Cap Cana registers “exponential” growth in real estate tourism

The content originally appeared on: Dominican Today

Jorge Subero Medina, executive president of Cap Cana, announced in a welcome ceremony for new owners the exponential growth that the destination city has had during the last 18 months. He highlighted that currently, more than 1,200 real estate rooms are being built. Meanwhile, with the delivery of infrastructure for new plots, some 3,036 more will be built by third-party acquirers who trusted Cap Cana to develop villas and apartments, which would represent a contribution of 400 million dollars in construction to the country. He emphasized what these new developments mean the creation of employment for the country’s economy and a direct contribution to national builders and suppliers. He thanked the trust of real estate developers who have maintained their loyalty by contributing to the growth of the destination city […]