Crystal Lagoons®: unbeatable added value for real estate and tourism developments

Líderes Mexicanos, one of the leading economical magazines of Mexico, presented an extensive report of Crystal Lagoons® and its technology, that allows crystalline lagoons of unlimited sizes, that have become an unbeatable added value for real estate and tourism developments.

In an interview with Jean Pierre Juanchich, Crystal Lagoons Latin America’s Regional Director, the magazine highlights that the multinational water innovation company has developed projects in Mexico like Diamante Cabo San Lucas, in Baja California, Bluu in Mazatlán and in Riviera Maya and Nayarit, among others.

Crystal Lagoons is “a technology company with more than a thousand projects, at different stages of development, all over the world, that was founded by Fernando Fischmann, a real estate entrepreneur biochemist, that dreamt of bringing the idyllic beaches of the Caribbean to Chile”, explains Juanchich.

Today, the innovate multinational is developing negotiations in Mexico to achieve an exclusivity master agreement to develop 30 Public Access Lagoons ™ projects, also known as PAL™ projects. These developments have already enchanted many markets, like US (16 PAL), Central America (18 PAL in El Salvador, Guatemala, Costa Rica, Dominican Republic, Honduras, Panama, Nicaragua and Belize), Korea (30 PAL) and Pakistan (15 PAL).

These projects “generate hotspots near big urban hubs, that already have that large space touristic attraction vibe. In big parks the main attractions is the lagoon, whether for nautical sports and swimming, or its adjacent retail spaces and malls. In fact, we have witness and increased interest in these projects, hand in hand to the pandemic” adds the executive in the interview.

Among the operational projects in Mexico Diamante Cabo San Lucas stands out, a project that due to the subprime crisis faced financial issues. However, after including a Crystal Lagoons amenity it positioned itself as the most important resort in Baja California, with villas worth between US $ 2 and 4 million and US $ 70 thousand a week of timeshare.

Diamante and other previous developments where the example that generated the attention of well-known Mexican investors in the PAL Projects business model.

The new public access developments appraised by investment funds and local real estate firms would be located in Mexico City, Monterrey, Guadalajara, Tijuana, Cuernavaca, Cancun, Merida and Morelos, among other localities.

“Mexican investors identified these developments as a new alternative of long term investments, with never-before-seen return rates, low investment and limited risk. Each project has an estimated initial investment of about US $ 8 million, and as they are being built they quickly generate profits, which allows an organic financing of the growth and development of the business; and with a low initial investment, create a company with a very high present value.”, explains Jean Pierre Juanchich, Crystal Lagoons Latin America’s Regional Director.

The PAL projects are monumental man-made lagoons with turquoise water, surrounded with beaches, suitable for swimming and nautical sports, that can be accessed through a ticket. Additionally, and thanks to a new Crystal Lagoons technology named Hot Reef™, bathing zones are kept year round at 28°C, providing optimal conditions at a sustainable and low rate, similar to tropical seas that allows enjoying them all seasons.

PAL developments are internationally known for their added value and contribution to the cities, becoming the most beautiful place of the area. There are projects with more or less infrastructure, and the most complete have spaces for fairs, food-halls, marriages and events, retail, amphitheaters, shows and concerts in multiple locations like beaches, terraces and domes.

“Mexico is a market with great potential for PAL projects due to its climate and population, among other features. These developments will change the lives of millions of Mexicans by bringing a fraction of the ocean within walking distance of their homes and preventing them from having to take a car or plane to go to the beach, with the resulting environmental savings”, concludes Juanchich.

In fact, areas such as PAL projects are being particularly needed in cities after the confinement, as people prefer to relax in areas closer to their residence, and in controlled enclosures that guarantee sanitary measures. Being able to have a beach lifestyle and recreation close to home reduces many of the liabilities.

Líderes Mexicanos

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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