NOVEMBER 19, 2014: LA JOLLA, CALIFORNIA–International Land Alliance, Inc. (“ILA” or the “Company”) today announced that it has secured an option to acquire a 2.5-acre parcel in the prestigious Rancho Tecate Resort, located in Tecate, Baja California. This option provides ILA the opportunity to develop the unique “Las Estrellas” Vineyard Resort Living and add to its existing portfolio of properties in San Felipe (Oasis Park Resort) and Ensenada (Valle Divino). The Las Estrellas project is planned to include: 30 vineyard cottages (from 1,100 square feet to 1,800 square feet); a boutique winery; private wine cellars for owners and members; owners lounge with a covered endless pool; walking trails; 2 bocce courts; and organic herb gardens. Each owner at Las Estrellas will also own a luxury vacation club membership from Vivelo Vacation Club, also located within Rancho Tecate (an RCI International approved vacation club exchange property); privileged used of the winery facilities for private events; and a rental and management agreement with Rancho Tecate’s hotel and resort. The acquisition of the Las Estrellas parcel comes with the right to harvest the adjacent 4-acre vineyard of Cabernet and Merlot grapes – already in production.
ILA’s Vice President, Jason Sunstein, commented: “This is a major milestone for our Company as we continue to acquire and develop projects in close proximity to the South Western U.S. border. We will also benefit from the marketing synergy created by one another, as these three communities will serve as benchmarks for new standards in master planned communities, allowing us to participate in creation of the only regional resort club.”
About Rancho Tecate Resort The Ranch Tecate Resort is a 1,500-acre master planned resort in Tecate, Baja California (also known as the “Palm Springs of the South”), located just 7 miles south of the US-Mex Border and just north of the Guadalupe Valley, the premier wine region in all of Mexico with over 50 wineries and growing. The Rancho Tecate Resort includes 2,000 home sites, renowned restaurant, hotel with conference facilities, and equestrian – all surrounding lush vineyard landscape. For more information, please visit: www.ranchotecate.tx.
About International Land Alliance, Inc.
International Land Alliance, Inc., a Wyoming corporation (the “Company or “ILA”), is an international land investment firm based in San Diego, California. ILA’s primary goal is to sell desirable properties at competitive prices with favorable financing options for individual purchases and/or bulk purchases for all types of investors and buyers. The Company’s current inventory includes residential, resort and commercial properties with guaranteed financing for every buyer. By removing the middle-man, loans are approved directly by the Company providing easy and affordable financing terms. There are no pre-payment penalties, credit or background checks, and extremely competitive low interest rates. For more information, please visit: www.internationallandalliance.com.
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