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Diana Lynch is making history with the first black-owned golf resort in the Dominican Republic
Renowned lawyer Diana Lynch made history as the owner of the first black-owned golf resort in the Dominican Republic.
As the founding father of the award-winning Lynch Law Group in Atlanta, Lynch has established herself as an elite litigator representing the better of the best in sports and entertainment. Now the retired attorney is expanding her skilled portfolio to create a number one Black-owned golf resort and spa in Samaná Bay, DR.
Alma de Samaná Golf & Residences, an ambitious $582 million project, is expected to be accomplished in 15 to twenty years, although some sections of the resort will remain open. The project will cover 2,000 acres and shall be a combination of business and residential properties, showcasing over 1,400 exclusive villas and apartment buildings along the northern coast of the Dominican Republic, known for its uninhabited white beaches and mountainous landscape.
The historic golf resort is “designed to empower, inspire and aspire to unite the world and recognize what it is like to be human again – in a place rich in heritage and untapped beauty, where humanity is the goal” – Lynch he said
Amenities will include an 18-hole golf course, a beach with direct access, skilled sports training facilities, a rehabilitation center and a medical campus. The first phase of development of the AKEN Soul Experience at Las Terrenas Residences is underway in partnership with Miami-based hospitality brand AMEK Group. Developers are set to unveil 42 eco-luxury residences across seven buildings after starting work on the project last August, which is expected to debut later this 12 months.
Luxury condo owners are expected to spend not less than $459,000, making the investment a straightforward return on investment for project financiers. There shall be five property types to select from, including 2-3 bedroom garden villas and treetop villas with unspoilt views of the Atlantic Ocean.
“I think our market is generally people who are looking for a long-term solution,” Lynch said. “Historically, real estate has been a secure selection, especially in one of these market where the stock market can go up and down. So for investors who really need to earn cash with this, where they’ll put their money and still get a return, this is it.
This is a symbolic nod to the history of the Dominican Republic, as the property is positioned on former land inhabited by African slaves. With Lynch being the first Black owner of a luxury golf resort and spa in the country, Alma de Samaná’s development underscores the increasing purchasing power of Black people around the world.