Iberostate Bavaro Begins Second Phase of Villa and Condo Sales

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(Punta Cana, Dominican Republic) -- Iberostate, the real estate division of Spain-based Grupo Iberostar, a leading hospitality brand, has launched the second phase of Iberostate Bávaro, the company's first real estate development in Dominican Republic's Punta Cana region.

The first phase of the project, completed in December 2011, unveiled the completion of 64 apartments and eight villas within the compound, which already boasts one of the Caribbean's most exclusive Golf Club and course. Phase two of the project will deliver 90 additional unites and the completion of an exclusive private Beach Club.

The luxury residential community offers 5-star services ideal for second-home buyers, locals and those seeking a Caribbean lifestyle where luxury is easily accessible.

Upon its completion, the compound's elegantly designed homes will offer tenants the total lifestyle experience complete with private swimming pools, tennis courts, a fitness center, children's area and a shopping center with dining establishments. As an added value, Iberostate Bávaro tenants will enjoy exclusive perks such as Golf Club Memberships, access to the complex's private Beach Club and discounts on day passes to use Iberostar Hotels & Resorts facilities.

Additionally, once a homebuyer becomes part of the Iberostate Bávaro community, they will be further privileged with private on site concierge and community services.

Conveniently situated in the exclusive community of Punta Cana at the most eastern point within the destination, Iberostate Bávaro is just a 20-minute drive from the Punta Cana International Airport. Outdoor amenities will include use of a luxurious infinity-edge swimming pools, full service spa, tennis courts, beach club and private beach. Home to white haute beaches and tropical rainforests, Iberostate Bávaro will offer global luxury clientele everything they may desire.

Iberostate Golf, Villas & Condos, committed to development and economic growth, has many real estate projects underway in different areas including Praia do Forte in Brazil, Playa Paradiso in Mexico and Playa Bávaro in the Dominican Republic.

Residences are priced from USD $150,000 to USD $430,000.