Crystal Lagoons Amenities Shown To Exponentially Increase Surplus Value Of Real Estate Developments2 August, 2019 / News
The surplus value generated by Crystal Lagoons® amenities to projects has frequently hit the headlines in media outlets around the world. The coverage has consistently highlighted how the company’s crystalline lagoons exponentially increase the value per square meter of real estate developments and speed up sales rates. The following are just a few success stories.
The multinational in innovation in water company’s projects in the United States have shown several triumphs, attracting the attention of local media outlets.
The company’s latest real estate development to open in Miami, known as Solé Mia, has revolutionized the local leasing market. Breaking leasing records, along with other projects that the multinational is moving forward with in the U.S., the success of this complex is due to its huge 11-acre crystalline lagoon. In fact, the apartments with a view of the turquoise water mirror have seen huge demand, as they offer residents beach life throughout the year and extensive white sand beaches. But that is not the only recognition Crystal Lagoons has seen nationwide.
Additionally, in 2018, all of the company’s developments that were for sale –Lake Nona, in Orlando; Balmoral and Lago Mar, both in Texas–, were among the 50 best-selling real estate projects, according to the 2018 Top-Selling Master-Planned Communities ranking, which is annually prepared by the RCLCO consultancy agency.
A concrete example is that of the Balmoral project, which broke sales growth records during 2018, with an increase of 345%, according to the study “Amenities and Broad-Based Demand Drove Top 50 Masterplans’ Sales”, carried out by the prestigious real estate consultant John Burns Real Estate Consulting.
Inaugurated towards the end of 2018, the real estate project known as The Blyde, developed together with Balwin Properties, is the first Crystal Lagoons amenity in Sub-Saharan Africa. The real estate company’s CEO, Steve Brookes, highlighted in local media that the project’s sales success is associated with the water amenity of Crystal Lagoons.
“Sales rates are significantly exceeding the development average of approximately 25 apartments per month. The success of The Blyde is largely as a result of the opening of the Crystal Lagoons amenity during 2018, the first of its kind in sub-Saharan Africa. We are very proud of this initiative and look forward to many more opportunities to emulate this success,” said Brookes to Business Report.
The Mohammed bin Rashid al Maktoum – City District One project, in Dubai, is set to become a must see destination for luxury retail and leisure once Meydan Mall opens in 2021. The development is expected to become amongst the lowest-density residential projects in the world and includes a monumental Crystal Lagoons amenity. During 2019, the project has consistently ranked as one of the country’s highest real estate projects in terms of sales volume, according to Lux Habitat.
The project includes over 9 miles of boardwalk and 98 acres of crystalline waters powered by Crystal Lagoons technology.
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.