The $500 Million Project to Build Barcelona in the Caribbean

It’s a project of incredible scope and ambition…

Build a lavish commercial and residential district—inspired by Barcelona’s most famous street—on one of the most breathtaking beaches in the Caribbean.

This beach…

An aerial view of Juanillo beach in Cap Cana, a vast master-planned community in the Dominican Republic. This stunning stretch of coast is the site of a $500 million project inspired by the renowned Las Ramblas street in Barcelona.

The plans for this project, called Juanillo Village, are incredible…

This area will have boutique hotels, luxury residences, a Wyndham brand convention center, and beach clubs. At its heart will be a commercial street leading to the beach with art galleries, stores, restaurants, gym, café, and spa…

At the beachfront, a long promenade is set to be created.

This will extend from the nearby all-inclusive Sanctuary Cap Cana resort—opened by Marriott here in 2022—and feature first-class restaurants and recreational areas that offer breathtaking Caribbean views.

A key design inspiration for this project is Las Ramblas, an iconic tree-lined street in the heart of Barcelona, Spain. Stretching for just under a mile in the center of the Spanish city, Las Ramblas is renowned for its stunning architecture and eclectic stores, cafés, and restaurants. It attracts millions of tourists each year.

With Juanillo Village, the designers intend to capture the lush vibrancy of this bustling Spanish street. And little expense is being spared to realize this vision.

Juanillo Village is set to cost more than half a billion dollars. (That’s more than double the amount that Marriott are spending on their vast new St. Regis resort in Cap Cana.)

And given the cost of land there, I’d expect condos in Juanillo Village to list at prices starting from $600,000 to $700,000.

This is truly an ultra-luxe seaside village.

Yet, tomorrow I and members of my Real Estate Trend Alert group will buy luxury condos right beside this slice of Barcelona in the Caribbean. That means Juanillo Village and all its shopping, art, and dining will be our “front yard” and main route to the beach.

Except our prices will be far, far less than the cost of condos in Juanillo Village.

In fact, with the luxury condos we can own at RETA-only pricing, I expect we’ll be sitting on gains of $275,000 five years after delivery. And that’s being conservative…

Planners have told my team that Las Ramblas, Barcelona, pictured, serves as inspiration for the main drag of Juanillo Village, which will be right across from the RETA-only deal in Cap Cana that opens tomorrow, Wednesday, Sept. 18 at 1 p.m. ET.

The Juanillo Village project is important to understand because it demonstrates the scale of what’s happening across Cap Cana.

Located in the easternmost Dominican Republic, Cap Cana is 30,000 acres of meticulously planned luxury. To put that in context, it’s over twice the size of Manhattan and bigger than a lot of Caribbean islands!

I’ve been to Cap Cana on multiple trips, most of my team have checked it out in person, too. Billions of dollars have already been spent on infrastructure and facilities here.

You’ve got the largest inland marina in the Caribbean, capable of hosting the mega-yachts of the super-rich. You’ve got the Caribbean’s largest water park and an amphitheater inaugurated by Elton John already hosting international events.

The first of two world-class golf courses has been open for years now and is consistently ranked as the best in the Caribbean. The second is coming soon…

At my last count eight of the highest-end luxury resorts you can imagine were in Cap Cana. The St. Regis is the latest, set to open in 2025.

The St. Regis is under construction and due to open in 2025. This is just one of the mega-projects under development in Cap Cana. Learn more in my full Cap Cana briefing here.

Apart from the dream beaches and incredible resorts, Cap Cana also hosts all sorts of practical services like a vet, doctor, dentist, beauty salons, convenience stores…

There’s a church, a fast-growing school, and a university with over 25 nationalities enrolled.

You’ve got some of the best dining in the Caribbean on the doorstep…hiking, lakes, biking, basketball, snorkeling, diving, padel, and some of the world’s best sports-fishing minutes away from the state-of-the-art marina.

You’ll drive, cycle, e-bike, or take your golf cart on over 62 miles of paved roads. Your high-speed internet comes over a similar amount of fiber-optic cable… Oh, and I love that the miles of electrical infrastructure has been put underground, so no unsightly cables.

Cap Cana is already a semi-autonomous city state for the affluent, a place you can live a Caribbean life year round without ever leaving. And much more is planned…

Cap Cana is unique, a semi-autonomous city state of meticulously planned luxury…more than twice the size of Manhattan and bigger than many Caribbean islands. Already billions have been spent on infrastructure and facilities. Get all the details in my briefing.

Juanillo Village is a highlight of the near future for Cap Cana. It’s intended as the beating heart of this vast luxury city in the making.

This will be Cap Cana’s city center.

As I say, looking at land prices in Juanillo Village it looks like a typical two-bed condo will cost around $600,000…or more. And to be clear, at that price, Juanillo Village will be a great deal for Caribbean luxury. Take just a quick look around the Caribbean…

  • Albany is a 600-acre luxury community in the Bahamas that like Cap Cana has a mega-yacht marina, an 18-hole championship golf course, an equestrian center, a school…real estate here is in the millions of dollars. A three-bed condo is currently listing for $6.5 million and a membership of the Albany costs $300,000 for the year.
  • In Turks and Caicos, Turtle Cove is a master-planned community on Providenciales, the most developed island in the archipelago. A condo close to the beach might cost between $1.5 million and $3 million.
  • Another of the Dominican Republic’s lavish havens of luxury is Casa de Campo. This is the oldest established luxury community in the Caribbean. Spanning over 7,000 acres, it offers three championship golf courses (designed by Pete Dye), a 370-slip marina, private beaches, an equestrian center with polo fields. To own a condo with amenities on a par with those we’ll have in our Cap Cana deal, close to the beach, you’ll need to start with at least $1 million I would say…and be prepared to spend more.

Spare a thought too for Florida’s most prestigious golf and beach communities—places like the Jupiter Club or Naples Bay, you’re talking millions of dollars. And the holding costs do not bear thinking about… My team saw one listing for example, a two-bed condo in Jupiter for $1.13 million with HOA’s alone costing over $20,000 a year.

So like I say…

For $600,000 or $700,000 a condo in Juanillo Village a stroll to the beach, in the heart of Cap Cana, is a pretty good deal!

Which makes the RETA deal right next door just crazy at our exclusive, off-market price, from just $382,400 for a luxurious two-bed condo…

A view of our condos from the golf course…although developer’s renders shouldn’t be considered final, they give an excellent idea of the iconic and artful design and amenities I and RETA members are going to get. Check out my full briefing to learn more.

This is what we do at RETA…

Thanks to the boots-on-the-ground scouting, our global network of contacts, and the huge collective-buying power of our group, I can identify best-in-class communities and negotiate off-market deals with developers for RETA members.

Deals with exclusive, crazy-low pricing. Deals that no one else sees. To give a few examples…

  • Uplift of $388,844 in Los Cabos—The first RETA deal in Cabo was in 2015 in the 5-star Quivira resort. The RETA-only price on a two-bed, two-bath ocean-view condo in the best-in-class Copala community was $336,156. I bought alongside RETA members. An identical condo to mine two floors above listed in 2022 for $725,000. That’s $388,844 more than the RETA-only price.
  • $309,018 More in Playa del Carmen—In 2021, RETA members had the chance to buy two-bed condos from $265,304 in a community called Singular Dream in the beach city of Playa del Carmen, along Mexico’s Caribbean coast. In early 2024, a two-bed condo in Singular Dream was listing for $574,322. That’s $309,018 more.
  • A Gain of €223,000 in Spain: RETA members had an opportunity to own in a community called Casares Costa in Spain’s Costa del Sol in 2020. A condo a RETA member bought here for €327,000 was sold in late 2023 for €550,000—an incredible gain of €223,000.

Now we’re about to do the same in Cap Cana…

We’re going to own in the stunning luxury community of Crystal Garden with its out-of-this-world amenities including a planned ocean-view rooftop infinity pool…a spa…gym…

We’ll have the benefit of Juanillo Village, the shopping, dining, services…

And we’ll be a short stroll from a breathtaking white-sand beach, among the most beautiful I’ve seen in two decades as a real estate scout.

You can see why I expect gains of $275,000 just five years after delivery. And why I expect a gross yield of 12% renting short term to the millions of people flocking to the Dominican Republic.

Called Crystal Garden, the stunning luxury community where I and RETA members are about to buy luxury condos for insane, off-market pricing, is only a few minutes from Juanillo beach. And we will just stroll or golf cart through Juanillo Village to get there. Details here.

My contacts tell me word has gotten out about our deal…

Brokers and wannabe buyers in the region are in a frenzy apparently, as the news has hit the grapevine—an off-market deal is going down in Cap Cana, and they’re not on the guest list.

The disbelief is palpable. “How could this happen?”

Texts are flying. Rumors circulating. Indignant calls are being made.

Whispers are circulating that the price for a luxurious two-bed condo in this off-market deal is from just $382,400!

They can’t believe it. But of course, the rumors are true.

The deal is happening…and it’s RETA only.

It opens tomorrow—Wednesday, September 18, at 1 p.m. ET. If you want to act alongside me, you need to be ready…

Click here now to read my full report.

Ronan

Ronan McMahon, Founder, Overseas Dream Home & Real Estate Trend Alert

P.S. Bank finance is available in the Dominican Republic for non-resident foreign buyers. The term can be up to 20 years, loan-to-value is typically 60% to 70%.

Your Daily Dream Home

Slomer, Pavlikeni, Bulgaria

$77,900

This charming two-bedroom house consists of a 1,400 square foot house on a 21,500 square foot plot.

The first floor includes an entrance hall, kitchen, dining room, living room with yard access, and a wet room with toilet. The second floor comprises two bedrooms, a large bathroom with toilet, two terraces, and a spacious corridor.

Renovations include PVC windows, wooden doors, and terracotta and wooden floors. The house comes partially furnished with two air conditioners and a wood-burning fireplace.

Also included is an adjacent 17,000 square foot plot with a demolished old house and an outbuilding.

Slomer is a small village in north-central Bulgaria, set amongst gentle rolling hills with a mix of agricultural fields, meadows, and patches of forest. The village sits in the valley of the “Cold River,” which contributes to its pleasant microclimate.

The region is known for its rich soil, “black earth,” which is highly fertile and excellent for agriculture.

Sign up to Overseas Dream Home now, and Discover The Best Places in the World to Buy Real Estate 2024.

Enter your email address in the box below and click “Sign me up now” to claim your FREE report.

No-spam pledge: We value your privacy. You can unsubscribe at any time.

Overseas Dream Home ....on Social Media

Subscribe on Youtube

Follow us on Instagram

Transparency is important to us, so you should know that properties and development projects detailed here may be clients of Pangaea Limited, a real estate advertising company managed by Ronan McMahon and Margaret Summerfield. Should you purchase one of the properties, Pangaea may receive a fee from the property owners, real estate developers and/or real estate agents. International Living Publishing Limited along with certain marketing companies who work with Pangaea may receive a portion of that fee.

Nothing in this website, and no communication by our staff, should be considered personalized advice. Although our staff may answer general queries, they are not licensed to address your particular situation.

We always recommend strongly that buyers perform their own complete due diligence and use a qualified legal professional to help with any real estate transaction.

© 2024, International Living Publishing Limited

Privacy Policy

Cookie Policy

Terms & Conditions