Notas de Prensa de IBEROSTAR Hoteles & Resorts

IBEROSTATE EXPANDS IN MEXICO

IBEROSTATE, Iberostar’s property development group, invests over $ 50 million in Riviera Nayarit in order to increase its presence in México
This new project, named IBEROSTATE Litibú, will offer 33 villas, 130 apartments and will result in 300 new jobs
In México, IBEROSTATE is also present in Playa Paraíso with a project build starting in the second semester of 2011 and will create over 300 jobs. With this project, the Iberostar group reaches the $ 400 million investment in México

IBEROSTATE, Grupo Iberostar’s real estate division, has expanded its presence in México through a new development in Riviera Nayarit: IBEROSTATE Litibú. This new residential complex is being marketed from the beginning of 2011 and will finalize all its phases during 2014. This new residential complex will offer a new group of luxury villas and apartments in an exceptional location, surrounded by mountains and the peace and quiet of the Pacific Ocean. IBEROSTATE Litibú will also have direct access to a fantastic golf course designed by the renowned golfer Greg Norman.

IBEROSTATE’s investment in this project will exceed $50 million and will present 33 villas and 130 condos. With this new project, the Iberostar Group will generate 700 new jobs.

This complex will join an already existing IBEROSTATE in México, in the heart of the Riviera Maya, investing over $100 million. IBEROSTATE Playa Paraíso is a short distance from Playa del Carmen and Cancún. The build for this site will start the second trimester of 2011 and the properties will be marketed towards the end of 2012.

The properties will be available as a full sale or as part ownerships. A golf course designed by P.B.Dye will also be available, and this project is believed to generate 300 jobs.

Both IBEROSTATE real estate projects will display a 5 star hotel service program, which will also allow the clients to plan their stay online from home. The services available include, a butler, concierge, SPA Access, tennis / paddle courts, private beach club, restaurant, personal shopping, domestic service and transportation from the airport.

IBEROSTATE Golf Villas & Condos represents Grupo Iberostar’s real estate division and develops luxury residential complexes integrated in golf courses and are located on each of the main vacation resorts. All properties offered by IBEROSTATE are premium, built with first class materials and located at stunning locations. They can either be bought as a whole or as a part ownership.

At present, IBEROSTATE Golf Villas & Condos is marketing 4 residential projects located in exceptional areas at Riviera Maya and Riviera Nayarit (México), Punta Cana (Dominican Republic), Salvador de Bahía (Brazil) and Marrakech.