Brazilian investors attracted to the PAL™ Model14 July, 2023 / News
Brazilian investors have expressed interest in developing Crystal Lagoons Real Estate and Public Access Lagoons™, also known as PAL™ developments, built using the technology of multinational company Crystal Lagoons®, following a series of meetings held at a recent roadshow in the country’s financial and economic center, Sao Paulo.
In just two days, the multinational company held 12 meetings with major players from the real estate, construction, entertainment, and retail sectors, which confirms that the Crystal Lagoons® technology is an attractive long-term investment prospect for Brazil that promises high returns and the potential to stimulate social and economic growth as well as new business opportunities in Latin America’s largest economy.
A delegation headed by Miguel Cabañas, regional director for Latin America and the Caribbean, held meetings with investors from Sao Paulo, Goiás, Tijuca, Santa Branca, Fortaleza, and Porto Alegre, providing them with a more in-depth understanding of Crystal Lagoons’ business model, concept and technology.
The Brazil visit could lead to a master agreement for 12 potential projects in Sao Paulo, in addition to developments in Goiás, Fortaleza, and Porto Alegre and the construction of a crystalline lagoon in one of the country’s most popular shopping centers, which confirms the interest from the retail sector.
Crystal Lagoons already has more than 40 ongoing projects in Brazil at different stages of execution, in partnership with the country’s leading property developers. These include: “Brasil Beach Cuiabá Home & Resort” located in the state of Mato Grosso, west of Sao Paulo, which was the first crystalline lagoon to be built in Brazil; and the luxurious second home complex “Ponta da Figueira” built with Melnick-Even, one of the country’s most important resort developers.