International Land Alliance, Inc. (ILAL) reported on April 30, 2025, that five new homes are currently in the contract stage at its Oasis Park Resort. These homes are being built on beachfront homesites, adjacent to the planned condotel within the master-planned community.
The total construction revenue projected from these five new homes is expected to exceed $1.3 million. This indicates continued sales and development activity at Oasis Park, which initially opened sales in the third quarter of 2024.
Oasis Park Resort encompasses 500 homesites, representing over $15,000,000 in gross lot sales potential and over $125,000,000 in gross potential construction revenue. The company also maintains plans to break ground on the 72-room 'Cabo Oasis Resort and Spa' condotel simultaneously with other construction efforts.
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