Developer Background
Developer Background
Personal Message from the Developer
The first thing that registered in my mind about Uruguay was everything works. How could this be Latin America? Where was the poverty in the streets? There were laws, and people actually followed them? The police could not be bribed? I realized it was not Latin America as I knew it. There were theatres everywhere, art, bookstores on every corner, sidewalk cafes, culture. The way the Spanish was pronounced and the last names, Lorenzo, Musso, and Galione sounded Italian. It seemed so European.
This tremendous atmosphere, coupled with the clear investment potential of the area prompted me to create the fantastic concepts of Sugar Loaf Ocean Club & Spa.
Zaltry SA
The land on which Sugar Loaf Ocean Club & Spa is being built was purchased by the developer, Zaltry SA in April 07.
Zaltry SA is represented by David James, who has extensive experience in property development in South America.
In addition to Sugar Loaf, the developer has a development in Nicaragua called Apanas Lakes Estates and was previously involved with the highly successful Playa Santa Rosa development, also in Nicaragua.
Zaltry S.A is backed by a consortium of wealthy American Investors.
Hughes-Presno
The architects behind the development are Hughes-Presno, a top Uruguayan firm with more than 30 years of experience in Uruguay.
