The Encanto Group investment firm has purchased the luxurious Solarea Beach Resort apartments, the Yacht Club Marina and 24-waterfront acres, in Palmas del Mar, in Humacao, Puerto Rico. The Encanto Group is expected to invest some $200 million in development plans that include a new hotel and oceanfront residences. The Encanto Group aims to develop a world-class beach and yachting destination in Puerto Rico.
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