Global Edition

Montgomerie link is a boost for sales

8.50am 13th April 2006 - Course Development

Design work starts soon on the first of three signature 18-hole golf courses planned for a luxurious new golf, marina and spa resort in the Punta Cana region of the Dominican Republic in the Caribbean. Due to be completed in mid-2008, it will be designed in association with Colin Montgomerie.
The news follows the signing of an agreement between the developers of the 1,100 hectare (2,718 acre) Punta Perla resort, Paraiso Tropical, Colin Montgomerie and European Golf Design which will create the golf course.
Berkshire-based European Golf Design, which was established in 1992 as a joint venture between the European Tour and IMG to provide a golf course design service, has produced successful resort, members’ and tournament courses around the world. In the Caribbean they include Black Bess and Sugar Hill in Barbados, Tryall in Jamaica and Kittitian Heights in St Kitts.
“The announcement of a Colin Montgomerie golf course at Punta Perla will give a further boost to off-plan property sales in the resort,” says Mark Lynn of St Neots, Cambridgeshire-based Punta Perla Sales Ltd which is offering around 8,000 homes. In addition to golf villas, they include village townhouses, beach apartments and multi-million dollar luxury mansions.
In a bid to attract investors, properties currently are being sold at pre-launch prices from US$392,000 for a two-bedroom apartment on a signature golf course.
Punta Perla Sales Ltd www.puntaperlasales.com
European Golf Design www.egd.com

In related news...

GolfBusinessNews.com (GBN) is for the many thousands of people who work in the golf business all around the world.

We cover the full range of topics both on and off the course. We aim to supply essential information both quickly and accurately in a format which is easy to use. We are independent of all special interest groups.

Subscribe

Click here to sign up for our free twice weekly golf industry news summary

View the latest newsletter here