Dominican Real Estate Market with Affordable Housing Options

SANTO DOMINGO.- Mallorca Village is the new real estate development presented to the Dominican market and will be located in La Romana, in the east of the country, a work focused on affordable housing with an investment projection of 1,200 million pesos.

The new proposal was announced during a meeting at the Bottega Fratelli restaurant in the Dominican capital. Its promoters explained that the complex will be located near the main tourist infrastructures of the east, such as Casa De Campo, Bayahibe, Punta Cana, and Bávaro, just 10 minutes from La Caleta beach, in La Romana.

A press release highlights that the project will be developed under the Trust modality, with the help of Fiduciaria Universal, generating 500 direct jobs. It details that it is a design with a tourist and ecological concept, with large green areas, parks, an outdoor gym, a children’s play area, an exercise trail, and a pool club.

Illustrative render of the project. (External source).

The press document highlights that the Roig, Ginebra, and Vitienes families will serve as investor trustors. The work has been designed by the architectural firm Sánchez y Curiel.

Miguel Roig, Project Manager of the Mallorca Village Trust, highlighted that the apartments have a modern and comfortable design that combines elegance and functionality. “At the same time, it fills us with satisfaction to be able to take sectors that have not traditionally enjoyed these comforts to paradise, through a project of this nature,” said the executive.

The activity was attended by brokers, businessmen from the sector, and representatives of real estate agencies. The project has the Master Brokers Urban Group, RE/MAX Metropolitana, Elite House, Loft Home, and Golden Castle.

“Mallorca Village becomes an ideal destination for families who want to live in a safe and different environment, for absent Dominicans who want a vacation and residential home, or for investors who want to maximize their profitability,” the information states.

Cover photo: José Vitienes Colubi, Afey Estrella, Camel Garip, Miguel Roig, Ricardo Ginebra and Ricardo Vitienes. (External source).

Editorial
Editorialhttps://puntacanatoday.com
Meet Mia, a talented and experienced real estate journalist based in Punta Cana. With a passion for writing, Mia has been contributing articles to PuntaCanaToday®, a leading publication in the real estate industry known for their in-depth research and analysis, Mia covers a range of topics related to the Punta Cana real estate market, from the latest trends and developments to expert insights and advice for buyers and sellers. With a keen eye for detail and a dedication to their craft, Mia is committed to providing readers with accurate, informative, and engaging content. Mia Rodriguez: Editor-in-Chief of PuntaCanaToday® Mia Rodriguez is a dynamic and visionary leader in the realm of journalism, best known as the Editor-in-Chief of PuntaCanaToday®, a prominent newspaper dedicated to providing unparalleled insights into the vibrant landscape of Punta Cana. With an unquenchable passion for fostering informed discussions and driving positive change, Mia has emerged as a pivotal figure in shaping the narrative of Investments, Construction, Real Estate, and Tourism within the region. Born and raised in Punta Cana, Mia's deep-rooted connection to the local culture, coupled with her exceptional journalistic acumen, has propelled her to the forefront of the media industry. With her ample knowledge in Journalism and Communication, Mia embarked on her career with an unwavering commitment to bring forth compelling stories that resonate with both residents and international audiences. Under Mia's editorial stewardship, PuntaCanaToday® has flourished into a beacon of reliable information, serving as an indispensable resource for investors, entrepreneurs, and tourists seeking to explore the vast potential of Punta Cana. Her keen editorial eye and dedication to accuracy have ensured that the newspaper maintains the highest standards of integrity and credibility. Mia's multifaceted approach to journalism is reflected in the comprehensive coverage PuntaCanaToday® provides. From in-depth analyses of investment trends and construction developments to insightful features on the ever-evolving real estate market and the burgeoning tourism sector, the newspaper has evolved into a trusted companion for anyone looking to stay well-informed about Punta Cana's trajectory. Beyond her role as an editor, Mia Rodriguez remains deeply engaged within the local community, participating in various initiatives aimed at promoting sustainable growth and preserving the cultural heritage of Punta Cana. Her commitment to ethical reporting and her dedication to fostering a sense of unity within the region have garnered her widespread respect and admiration. In a realm where information is a precious commodity, Mia's leadership has solidified PuntaCanaToday® as an indispensable bridge between the past, present, and future of Punta Cana. Through her visionary leadership, Mia continues to shape the narrative of the region, inspiring others to explore its limitless possibilities and contribute to its ongoing success.
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