This ‘star’ project will integrate 20,000 apartments and villas, six hotels,
a commercial area, medical centers, university, offices and business centers.
The Murcian company Clerhp has presented a new business plan that includes the forecast of reaching a turnover of 303 million euros in 2026, which means multiplying by 17 the 18 million that it will earn this year, as reported by the Murcian company to BME Growth. , market in which it is listed.
Behind this growth is the development of its ‘star’ project, the Larimar City & Resort tourist complex in Punta Cana, Dominican Republic, which will include 20,000 apartments and villas, six hotels, a shopping area, medical centers, university, offices and entertainment centers. business.
It will also have sports equipment and green areas, almost three kilometers of ‘promenade’ with restaurants, beaches, swimming pools, beach clubs and an 18-hole golf course, among other features. The forecast for the total execution of the city is 12 years.
In the publication of the advance results for June 2023, the company already indicated that the sales progress of this project, which ensures that it has become one of the best investment options on the market, exceeded 50 million euros in October.
The new plan also shows a gross operating result (Ebitda) of 97 million euros in 2026, compared to 5.5 million in 2023, and a result before taxes of 86 million, in contrast to the 3.3 million in 2023.
“The accumulated experience and the position that the company currently occupies allow it to guarantee an attractive return on investment to its clients and investors, and it does so based on the evolution of the results published year after year, on its ability to maintain activity and comply with its expansion strategy, despite the economic, sectoral and health crises that the social and business fabric has experienced in the last decade,” defends Clerhp in a statement.
Source: Huffington Post
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