Breaks All Records In The Caribbean
CAP CANA, Dominican Republic, May 23 /PRNewswire/ -- Cap Cana, one of
the world's most exclusive tourism and real estate destinations, reached a
new sales record, selling US $350 million gross and more than 95% of
inventory in the first four hours of the Trump Farallon Estates at Cap Cana
sales launch. Trump Farallon Estates constitutes the first product launched
by the joint venture deal recently signed between Donald J. Trump and Cap
Cana, S.A.
(Photo: http://www.newscom.com/cgi-bin/prnh/20070523/NYW172 )
The sales launch is the highest figure reached in the shortest amount
of time by any tourism real estate project in the Dominican Republic or the
Caribbean. Trump Farallon Estates consists of 68 lots of land, ranging in
size from 1.6 to 12 acres, and priced from US $3 million to US $12 million.
The estates will be located within a gated community on top of the highest
bluff in the area, at 200 feet above sea level, with stunning views over
the entire Cap Cana property and the Caribbean Sea.
Mr. Trump arrived at Cap Cana for the sales launch, meeting with Dr.
Ricardo Hazoury, Cap Cana's Board President, as well as the distinguished
owners of this unique product.
"We are very pleased by the extraordinary results obtained at this
sales launch, it has been spectacular. This reflects, without a doubt, the
trust buyers have in Cap Cana," stated Dr. Ricardo Hazoury.
Trump assured that never before has a Caribbean real estate project
sold the record established by Trump at Cap Cana in just one day.
Reiterating his sentiment of Cap Cana's greatness, Trump congratulated the
fortunate buyers on their investment. He emphasized that throughout his
years traveling around the world and making successful real estate
investments, he had never found a place like Cap Cana.
Following this extraordinary sales launch, Cap Cana continues to be
extremely attractive to future investors interested in Trump at Cap Cana,
both at the national and international level. Future Trump at Cap Cana
developments include a golf course, golf villas and golf lots, estate lots,
a beach club, a condo hotel, and residences with ocean views.
About Cap Cana, http://www.capcana.com and
http://www.capcana.com/farallon
Located in the eastern region of the Dominican Republic, Cap Cana, the
"World's Next Great Destination," is the most important tourism real estate
development in the Caribbean. With more than three miles of white sand and
crystalline water beaches, Cap Cana is recognized for its dimension, and
its vision of becoming a great community where luxury and exclusiveness are
well integrated.
When its master plan is completed, Cap Cana will include more than
5,000 residential units and more than four luxury hotels. Cap Cana will
also include five golf courses, three of them signed and designed by Jack
Nicklaus. The first golf course, Punta Espada, opened in November 2006,
with the second, Las Iguanas, currently under construction and scheduled to
be open at the end of 2008. The project also features the most complete and
modern marina in the Caribbean. Recently completing its first phase and
inaugurated in April 2007, the marina will house more than 1,000 slips for
yachts of various sizes, including mega yachts, upon completion.
Cap Cana will also include leisure activities and services such as
elegant boutiques, gourmet restaurants, world-class spas, and exclusive
memberships to yachting, sports and beach clubs.
About The Trump Organization, http://www.trump.com
Donald J. Trump established The Trump Organization in 1980 as the
umbrella company for all of his real estate development and other corporate
affiliates. He has continually set new standards of excellence while
expanding his interests in luxury residential real estate, world-class
hotels, office buildings, championship golf clubs, gaming, merchandising
and entertainment.
No other real estate company has established the international brand
identity that Trump has created. In an industry where quality is sometimes
difficult to discern, the Trump signature is known and trusted the world
over as the name in luxury real estate. In addition to being one of the
largest developers in New York, Trump is currently building residential,
hotel and golf club projects in: Las Vegas; Chicago; Miami; Los Angeles;
Atlanta; Hawaii; Westchester, NY; Beminster, NJ; Aberdeen, Scotland; Panama
City; Dubai, UAE; and now, Cap Cana, Dominican Republic.
SOURCE Cap Cana
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Related links:
http://www.capcana.com
http://www.trump.com http://www.capcana.com/farallon
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20070523/NYW172
AP Archive: http://photoarchive.ap.org AP PhotoExpress
Network: PRN18 PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Saraida De Marchena Kaluche of Cap Cana,
+1-809-472-2525 X2238, s.demarchena@capcana.com, Eric F. Trump of
The Trump Organization, +1-212-832-2000, or Melanie Brandman of
The Brandman Agency, +1-212-683-2442, melanie@brandmanpr.com for
Cap Cana
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