- Real Estate -

March 18, 2017

ProGreen's subsidiary, Procon Baja JV (Procon), has entered into a definitive purchase agreement for an ocean front tract of land situated near the town of El Rosario in Baja California. The land gently slopes towards the Pacific Ocean and covers a total area of 2,056 ha (5,100 acres) with 7,5 km (4.7 miles) of ocean front.

We are presently in the process of building the management team for this development. Details on the members of this team will be published during the month of February. We will also initiate discussions with development partners once the initial development plans have been completed.

(click any gallery image for large view)

OUR GOALS [Stated February 23, 2017]

We have set some goals, which at this time include only individual lots, and is as follows

SALES / RESERVATIONS:

2017
- 25 lots

2018 - 75 lots

2019 - 150 lots

2020 - 300 lots

The Cielo Mar Plan

GATED COMMUNITY, WITH ON-SITE SECURITY AND SECURITY CAMERAS THROUGHOUT THE DEVELOPMENT, MONITORED 24/7

TOTAL GREEN DEVELOPMENT

SOLAR POWER ONLY WITHOUT HOOKUP TO GRID

NOW STARTING WORKING ON MASTER PLAN – TOPOGRAPHIC PLAN

CHANGING LAND PERMISSION FROM RUSTIC TO DEVELOPMENT

We see the community, Cielo Mar, likely including:

  • 7,000 SFR LOTS
  • SEVERAL CONDO DEVELOPMENTS WITH ESTIMATED 3,000 UNITS
  • SEVERAL HOTELS WITH ESTIMATED 3,000 ROOMS TOTAL
  • A MARINA FOR LEISURE CRAFT – ESCALERA NAUTICA
  • 3 GOLF COURSES
  • SPORT AND TENNIS CENTER
  • BIKE – HIKING – AND WALKING TRAILS
  • GREEN AREAS AND PARKS
  • MUSEUM
  • EQUESTRIAN CENTER
  • BEACH CLUB
  • COMMERCIAL CENTER
  • FIBER OPTICS FOR HIGH SPEED INTERNET – CARLOS SLIM INSTALLED LINE NORTH TO SOUTH ALONG THE TRANSPENINSULAR HIGHWAY
  • WATER RESERVOIRS
  • SEWAGE PLANTS

WE ARE PLANNING TO START TAKING RESERVATIONS FOR INDIVIDUAL LOTS FOR THE FIRST PHASE EVEN BEFORE THE MASTER PLAN IS COMPLETED AS TERE IS ALREADY DEMAND.

WE WILL BE OFFERING INITIAL BUYERS VERY FAVORABLE PRICING AS THEY WILL IN EFFECT BE PARTNERS.

DETAILS WILL BE PRESENTED IN THE CIELO MAR WEBSITE DUE TO BE LAUNCHED SOON

AS FAR THE CONDOS, HOTELS AND GOLF COURSES, MARINA ETC, WE INTEND TO ATTRACT OUTSIDE PROPERTY INVESTORS AND DEVELOPERS

WITH THE COMMERCIAL PROPERTIES, WE HAVE VARIOUS ALTERNATIVES BUT THE MOST LIKE IS TO LEASE THE PROPERTIES AND CREATE RESIDUAL INCOME

SALE OF INDIVIDUAL SF LOTS, THERE WILL BE:

A - LOTS, B- LOTS AND C- LOTS, WITH A- LOTS STARTING AT THE OCEAN FRONT. PRICING WILL OBVIOUSLY VARY SUBSTANTIALLY WITH FRONT LINE LOTS AT A PREMIUM

WE WILL DO A FIRST PHASE OF 50-100 LOTS WHICH WILL SERVE AS REFERENCE FOR THE REST OF THE DEVELOPMENT

HERE WE WILL ALSO OFFER VERY ATTRACTIVE DEALS FOR PEOPLE THAT WILL BUILD EARLY

WE INTEND TO MARKET CIELO MAR VERY AGGRESSIVELY
  – NOT ONLY IN THE US AND CANADA,
  - BUT ALSO IN EUROPE.

March 1, 2017

Our Baja Real Estate Project - Cielo Mar