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"I got to know this place a few years ago and I loved it. That's why we invested in it; it's also an island and there's a connection with the place where I live as well, which is the (Spanish Mediterranean) island of Mallorca," Nadal said Friday.
The 26-year-old Spaniard, who arrived in Cozumel Tuesday after winning a tournament in Sao Paulo - his second event after a seven-month hiatus due to a knee injury - confirmed in a press conference that his hotels will be managed by AMResorts, which is headed by Mexico's Alejandro Zozaya.
"It's nice to invest in a place where you really feel good. The possibility of investing here in Cozumel came up. I love nature, I love the sea, this is a natural paradise," the 11-time Grand Slam champion said.
"In addition to the economic investment, it's a nice, emotional investment for my future," Nadal, who will compete in next week's Mexican Open in the Pacific resort of Acapulco, said.
Zozaya said Nadal's Secrets Aura Cozumel hotel was remodeled at a cost of $14 million and will cater to high-end clientele and that the Sunscape Sabor Cozumel, also owned by the tennis star, will be ready in the second half of 2013.