The crystalline lagoons are revolutionizing the Colombian market, becoming the best amenity in projects. AED, a prominent Colombian real estate company, pioneered the incorporation of Crystal Lagoons® technology in projects across Colombia. Thanks to these lagoons, which have become the key to the success of its developments, AED established itself as a sales leader.
One of the most notable examples of this phenomenon is Baia Kristal, an iconic AED development in Cartagena de Indias, the country’s premier tourist city. Due to its monumental crystalline lagoon, Baia Kristal has led national sales and become the best real estate investment in Colombia and the Caribbean. Although the project was initially planned to be sold within three years, its success was such that it was fully sold in less than 12 months.
This development, featuring 7.9 acres of crystalline Lagoon with turquoise waters and white sandy beaches, Baia Kristal has captured the attention of investors and future residents. In an interview with El Tiempo, Juan Pablo García, CEO of AED, highlighted the value that Crystal Lagoons bring to their projects. “The lagoons enhance the appeal of our properties and are decisive factors for buyers. Projects with this amenity have high demand and appreciation,” he stated.
Another project that has led to sales due to the artificial lagoons is Kristal Blu, located in the northern area of Cartagena. AED’s latest project with Crystal Lagoons, also in Cartagena de Indias, is Kristal Malls. A sizeable crystalline lagoon developed under the Public Access Lagoons® model, also known as PAL® developments, will be the central feature of the largest shopping center in the Colombian Caribbean, aiming to become the country’s first Shopping Resort. In this mall, visitors will experience an unprecedented combination of idyllic beach life, shopping, and entertainment, all in the city’s heart.
Kristal Mallsis part of one of the largest agreements of Crystal Lagoons in Latin America with AED. The agreement includes 11 projects for the country’s coffee-growing region, the Eje Cafetero, the Andean Region, and the surrounding Bogota area.