Australian Press Highlights Crystal Lagoons® Socio-Economic Contributions - Crystal Lagoons

Australian Press Highlights Crystal Lagoons® Socio-Economic Contributions

An Australian podcast specializing in finance and investment, Wealthi, highlighted the benefits of Crystal Lagoons® new business model. During a recent interview, Cristóbal Baixas, the multinational’s Director of Corporate Development, described the new concept known as Public Access Lagoons™, also known as PAL™, and why these lagoons have come to be known as the world’s top amenity.

  • What figures validate the value of these crystalline lagoons?

We have seen that the value per square meter and the value of properties at developments anchored by crystalline lagoons increase exponentially.

Meanwhile, the sales velocity of real estate projects increases above 70%.

These amenities increase the density of these projects, and an example is San Alfonso del Mar, a project that originally contemplated 400 units but ended up totaling 1,400. The value of these properties doubled shortly thereafter.

In the case of hotels with a beach, studies have demonstrated that their rates, occupancy and consumption of food and beverages grow by up to 200%, compared to second-row hotels. This indicates that in-lower value land, a hotel that incorporates a beach and PAL elements achieve very attractive returns.

A clear example is that every project with crystalline lagoons in the US, during the sales phase, have classified among the 50 best-selling and awarded in the country.

We have two business models depending on whether they are real estate or public access projects, which are flexible and have allowed us to grow exponentially.

  • What is the present of Crystal Lagoons?

After revolutionizing the real estate sector for 10 years, Crystal Lagoons began a new corporate phase, revolutionizing cities with the Public Access Lagoons, also known as PAL.

These projects are highly valued as they greatly aid the transformation of malls, reconverting retail spaces, reactivating the flow of the public to entertainment parks, taking advantage of vacant land, space found at the center of racetracks, at golf courses or any company that has disused land and wishes to convert it into a more profitable business.

The PAL are monumental crystalline lagoons suitable for swimming and nautical sports, surrounded by white sands, which create beach life a few meters from home and become the most beautiful place in the city.

PAL are ideal locations for events, launches, fairs, food-halls, weddings, concerts, dayclubs, etc. in an idyllic environment and multiple settings, such as beaches, a wedding peninsula, terraces, domes, as well as gastronomy, retail, beach clubs, amphitheaters and recreational and cultural activities, making them the meeting point of the 21st century.

  • How is the PAL business model implemented and what are the benefits?

The model is implemented through master licensing agreements, which involve a relevant number of PAL for specific geographical areas.

  • What PAL projects can you talk of?

The Master PAL model has captivated powerful economic groups worldwide, generating higher sales than Crystal Lagoons has in all its previous history.

Since October 2019, projects have grown exponentially thanks to the PAL master agreement model, which today represents 90% of the firm’s contracts. In fact, since then, we have signed 130 projects.

Among the licensing contracts that the company has signed in recent months are a master agreement for 16 projects in the United States; in Korea, 30 PAL nationwide; in Pakistan there will be 15 projects, and in Central America there will be 18 PAL to be built spotted across eight nations.

As a consequence, PAL licensing contracts have become the business of the future.

  • Why do you say that PAL are the business of the future?

Investors from all over the world have identified these developments as a new long-term investment alternative, with rates of return never seen in other industries, low initial investment and limited risk.

Additionally, they grant certainty in the face of two of the main current apprehensions faced by investors, and that is that PAL have proven to be Amazon and Covid proof.

In addition to the master agreements signed, people’s interest in PAL can be confirmed with the enormous success of the first PAL projects in the US, Epperson and Lago Mar, which sell US $50,000 daily in ticket sales for 1,200 visitors, even though they had to limit access.

From a capital standpoint, as projects are built, they quickly generate profits, enabling pyramid financing. With a low initial investment, a company with a very high present value is achieved.

  • Beyond being a good business, what do PAL contribute?

PAL are highly valued for the transformation of malls, reconverting retail spaces, reactivating foot traffic to entertainment parks, taking advantage of vacant land, spaces at the center of racetracks, golf courses or any company that has unused land or wants convert it to a much more profitable business such as PAL.

For visitors, PAL offer new public spaces of value which improve the quality of life to millions of people, providing social inclusion, recreation and relaxation, especially in landlocked cities, often congested and lacking in inviting public spaces.

These projects are not only the business of the future, they are also the sustainable recreational activity of the future uniting beach life, water sports and entertainment with the additional benefit of being just steps from home.

Additionally, they contribute to reducing the impact on biodiversity of tourist destination such as beaches or forests that, by receiving fewer visitors due to these new entertainment amenities, contribute to reducing the carbon footprint by reducing travel by plane and car to natural areas.

To see and listen to the full program: Wealthi

Noticias Destacadas

Technology and improving the quality of life through innovation are the concepts that Crystal Lagoons and Israel share. In this country, one of the most innovative in the world, the multinational company founded by scientist Fernando Fischmann has entered with a new agreement to develop Public Access Lagoons™, also known as PAL™ projects, real estate, and mixed-use complexes.

The WOOOW! Entertainment projects, developed with the international real estate holding ECIPSA Group, will be located in different cities throughout the country. The developments will give Israeli city-dwellers access to an idyllic beach life all year round, irrespective of their particular climate, and will include a large crystalline lagoon suitable for swimming and water sports, with white sandy beaches. Also, they could include hotels, residential areas, gastronomic poles, retail, and beach clubs, among others.

Israel and Crystal Lagoons also share a commitment to sustainability and water protection, and the technology of the multinational has won several international awards for its sustainability. A vital feature of these lagoons is that they can use any type of water, including seawater and brackish water from arid areas, with no alternative use. This combination of factors paved the way for the debut of Crystal Lagoons in Israel, a country that has pioneered water protection.

The centerpiece of the PAL™ real estate and mixed-use projects will be a lagoon powered by Crystal Lagoons® technology, and, in the case of those with public access, any person will be able to access through the entrance fee.

“The fact that one of the world’s leading countries in innovation and water sustainability is welcoming Crystal Lagoons is a tremendous endorsement of our technology,” said Francisco Matte, regional director for Crystal Lagoons.

The company’s sustainable technology has been crucial to its success in developed countries. The lagoons only need filling once, operate with a closed-circuit system, can use any type of water (sea, brackish and fresh), and use 40% less water than a green area. Additionally, they use up to 100 times fewer chemicals than a swimming pool and only 2% of the energy of a conventional filtration system, certified by Bureau Veritas.

PAL™ developments have caught the attention of significant market players worldwide, with high-profile contracts signed in: the United States, Japan, Saudi Arabia, India, Korea, Palestine, Pakistan, Europe, and Colombia, among others.

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Crystal Lagoons is making steady progress in Paraguay, a strategic market in Latin America where it has consolidated its success with projects in regions with great development potential and where the crystalline lagoons are the preferred amenity. Recently inaugurated crystalline lagoon in the Costa del Lago project, bringing beach life to Hernandarias, located a few minutes from Ciudad del Este.

Costa del Lago is Crystal Lagoons‘ fourth project in association with Raíces Real Estate, in addition to the Aqua Village (San Bernardino) and Blue Lagoon (Pedro Juan Caballero) developments, and a fourth complex, Aqua Terra (Luque), which will open its doors in the coming months.

Costa del Lago stands out for its sheer size, which expands over 740 acres, and its huge 8,6 -acre turquoise crystalline lagoon developed with Crystal Lagoons® sustainable technology. “The amenity invites you to connect with nature and create moments of relaxation,” the Paraguayan press notes.

The various neighborhoods offer single-family lots, houses, apartments, and enjoyment of its inhabitants, along with a clubhouse with all the amenities to celebrate special occasions and an environment of indescribable natural beauty. The complex also has sports areas and a marina with access to Lake Itaipu exclusively for water activities with motor equipment.

Crystal Lagoons® technology is changing the lives of millions of Paraguayans by bringing a piece of the ocean to the cities and creating urban beach life, just as 200 years ago, an architect in England brought a piece of the forest to the city of London and urban parks were created.

Última Hora

Crystal Lagoons enters the largest country in the Middle East, Saudi Arabia, with a new mega deal to develop real estate, hospitality, and Public Access Lagoons™, also called PAL™, projects. The development plan consists of several luxury complexes located in coastal and inland cities such as Riyadh and Jeddah, Dammam, Medina, and Khobar.

The multinational innovation company, founded by scientist Fernando Fischmann, has partnered with A’amal Group, a major holding company interested in investment, hospitality, real estate & energy development across the Middle East, Asia, and Africa. The company’s Founder & CEO, Yassin Al Suroor, is also the Founder & CEO of DANA Investment, which specializes in the digital economy. He is a board member of several regional and international companies and global nonprofit organizations.

With the new partnership with A’amal Group, Crystal Lagoons, has consolidated its presence in the Middle East, where it already has ongoing projects in the UAE, Egypt, Israel, Palestine, and Oman. The world’s two largest crystalline lagoons are located in the Middle East: District One in Dubai (30 hectares) and Citystars Sharm El Sheikh in Egypt (12.8 hectares).

“I am very pleased to announce this strategic alliance between A’amal Group and Crystal Lagoons and the potential that it holds for Saudi Arabia. We believe this partnership follows our vision for the future and are confident that working in synergy will lead to developing unique destinations throughout the country.” Said Yassin Al Suroor, President & CEO of A’amal Group

At the center of these PAL™ developments are large crystalline lagoons suitable for swimming and water sports, surrounded by white sandy beaches open to the public for a fee. The complexes also have commercial areas, restaurants, weddings, hotels, concert venues, terraces, amphitheaters, etc.

“Closing a strategic partnership like this for 10 PAL™ projects in Saudi Arabia is a milestone that validates our uniqueness and adds value as a brand. It also shows that the Crystal Lagoons® concept and technology can bring idyllic beaches anywhere in the world, even to the middle of the desert, and create unique tourism opportunities,” said Alastair Sinclair, Regional Director of Crystal Lagoons.

Crystal Lagoons experienced record global expansion in 2022 with its PAL™ projects. The company entered over 15 new markets and closed mega business deals in countries including Japan, Australia, India, Israel, and Palestine.

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