The Destination
A ~30,000-acre gated resort community at the centre of the Caribbean's fastest-growing luxury market.
Overview
Cap Cana sits on the easternmost tip of the Dominican Republic, minutes from Punta Cana International Airport (PUJ) — one of the most-connected airports in the Caribbean, with nonstop service from dozens of North American and European cities. Inside the gates: two Jack Nicklaus Signature golf courses, a deep-water marina, branded resorts and residences, and some of the region's best beaches.
After twenty years of development, Cap Cana has matured into an established address — and, according to its official sales team, more than 90% of all community property has now been sold.

A Decade of Tourism Growth
Sources: DR Ministry of Tourism / Central Bank arrivals data. Figures rounded.
The Build-Out

Marriott's flagship luxury resort and branded residences opened in 2026 — ~200 ocean-view rooms, 70 residences and a roster of dining venues.

A water park and crystal lagoon inside Cap Cana — slides, a wave pool and an artificial beach for residents and guests.

One of the Caribbean's premier marinas — yacht charters, deep-sea fishing, waterfront dining and a growing residential quarter.
Development & Investment
Cap Cana is in the middle of one of the largest privately driven development expansions in the Caribbean. Per development information presented by Cap Cana, the destination had roughly 9,780 operating hotel and residential rooms/keys as of June 2026, with a further 9,363 already under construction.
By 2030 it projects about 24,907 operational rooms and keys — roughly 2.5× today’s operating inventory — including some 1,600 new hotel rooms and 13,000 new residential rooms/keys. That build-out is backed by heavy institutional and private capital: about US$4.8B invested by December 2025, rising to a projected US$7.5B by 2030.
For a limited-supply homesite on Punta Espada, an investment base of this scale should keep pulling demand toward luxury villas, finished residences and well-located development parcels.

The Pipeline, In Numbers
| Category | Rooms / Keys | Villas | Condo developments* | Hotels |
|---|---|---|---|---|
| In operation — June 2026 | 9,780 | 371 | 33 | 10 |
| Under construction — June 2026 | 9,363 | 184 | 61 | 1 |
| Projected operational by 2030 | 24,907 | 419 | 154 | 14 |
| Investment (current value) | Total | Third-party developers | Cap Cana direct |
|---|---|---|---|
| Operating — Dec 2025 | US$4.8B | US$3.2B | US$1.6B |
| Operating + under construction, committed — Dec 2025 | US$6.0B | US$4.3B | US$1.7B |
| Projected by 2030 | US$7.5B | US$5.7B | US$1.8B |
Source: Cap Cana development presentation. Figures include operating, under-construction and projected developments; future figures are projections and subject to change. *“Condo developments” refers to condominium projects, not individual units.
Global Context
Only a handful of destinations on earth are expanding at this scale — and most of the peer group is either sovereign-funded or an entire nation. Cap Cana’s build-out is privately driven, inside one gated community.
Sources: Cap Cana development presentation; JAMPRO via press reports (Jamaica); Red Sea Global / press reports (Saudi Arabia); Caribbean Hotel & Tourism Association Construction & Investment Benchmarking Report. †Cap Cana figures include hotel and residential rooms/keys; peer pipeline figures are hotel rooms only. Figures are as reported and subject to change.
What This Means For Lot 104
Every one of the roughly 15,000 rooms and keys Cap Cana projects to add by 2030 represents new affluent visitors and residents arriving inside the gates, year after year — each a prospective villa renter, buyer, or future bidder for a finished estate. Regional data already shows demand outpacing new supply across the Dominican Republic’s hotel market.
Meanwhile, the asset class Las Palmas 104 belongs to cannot expand. Estate lots on Punta Espada with a permanently protected 270° panorama are a fixed — and shrinking — supply. More than 90% of Cap Cana’s property is already sold, and the parcel protecting this lot’s view is owned by Cap Cana itself and cannot be built on.
The 9,363 keys under construction today also carry a timing implication: buyers who wait are buying after the St. Regis-era repricing of the destination, not before it. The build-out is funded, underway and visible from the lot.
On Your Doorstep

Jack Nicklaus Signature, par 72 — ranked #1 in the Caribbean & Mexico by GolfWeek, with eight holes on the Caribbean Sea.

Cap Cana's signature white-sand beach — calm turquoise water, palm groves and beach clubs, about 8 minutes away.

A natural adventure park built around the Hoyo Azul cenote — zip lines, caves and jungle trails.
Watch
Punta Espada Golf Club — the #1-ranked course in the Caribbean, at the lot’s doorstep.
The St. Regis Cap Cana — the flagship of the destination’s new growth cycle.
Marina Cap Cana — one of the Caribbean’s premier marinas, minutes from the lot.
Juanillo Beach in 4K — Cap Cana’s signature white-sand beach, about 8 minutes away.
The signature 13th at Punta Espada — a 250-yard par 3 over the Caribbean Sea.
Punta Espada’s famous par-5 2nd — teeing off from the rock ledge above the sea.
El Dorado Water Park — the Caribbean’s largest, inside the Cap Cana gates.
Scape Park & the Hoyo Azul cenote — Cap Cana’s natural adventure park.
Las Palmas 104 puts you at the centre of it all.
See the Investment Case