Crystal Lagoons inaugurated real estate project with Chile’s biggest crystalline lagoons

6 October, 2014 / News

Crystal Lagoons and Inmobiliaria Aconcagua inaugurated a new milestone in northern Chile with the country’s biggest real estate project with crystalline lagoons and one of the most important in Latin America. This is a real estate project that represents an investment of more than US$1.800 million that will take place in the city of Antofagasta. The project comprises many navigable crystalline lagoons with white sands and palm trees. The first lagoon, 1.75 hectare in size, is already in operation and it is placed at the heart of this first home project. “Costa Laguna” is a new Urban Resort that brings the beach lifestyle to the city that the two firms are developing in northern Chile, joining other projects such as “Laguna del Mar” in La Serena, “Laguna del Sol”, in Padre Hurtado, and “Ayres de Chicureo”, both of them in Santiago.

This mega development is placed on a 300 hectare site land at the city’s northern area and it has an excellent connectivity. Its biggest appeal is the private white sand, palm trees and crystalline lagoons beaches where all kinds of non-motorized water sports can be practiced. The project plans the construction of 15 thousand houses and apartments in a period of 20 years, with prices that range from 4.000 to 9.000 UF. Apart from that, this big project includes supermarkets, clinics and schools, making it one of Chile’s most iconic developments. “Costa Laguna” has 30 hectare of green areas, sports equipment, playground areas and services.

“Costa Laguna represents a drastic change to people’s life quality and style since now they can live in a tropical paradise at their doorstep and enjoy the benefits of living beside the beach 365 days a year, being able to practice any kind of water sports, which provides the feeling of always being on holidays. Without any doubt, this mega project sets relevant trends, not just in the real estate developments of northern Chile, but also in Latin America” Francisco Matte, Crystal Lagoons’ Managing Director for Latin America, states.

Crystal Lagoons Corporation is an international innovation company that has developed and patented technology that allows for the low-cost construction and maintenance of unlimited size bodies of water in crystal-clear condition. Patented in 160 countries, Crystal Lagoons’ technology applications range widely from its recreational business, which brings the dream of idyllic beach life to any corner of the world, to its industrial variations in closed-circuit cooling, water desalination and applications for the mining industry. The technology was pioneered by Fernando Fischmann, the founder and chairman of Crystal Lagoons Corporation. A trained biochemist, Fischmann patented the technology and founded Crystal Lagoons Corporation in 2007. In less than three years since its formation, Crystal Lagoons Corporation has seen exponential growth and is currently involved in over 300 projects in more than 60 countries, including Egypt, Jordan, United Arab Emirates, Saudi Arabia, Indonesia, Singapore, Colombia, Brazil, Argentina, Peru, Paraguay and United States.