Real Madrid President Florentino Perez presented the Real Madrid Resort Island in the Presidential Balcony of the Santiago Bernabeu Stadium on Thursday afternoon, Real website reports.
Real Madrid Resort Island covering 50 hectares will hold a theme park, the first stadium open to the sea, a Real Madrid museum, numerous sports facilities, a sport port, a residential area and luxury hotels.
The construction estimated at $1 billion will be completed by 2015.
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