International Land Alliance Updates Construction at Oasis Park
Rhea-AI Summary
International Land Alliance reports significant progress at its Oasis Park Resort development in Baja California, with five new beachfront homes entering the contract stage, representing over $1.3M in construction revenue. The master-planned community, launched in Q3 2024, features 500 homesites with a potential of $15M in gross lot sales and $125M in construction revenue.
Located just 8 kilometers south of Rancho Costa Verde in San Felipe, the project follows the successful model of their previous development where they sold over 1,000 homesites and built more than 100 homes. The company also plans to break ground on the Cabo Oasis Resort and Spa, a 72-room beachfront condotel that will serve as amenities for property owners at both developments.
The San Diego-based company focuses on acquiring raw land in Northern Baja California, implementing sustainable solutions and advanced construction technology to create diverse investment and living options.
Positive
- Five new beachfront homes under contract with projected revenue of $1.3M
- Oasis Park Resort has potential for $15M in gross lot sales from 500 homesites
- Additional $125M potential construction revenue opportunity
- Proven track record at Rancho Costa Verde with 1,000+ lots sold and 100+ homes built
- Planned expansion with 72-room condotel development (Cabo Oasis Resort and Spa)
Negative
- Still in early development stages with only 5 homes contracted out of 500 potential homesites
- Revenue projections are speculative and not guaranteed
- Trading on OTCQB market, indicating lower tier exchange listing
News Market Reaction 1 Alert
On the day this news was published, ILAL declined 3.42%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
SAN DIEGO, CALIFORNIA, April 30, 2025 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILAL” or the “Company”), an international land investment and development firm, today reported there are now five new homes in the contract stage at its Oasis Park Resort. The new homes are being built on beachfront homesites adjacent to the planned condotel. The total construction revenue is projected to be in excess of
The Company opened up sales at its Oasis Park Resort in Q3 of 2024, a master planned community located just eight kilometres south of Rancho Costa Verde in San Felipe, Baja California. With 500 homesites, this represents over
“The creation and execution of the marketing strategy at Oasis mimicked that of Rancho Costa Verde, where we developed 1,200 homesites, sold over 1,000 and built over 100 homes and a boutique hotel,” ILAL President Frank Ingrande said. “When you have a sales and marketing team that believe in the vision, they can present that in an honest manner to our customers and it becomes helping our clients seeing the dream becoming a reality.”
The Company plans to break ground simultaneously on the planned condotel at its Oasis Park Resort, branded “Cabo Oasis Resort and Spa” www.CaboOasis.com. The Company plans to build this 72-room condotel on the beach fronting an existing natural lagoon in several phases and will serve as amenities for the Company’s property owners at both Oasis Park and Rancho Costa Verde. This Sante Fe style design will be a scaled-up version of the existing boutique hotel at Rancho Costa Verde.
About International Land Alliance, Inc.:
International Land Alliance, Inc. (OTCQB: ILAL) is an international land investment and development firm based in San Diego, California. As its’ core mission, the Company has embraced technology for sustainable and socially responsible solutions, in addition to using proptech and construction tech advanced applications to meet these goals. The Company is focused on acquiring attractive raw land primarily in Northern Baja California, often within driving distance from Southern California. The Company serves its shareholders by devoting considerable time and resources to seeking out the finest sites available and obtaining the necessary development permits to build a compelling portfolio of properties, which provide a diversity of investment and living options. Please visit: www.ila.company.
Safe Harbor Statement
The press release may include certain statements that are not descriptions of historical facts but are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects,” or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.
CONTACT:
Gregg Boehmer, IR Consultant
laynemichaelconsulting@gmail.com
FAQ
What is the total construction revenue potential for ILAL's Oasis Park Resort project?
How many new homes are currently under contract at ILAL's Oasis Park Resort in 2025?
What are the development plans for ILAL's Cabo Oasis Resort and Spa?
Where is ILAL's Oasis Park Resort located and when did sales begin?
What is ILAL's track record with their previous Rancho Costa Verde development?
