Mexican Stakeholders Explore PAL™ Model
Crystal Lagoons® has maintained a successful presence in the Latin American real estate and tourism world, with almost 100 prominent projects in different stages of development in Mexico alone, among them, the world famous resort, Diamante Cabo San Lucas, and Blúu, a primary residence project, in Mazatlán, among others.
With its innovative concept and technology, Crystal Lagoons is capable of creating idyllic beach life, bringing a piece of the ocean to anywhere in the world. Currently, it is in advanced negotiations in Mexico to finalize a master agreement to develop several Public Access Lagoons™, also known as PAL™, which would be located in Monterrey, Guadalajara, Tijuana, Puebla, Cuernavaca, Cancun, Mérida, Morelos, Juarez and Mexico City, among other locations.
Previous projects have generated the interest of prominent Mexican investors, as did a roadshow that Crystal Lagoons carried out some months ago in Mexico City, in which detailed all the positive aspects of the PAL business model. This has triggered the interest of different investment funds and local real estate companies are currently analyzing these public access projects.
“The climate and population in Mexico make it a market with great potential for Crystal Lagoons business model, which, without a doubt, will positively contribute to the lives of millions of Mexicans by bringing a piece of the ocean within walking distance of their homes. This will prevent them from having to take a car or plane to go to the beach, thus reducing the carbon footprint and human impact on biodiversity,” explains Felipe Baldwin, Global Business Director at Crystal Lagoons.
Unlimited benefits of the PAL model
“Since they require a low investment and present a limited risk, these projects generate profits quickly and produce pyramidal financing even while they are being built,” says Felipe Baldwin.
“Mexican stakeholders have identified these developments are a new long-term investment option, with rates of return that no other industry is capable of offering.”
Crystal Lagoons is an international innovation company, founded by scientist Fernando Fischmann, which has developed a patent-protected technology that allows the construction and maintenance of unlimited-size clear water lagoons at very low costs.