At the moment, Strategic Global Investments, Inc. (OTCMKTS:STBV) has a ten-acre property in Los Cabos, Baja that is currently a substantial asset base and will be a great source of future income. Strategic Global Investments, Inc. has finally acquired all of the necessary building permits, environmental and government approvals that are needed to construct the units that they have planned. The company owns a real estate development subsidiary, which focused on making Eco-friendly, luxury real estate in vacation areas with high demand. This subsidiary is trying to acquire and develop land to build small luxury resort homes, or Small Luxury Villas (SLV for short) on a timeshare system.
The plans to complete the first SLV was finalized in October. In a corporate update, Strategic Global Investments, Inc. specified that it would be putting great focus on finish the Time Share property owned in Los Cabos, Baja, Mexico. Reports indicate that the economic environment has become a major benefit for the company’s plans to finish its ongoing business plan and finish their SLV. At the moment, the 5000 square foot showcase SLV is 65% complete. The other twenty-nine villas on the debt free property will be between 2300 to 2500 square feet and will be constructed according to market demands.
CEO of Strategic Global Investments, Inc. (OTCMKTS:STBV), Andrew Fellner, stated, “We initially invested in the project prior to the 2008 market crash. We’ve since seen a massive recovery in the time share market, which has prompted us to continue construction of our first Villa to meet current market demand. It’s a very exciting time for the Company and to see our new business plan coming to fruition further validates our vision.” As mentioned, the demand for this products is increasing and proving to be great for STBV. Over the last ninety days, STBV has seen lows of $0.0056 and a difference of 1507% with highs of $0.09.
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