Saturday, April 9, 2011

Riviera Maya


Riviera Maya
As of late March, 2011, the Grand Coral Riviera Maya, one of the largest investment projects in the Mexican Caribbean, completed a third phase with the opening of a golf course designed by South African Nick Price, one of the legends of the game, accompanied by high quality Riviera Maya golf course real estate.

The resort covers an area of 227 acres with 2,500 linear feet of beachfront, and perfectly combines local beauties and its world-class facilities, now including the 18-hole golf course designed by PGA tour legend Nick Price. The resort also includes a Clubhouse, a Beach Club and 49 development lots starting at 10,000 square meters (about 2.5 acres) for various land uses, including residential, tourism and trade.
Besides adding yet another excellent course to this area, which is known as Latin America's golf capital, the new phase of the resort complex is also further developing the concept of golf course real estate in the area, which combines close access to the game, with the high-quality, exclusive lifestyle associated with its culture.

At the same time, the area where Grand Coral is located is emerging as a sort of focal point for the area's golf culture, with three of the area's top courses (out of a total of 13) located within a 5 minute drive. The entire area, just north of central Playa del Carmen, is consequently developing as a new upscale part of the Riviera Maya. Even for buyers on a lower budget, Playa del Carmen condosfor very accessible prices are available.

At this time Grand Coral Riviera Maya is now considered to be one of the most emblematic of the Riviera Maya. Developed by Grupo Grand Coral Master Developer, it is located only 30 minutes from Cancun International Airport and will retain 75% of its surface total green areas, lakes and areas of ecological conservation.

The governor of the state of Quintana Roo, Felix Gonzalez accompanied by the director of Grupo Grand Coral, Jordy Mercer and prestigious international golfer, Nick Price, attended the grand opening of the golf course, which, in conjunction with the construction of the new phase of the resort, enjoyed an investment was a total of $2 billion U.S. dollars.

The governor highlighted the efforts made by the Spanish investors to develop a very special project for the Riviera Maya including the construction of condominiums and golf courses.

He also pointed out that although many countries lost investments during the world recession, Quintana Roo actually grew; the new Grand Coral development is an example of one of the largest combined tourism and real estate investments brought to the area during this time.
Sources: http://pr-usa.net

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