Business
South American Properties, Inc. Plans Full Service Luxury Marina near Port City of Paita, Peru
South American Properties, Inc. Plans Full Service Luxury Marina near Port City of Paita, Peru.
About this update from Lig Assets, Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nSouth American Properties, Inc. Plans Full Service Luxury Marina near Port City of Paita, Peru\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nSouth American Properties, Inc. Plans Full Service Luxury Marina near Port City of Paita, Peru\n\nPR Newswire\n\nDALLAS, May 7, 2013\n\n\n\n\n\n\n\n \n \n \n\n\nDALLAS, May 7, 2013 /PRNewswire/ -- South American Properties, Inc. (OTCPK: THCB), announced its first real estate project under its new name and since controlling interest was sold to LIG Assets, Inc. (OTCPK: LIGA). A filing with FINRA was recently approved to change the name of Texas Hill Country Barbecue, Inc. to South American Properties, Inc. The newly formed entity plans to acquire and develop real estate properties, and other income generating assets located in South America with a more specific focus on the country of Peru. \n\n\n\n\n\n\nSouth American Properties plans to build a full service luxury marina called Colan Marina near the port of Paita in northern Peru. Colan Marina will be a planned full service marina and lake with 150 slips, dry dock facilities, maintenance and fuel service and full 24-hour security. The marina will be a man-made construction to be created by excavation of a salt flat bordering the emerald bay beach on the west and 100-foot cliffs on the east. A canal 24-meters wide and 200-meters long will connect the marina from the Pacific Ocean. \n\n\n\n\nLand has been purchased surrounding the lake portion as well as on top of the cliffs overlooking the marina location. Plans call for a small draw bridge that will allow traffic along the beach when boats are not entering. A rock jetty will be constructed to calm any waves allowing a smooth entry into the canal and marina. The marina will be land locked and secure from weather and with 24-hour security. It will be connected to electric and water services. Future plans also include a marina club, bar and small hotel, as well as apartments and condos for sale and rent.\n\n\n\n\nPeru has limite...