Crystal Lagoons® signs two projects in Colombia

15/06/2020

Colombia’s leading newspaper, El Tiempo, has reported that the multinational innovation company in charge of developing crystalline lagoons, Crystal Lagoons®, has signed two contracts in the country, and is in advanced stages of negotiation for eight additional contracts.

The firm seeks to complete a total of ten projects, both real estate projects and Public Access Lagoons™, also known as PAL™, in a number of areas of Colombia.

The two recently signed contracts are to develop projects in the proximity of Cartagena de Indias. In addition, there are a further eight projects currently under evaluation by renowned investment funds and local real estate firms.

The projects would be developed on the outskirts of Bogotá and in cities such as Cali, Medellín, Barranquilla, Cartagena, among others.

The real estate developments offered by the company are mainly in private residential developments. As for hybrids, they incorporate private and public areas, while the PAL can be accessed by anyone via ticketed entry.

What anchors real estate, hybrid and PAL projects is a large lagoon powered by Crystal Lagoons pioneering technology, suitable for both swimming and water sports, and their surrounding white sand beaches.

“Colombia is a market with great potential for Crystal Lagoons due to its climate, its population, among other factors. These projects will change the lives of millions of Colombians by bringing a piece of the ocean just steps away from their homes,” explains Felipe Baldwin, Global Business Director at Crystal Lagoons.

Similarly, he added, these projects quickly generate profits. “Colombian investors have recognized that these developments are a new long-term investment alternative, with return rates of over 50%, making them of low investment and limited risk,” concludes Baldwin.

The multinational already has a portfolio of 87 projects throughout the Americas and is in advanced negotiations in South Africa, Australia, the Middle East and various countries across Europe.

El Tiempo

Crystal Lagoons boosts the success of Lagoon Pilar

19-04-2024

Lagoon Pilar, strategically located in Buenos Aires, the fastest growing area of the Pilar area, is one of Crystal Lagoons’ most successful projects in Argentina. Powered by Crystal Lagoons and Grupo Monarca, this development stands out for being anchored by an 8,6-acre crystalline lagoon, the heart of the project. More than just a distinctive visual element, this lagoon has been instrumental in boosting the project’s added value and significantly accelerating the sale speed of the marketed properties.

Crystal Lagoons® technology has proven to be a key differentiator for Lagoon Pilar, as confirmed by Luis Signoris, the project’s developer. “Crystal Lagoons generates a significant increase in the square meter value, surpassing the standard of other projects in the area.” The executive emphasizes that this amenity offers residents a unique lifestyle and impacts those who visit Lagoon Pilar,. “We aimed to have that exact impact when we decided to incorporate a crystalline lagoon into the project.”

The artificial lagoon is surrounded by 800 premium residential units and a complete infrastructure, including a clubhouse, restaurants, spa, and sports areas, among other services. Additionally, it features three white sand beaches, allowing residents to enjoy the lagoon all day long and engage in various water activities such as Stand Up Paddle, kayaking, windsurfing, and swimming.

“In Argentina, beyond the different economic situations, the success of Crystal Lagoons does not stop. Projects incorporating lagoons generate exponential added value in the real estate sector. The projection is even more positive because an increase in foreign investment is expected in the coming months, which will further boost the real estate market”, explains Francisco Matte, Crystal Lagoons’ regional director for Latin America.

World’s Largest Crystal Lagoon in the middle of the desert, Captures International Attention

17-04-2024

The press continues highlighting the world’s largest crystalline lagoon with Crystal Lagoons® technology at Citystars Sharm El Sheikh, Egypt. This stunning amenity in the middle of the Sinai desert, spanning 28.8 acres of turquoise waters, has been the subject of numerous reports highlighting its unique features.

Since 2015, this mega-project has held Crystal Lagoons’ second Guinness World Record as the largest crystalline body of water globally, surpassing its record from 2007 when the iconic San Alfonso del Mar crystalline lagoon was certified as the world’s largest.

Citystars Sharm El Sheikh results from an association between the Crystal Lagoons and the Sharbatly family, one of the oldest and most prominent in the Middle East and Africa. Crystal Lagoons® technology has added real estate value to the development by transforming undeveloped desert lands into a paradisiacal setting.

The monumental crystalline lagoon at Citystars Sharm El Sheikh, in the Sinai, is supplied without use with saline water from desert wells, creating tropical seas amid an arid environment.

Crystal Lagoons® technology has achieved what was previously thought technically impossible: the construction of artificial lagoons of unlimited sizes anywhere in the world, even in the heart of the desert. Today, this innovation allows for the idyllic beach experience to be brought to unexpected locations, gaining worldwide recognition for its transformative impact.

Once again, the prestigious international entertainment, travel, and tourism guide Time Out has turned its attention to the Crystal Lagoons Treasure Bay project on the idyllic island of Bintan, Indonesia. Its recent edition of recommendations on what to see, do, and experience highlighted this project as essential to include in travelers’ itineraries and a must-visit in the region due to its unique features, as the largest crystalline lagoon in Southeast Asia with sustainable Crystal Lagoons® technology spanning 15.5 acres, equivalent to 50 Olympic-size swimming pools, surrounded by 1,400 meters of white sandy beaches.

Time Out recommended this project developed under the Public Access Lagoons™ model, also known as PAL™ developments, emphasizing the variety of aquatic experiences that can be enjoyed across its 222 acres, allowing visitors to indulge in beach life year-round with options for dining, spa, shopping, entertainment, and nightlife. Within the artificial lagoon, an oasis of turquoise waters, visitors can partake in water sports such as bungee jumping, cable water skiing, boating, slides, paddleboarding, kayaking, and wakeboarding.

With its monumental body of water, Treasure Bay has established itself as a unique experience on the paradise island of Bintan, Indonesia. Bintan, known for its nearly 3,000 islands, strategically faces Singapore and Johor Bahru, Malaysia. It offers many tourist attractions, including world-class golf courses, hiking, elephant parks, eco-farms, luxury spas, and beach activities.

This PAL™ development is surrounded by 1,400 meters of white sandy beaches, with a length of 800 meters and reaching a maximum depth of 2.5 meters. It offers various water recreation experiences, including bungee jumping, cable water skiing, boat rides, water slides, paddle boarding, kayaking, and wakeboarding. The artificial lagoon allows visitors to enjoy beach life year-round with dining options, spas, shops, entertainment, and nightlife.PAL™ projects, which anyone can access for an entrance fee, transform any site into a year-round entertainment hub with more than 125 activities that can take place in the lagoon itself or its surroundings.