Gran Coral is an ambiitious development that will have hotels, condos, and a golf course, all in a low density environment

Depite the economic crisis, foreign investment continues unabated, and proof of this is the continuous growth of the Mayan Riviera, where this past weekend had the inauguration of the master plan for the Gran Coral complex, which will cover 560 acres and will offer an ocean view and green areas in 75 percent of the complex, including the 18 hole golf course designed by Nick Price.

Grand Coral is the property of a Spanish development company formed by top investors Bancaja and Banco de Valencia, considered to be among the top 5 Spanish investing groups, something that gives stability and reliability to the project, in addition to offering better financing options.

The projected residence complex is conceptualized as 49 large lots with 10 thousand square meters of residential, tourist and commercial areas, 6 thousand 900 residences, as well as hotels and a boutique hotel. It's location, 30 minutes away from the Cancun International Airport makes it accessible and withdrawn at the same time.

The golf course is being built around the focus of environmental awareness, with a design set to incorporate native flor and a rain-capturing system to minimize water spending.

The Mareazul conplex, also part of the project, is made up of 300 condominium houses with 2 or 3 bedrooms, all with a ocean view and built in rock as traditional Mexican houses.

By Johanna Gallardo