The Residences at The St. Regis Cap Cana Surpass $40 Million in Sales
CAP CANA, DOMINICAN REPUBLIC – May. 26, 2022 – Campagna Ricart & Associates and Pioneer Investment Funds announce The Residences at The St. Regis Cap Cana has surpassed $40 million in sales in its first month on the market. Located within the exclusive, master-planned community of Cap Cana, just south of Punta Cana, the project is expected to serve as the first St. Regis in the Dominican Republic. Waypoint Resort Real Estate is leading the sales and marketing along with Campagna Ricart’s Sales and Marketing Division.
“We have already seen an incredible momentum of buyers in just our first month on the market with sales success exceeding our expectations,” said Dino Campagna, President of Campagna Ricart and Associates. “This not only speaks to the strength of the real estate market in the Dominican Republic, but also the appeal of the St. Regis brand, which our buyers trust will deliver a five-star experience along with world-class amenities.”
Designed by A.C. Arquitectos & Asociados, and brought to life by Chapi Chapo Design and AG Interiors, The Residences are located on an idyllic 17-acre site featuring access to 800 feet of private beachfront. The full inventory of Residences includes 47 Beachfront Homes, 15 Golf Terrace Residences, six Astor Residences and two breathtaking Penthouses, all overlooking the magnificent hues of blues of the Caribbean Sea. Construction began on the residences in 2021 with a projected opening by the end of 2023.
“The Dominican Republic has not seen a real estate project of this caliber, and our immediate success shows that there is a huge demand for luxury branded residences in the destination,” said Myles Newell, Principal of Waypoint Resort Real Estate, who is handling the sales and marketing for the development along with the developer’s sales and marketing team, led by Sophia Yeara. “With great airlift from many international locations and the return of tourism to pre-pandemic levels in the destination, we expect the real estate market to stay hot in the Dominican Republic and continue to drive high demand to the St. Regis property.”
Buyers will have access to all the bespoke amenities and services of St. Regis along with access to all the amenities of Cap Cana, including the Jack Nicklaus designed Punta Espada Golf Club. Offering spectacular views of the Caribbean and emerald fairways, the course was named by Golf Week as the #1 Best Golf Course in the Caribbean and Mexico. The course is the first of three Jack Nicklaus Signature courses to be developed at Cap Cana.
The destination features the renowned Cap Cana Marina, which offers over 130 slips and can accommodate yachts of up to 150 feet with complete services. Other attractions within Cap Cana include Los Establos equestrian center, and Scape Park, along with amazing world-class fishing, upscale dining, and picturesque beaches.