Master Developer Grand Coral backed by Spanish Banks Bancaja and Banco de Valencia is soon to deliver its greatly awaited second luxury project Mareazul beachfront luxury condos. After the success of Emerald Tower in Cancun the most luxurious beachfront condos in Cancun, Mareazul will truly show the quality of work and lifestyle Grand Coral Developer is all about.
With a long history of successful real estate experience in the south of spain by Bancaja Habitat a division of Bancaja in Spain, Grand Coral comes to mexico with a long term vision and a bold presence. Riviera Maya was their first step, now Grand Coral recently acquired a large beachfront land near Cabo san lucas twice the size of Grand Coral Riviera Maya for future expansion.
“Our vision for Grand Coral Riviera Maya will be fully developed in the next 8-10 years thanks to the organic growth of Playa Del Carmen, our first 4 years will be aimed at positioning our brand and presence, Mareazul, Nick Price Residences, the 18 hole Golf Course and branded name beach club is among the projects that will be ready and fully operational in the first phase, The following 4 years will be to complete our project and position Grand Coral as a destination” states Tomas Capella Sales manager at Mareazul.
The 18-hole golf course will be designed by Hall of Fame golfer Nick Price, said, “I am very excited with the opportunity to design the golf course for Grand Coral Riviera Maya. The project will have an urban resort feel, something unique to the area.
For several years I had vacationed here enjoying the fishing, good food and wonderful people and I am happy to be back here now to design a course in the vibrant city of Playa del Carmen,” said Price. In what will be a first for Price, the project will feature Nick Price Residences, consisting of 123 residences, located adjacent to the clubhouse with views of the course.
“Grand Coral Riviera Maya will truly be the first of its kind in the region,” states CEO Jordi Mercadé. “This master development presents a great opportunity to developers and investors to be in an impressive gated community with multiple real estate options.” The selection includes a variety of land lots, “there is really an opportunity for developers and investors at every level and we will work with each one individually to meet their needs.”
First phase Mareazul features 300 private deluxe beachfront units designed strategically to give you a sense of peace and complete privacy, amenities of a resort which includes a state of the Art Spa, Health Fitness Center, Gourmet Store, Tennis courts, a long pool with resting areas, palm trees and snack bar. A resort experience for complete peace and relaxation. Owners at Mareazul will benefit from concierge services where you could arrange any activity in the mayan riviera and even request a Chef or private Yoga lessons. Some other features will include the option to turn your residence into a high tech home with touch screen panels for light control or online monitoring. Price ranges from 650k up to 1.5M. Ownership terms include the option to get involved with 30% and in-house financing with rates as low as LIBOR + 3%
Nick Price Residences the second project in GrandCoral which shares all amenities at Grand Coral started pre-sales this January and are now about 45% sold out, this is thanks to the strong incentives and flexible terms the developers are offering to early investors. Pre sale prices range from the mid 300’s up to 550k.
With the success of Emerald and the soon to open Mareazul, investors are now familiar and more comfortable to get involved in a property that has all the essentials in place and features great amenities like Golf, Beach Access, Home Care and Rental programs.
Grand Coral will truly change the spirit of Playa Del Carmen and fulfill the lifestyle of many families.
Author: David Selva - Broker / Owner - Realty Executives Selva & Co
