“But beyond the numbers, our impact extends to the communities in which we operate. We generate direct and indirect jobs, boost the local economy, and contribute to the sustainable development of our country. At Noval, we believe in win-win relationships with our clients, offering a high rate of return on their real estate investments.” Pablo Casero.
SANTO DOMINGO.- Noval Properties celebrated yesterday the official launch of its 20 years in the Dominican market, presenting robust figures that indicate its positioning in the local real estate industry: US$1.5 billion invested in more than three thousand units support the work plans put in place by the developer.
César Latrilla, CEO of the brand, commented that the commitment to the Dominican Republic does not stop and that eight projects are planned that will include 6,500 homes, with an approximate cost of US$1.2 billion.
At a luncheon with opinion leaders, Noval executives outlined the company's 20-year journey, highlighting the strength of a team that has successfully managed the business, achieving a 95% market share of the 3,500 units produced.
The executive highlighted the vision of a Dominican family to create a real estate company in 2003 with a vision of tourism sales and investment, starting with 15 villas in the Punta Cana tourist area.
He explained that the new projects will be launched as the Dominican economy allows, noting that the Dominican Republic is a land of opportunity.
Latrilla said he is in love with the country, after acknowledging that his team has been the support without which the company's growth vision would not have been possible.
“We have seen how a small family business was able to transform the real estate world of a country. We have achieved this thanks to the local talent of the people who understood their vision; 90% of the company's talent is local,” explained the CEO of Noval Properties.
20 years with maturity
Pablo Casero, director of the Marketing department, stated that it has been 20 years of learning, challenges and experiences that lead to maturity, offering a value proposition.
“We have left our mark on the sector in the development of real estate projects in the Dominican Republic, ensuring that each property we build becomes part of a satisfying experience in the memory of all those involved.”.
He continued: “Each project represents a commitment to excellence and innovation in every initiative we undertake. We have invested over $1.5 billion in the construction of diverse real estate projects, positioning ourselves as leaders in the real estate industry in the country and throughout the Caribbean region. More than 3,000 units sold and upcoming projects exceeding $1.2 billion attest to this.”.
“But beyond the numbers, our impact extends to the communities in which we operate. We generate direct and indirect jobs, boost the local economy, and contribute to the sustainable development of our country. At Noval, we believe in a win-win relationship with our clients, offering a high rate of return on their real estate investments,” he stated.
He added that at Noval, “we adapt our projects to the geographical and cultural environment in each location where we operate, turning each particularity into an attribute that strengthens the value of our properties.”.
Casero explained that the Noval family wishes to celebrate 20 years in business, highlighting their commitment to responsible management of all their resources. “Each project we build brings us closer to creating sustainable cities, contributing to the country's sustainable development goals,” Casero stated.
In his speech, he stated that Noval has become one of the main drivers of economic development, tourism, and social welfare in the country. “Twenty years is nothing, but only if we focus on the right vision, planning, and future perspective, with that outlook, many decades await us,” he affirmed.
