SANTO DOMINGO. – Together with allies from associations, businesses, trade unions, opinion leaders, government institutions and sectors linked to the brand, Noval Properties began the celebration of its 20 years of history in the country.
The company, which designs, manages and promotes investments in real estate development projects in the main tourist destinations of the Dominican Republic, presented its main achievements of two decades,
It also projected growth expectations and new investment opportunities in the immediate future, consolidating itself as the most innovative promoter in the region in the tourism, hotel, commercial and residential solutions sector.
“At Noval, we believe that the best way to attract local and international investors is to offer long-term experiences. Each of our units is designed according to the specific needs of investors, and the process is streamlined and easy, ensuring that acquiring the property is more than just a transaction; it's the starting point for larger projects,” said César Latrilla, CEO of Noval.
Some of the guests at the cocktail party. (External source).
For his part, Pablo Casero, the company's marketing director, highlighted the values that distinguish Noval: "We focus on alliances with all sectors and are attentive to ensuring that every investment starts from building shared value.".
Since its inception in 2003, Noval has become a significant player in the Dominican economy. In the last five years alone, the company has invested over US$1.5 billion and has plans to build 6,500 housing units for an investment exceeding US$1.2 billion.
During the celebration, Latrilla highlighted that among Noval's most recent launches are the first luxury condo-hotel in Santo Domingo, Jardines de Bellas Artes; and in Cap Cana, an intimate and luxurious residential development called Juanillo Hills. With projects like these and those it has developed in the country's tourist areas, Noval guarantees a return of up to 6 percent annually for its investors.
Regarding their commitment to sustainability, César Latrilla noted that over the past two decades they have invested in becoming increasingly responsible towards the environment: “In November 2022, we obtained the Green & Safe Environmental Certification, at the Bronze level. This certification, awarded by Ecoservices Dominicana, highlights the proper implementation of the Solid Waste Management System that our company applies to mitigate the environmental footprint resulting from the management of our operations,” he added.
The celebration concluded with a cocktail party where attendees toasted to investment opportunities, while strengthening ties and forging new relationships.
Cover photo: Pablo Casero, Iris Espinal, Sariela Rodríguez, César Latrilla, Lorena Sevilla, Yahaira Batista and Carlos Jiménez. (External source).
