The firm inaugurated its new office located in the Catalonia hotel.
SANTO DOMINGO.- Noval Properties, a leading real estate development company in the Dominican Republic, celebrated the opening of its new office in Santo Domingo with a major announcement: it plans to invest RD$2 billion in the coming years, aimed at expanding its presence in new strategic destinations in the country.
The investment includes projects in key locations such as Jarabacoa, Juan Dolio, Avenida España and Las Terrenas, as reported by Yahaira Batista and Iris Espinal, commercial directors of Santo Domingo and the northern zone, respectively, during the inauguration last Friday, November 1, of the brand's new office, located in the Catalonia hotel on George Washington Avenue.
Iris Espinal, Yahaira Batista, Lissette Rosario and Andrés Melán. Fidel Pérez/El Inmobiliario.
According to the executives, this ambitious expansion seeks not only to increase business opportunities for the real estate sector, but also to contribute to the modernization of the tourist and residential offering in the country.
A solid and strategic expansion plan
Prudy Fortuna, Gloria Canela and Anderson Parra. Fidel Pérez/El Inmobiliario.
“Working with a construction company that has been in business for over 20 years allows us to offer a long-term vision. Noval knows exactly what it is going to launch, where and when, and this investment is proof of our commitment to excellence,” said Iris Espinal.
Noval has designed its expansion plan focusing on areas of high natural and tourist value, adapting to market demand and anticipating development trends. The RD$2 billion investment not only includes the construction of beachfront residential complexes, but also the addition of unique tourist spaces and residential options in ecological settings, ideal for those seeking a high quality of life in natural environments, Batista explained.
New high-demand destinations
Bismark Alcántara, Jacinto Hernández and César González Milanés. Fidel Pérez/El Inmobiliario.
One of the destinations for this investment is Las Terrenas, a trendy location in the country and one of the most sought-after areas in recent years by both domestic and foreign investors. “Our happy place, as we say internally, is Las Terrenas. We are returning there with all the necessary permits and legal requirements in order, ensuring that each project is built with the highest quality and respect for the environment,” stated the Noval management team.
New opportunities for real estate partners
Noval will also expand to the destinations of Jarabacoa and Juan Dolio. The company emphasizes that each of its new developments will feature modern and attractive infrastructure, with living and recreation options that include high-end hotel services, amenities, and luxurious spaces.
Commitment to excellence and the Dominican real estate sector
Welcome Paulino, Belkis Cuello and Eros Caamaño. Fidel Pérez/El Inmobiliario.
The expansion of Noval Properties represents a significant leap forward not only for the company but also for the real estate sector in the Dominican Republic. “This investment is designed to generate growth and business opportunities, strengthening the position of our advisors and partners in the market,” emphasized Yahaira Batista.
He said that with this new investment, Noval Properties reaffirms its role as a key driver of real estate development in the country, guaranteeing innovative investment options and projects that raise the quality of life in each destination.
New office
Located on the seventh floor of the Catalonia Hotel, the new space boasts unobstructed ocean views. "This space, designed for our clients, partners, and allies, features more than four meeting rooms, each with a breathtaking view that provides an inspiring work environment," said Yahaira Batista.
Representatives from various real estate agencies attended the opening ceremony.
