Peruvian Finance Newspaper Features Crystal Lagoons® Expansion in Peru - Crystal Lagoons

Peruvian Finance Newspaper Features Crystal Lagoons® Expansion in Peru

Up to 20 crystalline water lagoons could be built in Peru as of 2021. According to an article by, the country’s leading financial newspaper, the Miami-based multinational Crystal Lagoons® will be expanding in the Latin American country with several projects in the pipeline.

Crystal Lagoons plans between 15 and 20 manmade lagoons to be built in different cities of Peru over the course of the next 10 years, is currently in negotiations with two real estate developers, explained Cristián Lehuedé, executive director at the multinational, during a recent interview with

Public Access Lagoons can be accessed via ticketed entry that, on average, could cost between US $10 and US $15, according to estimates made based on the experience of this business model applied in other Latin American cities.

Crystal Lagoons provides the technology for the development of large manmade crystalline lagoons with white sand beaches, which are built in association with companies typically connected to the real estate or leisure industries.

Unlike pools or other artificial lagoons, the technology used to power Crystal Lagoons amenities allows much larger bodies of water to be built and maintained in crystalline condition without incurring in excessive costs, Lehuedé added.

Peru already has two such lagoons powered with this unique technology, although they do not offer public access. They are found in the multifamily developments known as La Jolla de Asia (Lima) and Hacienda La Joya (Arequipa) and can only be enjoyed by residents and homeowners. This was the company’s original business model: providing the technology for the construction of lagoons in real estate projects, which in turn ensures the developments added value.

However, the firm is now aiming to bring Peru its new business model, known as Public Access Lagoons, which can be accessed by the general public via ticketed entry. Likewise, they are surrounded by several services and amenities: facilities, beach area, retail premises, etc. “Our goal is to generate a very interesting and attractive hub for the cities in which these lagoons are located,” detailed Lehuedé.

Company estimates indicate that Peru has the capacity to build 15 or 20 Public Access Lagoons, considering its climate, population, and the touristic areas it already has to offer. The lagoons would average between 5 and 7,5 acres.

At least four of the amenities would be developed in Lima, another four in Arequipa, while the remaining lagoons would be divided up between Tacna, Piura, Trujillo and Ica.

We provide the technology. The development of these lagoons requires an alliance with a company that can build, operate, and take care of their maintenance, while managing the leasing of the businesses that are located around the lagoon as well as security, etc. We are looking for an exclusive partner to oversee investment in these projects in Peru,” added Lehuedé.

The company is currently in “relatively advanced conversations” with two real estate developers, however, these negotiations have been delayed due to the difficulties associated with the quarantine the country is undergoing to mitigate contagion due to coronavirus. The construction of each lagoon would require an investment ranging between US $10 million and US $15 million.

“We hope that when this happens, our estimates indicate that could be next year, we will be signing a contract with one of them and after that it would take us a further two years to have the first Public Access Lagoon built (…). I think that once this stage of social distancing has passed, people will be very eager to go out and socialize on weekends in a beautiful setting that is close to their town. And that is what we aim to provide,” he said.

Lehuedé also noted that the company has signed a further eight projects with real estate developers for the construction of private lagoons, which are currently in the planning stage. “These are projects that normally take a long time and could certainly take a little longer due to current quarantine restrictions,” he added.

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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