Executives of Bluewave Group launched its new project Olea at Cap Cana, a luxury apartment complex that strengthens the real estate offer in the East and the development of tourism in the Dominican Republic.
Just steps away from Juanillo Beach and Las Iguanas golf course, Olea will be an exclusive community of 63 apartments on a 6,658 square meter site with breathtaking views with a March 2024 delivery date.
The project includes more than 15 amenities, including a kayak dock, children’s area, club house, wellness area, fitness center, putting green and charging stations for electric cars and golf carts. Olea at Cap Cana was designed so that every member of the family can find recreational and fun activities, including 1 and 2-bedroom units with studio, rooftop terrace, family room, etc.
“Olea represents the most luxurious, avant-garde, modern and complete project we have launched to date. Today we reaffirm our commitment to real estate tourism in Punta Cana, which maintains a sustained boom based on its natural beauty, extensive beaches and continued government support to the sector,” explained Jordan Estevez, president and founder of Bluewave Group.
With this launch, Bluewave Group strengthens its confidence in Punta Cana, specifically in the Cap Cana area, where the developer plans to make significant investments in the first two projects, with plans for additional future investments.
The event also served to celebrate the groundbreaking of the Azzure at Cap Cana project with some of its purchasers. The project is now fully sold and will be delivered in March 2023.
Bluewave Group is a business group with diverse lines of business in the areas of real estate development and construction in the Dominican Republic. Within the construction sector, it is the main producer of aggregate materials in the eastern part of the country and one of the main concrete companies with its brand Dominicana de Concretos (DOCON).
In the real estate sector, the construction company is currently working on Azzure at Cap Cana, Palmas at Vista Cana and Park Place Costa Cana, which total more than 250 residential units and will generate some 750 direct jobs and 1,900 indirect jobs. These projects have been very successful in their pre-sales levels and are currently more than 85% sold.
The firm Strategy Partners is the advisor for the economic structuring of the project, which is a corporate services platform oriented to the development of added value and competitive positioning of corporate clients, including strategic, business and investment banking advisory services.
The inauguration ceremony was attended by a good representation of the real estate business community in the region, current and potential clients, as well as senior executives from the country’s financial sector, together with the main executives of Cap Cana, Bluewave Group and Strategy Partners.